40 Esplanade Lane, Grimsby, ON
Property Highlights
Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of 540 - Grimsby Beach. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $699,900 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 1000-1199 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to Unit 406 at beautiful Lake House condo in the heart of Grimsby-On-The-Lake, offering the perfect blend of modern living and waterfront lifestyle. This bright, open-concept suite features a stylish kitchen with quartz countertops, sleek cabinetry, stainless steel appliances, and a large island with seating, seamlessly flowing into the living and dining areas. Expansive windows fill the space with natural light and views of the lake and vibrant community. Sit back and relax on your choice of 2 stunning covered balconies, one facing south, one facing east. The unit offers well-sized bedrooms, including a primary retreat with ample closet space, along with a modern 3-piece bath. Thoughtfully designed with neutral finishes and quality flooring throughout, this home is truly move-in ready. Residents enjoy access to impressive building amenities including a pool, party room, fitness area, and outdoor spaces. Just steps to Lake Ontario, waterfront trails, parks, cafés, restaurants, and all amenities, with easy access to the QEW-this is low-maintenance lakeside living at its best.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 40 Esplanade Lane 406, Grimsby, ON L3M 0G9
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Grimsby, ON
For a property listed at $699,900 in Grimsby, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.
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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.