$824,900
Grimsby
381 Kerman Avenue, Grimsby (Grimsby Beach), Ontario, L3M5C4
This 3-bedroom, 3-bathroom home in Grimsby is for sale offering roughly 2,250 sq ft of space. Its $824,900 asking price sits right in line with the $799,998 median in Grimsby. It has been on the market 51 days, fresher than the Grimsby average of 57 days.
Some homes are about what they are today. Others are about what they could become. Welcome to 381 Kerman Avenue, a spacious executive home in an established Grimsby neighbourhood, just a short walk from Lake Ontario, close to two elementary schools and conveniently located near highway access. Construction began in 1988, and the original owners moved in in 1989, raising their family here and carefully maintaining the home for more than 35 years. While the finishes reflect the era in which it was built, the size, layout and potential are difficult to replicate in today's market. the moment you step inside, the generous proportions are evident. A large foyer with curved staircase opens to spacious living and dining rooms, offering a traditional layout that could easily evolve with today's lifestyle, including the option for a home office or additional sitting area. The large eat-in kitchen provides plenty of room to reimagine the heart of the home and features a walkout to the backyard deck. Just beyond is the sunken family room with a wood-burning fireplace, creating a warm and inviting gathering space.Upstairs are three generously sized bedrooms, including an impressive primary suite with a walk-in closet, large ensuite and private balcony. There is also builder-designed space above the garage offering future potential for a fourth bedroom, office, studio or additional living space. The full unfinished basement, complete with a bathroom rough-in, provides even more opportunity to create exactly what your family needs.Set on a premium corner lot with nearly 80 feet of frontage, with an attached double garage and mature landscaping, this is a home with the space and foundation to become something truly special. For buyers who can see beyond cosmetic updates, 381 Kerman Avenue offers the opportunity to modernize a substantial, well-cared-for family home in a desirable Grimsby location and create a property that would be incredibly difficult to reproduce today. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 51 days on market, against an average age of 57 days across the listings currently for sale in this city
This 3-bed single family in Grimsby (Grimsby Beach) has been listed for 51 days, which is 6 days fresher than the city average of 57. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $824,900, about 7.9× the local median household income of $104,000.
Carrying it typically needs a household income of about $161,132 (20% down, 25-yr amortization, stress-tested) — roughly 55% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3M)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.