A rare opportunity to build in the heart of Old Town Grimsby! Dorchester Estates originally offered just 14 individual detached custom home lots, and with only 8 now remaining, the opportunity to become part of this exclusive enclave is becoming increasingly limited. Set within an established community of distinctive, upscale residences, these remaining lots are available for permit application and offer an. exceptional opportunity for builders, investors and homebuyers looking to create a custom residence in one of Grimsby's most desirable settings. Nestled between the Niagara Escarpment and the shores of Lake, Ontario, Dorchester Estates combines the character and charm of Old Town Grimsby with the privacy and tranquility of a quiet court location. Generously sized lots provide the flexibility to design a home that reflects your individual style, whether contemporary, traditional or something entirely your own. Enjoy a peaceful residential setting while remaining just minutes from downtown Grimsby, shopping, restaurants, schools, parks, recreation, West Lincoln Memorial Hospital and convenient QEW access. With, only 8 of the original 14 lots remaining, and quality building lots in established Grimsby neighbourhoods becoming increasingly difficult to find, Dorchester Estates represents a unique opportunity to secure your place in a sought-after community and bring your custom home vision to life. (id:66096)
Property Details
MLS®
40862302
Property Type
Vacant Land
Zoning
RD4.45
Frontage
43 ft
Basement
None
Ownership
Freehold
Property Tax
$1/yr
Listed
55 days ago
Features
Lot Features
Cul-de-sac
Services
Water
Municipal water
Sewer
Municipal sewage system
Utilities
Water, Natural Gas, Electricity, Cable, Telephone
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
55d
Grimsby listings, avg age
57d
List price
$499K
Long Listed: 55 days on market, against an average age of 57 days across the listings currently for sale in this city
Market timing · days on market0 → 57d avg age of current listings
Long Listed · day 55
Haho
This vacant land in Grimsby has been listed for 55 days, which is 2 days fresher than the city average of 57. Act while there is still low competition.
Listed by RE/MAX Escarpment Realty Inc. · Nicholas Kazan
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (L3M)
This home lists at $498,900, about 4.8× the local median household income of $104,000.
Carrying it typically needs a household income of about $97,453 (20% down, 25-yr amortization, stress-tested) — within reach of 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)
$498,900
For sale
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