5 CHERRYHILL Drive, Grimsby, ON
Property no longer active
This property was sold on February 20, 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 542 - Grimsby East. Expertly crafted featuring premium stucco (plaster) and stone construction, this residence presents an exceptional opportunity offered at $1,129,900 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
- Generous living space spanning 1500-2000 sqft on a premium 75 x 150 ft lot
- Features a separate entrance, finished 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: Sauna, Central Vacuum, Other
- equipped with central air central cooling and highly efficient radiant heating via gas
Description
Welcome to your dream home! This sprawling Arts and Crafts style ranch bungalow is a true gem, nestled in the heart of Grimsby. With 3+1 bedrooms and a beautifully renovated main floor, this home is perfect for families and entertainers alike. Enjoy the generous space of the main floor family room, featuring soaring cathedral ceilings, hardwood floors and a gas fireplace, with a full window wall for an abundance of natural light! The heart of this home boasts custom kitchen cabinetry, complete with high-end thoughtful upgrades such as a built-in spice rack, lift-up stand mixer shelf, and hideaway tall storage under the hood vent! Brand new high end modern appliances include a triple wide Kutch Professional stove and a convertible 'Cafe' fridge/freezer! You can watch the chef cook from the integrated breakfast bar - perfect for the culinary enthusiast! The newly painted finished basement includes an extra bedroom, full bathroom, spacious recreation room, sauna, walk-in pantry, and a hidden crawlspace. Separate entry through the garage to the basement, and a rough-in egress sized window opening, offer future income potential. Step outside to your private oasis! The beautifully landscaped yard features a serene pond and vibrant perennials, creating a picturesque setting for outdoor weddings, family events, or tranquil evenings. You'll find ample parking and storage with the convenient double car garage and 4 car interlocking brick driveway. Located in the popular town of Grimsby, this home offers the perfect blend of tranquility and accessibility. Close to transit, Lake Ontario, and commuter routes, its an ideal spot for those looking to enjoy a peaceful lifestyle without sacrificing convenience. Don't miss your chance to own this exceptional property that combines elegance, comfort, and an entertainers dream backyard. This is truly home!
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Property Summary
This detached home located at 5 CHERRYHILL Drive, Grimsby is currently for sale and has been available on SousaSells for 612 days. This property is listed at $1,129,900 with an estimated mortgage of $3,761* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 5 CHERRYHILL Drive, Grimsby is in the 542 - Grimsby East neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Interior Features
Sauna, Central Vacuum, Other
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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 5 CHERRYHILL Drive, Grimsby, ON L3M 3B3
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 $1,129,900 in Grimsby, the legal minimum down payment is $225,980 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 $19,073 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 $19,073.
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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.