8 LAKELAWN Road, Grimsby, ON

$800,000
MLS#:X10845385
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Property no longer active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 January 16, 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 540 - Grimsby Beach. Expertly crafted featuring premium stone and vinyl siding construction, this residence presents an exceptional opportunity offered at $800,000 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 21.49 x 81.7 ft lot
  • Features a full, unfinished 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: Carpet Free, Rough-In Bath
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

BEAUTIFUL LAKE VIEWS! Welcome to your lakeside haven in the highly sought-after Grimsby-on-the-Lake community! This 1614sqft executive 3-bed, 2.5-bath townhome offers year round views of Lake Ontario with a serene meadow backdrop that enhances its peaceful ambiance. Enjoy waterfront living while being steps from trails, parks, shops, restaurants, & all urban amenities. Bright, open-concept main floor features 9-ft ceilings, spacious living/dining areas with large windows facing the lake, eat-in kitchen w/ ample storage, stainless steel appliances, espresso, shaker cabinets, and walk-out to a private deck where you can sip coffee & watch sunrises over the lake or stroll the scenic waterfront. 2nd floor features 3 generous sized bedrooms including a primary bedroom oasis with French doors, an oversized walk-in closet, private ensuite with soaker tub and corner shower, walk-out to private balcony, and stunning water views to wake up to every morning. Second bedroom offers views of the mountain/escarpment with spectacular fall colours. 2nd floor laundry for ultimate convenience. Full, unspoiled basement. Prime location: Steps to waterfront trails, shops, beach, off-leash dog park & conservation park. Easy, convenient access to QEW, GO station, Costco, grocery, shopping, restaurants, great schools & parks all at your fingertips. This home offers a lifestyle of comfort, convenience, and natural beauty. Freehold with condo road at $105/month.

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Property Summary

This townhouse located at 8 LAKELAWN Road, Grimsby is currently for sale and has been available on SousaSells for 601 days. This property is listed at $800,000 with an estimated mortgage of $2,663* per month. It has 3 beds, 3 bathrooms, and is 1500-2000 square feet. 8 LAKELAWN Road, 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

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

Additional Details

StatusSold
Sold DateJanuary 16, 2025
Sold price information is available to members only
Listed Date11/23/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style2-Storey
ConstructionStone, Vinyl Siding
BasementFull, Unfinished
Lot Size21.49 × 81.7 Feet
CountyNiagara
Annual Tax$4,909.9
Legal Description30M-412 PART 18, PART 27

Parking & Garage

Parking Total2.0
Parking Space1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Waterfront

Interior Features

Carpet Free, Rough-In Bath

Security Features

Community Features

Location

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8 LAKELAWN Road, 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 8 LAKELAWN Road 18, Grimsby, ON L3M 0G1

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$240,000 (30.0%)
* Minimum Canadian down payment required for this price is $55,000.
Amortization Period30 Years
Estimated Monthly Payment$2,663Based on a loan of $560,000 over 30 years.
Purchase Price$800,000
Loan Amount$560,000
Provincial Land Transfer Tax:$12,475
Total Estimated Closing Taxes:$12,475

About Purchasing a Home in Grimsby, ON

For a property listed at $800,000 in Grimsby, the legal minimum down payment is $55,000 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 $12,475 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 $12,475.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 540 - Grimsby Beach, Grimsby.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$762,292

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

Our Lady of Fatima
Public69 Olive Street, Grimsby, Ontario, L3M 2C3
7.2
Central
Public5 Boulton Avenue, Grimsby, Ontario, L3M 1H6
8.1
Lakeview
Public33 Olive Street, Grimsby, Ontario, L3M 2B9
7.3
Smith
Public18, Grimsby-on-the-Lake, Grimsby, Ontario
9.1
Nelles
PublicGrimsby, Ontario, L3M 1H3
9.4

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.