7492 Mud Street, Grimsby, ON
Property no longer active
This property was sold on March 21, 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 055 - Grimsby Escarpment. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $624,900 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.
- 5 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 150 x 300 ft lot
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
1 acre lot with detached 3+2 bedroom bungalow and detached single car garage. Main floor features 1,027 square feet with 3 bedrooms, 4 piece bathroom and large eat in kitchen. Lower level with 2 additional bedrooms, 3 piece bathroom and rec room. Additional features; above ground pool with deck, drilled well, detached single car garage, LOCATION! Remodel and bring your personal touches to this country property with tons of potential!
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Property Summary
This detached home located at 7492 Mud Street, Grimsby is currently for sale and has been available on SousaSells for 499 days. This property is listed at $624,900 with an estimated mortgage of $2,080* per month. It has 5 beds, 2 bathrooms, and is 700-1100 square feet. 7492 Mud Street, Grimsby is in the 055 - Grimsby Escarpment neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Features
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Interior Features
Primary Bedroom - Main Floor
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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 7492 W Mud Street W, Grimsby, ON L0R 1M0
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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 $624,900 in Grimsby, the legal minimum down payment is $37,490 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 $8,973 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 $8,973.
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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.