20 Lakeside Drive, Grimsby, ON

$1,450,000
MLS#:X12100589
5 beds
3 baths
2000-2500 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 6, 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 540 - Grimsby Beach. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,450,000 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.

  • 5 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 65 x 232.16 ft lot
  • Features a separate entrance, development potential basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: In-Law Capability
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 20 Lakeside Drive, Grimsby Waterfront Living at its Best! Enjoy panoramic views of Lake Ontario and the Toronto skyline from this charming 1956 family home. Featuring a bright showstopper family sunroom with a gas fireplace, an eat-in kitchen with walkout to the deck, and an additional living room cozy with gas fireplace, with sliding doors to step outside onto the deck. The bedrooms are spacious, with opportunity to create additional bedrooms, if you have a big family. The finished basement includes a separate walk down entrance, large bedroom with walk-in closet, 3-piece bath, rec room, laundry, storage and cold room ideal for in-laws or income potential. Well-maintained with annual HVAC and fireplace inspections (twice a year). The property features magnolia and lilac trees, and two sheds. A rare lakeside gem! Whether you're watching the boats go by with the sunrise over the lake or watching the stars from your backyard, 20 Lakeside Drive is a rare opportunity to own waterfront property in one of Grimsby's most scenic location.

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Property Summary

This detached home located at 20 Lakeside Drive, Grimsby is currently for sale and has been available on SousaSells for 450 days. This property is listed at $1,450,000 with an estimated mortgage of $4,827* per month. It has 5 beds, 3 bathrooms, and is 2000-2500 square feet. 20 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

Bedrooms
5
Bathrooms
3
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 15, 2025
Sold price information is available to members only
Listed Date4/24/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementSeparate Entrance, Development Potential
Lot Size65 × 232.16 Feet
CountyNiagara
Annual Tax$9,483
Legal DescriptionPT LT 413 CP PL 4 GRIMSBY PT 1 30R4326; GRIMSBY

Parking & Garage

Parking Total6.0
Parking Space6
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Clear View, Hospital, Marina, School, Waterfront, Lake/Pond

Interior Features

In-Law Capability

Security Features

Community Features

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Location

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20 Lakeside Drive, 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 20 Lakeside Drive, Grimsby, ON L3M 2K7

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.

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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$435,000 (30.0%)
* Minimum Canadian down payment required for this price is $290,000.
Amortization Period30 Years
Estimated Monthly Payment$4,827Based on a loan of $1,015,000 over 30 years.
Purchase Price$1,450,000
Loan Amount$1,015,000
Provincial Land Transfer Tax:$25,475
Total Estimated Closing Taxes:$25,475

About Purchasing a Home in Grimsby, ON

For a property listed at $1,450,000 in Grimsby, the legal minimum down payment is $290,000 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 $25,475 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 $25,475.

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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.