Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 542 - Grimsby East. Expertly crafted featuring premium board & batten and brick front construction, this residence presents an exceptional opportunity offered at $1,399,900 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.
Nestled onto the Niagara escarpment. Less than 3 years new Beautiful Branthaven built 4 bed and 4 bath home is LOADED with quality upgrades throughout. OPEN CONCEPT living room & kitchen with patio walkout to FENCED YARD, concrete patio & Suncoast Enclosure(GAZEEBO) with electric retractable screens backing onto the escarpment. Gourmet kitchen features an oversized island, STAINESS STEEL APPLIANCES, pantry, CAESARSTONE COUNTERS & wine fridge. Formal dining room with 2 story ceilings & second level overlook. The main floor is completed with a welcoming foyer, powder room & a multi-use room that can be used for a home office, den or playroom. Upper level primary (master) bedroom has a gorgeous ensuite with HEATED FLOORS and a LARGE WALK-IN CLOSET + there are 3 more large bedrooms, a 4 pc main bath & 4 piece shared washroom, and CONVENIENT BEDROOM LEVEL LAUDRY. Double garage & paved driveway with patterned concrete accents & porch. Located in a beautiful new Grimsby neighbourhood, close to schools & shopping with easy access highway (QEW). One of the owners is a licensed realtor. All measurements approximate. **INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**
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Hospital, Park, Place Of Worship, Public Transit, School
Auto Garage Door Remote, Bar Fridge, ERV/HRV, Floor Drain, Sump Pump, Water Heater
Carbon Monoxide Detectors, Smoke Detector
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Data-driven valuation for 110 Terrace Drive, Grimsby, ON L3M 2L1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Grimsby.
About Purchasing a Home in Grimsby, ON
For a property listed at $1,399,900 in Grimsby, the legal minimum down payment is $279,980 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 $24,473 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 $24,473.
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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.