117 Olive Street, Grimsby, ON
Property no longer active
This property was sold on October 29, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 540 - Grimsby Beach. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $989,999 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.
- 4 Bedrooms and 3 Bathrooms
- Premium 49.79 x 130.77 ft lot size
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Just seconds from the lake this beautifully maintained 4-bedroom, 3-bathroom home located in one of the towns most sought-after communities. This spacious home offers an open-concept layout thats perfect for both growing families and those who love to entertain. The living and dining areas are bathed in natural light, creating a warm and welcoming atmosphere and featuring a gas fireplace and a sunken living room. The kitchen is well-equipped with stainless steel appliances, a gas cooktop & electric wall oven, ample storage, and a functional layout that suits both everyday life and hosting guests. Step outside into your private backyard oasis, featuring an inground pool and hot tub, ideal for relaxing or summer entertaining. Whether its a quiet evening or a lively barbecue with friends, this outdoor space offers the perfect combination of fun and tranquility. Recent Upgrades include but not limited to: 2023: Basement windows replaced. 2022: Ensuite bathroom fully renovated. 2021: Pool pump and heater updated. 2020: Pool liner replaced and powder room updated. 2019: Driveway, front walkway, hardwood stairs, walk-in closet, wardrobe, basement flooring (with pool table area) updated, and hot tub installed. 2018: Roof (including shed roof), furnace, and air conditioning replaced. Located in a peaceful, family-friendly neighborhood, just minutes from schools, parks, and shopping, offering both convenience and a serene escape. With its recent updates, this home is move-in ready, providing modern comfort and peace of mind. Dont miss the opportunity to make this your familys forever home
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Property Summary
This detached home located at 117 Olive Street, Grimsby is currently for sale and has been available on SousaSells for 632 days. This property is listed at $989,999 with an estimated mortgage of $3,295* per month. It has 4 beds, 3 bathrooms, and is unknown square feet. 117 Olive Street, Grimsby is in the 540 - Grimsby Beach neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 117 Olive Street, Grimsby, ON L3M 5B1
Based on 0 recent similar sales in the pocket.
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 $989,999 in Grimsby, the legal minimum down payment is $74,000 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 $16,275 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 $16,275.
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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.