24 Margaret Avenue, Grimsby, ON
Property no longer active
This property was sold on December 9, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Backsplit 4 detached located in the coveted neighborhood of 540 - Grimsby Beach. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $675,000 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 61 x 100 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
One owner, four-level backsplit with 3+1 Bedrooms, 2 bath. A block from Lake Ontario, Nelles Beach Park and Marina. Quick access to QEW and Go service. Easy access to shopping outlets, restaurants, and wineries. 35 minutes from Canada-USA border. Separate Entrance from the private rear yard for in-law suite potential. Two-piece bath with side-by-side laundry could easily be converted to full bath. Toilet rough-in beside the furnace. Lowest level has a bedroom, rec room, and storage area. Pine kitchen cabinets easily freshened with paint and new hardware. Hot water heater is owned. Central vac. Windows look like they are in great shape with many new ones installed. Next to storm management collection stream for a natural buffer from neighbour. Quiet, family-friendly street.
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Property Summary
This detached home located at 24 Margaret Avenue, Grimsby is currently for sale and has been available on SousaSells for 604 days. This property is listed at $675,000 with an estimated mortgage of $2,247* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 24 Margaret Avenue, 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
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Property Features
Beach, Hospital, Lake Access, Lake/Pond, Marina, Park
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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 Margaret Avenue, Grimsby, ON L3M 4S1
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 $675,000 in Grimsby, the legal minimum down payment is $42,500 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 $9,975 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 $9,975.
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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.