48 Magnolia Crescent, Grimsby, ON

$724,900
MLS#:X12155288
3 beds
3 baths
1500-2000 sqft
2.0 parking
Residential Freehold
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Property no longer active

This property was sold on June 6, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of 541 - Grimsby West. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $724,900 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 1500-2000 sqft on a premium 34.38 x 169.58 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Nestled on a family-friendly street, this beautifully maintained home offers the perfect blend of comfort, style, and location. Step inside to discover a bright, open-concept main floor featuring spacious living and dining areas, ideal for entertaining or relaxing with family.The kitchen boasts modern finishes, ample cabinetry, and stainless steel appliances. The breakfast bar is perfect for chatting with the cook or casual dining. Walkout from the dining room to a private, fully fenced backyard - your own outdoor oasis perfect for summer BBQs and quiet evenings. Beautifully landscaped with a waterfall to a pond and large deck with a pergola. Fully fenced to keep pets and little ones safe. Upstairs, you'll find generously sized bedrooms, including a serene primary retreat with ample closet space and a 3 piece ensuite. A 4 piece bath serves the rest of the family.The finished lower level adds incredible versatility with a cozy rec room, utility room, and additional storage. With recent updates, tasteful décor, and pride of ownership throughout, this home is truly move-in ready. Located close to the Peach King Centre, schools, parks, shopping, and just minutes to the QEW - 48 Magnolia Crescent offers small-town charm with big-city convenience. Dont miss your chance to call this exceptional Grimsby property home!

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Property Summary

This townhouse located at 48 Magnolia Crescent, Grimsby is currently for sale and has been available on SousaSells for 429 days. This property is listed at $724,900 with an estimated mortgage of $2,413* per month. It has 3 beds, 3 bathrooms, and is 1500-2000 square feet. 48 Magnolia Crescent, 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

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 6, 2025
Sold price information is available to members only
Listed Date5/15/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style2-Storey
ConstructionBrick
BasementFinished, Full
Lot Size34.38 × 169.58 Feet
CountyNiagara
Annual Tax$4,904.49
Legal DescriptionPLAN 30M281 PT BLK 21 RP 30R10075 PARTS 1-3

Parking & Garage

Parking Total2.0
Parking Space1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

School, Rec./Commun.Centre, Place Of Worship, Park, Fenced Yard

Interior Features

Auto Garage Door Remote

Security Features

Community Features

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Location

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48 Magnolia Crescent, 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 48 Magnolia Crescent, Grimsby, ON L3M 5N1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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 Rate4.00%
Down Payment$217,470 (30.0%)
* Minimum Canadian down payment required for this price is $47,490.
Amortization Period30 Years
Estimated Monthly Payment$2,413Based on a loan of $507,430 over 30 years.
Purchase Price$724,900
Loan Amount$507,430
Provincial Land Transfer Tax:$10,973
Total Estimated Closing Taxes:$10,973

About Purchasing a Home in Grimsby, ON

For a property listed at $724,900 in Grimsby, the legal minimum down payment is $47,490 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 $10,973 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 $10,973.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 541 - Grimsby West, Grimsby.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$918,665

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
Smith
Public18, Grimsby-on-the-Lake, Grimsby, Ontario
9.1

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.