49 Ontario Street, Unit 7, Grimsby, ON
Property Highlights
Welcome to this remarkable 2-Storey condo apartment located in the coveted neighborhood of 542 - Grimsby East. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $399,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 1 Bedroom and 2 Bathrooms
- Generous living space spanning 900-999 sqft
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Separate Hydro Meter
- equipped with central air central cooling and highly efficient heat pump heating via electric
Description
Charming two-storey condo in Grimsby's boutique Carnegie Lofts! This 1-bed, 1-bath home offers approx. 950 sq ft of thoughtfully laid-out living space - plus a basement, a rare feature in this building. The main level welcomes you with an open-concept foyer, kitchen, and living room finished in warm hardwood flooring. Upstairs, the primary bedroom is joined by a private bath and convenient laundry. Built in 2005, with a concrete block foundation and 100-amp breaker panel. Set within a converted heritage-style building around a quiet interior courtyard, this address puts you steps from downtown Grimsby's shops, cafes, and the Lake Ontario waterfront. Condo fee of $475/month covers water, building maintenance, and parking. 2025 taxes: $2,817. A fantastic opportunity for first-time buyers, downsizers, or investors looking to plant roots in one of Grimsby's most character-filled addresses.
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Property Summary
This condo apartment located at 49 Ontario Street, Grimsby is currently for sale and has been available on SousaSells for 10 days. This property is listed at $399,000 with an estimated mortgage of $1,328* per month. It has 1 bed, 2 bathrooms, and is 900-999 square feet. 49 Ontario Street, Grimsby is in the 542 - Grimsby East neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in 542 - Grimsby East, Grimsby.
- •1 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •900-999 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Grimsby.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Separate Hydro Meter
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 49 Ontario Street, Unit 7, Grimsby, ON
Q.What is the asking price for 49 Ontario Street, Unit 7, Grimsby, ON ?
The current listing price for 49 Ontario Street, Unit 7, Grimsby, ON in 542 - Grimsby East, Grimsby is $399,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 1 bedroom and 2 bathrooms across approximately 900-999 sqft.
Q.What property type and architectural style is 49 Ontario Street, Unit 7, Grimsby, ON ?
49 Ontario Street, Unit 7, Grimsby, ON is a Condo Apartment (2-Storey) featuring a Full, Unfinished basement.
Q.What interior features are included in this home?
Interior highlights include: Separate Hydro Meter.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (None).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 49 Ontario Street 7, Grimsby, ON L3M 3H2
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Grimsby, ON
For a property listed at $399,000 in Grimsby, the legal minimum down payment is $19,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,460 for this transaction. As this listing is in Grimsby (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,460.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.