19 Lake Street, Grimsby, ON

$1,459,000
MLS#:X9014277
3 beds
4 baths
2250-2499 sqft
2.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on July 29, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 3-Storey condo townhouse located in the coveted neighborhood of 540 - Grimsby Beach. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,459,000 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.

  • 3 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2250-2499 sqft
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Sauna
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Nestled within the prestigious Marina Bay Estates, this waterfront townhome epitomizes luxury and exclusivity. Immaculate craftsmanship and refined upgrades define its interiors, featuring an expansive open concept layout. The chef's kitchen is equipped with premium stainless steel appliances (Kitchen Aid/Miele), a chef's pantry, a dedicated coffee and tea station/workstation, a wine rack, and an oversized breakfast bar. Upstairs, generously sized bedrooms, each with its own private ensuite. The primary bedroom boasts a private balcony, cathedral ceilings, and a luxurious 5-piece ensuite complete with dual sinks and heated floors. Large windows flood the home with natural light. Balcony offers panoramic lake views. Private fenced garden oasis provides a tranquil retreat for relaxation, BBQs, and outdoor leisure. Towering ceilings grace each floor, harmonizing with gorgeous wide plank hardwood floors throughout. A private elevator seamlessly connects all three levels for added convenience. Private main floor sauna. Unbelievable home. Meticulous upkeep.

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Property Summary

This townhouse located at 19 Lake Street, Grimsby is currently for sale and has been available on SousaSells for 743 days. This property is listed at $1,459,000 with an estimated mortgage of $4,856* per month. It has 3 beds, 4 bathrooms, and is 2250-2499 square feet. 19 Lake 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

Bedrooms
3
Bathrooms
4
Kitchens
1
Living Area
2250-2499 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJuly 29, 2024
Sold price information is available to members only
Listed Date7/5/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style3-Storey
ConstructionStone, Stucco (Plaster)
BasementNone
CountyNiagara
Annual Tax$7,309.69

Parking & Garage

Parking Total2.0
Parking Space1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Waterfront, Beach, Lake Access, Lake/Pond, Marina, Cul de Sac/Dead End

Interior Features

Sauna

Security Features

Community Features

Location

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19 Lake Street, Grimsby, ON
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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 19 Lake Street 18, Grimsby, ON L3M 0C3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Grimsby.

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Interest Rate4.00%
Down Payment$437,700 (30.0%)
* Minimum Canadian down payment required for this price is $291,800.
Amortization Period30 Years
Estimated Monthly Payment$4,856Based on a loan of $1,021,300 over 30 years.
Purchase Price$1,459,000
Loan Amount$1,021,300
Provincial Land Transfer Tax:$25,655
Total Estimated Closing Taxes:$25,655

About Purchasing a Home in Grimsby, ON

For a property listed at $1,459,000 in Grimsby, the legal minimum down payment is $291,800 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 $25,655 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 $25,655.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 540 - Grimsby Beach, Grimsby.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$762,292

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Our Lady of Fatima
Public69 Olive Street, Grimsby, Ontario, L3M 2C3
7.2
Central
Public5 Boulton Avenue, Grimsby, Ontario, L3M 1H6
8.1
Lakeview
Public33 Olive Street, Grimsby, Ontario, L3M 2B9
7.3
Smith
Public18, Grimsby-on-the-Lake, Grimsby, Ontario
9.1
Nelles
PublicGrimsby, Ontario, L3M 1H3
9.4

Secondary Schools

Blessed Trinity
Public145 Livingston Avenue, Grimsby-on-the-Lake, Grimsby, Ontario, L3M 5J6
7.1

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.