38 KERMAN Avenue, Grimsby, ON

$719,999
MLS#:X9867833
3 beds
1 baths
700-1100 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on December 10, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 541 - Grimsby West. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $719,999 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.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 58 x 130 ft lot
  • 6.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Unknown
  • equipped with central air central cooling and highly efficient forced air heating via unknown

Description

Welcome to this charming 3-bedroom, 1-bathroom bungalow in the heart of Grimsby! Situated on a beautiful, expansive lot, this home offers the best of one-floor living with no basement, providing easy accessibility and convenience. The standout feature is the oversized detached garage—a true mechanic’s dream. With ample space for tools, projects, and storage, it’s ideal for hobbyists and those needing extra room for their equipment. Enjoy the serene backyard, perfect for family gatherings and outdoor enjoyment. This bungalow blends comfort, functionality, and fantastic outdoor amenities. Don’t miss your chance to make this delightful property your new home!

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Property Summary

This detached home located at 38 KERMAN Avenue, Grimsby is currently for sale and has been available on SousaSells for 625 days. This property is listed at $719,999 with an estimated mortgage of $2,397* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 38 KERMAN Avenue, Grimsby is in the 541 - Grimsby West neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 10, 2024
Sold price information is available to members only
Listed Date10/30/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Vinyl Siding
BasementNone
Lot Size58 × 130 Feet
CountyNiagara
Annual Tax$4,148
Legal DescriptionPT LT 21-22 TP PL 109 NORTH GRIMSBY AS IN RO659655; GRIMSBY

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeDetached

Heating & Cooling

Heat SourceUnknown
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital

Interior Features

Unknown

Security Features

Community Features

Location

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38 KERMAN Avenue, Grimsby, ON
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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 38 KERMAN Avenue, Grimsby, ON L3M 3W5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Grimsby.

Configure Loan Settings

Interest Rate4.00%
Down Payment$216,000 (30.0%)
* Minimum Canadian down payment required for this price is $47,000.
Amortization Period30 Years
Estimated Monthly Payment$2,397Based on a loan of $503,999 over 30 years.
Purchase Price$719,999
Loan Amount$503,999
Provincial Land Transfer Tax:$10,875
Total Estimated Closing Taxes:$10,875

About Purchasing a Home in Grimsby, ON

For a property listed at $719,999 in Grimsby, the legal minimum down payment is $47,000 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 $10,875 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 $10,875.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 541 - Grimsby West, Grimsby.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$918,665

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Central
Public5 Boulton Avenue, Grimsby, Ontario, L3M 1H6
8.1
Our Lady of Fatima
Public69 Olive Street, Grimsby, Ontario, L3M 2C3
7.2
Lakeview
Public33 Olive Street, Grimsby, Ontario, L3M 2B9
7.3
Nelles
PublicGrimsby, Ontario, L3M 1H3
9.4
Smith
Public18, Grimsby-on-the-Lake, Grimsby, Ontario
9.1

Secondary Schools

Blessed Trinity
Public145 Livingston Avenue, Grimsby-on-the-Lake, Grimsby, Ontario, L3M 5J6
7.1

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.