40 Esplanade Lane, Grimsby, ON
Property no longer active
This property was sold on July 3, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 540 - Grimsby Beach. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $450,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 600-699 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 511 at 40 Esplanade Lane. This immaculate condo features 1 bedroom + den, 1 bathroom with 620 sqft of luxury living space. Fantastic location in the desirable Grimsby Beach Community with spectacular views of Lake Ontario and the Niagara Escarpment. Enjoy quality features throughout including tons of natural lighting, laminate flooring, pot lights, a generous-sized bedroom with two closets, and a spacious living room with access to the private balcony. Entertain in the bright open concept kitchen with stainless steel appliances, quartz countertops, tile backsplash, and sleek dark cabinetry with chrome hardware. The unit also offers in-suite laundry, a modern 4-piece bathroom with a shower/tub combo, and a large den that could be used as an additional bedroom or office space. The Condominiums offer exceptional amenities such as a modern lobby, fitness centre, party room, and outdoor pool. Incredible location in the heart of Grimsbys sought after waterfront community just steps away from local amenities, restaurants, yoga studio, waterfront walking trails and easy highway access to the QEW. This unit is a MUST see! Dont miss out on this opportunity, book a viewing today.
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Property Summary
This condo apartment located at 40 Esplanade Lane, Grimsby is currently for sale and has been available on SousaSells for 768 days. This property is listed at $450,000 with an estimated mortgage of $1,498* per month. It has 2 beds, 1 bathroom, and is 600-699 square feet. 40 Esplanade Lane, 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
None
Security Features
Security System
Community Features
Location
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 40 Esplanade Lane 511, Grimsby, ON L3M 0G9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Grimsby.
Configure Loan Settings
About Purchasing a Home in Grimsby, ON
For a property listed at $450,000 in Grimsby, the legal minimum down payment is $22,500 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 $5,475 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 $5,475.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for 540 - Grimsby Beach, Grimsby.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.