$424,900

$449,900For salePrice drop↓ $25,000 (6%)

#301 5 Niagara Street, Grimsby (Grimsby West) - Single Family for Sale

#301 5 Niagara Street, Grimsby (Grimsby West), Ontario, L3M5A3

2 beds1 bath1 parking1,300 ft²$462/mo condo feeListed 55 days ago

Overview

This 2-bedroom, 1-bathroom condo in Grimsby is for sale offering roughly 1,300 sq ft of space. Listed at $424,900, it is attractively priced about 38% below the $689,999 median asking price in Grimsby. It has been on the market 55 days, fresher than the Grimsby average of 60 days.

Condos for Sale in Grimsby →All real estate in Grimsby →

Description

Welcome to this spacious top-floor end-unit condo, ideally tucked away on a quiet cul-de-sac in the heart of Grimsby. Shops, parks and restaurants are within easy walking distance, while convenient QEW access makes getting around effortless. Beautifully maintained and thoughtfully updated, the unit offers 1,311 square feet of living space-making it one of the largest in the building. The bright, open-concept layout features two bedrooms plus a den, a generous living room and a private balcony accessed from the den. The modern kitchen provides ample cabinetry, plenty of counter space and stainless steel appliances. Both bedrooms feature charming bay windows that fill the rooms with natural light, while the primary bedroom includes a large walk-in closet. Professionally renovated by Pride Homes in 2024, the bathroom showcases a gorgeous walk-in shower designed for comfort and accessibility. In-suite laundry, covered parking and covered visitor parking complete this impressive unit. With no residents living above, you'll enjoy an added sense of peace and privacy. An excellent opportunity for first-time buyers, downsizers or anyone seeking low-maintenance living in a convenient Grimsby location. Please note: some photos have been virtually staged. (id:66096)

Property Details

MLS®: X13768954
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Baseboard heaters, Electric
Cooling: Window air conditioner
Garage: Garage, Underground, Covered
Condo Fee: $462/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,312.31/yr
Listed: 55 days ago

Rooms

Main level

Living room: 4.98 x 5.84 meters
Dining room: 2.41 x 4.62 meters
Kitchen: 3.61 x 2.26 meters
Den: 3.05 x 2.82 meters
Primary Bedroom: 3.63 x 4.88 meters
Bedroom: 3.02 x 4.88 meters
Laundry room: 2.18 x 2.26 meters

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, Water Heater
Exterior: Brick Facing, Brick Veneer
Lot Features: Irregular lot size, Elevator, Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

55d

Grimsby (Grimsby West) listings, avg age

60d

Price / ft²

$327

List price

$425K

Haho

This 2-bed single family in Grimsby (Grimsby West) has been listed for 55 days, which is 5 days fresher than the city average of 60. Act while there is still low competition.

Set a price alert Book a showing

Listed by RE/MAX HALLMARK REALTY LTD. · WAYNE LESLIE SCHILSTRA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3M)

This home lists at $424,900, about 4.1× the local median household income of $104,000.

Carrying it typically needs a household income of about $82,998 (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)

$424,900· $327/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $21,245

Min 5%50%

Mortgage payment$2,238/mo

↳ CMHC premium ($16,146 capitalized)

Property tax (est.)$193/mo

Condo fee$462/mo

Total monthly$2,893

Cash Needed to Close

Down payment (5%)$21,245

Land transfer tax$4,973

Est. closing costs$3,775

Total cash needed$29,993

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator