419 Elizabeth Street, Grimsby, ON

$719,900
MLS#:X12073972
4 beds
2 baths
700-1100 sqft
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on April 14, 2025. 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 540 - Grimsby Beach. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $719,900 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.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 58.8 x 123.52 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: In-Law Suite, In-Law Capability, Guest Accommodations
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Dreaming of a lakeside lifestyle? Look no further! This charming bungalow, nestled in Grimsby's desirable Beach community, offers the perfect blend of tranquility and convenience. Surrounded by lush mature trees, welcoming neighbors, and just minutes from a vibrant downtown, this home promises a peaceful retreat with everything you need within reach. Meticulously cared for, this home boasts numerous upgrades, including updated windows, a renovated bathroom, and high quality shingles. The fully finished basement is a standout feature, offering endless possibilities with its spacious layout. Completed in 2017, the basement is equipped with spray foam insulation, new electrical, laminate flooring, a modern 3-piece bathroom, and oversized egress windows making it ideal for an in-law suite or a teen retreat. This is more than just a home; its an opportunity to embrace a lifestyle surrounded by natural beauty and community spirit. Don't miss out on this incredible opportunity!

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Property Summary

This detached home located at 419 Elizabeth Street, Grimsby is currently for sale and has been available on SousaSells for 463 days. This property is listed at $719,900 with an estimated mortgage of $2,396* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 419 Elizabeth 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
4
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 14, 2025
Sold price information is available to members only
Listed Date4/10/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFinished, Full
Lot Size58.8 × 123.52 Feet
CountyNiagara
Annual Tax$4,081
Legal DescriptionLT 66 PL 491 ; GRIMSBY

Parking & Garage

Parking Total3.0
Parking Space3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

In-Law Suite, In-Law Capability, Guest Accommodations, Primary Bedroom - Main Floor

Security Features

Community Features

Location

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419 Elizabeth 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 419 Elizabeth Street, Grimsby, ON L3M 3K9

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$215,970 (30.0%)
* Minimum Canadian down payment required for this price is $46,990.
Amortization Period30 Years
Estimated Monthly Payment$2,396Based on a loan of $503,930 over 30 years.
Purchase Price$719,900
Loan Amount$503,930
Provincial Land Transfer Tax:$10,873
Total Estimated Closing Taxes:$10,873

About Purchasing a Home in Grimsby, ON

For a property listed at $719,900 in Grimsby, the legal minimum down payment is $46,990 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 $10,873 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 $10,873.

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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.