138 Lakeside Drive, Grimsby, ON
Property no longer active
This property was sold on May 27, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of 540 - Grimsby Beach. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,599,900 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.
- 5 Bedrooms and 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 56.92 x 156.26 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 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 this picturesque raised ranch, perfectly situated on a generous 61x156 ft lot with stunning, unobstructed views of Lake Ontario. Offering direct access to the water - making it an ideal location for boating enthusiasts and those who love to embrace the waterfront lifestyle. Step outside and unwind on the spacious patio, where you can soak in the tranquil atmosphere and breathtaking views right at the water's edge. Whether you're enjoying a quiet morning coffee or hosting family and friends for a sunset dinner, the serene surroundings will make every moment special. This home boasts 5 well-appointed bedrooms and 3 bathrooms, providing plenty of space for growing families or those looking to entertain in style. The open-concept layout offers a seamless flow from room to room, creating a comfortable and inviting environment. The attached double-car garage provides convenience and ample storage. Recent updates enhance the home's appeal, including a brand-new furnace, upgraded windows (2021), and a new roof (2019), ensuring peace of mind for years to come. Located in a highly sought-after Grimsby neighborhood, this property offers both the tranquility of lakeside living and the convenience of nearby amenities. Whether you're looking for a permanent residence or a seasonal escape, this lakeside hideaway is the perfect place to call home.
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Property Summary
This detached home located at 138 Lakeside Drive, Grimsby is currently for sale and has been available on SousaSells for 453 days. This property is listed at $1,599,900 with an estimated mortgage of $5,325* per month. It has 5 beds, 3 bathrooms, and is 1500-2000 square feet. 138 Lakeside Drive, 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
Additional Details
Property Details
Parking & Garage
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Property Features
Waterfront, Hospital, Lake Access, Park, Place Of Worship, Rec./Commun.Centre
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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 138 Lakeside Drive, Grimsby, ON L3M 2L5
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 $1,599,900 in Grimsby, the legal minimum down payment is $319,980 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 $28,473 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 $28,473.
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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.