This property was sold on November 1, 2024. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Backsplit 3 detached located in the coveted neighborhood of 541 - Grimsby West. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $874,900 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.
Welcome to 8 Woodcrest Drive, Grimsby a beautifully updated and thoughtfully designed home, perfect for multi-generational living or savvy homeowners seeking mortgage relief. This versatile property features three self-contained units, each offering privacy, comfort, and modern amenities. Whether you're looking to accommodate extended family or generate rental income, this home provides the flexibility and layout to suit your needs. With stylish updates throughout, ample living space, and a prime location in a family-friendly neighborhood, 8 Woodcrest Drive is an excellent investment and a wonderful place to call home!
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This detached home located at 8 Woodcrest Drive, Grimsby is currently for sale and has been available on SousaSells for 641 days. This property is listed at $874,900 with an estimated mortgage of $2,912* per month. It has 5 beds, 3 bathrooms, and is unknown square feet. 8 Woodcrest Drive, Grimsby is in the 541 - Grimsby West neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.None
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 8 Woodcrest Drive, Grimsby, ON L3M 1C4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Grimsby.
About Purchasing a Home in Grimsby, ON
For a property listed at $874,900 in Grimsby, the legal minimum down payment is $62,490 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 $13,973 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 $13,973.
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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.