$1,500,000
Grimsby
91 Main Street East, Grimsby (Grimsby East), Ontario, L3M1N6
This multi-family property in Grimsby is for sale offering roughly 3,250 sq ft of space.
Prominent Grimsby Heritage Home. Prime Investment. Solid Brick and stone, Built in 1900. This property offers 3247 above grade square footage, soaring ceilings, architectural character, stunning period details and thoughtfully updated with modern amenities. Four self contained units, consisting of 3 X 1 bedroom and 1 X 2 bedroom, each with a kitchen, 4 piece bathroom and private entry. Full unfinished basement with walk up, provides shared laundry, storage and utility area's. Property features a fenced backyard area plus 6 car parking, 1 space for each unit and 2 guest parking spots. Three units currently rented. Main floor 1 bedroom unit is vacant, ready to occupy or renovate and update. Rare opportunity, incredible potential for investors or owner occupiers alike. Ideal for couple or single professional looking to live in the vacant unit to offset mortgage/carrying costs or if your looking to enhance your real estate investment portfolio and capitalize on the long term value and growth potential. Situated along the wine route in Grimsby's Downtown core, among other period properties. Close proximity to all amenities, including parks, escarpment trails, shopping, schools, library, hospital and minutes to the QEW. Updates include: Boiler (2025), Owned water tank (2024) connected to Boiler system, sump pump (2025), Foyer, hallways, trim and doors painted (2024), Shingle (2021), Eaves, Downspouts and Gutter Guards (2020), Sprinkler System Update and Test (2024) Fire Inspection (2024) Be sure to click the Multi-media link for additional photo's, walk through tour and floorplans. Showings by appointment only, do not go direct. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 48 days on market, against an average age of 46 days across the listings currently for sale in this city
This 5-bed multi-family in Grimsby (Grimsby East) 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 $1,500,000, about 14.4× the local median household income of $104,000.
Carrying it typically needs a household income of about $293,003 (20% down, 25-yr amortization, stress-tested) — roughly 182% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3M)
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