331 Russ Road, Grimsby, ON
Property no longer active
This property was sold on April 3, 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 055 - Grimsby Escarpment. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $3,000,000 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 3 Bathrooms
- Generous living space spanning 3500-5000 sqft on a premium 3200 x 705 ft lot
- Features a partial basement, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 12.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Central Vacuum, Auto Garage Door Remote, On Demand Water Heater
- equipped with central air central cooling and highly efficient forced air heating via other
Description
RUSTIC LUXURY & SUSTAINABLE LIVING...52-acre AWARD-WINNING, ECO-FRIENDLY hobby farm combines rural charm w/modern sustainability. An extraordinary property at 331 Russ Rd in Grimsby offers lush cash crop farmland & serene, forested trails-an ideal blend of agricultural opportunity & natural tranquility. The property boasts a 10,000+ SF EQUESTRIAN ARENA, complete w/Lexan windows, stalls & tack room. This VERSATILE SPACE/ARENA provides endless possibilities. A recipient of the 2008 GREEN HOME AWARD, the home exemplifies SUSTAINABLE LIVING, featuring cutting-edge GEOTHERMAL heating, soy-based spray insulation, south-facing orientation designed for passive solar heating, Italian ceramic tiles, bamboo flooring & abundant natural light! Energy efficiency is maximized w/Hunter Douglas blinds, powered windows for cross-ventilation & long-lasting LED lighting. Lots of windows to enjoy property views + a 25 double-sided Ozark stone FP w/B-I PIZZA OVEN creating a cozy focal point. O/C gourmet kitchen featuring a large island - perfect for entertaining, abundant wood cabinetry, Artisan tile backsplash + W/I pantry & opening to dining area. Primary bedRm suite offers W/I closet, doors to private yard & 4-pc luxury ensuite. A BONUS room (office or bedRm) w/WALK-OUT to yard, laundry room, 2-pc bath & mud room completes main level. UPPER LEVEL includes spacious bedRms, a 4-pc bath & livRm w/WALK OUT to UPPER DECK w/powered awning. LOWER LEVEL offers space for home gym/hobby room. Inviting OUTDOOR LIVING ~ 20'x40' INGROUND POOL surrounded by English cobblestones & complemented by stylish gazebo. BONUS 30x30 2-car garage, durable metal roof & sustainable cedar siding, reflecting thoughtful design! OTHER FEATURES: hydrogen peroxide water treatment system, solar-assisted hot water & a wind turbine for backup power. Potential farm tax benefits. Local amenities, nearby, wineries & major routes. COUNTRY CHARM, MINUTES TO TOWN. CLICK on MULTIMEDIA for virtual tour, drone photos & more!
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Property Summary
This detached home located at 331 Russ Road, Grimsby is currently for sale and has been available on SousaSells for 605 days. This property is listed at $3,000,000 with an estimated mortgage of $9,986* per month. It has 4 beds, 3 bathrooms, and is 3500-5000 square feet. 331 Russ 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Place Of Worship, Rec./Commun.Centre, School, Wooded/Treed
Interior Features
Central Vacuum, Auto Garage Door Remote, On Demand Water Heater, Sump Pump, Water Heater Owned, Water Softener, Primary Bedroom - Main Floor
Security Features
Community 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 331 Russ Road, 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 $3,000,000 in Grimsby, the legal minimum down payment is $600,000 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 $61,475 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 $61,475.
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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.