342 Mountain Road, Grimsby, ON
Property Highlights
Welcome to this remarkable Sidesplit detached located in the coveted neighborhood of 055 - Grimsby Escarpment. Expertly crafted featuring premium brick and metal/steel siding construction, this residence presents an exceptional opportunity offered at $3,490,000 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.
- 5 Bedrooms and 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 567.53 x 661.66 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 9.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Exceptional opportunity at 342 Mountain Road in beautiful Grimsby. Situated in a prime Niagara location, this unique property features a fully operational approximately 125,000 sq. ft. greenhouse facility, offering incredible potential for agricultural operators, investors, or business owners looking to expand their growing operations. The property combines functional infrastructure with a desirable location surrounded by wineries, farmland, and easy highway access. A rare chance to acquire a large-scale greenhouse operation in one of Ontario's most sought-after agricultural communities. Endless potential for greenhouse cultivation, floriculture, produce growing, or future agri-business opportunities.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 342 Mountain Road, Grimsby, ON L3M 4E7
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About Purchasing a Home in Grimsby, ON
For a property listed at $3,490,000 in Grimsby, the legal minimum down payment is $698,000 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 $73,725 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 $73,725.
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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.