292 Main Street, Grimsby, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of 541 - Grimsby West. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $550,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 59.28 x 154.23 ft lot size
Description
Offered for the first time, this exceptional newly severed building lot presents a rare opportunity to create your dream home in one of Grimsby's most sought-after locations. Situated on prestigious Main Street West at the base of the Niagara Escarpment, this generous 59 x 154 ft lot offers stunning escarpment views and endless possibilities for a custom-built residence. All municipal services are conveniently available at the lot line, making this an ideal canvas for your vision. Surrounded by a beautiful blend of distinguished century estate homes and newly constructed luxury custom residences, this established neighbourhood perfectly combines timeless character with modern elegance. Enjoy the convenience of in-town living with schools, parks, boutique shopping, restaurants, wineries, and quick highway access all just minutes away, while being immersed in the natural beauty of the Niagara Escarpment. Whether you're a homeowner looking to build your forever home or a builder seeking a premium location, this is a truly unique opportunity in the heart of Grimsby. Bring your vision to life and build the custom home you've always imagined in one of Niagara's most desirable communities.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 292 Main Street W A, Grimsby, ON L3M 1S4
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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 $550,000 in Grimsby, the legal minimum down payment is $30,000 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 $7,475 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 $7,475.
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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.