24 Lake Street, Grimsby, ON

$899,900
MLS#:X12516828
3 beds
3 baths
1500-2000 sqft
8.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 540 - Grimsby Beach. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $899,900 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.

  • 3 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 84.79 x 87.6 ft lot
  • Features a full, partially 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: In-Law Suite
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

WELCOME HOME to 24 Lake St in Grimsby's sought-after lakeside neighbourhood! Just steps from the Marina, Lake, and parks, this charming 3- bedroom, 2.5-bath home offers over 1,700 sq. ft. of warm and inviting living space. The spacious dining room opens through garden doors to a private backyard, perfect for summer BBQs or quiet morning coffee. Comfy living room with gas fireplace. Lots of possibilities with a main-level granny flat, complete with its own separate entrance, provides income potential, in-law or a comfortable space for extended/multi-generational family living. Gorgeous curb appeal with an 84 foot wide frontage, beautifully landscaped and a double-wide driveway with room for six+ cars. An oversized 2 car garage (garage floor with rubber concrete resurfacing) PLUS a second-story workshop - a dream space for hobbies or extra storage! This home and property has been immaculately maintained by the original owner and is move-in ready. Enjoy being just a short walk to historic downtown Grimsby, the library, parks, and your favorite local restaurants. With easy QEW access, you're perfectly positioned between the GTA and Niagara's wineries, scenic trails, and attractions. This is a home that truly has it all - location, lifestyle, and long-time pride of ownership! Note: Some pictures are virtually staged.

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 13, 2026
Sold price information is available to members only
Listed Date11/6/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionVinyl Siding
BasementFull, Partially Finished
Lot Size84.79 × 87.6 Feet
CountyNiagara
Annual Tax$5,997.5
Legal DescriptionPT LT 1 S/S LAKE ST, 2 S/S LAKE ST TP PL 69 NORTH GRIMSBY PT 2 30R5850 S/T DEBTS IN RO800193; GRIMSBY

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Lake/Pond, Marina, Park, Rec./Commun.Centre

Interior Features

In-Law Suite

Security Features

Community Features

Location

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24 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 24 Lake Street, Grimsby, ON L3M 2G7

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 Rate5.25%
Down Payment$64,990 (7.2%)
* Minimum Canadian down payment required for this price is $64,990.
Amortization Period25 Years
Estimated Monthly Payment$4,975Based on a loan of $834,910 over 25 years.
Purchase Price$899,900
Loan Amount$834,910
Provincial Land Transfer Tax:$14,473
Total Estimated Closing Taxes:$14,473

About Purchasing a Home in Grimsby, ON

For a property listed at $899,900 in Grimsby, the legal minimum down payment is $64,990 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 $14,473 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 $14,473.

Nearby Listings

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No current listings found in Grimsby.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$959,303

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
Park Public
Public217 Main Street East, Grimsby Beach, Grimsby, Ontario, L3M 1P5
9.8

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.