$659,900

For saleJust listed

52 PALMER Road, Grimsby - Single Family for Sale

52 PALMER Road, Grimsby, Ontario, L3M5L4

3 beds2 baths2 parking2,121 ft²Listed 7 days ago

Overview

This 3-bedroom, 2-bathroom home in Grimsby is for sale offering roughly 2,121 sq ft of space. Listed at $659,900, it is attractively priced about 22% below the $849,900 median asking price in Grimsby. It has been on the market 7 days, fresher than the Grimsby average of 58 days.

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Description

Your chance to call this desirable Grimsby neighbourhood home! Just minutes from the lake and marina, this detached bungalow offers two spacious main-floor bedrooms, a full bathroom, generous kitchen, gas fireplace, convenient main-floor laundry, and inside entry to the double-car garage. With no neighbours directly across the street, enjoy an open outlook toward a row of tall pines. The open-concept kitchen and dining area offers a walkout to the wooden deck and backyard. The finished basement offers a third bedroom, 3-piece bathroom, and large recreation room (with plenty of space for a fourth bedroom or home office). Nearby parks, easy highway access, and the future Casablanca GO Station add to the appeal. Don't miss this opportunity to own in a highly sought-after Grimsby location! (id:66096)

Property Details

MLS®: 40871135
Property Type: Single Family
Zoning: R3
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 2
Interior Size: 2,121 ft²
Frontage: 69 ft
Year Built: 1998
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage
Fireplace: Yes
Ownership

Rooms

Basement

Utility room: 18'2'' x 14'10''
3pc Bathroom: 8' x 5'5''
Bedroom: 11'11'' x 18'2''
Recreation room: 28'5'' x 23'2''

Main level

3pc Bathroom: 10'7'' x 8'8''
Bedroom: 14'1'' x 10'9''
Primary Bedroom: 16'11'' x 11'2''
Kitchen: 11'10'' x 11'6''
Dining room: 11'10'' x 9'2''
Living room: 13'8'' x 17'7''

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings, Garage door opener
Exterior: Brick, Aluminum siding, Vinyl siding, Metal

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Grimsby listings, avg age

58d

Price / ft²

$311

List price

$660K

Haho

This 3-bed single family in Grimsby has been listed for 7 days, which is 51 days fresher than the city average of 58. Act while there is still low competition.

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Listed by Royal LePage NRC Realty Inc. · Kelly-Anne Wilson

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3M)

This home lists at $659,900, about 6.3× the local median household income of $104,000.

Carrying it typically needs a household income of about $128,902 (20% down, 25-yr amortization, stress-tested) — roughly 24% 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)

$659,900· $311/ft²

For sale

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Full Cost Breakdown

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Down Payment6.21% · $40,990.00

Min 6.21%50%

Mortgage payment$3,431/mo

↳ CMHC premium ($24,756 capitalized)

Property tax (est.)$418/mo

Total monthly$3,850

Cash Needed to Close

Down payment (6.21%)$40,990

Land transfer tax$9,673

Est. closing costs$4,480

Total cash needed$55,143

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