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$619,900
Grimsby
15 Adelaide Street, Grimsby (Grimsby West), Ontario, L3M1X2
This multi-family property in Grimsby is for sale offering roughly 2,250 sq ft of space. It has been on the market 27 days, fresher than the Grimsby average of 60 days.
Welcome home to 15 Adelaide Street Grimsby. This property is a unique opportunity in the heart of downtown Grimsby. Discover the possibilities of this charming two-storey home / legal nonconforming duplex in the vibrant core of downtown Grimsby. Whether you're a first-time homebuyer, a young couple looking to offset mortgage costs, or an investor seeking a solid income property, this well-maintained home has flexibility, character and excellent potential. This home features two separate self contained units or open it up as a two storey home. Live in one unit and rent the other and make homeownership work for you . Lower level is spacious and inviting, featuring three bedrooms, a welcoming living room, and an eat-in kitchen and 4-piece bath. The upper unit has a comfortable and functional layout with one bedroom, a bright living room, eat in kitchen and a 4 piece bath. As a bonus this property boasts a detached heated shop for all the mechanical toys. Don't miss out on this fantastic opportunity to own a versatile property in one of Grimsby's most eclectic downtown communities steps away from shops ,restaurants, parks, community amendments and enjoy the easy access to QEW. Some pictures are virtually staged. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 27 days on market, against an average age of 60 days across the listings currently for sale in this city
This 4-bed multi-family in Grimsby (Grimsby West) has been listed for 27 days, which is 33 days fresher than the city average of 60. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $619,900, about 6.0× the local median household income of $104,000.
Carrying it typically needs a household income of about $121,088 (20% down, 25-yr amortization, stress-tested) — roughly 16% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3M)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.