20 Niagara Street, Unit 8, Grimsby, ON

$505,000
MLS#:X9388122
3 beds
1 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on November 5, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of 541 - Grimsby West. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $505,000 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 1 Bathroom
  • Generous living space spanning 1000-1199 sqft
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

GREAT LOCATION, GREAT VALUE ... This 2-storey, 3 bedroom, PHELPS-BUILT condo townhome nestled at 8-20 Niagara Street is just steps to downtown Grimsby, shopping, amenities, schools & only 1 minute to QEW and GO station. Tucked into a small complex, hidden away on a quiet street, this home offers peaceful views of mature trees and green-space from the back deck. Main level features neutral paint throughout, a bright dining area with large window, GALLEY-STYLE kitchen, and SPACIOUS living room with WALK OUT through sliding patio doors to the private back deck. UPPER LEVEL offers three bedrooms and a 4-pc bath. Full basement provides laundry and an abundance of storage space. PRIVATE drive plus lots of visitor parking. UPDATES INCLUDE front door, patio door, furnace & A/C, kitchen appliances. Low condo fee!

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Property Summary

This townhouse located at 20 Niagara Street, Grimsby is currently for sale and has been available on SousaSells for 648 days. This property is listed at $505,000 with an estimated mortgage of $1,681* per month. It has 3 beds, 1 bathroom, and is 1000-1199 square feet. 20 Niagara Street, Grimsby is in the 541 - Grimsby West neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateNovember 5, 2024
Sold price information is available to members only
Listed Date10/8/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionVinyl Siding
BasementFull, Partially Finished
CountyNiagara
Annual Tax$2,681.66

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Marina, Library, Place Of Worship, School, Rec./Commun.Centre

Interior Features

Water Heater

Security Features

Community Features

Location

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20 Niagara Street, Unit 8, 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 Niagara Street 8, Grimsby, ON L3M 5K6

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$151,500 (30.0%)
* Minimum Canadian down payment required for this price is $25,500.
Amortization Period30 Years
Estimated Monthly Payment$1,681Based on a loan of $353,500 over 30 years.
Purchase Price$505,000
Loan Amount$353,500
Provincial Land Transfer Tax:$6,575
Total Estimated Closing Taxes:$6,575

About Purchasing a Home in Grimsby, ON

For a property listed at $505,000 in Grimsby, the legal minimum down payment is $25,500 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 $6,575 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 $6,575.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 541 - Grimsby West, Grimsby.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$918,665

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

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

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.