381 Kerman Avenue, Grimsby, ON

$949,900
MLS#:X13521298
3 beds
3 baths
2000-2500 sqft
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 540 - Grimsby Beach. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $949,900 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 2000-2500 sqft on a premium 79.32 x 100 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Rare opportunity in one of Grimsby's most sought-after lakeside neighbourhoods! Set on an exceptional premium corner lot with nearly 80 feetof frontage, this spacious 2-storey home offers over 2,400 sq. ft. of well-designed living space and endless potential to make it your own. Theshores of Lake Ontario are just a short stroll away, offering the perfect setting for peaceful walks and beautiful sunsets. Inside, the grand curvedstaircase creates an impressive first impression, while the thoughtfully designed main floor features a formal living room, separate dining room,spacious family room with a cozy wood-burning fireplace, main floor laundry, and an eat-in kitchen overlooking the backyard. Upstairs, you'll findthree generous bedrooms, including a large primary suite complete with a private balcony, walk-in closet and ensuite bath. An exciting bonus isthe builder-designed space above the garage, offering excellent potential to create a fourth bedroom, home office, studio or additional familyliving space. The full unfinished basement provides over 1,200 sq. ft. of additional space, ready for your finishing touches. An attached doublegarage, double-wide driveway, mature landscaping and flexible possession complete the package. Solidly built and meticulously maintained, thishome offers the perfect opportunity for buyers looking to personalize a property in an established neighbourhood where homes rarely becomeavailable. With its premium lot, lake views, spacious layout and future expansion potential, 381 Kerman Avenue offers the perfect blend of space,location and endless possibilities.

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/3/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementFull, Unfinished
Lot Size79.32 × 100 Feet
CountyNiagara
Annual Tax$6,572
Legal DescriptionPCL 1-1 SEC 30M158; LT 1 PL 30M158 S/T LT75548 ; S/T LT72890 GRIMSBY

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Lake/Pond, Park

Interior Features

None

Security Features

Community Features

Location

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381 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 381 Kerman Avenue, Grimsby, ON L3M 5C4

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.

Market Trend
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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 Rate5.25%
Down Payment$69,990 (7.4%)
* Minimum Canadian down payment required for this price is $69,990.
Amortization Period25 Years
Estimated Monthly Payment$5,244Based on a loan of $879,910 over 25 years.
Purchase Price$949,900
Loan Amount$879,910
Provincial Land Transfer Tax:$15,473
Total Estimated Closing Taxes:$15,473

About Purchasing a Home in Grimsby, ON

For a property listed at $949,900 in Grimsby, the legal minimum down payment is $69,990 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 $15,473 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 $15,473.

Nearby Listings

Distance:

No current listings found in Grimsby.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$966,362

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
Park Public
Public217 Main Street East, Grimsby Beach, Grimsby, Ontario, L3M 1P5
9.8

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.