229 Main Street, Grimsby, ON
Property no longer active
This property was sold on January 27, 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 541 - Grimsby West. Expertly crafted featuring premium metal/steel siding construction, this residence presents an exceptional opportunity offered at $790,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 1500-2000 sqft on a premium 75.91 x 888.2 ft lot
- 6.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This unique property offers different options including an incredible opportunity to possibly build your dream home on a spacious 1.5-acre lot in the scenic Grimsby Escarpment. With dimensions of approximately 75ft by 888ft, this expansive property offers the perfect canvas for a custom built residence that captures the essence of city and country living (subject to approvals from the relevant authorities). Boasting a unique blend of cleared space and wooded back lot, you could create a home that suits your lifestyle. Imagine waking up each day to the tranquility of nature right outside your window, with ample space for gardens, outdoor living areas, or even a private trail through the trees. The existing home, with 1,560 square feet, 2 bedrooms & 1 bath, is certainly livable while you plan your personal touch renovations to the existing home and/or consider building a new residence on the property. The current home features charming details like porcelain tile floors, a fireplace in the living room, a clawfoot soaker tub, and French doors in the loft area that open to let in natural light. Whether you envision a modern architectural masterpiece or a timeless country estate, this property's size and natural surroundings provide endless possibilities. Seize this rare opportunity to create a truly unique living experience in one of Grimsby's most desirable locations.
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Property Summary
This detached home located at 229 Main Street, Grimsby is currently for sale and has been available on SousaSells for 562 days. This property is listed at $790,000 with an estimated mortgage of $2,630* per month. It has 2 beds, 1 bathroom, and is 1500-2000 square feet. 229 Main 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Greenbelt/Conservation, Hospital, Place Of Worship, Rec./Commun.Centre, Sloping, Wooded/Treed
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 229 Main Street W, Grimsby, ON L3M 1S1
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 $790,000 in Grimsby, the legal minimum down payment is $54,000 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 $12,275 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 $12,275.
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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.