136 OLIVE Street, Grimsby - Vacant Land for Sale

136 OLIVE Street, Grimsby, Ontario, L3M5C8

Overview

This lot in Grimsby is for sale.

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Description

Rare chance to purchase premium lakefront land on Lake Ontario. This exceptional location offers sweeping views stretching from Burlington to the Toronto skyline, complete with full riparian rights. Imagine crafting your dream home on the lakeshore, with ample space for a nearly 5,000 sq ft residence. Surrounded by upscale homes, this property is situated in close proximity to wine country. Embracing stunning sunrises and sunsets, this lot is perfectly positioned with a good wide building area and plenty of depth for endless possibilities. Conveniently situated near major highways for easy access to the USA or Toronto, the site also features full municipal services including water, sewer, telephone, cable, and electricity at the property line. Envision sitting on your own custom patio enjoying the view of the unobstructed and expansive waterfront in the privacy of a beautiful home . With its proximity to the QEW and all amenities, seize this unique opportunity today! (id:66096)

Property Details

MLS®: 40844852
Property Type: Vacant Land
Zoning: R1
Frontage: 57 ft
Basement: None
Waterfront: Yes
Ownership: Freehold
Property Tax: $6,510/yr
Listed: 118 days ago

Services

Water: Municipal water
Sewer: Municipal sewage system
Utilities: Natural Gas, Telephone

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

118d

Grimsby listings, avg age

58d

List price

$999K

Haho

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Listed by Real Broker Ontario Ltd. · Scott Benson

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3M)

This home lists at $999,000, about 9.6× the local median household income of $104,000.

Carrying it typically needs a household income of about $195,140 (20% down, 25-yr amortization, stress-tested) — roughly 88% above the area median.

Median household income: $104,000
Population: 28,433
Median age: 44.8
Owner / renter: 83% / 17%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA L3M)

$999,000

For sale

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Financing

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