525 Main Street West, Grimsby (Grimsby West), Ontario, L3M1T6
No similar listings for sale right now.
$9,000,000
Grimsby
This lot in Grimsby is for sale. It has been on the market 15 days, fresher than the Grimsby average of 60 days.
Excellent opportunity to acquire a 12.5-acre commercial/industrial property in Grimsby, ideally situated just minutes from the QEW along the major Toronto-Niagara Falls-U.S. trade corridor.The property features an approximately 10,000 sq. ft. warehouse situated on an expansive 12.5-acre parcel, offering substantial outdoor space and flexibility for a variety of commercial, industrial, storage, or investment uses, subject to applicable approvals.Strategically positioned between the Greater Toronto Area and Niagara Falls/U.S. border crossings, the location provides exceptional regional connectivity and convenient access to major transportation routes throughout Southern Ontario.The property falls under Niagara Escarpment Commission jurisdiction. Purchasers are encouraged to conduct their own due diligence regarding permitted uses, development opportunities, and applicable regulatory approvals.Owner may be willing to assist with financing for qualified purchasers, providing additional flexibility and an attractive opportunity for investors and owner-occupiers alike.A rare opportunity to acquire a substantial 12.5-acre landholding with existing warehouse facilities in a highly accessible and desirable Niagara Region location. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 15 days on market, against an average age of 60 days across the listings currently for sale in this city
This vacant land in Grimsby (Grimsby West) has been listed for 15 days, which is 45 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 $9,000,000, about 86.5× the local median household income of $104,000.
Carrying it typically needs a household income of about $1,758,015 (20% down, 25-yr amortization, stress-tested) — roughly 1590% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3M)
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