5 Lorne Avenue, Grimsby, ON
Property no longer active
This property was sold on October 30, 2024. 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 and vinyl siding construction, this residence presents an exceptional opportunity offered at $899,900 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 55 x 111 ft lot
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Central Vacuum
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Nestled in a desirable lakeside community, this beautifully maintained 4 bedroom home is a true gem. Surrounded by stunning gardens, the property features a serene pondless water feature, outdoor ambient lighting and a covered gazebo, perfect for relaxing or entertaining. The incredible sunroom addition at the back of the house is a highlight, providing a bright and inviting space to enjoy the views year-round. Inside, you'll find three cozy fireplaces that add warmth and character to the home. The updated kitchen is thoughtfully designed with ample storage, quartz counters and modern finishes, making it a delight for both cooking and entertaining. The finished basement offers additional living space with a convenient side entrance. It includes a second three-piece bathroom and an extra bedroom, making it perfect for guests, inlaws, or as a private retreat. This home also features a durable metal roof with a transferrable warranty, ensuring peace of mind for years to come. Two sheds provide ample outdoor storage, ideal for gardening tools, seasonal items, or hobby equipment. Don't miss your opportunity to own this charming home in one of Grimsbys most sought-after neighbourhoods!
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Property Summary
This detached home located at 5 Lorne Avenue, Grimsby is currently for sale and has been available on SousaSells for 638 days. This property is listed at $899,900 with an estimated mortgage of $2,995* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 5 Lorne Avenue, 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
Lake/Pond, Library, Marina, Park, School
Interior Features
Central Vacuum
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 5 Lorne Avenue, Grimsby, ON L3M 2H3
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 $899,900 in Grimsby, the legal minimum down payment is $64,990 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 $14,473 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 $14,473.
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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.