29 KEMP Road, Grimsby, ON
Property no longer active
This property was sold on June 16, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of 055 - Grimsby Escarpment. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,499,990 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.
- 0 Bedrooms and 0 Bathrooms
- Generous living space spanning < 700 sqft on a premium 805.85 x 1707.6 ft lot
- Notable attributes: None
Description
Rare Opportunity to acquire 32 Acres Prime Land. 6' Chain Link Fence borders complete lotline .Lots of future potential for development or expansion here. Build your Dream Home(Drawings Available). Surrounded by Luxury Estate Homes , Several Studies Completed, 4KM tothe QEW , Downtown Grimsby , Lake Ontario Waterfront , Local Attractions , Grocery Stores ,Arenas , Vineyards , Hiking Trails , Equestrians and more. Several New Developments underwayin Grimsby , GO train plans , West Lincoln Hospital Expansion , Waterfront Trails +++
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Property Summary
This vacant land located at 29 KEMP Road, Grimsby is currently for sale and has been available on SousaSells for 493 days. This property is listed at $2,499,990 with an estimated mortgage of $8,322* per month. It has 0 beds, 0 bathrooms, and is < 700 square feet. 29 KEMP Road, Grimsby is in the 055 - Grimsby Escarpment neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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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 29 KEMP Road E, Grimsby, ON L3M 4E7
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 $2,499,990 in Grimsby, the legal minimum down payment is $499,998 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 $48,975 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 $48,975.
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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.