129 Terrace Drive, Grimsby, ON
Property no longer active
This property was sold on April 15, 2025. 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 542 - Grimsby East. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,249,990 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
- Generous living space spanning 2000-2500 sqft on a premium 51 x 99 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 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
Welcome to 129 Terrace Dr, Grimsby Your Dream Home Awaits! This stunning new detached home offers the perfect blend of modern design and functional living. Featuring 4 spacious bedrooms and 3 beautifully appointed bathrooms, this home is ideal for families seeking comfort and style. Step inside to discover an inviting open-concept main floor that seamlessly connects the living, dining, and kitchen areas - perfect for entertaining or family gatherings. Large windows flood the space with natural light, highlighting the sleek finishes and contemporary design. The unfinished basement offers endless possibilities, whether you envision a home gym, rec room, or additional living space, this blank canvas is ready to suit your needs. Located in the charming town of Grimsby, this home is just minutes from top-rated schools, parks, shopping, and convenient commuter routes, offering the perfect balance of peaceful living and urban convenience. Don't miss your chance to own this exceptional property book your private showing today and make 129 Terrace Dr your new home!
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Property Summary
This detached home located at 129 Terrace Drive, Grimsby is currently for sale and has been available on SousaSells for 488 days. This property is listed at $1,249,990 with an estimated mortgage of $4,161* per month. It has 4 beds, 3 bathrooms, and is 2000-2500 square feet. 129 Terrace Drive, Grimsby is in the 542 - Grimsby East neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Other
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 129 Terrace Drive, Grimsby, ON L3M 1B6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Grimsby.
Configure Loan Settings
About Purchasing a Home in Grimsby, ON
For a property listed at $1,249,990 in Grimsby, the legal minimum down payment is $249,998 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 $21,475 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 $21,475.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for 542 - Grimsby East, Grimsby.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.