380 Lake Street, Grimsby, ON

$699,000
MLS#:X9035289
3 beds
3 baths
1500-2000 sqft
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on July 30, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of 540 - Grimsby Beach. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $699,000 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 31.99 x 94.45 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Charming Condo in Grimsby with Easy Highway Access Welcome to 380 Lake Street #16, a stunning townhome situated in the highly sought after Grimsby Beach area. This beautiful home offers a perfect blend of comfort, convenience, and modern living. Prime Location: Located in a highly desirable area of Grimsby, this condo provides easy access to the highway, making your commute a breeze. Enjoy an open-concept living space with high-quality finishes, contemporary fixtures, and ample natural light. The generous living room is perfect for entertaining guests or relaxing with family. Kitchen featuring stainless steel appliances, and plenty of cabinet space. The bedrooms are well-sized and offer plenty of closet space, ensuring a peaceful and clutter-free environment. A private deck and yard to offers a serene spot to enjoy your morning coffee or unwind after a long day. Nearby Attractions: Close to the lake, shops, restaurants, parks, and schools, this location offers everything you need within reach. Don't miss this opportunity to own a beautiful condo in a fantastic location. Schedule a viewing and see all that this wonderful home has to offer! Make 380 Lake Street #16 your new home and experience the best of Grimsby living.

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Property Summary

This townhouse located at 380 Lake Street, Grimsby is currently for sale and has been available on SousaSells for 737 days. This property is listed at $699,000 with an estimated mortgage of $2,327* per month. It has 3 beds, 3 bathrooms, and is 1500-2000 square feet. 380 Lake Street, Grimsby is in the 540 - Grimsby Beach neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 30, 2024
Sold price information is available to members only
Listed Date7/11/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style2-Storey
ConstructionBrick
BasementFull, Unfinished
Lot Size31.99 × 94.45 Feet
CountyNiagara
Annual Tax$4,845.14
Legal DescriptionPT BLK 4 PL 30M411 PT 16, 30R14144; S/T EASEMENT AS IN NR331424; S/T EASEMENT IN GROSS AS IN NR331510; S/T EASEMENT IN GROSS AS IN NR331511; S/T EASEMENT AS IN NR331512 TOGETHER WITH AN UNDIVIDED COMMON INTEREST IN NIAGARA NORTH COMMON ELEMENTS CONDOMINIUM CORPORATION NO. 234 SUBJECT TO AN EASEMENT FOR ENTRY UNTIL 2019/09/12 AS IN NR362863 TOWN OF GRIMSBY

Parking & Garage

Parking Total3.0
Parking Space2
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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380 Lake Street, 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 380 Lake Street 16, Grimsby, ON L3M 0E8

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.

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Interest Rate4.00%
Down Payment$209,700 (30.0%)
* Minimum Canadian down payment required for this price is $44,900.
Amortization Period30 Years
Estimated Monthly Payment$2,327Based on a loan of $489,300 over 30 years.
Purchase Price$699,000
Loan Amount$489,300
Provincial Land Transfer Tax:$10,455
Total Estimated Closing Taxes:$10,455

About Purchasing a Home in Grimsby, ON

For a property listed at $699,000 in Grimsby, the legal minimum down payment is $44,900 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 $10,455 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 $10,455.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 540 - Grimsby Beach, Grimsby.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$762,292

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

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

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.