122 MAIN Street, Grimsby, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 542 - Grimsby East. Expertly crafted featuring premium brick and wood construction, this residence presents an exceptional opportunity offered at $979,900 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 154 x 225 ft lot
- Features a full, development potential basement, adding superb versatility for recreation, a home gym, or extra storage
- 11.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- Efficient forced air heating via gas
Description
STATELY HERITAGE PROPERTY ON NEARLY ONE ACRE with possibility of one large lot severance for an additional detached home. Prime location along the Main Street historic corridor in the Downtown Core. This dwelling has a high degree of craftsmanship and artistic merit. Built in 1887, constructed with clay brick and sits on a cut stone foundation. The front facade is dressed with a wrap-around verandah. This property is ideal for the History Enthusiast eager to restore the estate to its original beauty with possible carriage house. This is an exceptional opportunity to own a piece of history. Short stroll to parks, schools, hospital, shopping and fine dining!
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Clear View, Fenced Yard, Hospital, Level, School
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 122 MAIN Street E, Grimsby, ON L3M 1N8
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 $979,900 in Grimsby, the legal minimum down payment is $72,990 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 $16,073 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 $16,073.
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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.