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$1,199,000
Grimsby
165 East RIDGE Road East, Grimsby, Ontario, L3M4E7
This 3-bedroom, 2-bathroom home in Grimsby is for sale offering roughly 1,425 sq ft of space.
Imagine living in your dream home that you built, on the Niagara Escarpment Ridge, offering a stunning view of Grimsby and the Lake! This rare Escarpment building lot measures 110'x 863’, providing almost two acres of private, wooded land. The property boasts a private woodlot with trails and direct access to the Bruce Trail. Mature pines and conifers create a Carolinian forest, making it a perfect haven for nature enthusiasts. This property has great development potential with plenty of level land, ideal for building any style of home. There’s plenty of room for amenities like a pool, barn, walking trails and a play court. This fabulous location, just south of Grimsby, is close to local amenities and top school districts. Easy access to the QEW makes commuting to Oakville or the border a breeze. The existing house on the property is comfortable and well-appointed, featuring an updated gourmet kitchen, generous family and dining rooms with a fireplace, a primary bedroom with a semi-ensuite, a main floor office or den and a spacious basement with additional utility rooms. This great investment opportunity is offered at a reasonable price, providing an excellent chance: buy now, rent it out until you’re ready to build and enjoy the long-term value. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 147 days on market, against an average age of 58 days across the listings currently for sale in this city
This 3-bed single family in Grimsby is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,199,000, about 11.5× the local median household income of $104,000.
Carrying it typically needs a household income of about $234,207 (20% down, 25-yr amortization, stress-tested) — roughly 125% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3M)
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Loading rates, 30-yr amortization
Cash Needed to Close
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