Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 542 - Grimsby East. Expertly crafted featuring premium brick and shingle construction, this residence presents an exceptional opportunity offered at $15,800,000 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.
Rare Offered Opportunity to Purchase Such An Amazing Paradise Home W/Such A Massive Premium Urban Residential Development Land. This Site Surrounded W/Ravine Has Been Approved For Building 5 Blocks of 4-Storey 112 Urban Stacked Townhouse Units and 168 Parking Spaces, Which Proves to Be the Best Value With Most Sought-After Home Types Thanks to Good Affordability and Government Incentives Including CMHC Programs Due to Soaring Demand Over Supply Shortage Particularly Along Lake-QEW-Escarpment Premium Corridor. This Development-Ready Site Enjoys Highly Sought After Premiums Namely Forever Escarpment View and Everlasting Forest, Adjacent Ravine, Massive Woods and Greenery, and Breathtaking Tranquility. The Site Is Close to All Amenities Including Parks, Beaches, Trails, Public Transit, Shopping, Restaurants, and Newly Built Schools and Hospital. This Site Has An Easy Access to Hwy QEW With Quick Rides to GTA and Niagara Falls. Location Wise, Grimsby Is Just Like Crown Jewel Shining Right Between Lake Ontario and Niagara Escarpment Which Enjoys Both Water and Mountain-Like Views. With New GO Train Station Coming, Grimsby Can Only Be Better and Brighter. A True Golden Location. Action Now.
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Cul de Sac/Dead End, Greenbelt/Conservation, Hospital, Golf, Place Of Worship, Park
Built-In Oven, In-Law Suite, Storage
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 37 Bartlett Avenue, Grimsby, ON L3M 5G6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Grimsby.
About Purchasing a Home in Grimsby, ON
For a property listed at $15,800,000 in Grimsby, the legal minimum down payment is $3,160,000 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 $381,475 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 $381,475.
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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.