55 Kerman Avenue, Unit 44, Grimsby, ON
Property no longer active
This property was sold on June 29, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of 541 - Grimsby West. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $564,900 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 1200-1399 sqft
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to Grimsby's Cherrylane Estates, a quiet development located minutes away from Downtown shopping & restaurants, schools & recreation facilities. This lovely end unit townhome is spacious and bright. The eat-in kitchen is roomy with an abundance of counter space & a pantry. Updated laminate flooring runs through the main and second levels. Enjoy cozy evenings by the fireplace in the sunny living room. Upstairs, the primary bedroom is large with full wall closets and ensuite privilege to the 4 piece bathroom. The two spare bedrooms are generous and also have large closets. The lower level has been finished with a family room, three piece bathroom with laundry and huge storage/utility room. Walkout from the living room to your deck & interlock patio. The fenced backyard has a low maintenance garden. An exclusive parking spot is just steps from the front door. Windows are new, replaced in 2025. A wonderful opportunity for first time homeowners or someone wanting to downsize!
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Property Summary
This townhouse located at 55 Kerman Avenue, Grimsby is currently for sale and has been available on SousaSells for 421 days. This property is listed at $564,900 with an estimated mortgage of $1,880* per month. It has 3 beds, 3 bathrooms, and is 1200-1399 square feet. 55 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
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Features
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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 55 Kerman Avenue 44, Grimsby, ON L3M 5G2
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 $564,900 in Grimsby, the legal minimum down payment is $31,490 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 $7,773 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 $7,773.
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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.