40 Kerman Avenue, Grimsby, ON
Property no longer active
This property was sold on January 14, 2026. 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 vinyl siding construction, this residence presents an exceptional opportunity offered at $740,000 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 58.12 x 130.97 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Notable attributes: In-Law Capability, Sump Pump, Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this spacious bungalow tucked in one of Grimsby's most desirable neighbourhoods. Blending comfort, functionality, and a true sense of outdoor living, this home is designed for families, downsizers, or anyone looking for a space that adapts with them. At the front of the home, a bright family room with a large picture window creates the perfect spot to unwind and enjoy the tree-lined street. Toward the back, the open-concept living and dining area features pot lights and expansive windows that fill the space with natural light ,ideal for both everyday living and entertaining. The thoughtfully designed kitchen connects directly to the mudroom and garage for effortless convenience. Three spacious bedrooms complete the main floor, offering plenty of flexibility. Downstairs, the fully finished basement expands your living space with a generous recreation area, a fourth bedroom with walk-in closet, a three-piece bath, laundry, and rough-ins for a potential kitchen, giving you endless options to customize the space .Step outside and discover your private backyard retreat. With mature trees, a large deck, and plenty of room to garden or entertain, it's the perfect spot for summer barbecues, morning coffee, or simply unwinding in your own outdoor oasis.
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Property Summary
This detached home located at 40 Kerman Avenue, Grimsby is currently for sale and has been available on SousaSells for 253 days. This property is listed at $740,000 with an estimated mortgage of $2,463* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 40 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School
Interior Features
In-Law Capability, Sump Pump, Water Heater Owned
Security Features
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 Kerman Avenue, Grimsby, ON L3M 3W5
Based on 0 recent similar sales in the pocket.
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 $740,000 in Grimsby, the legal minimum down payment is $49,000 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 $11,275 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 $11,275.
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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.