$334,900

For saleJust listed

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#304 5 VIKING Court, Grimsby - Single Family for Sale

#304 5 VIKING Court, Grimsby, Ontario, L3M3T8

3 beds1 bath1 parking

#801 550 North Service Road, Grimsby (Grimsby Beach), Ontario, L3M0H9

1 bd1 ba2 pk250 ft²+$591/mo

Listed by Royal LePage Real Estate Associates

#7 49 Ontario Street, Grimsby (Grimsby East), Ontario, L3M3H2

For saleJust listed

Yesterday

$365K

#7 49 Ontario Street, Grimsby (Grimsby East), Ontario, L3M3H2

1 bd1 ba1 pk950 ft²+$475/mo

Listed by RE/MAX ESCARPMENT REALTY INC.

#7 49 ONTARIO Street, Grimsby, Ontario, L3M3H2

For saleJust listed

Yesterday

$365K

#7 49 ONTARIO Street, Grimsby, Ontario, L3M3H2

1 bd1 ba1 pk1,385 ft²+$475/mo

Listed by RE/MAX Escarpment Realty Inc.

#2 61 Lake Street, Grimsby (Grimsby Beach), Ontario, L3M2G6

For saleJust listed

2 days ago

$1.65M

#2 61 Lake Street, Grimsby (Grimsby Beach), Ontario, L3M2G6

2 bd3 ba4 pk2,125 ft²+$370/mo

Listed by RE/MAX ESCARPMENT REALTY INC.

Investment analysis

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$334,900

Grimsby

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$506/mo condo fee

Overview

This 3-bedroom, 1-bathroom condo in Grimsby is for sale offering roughly 1,000 sq ft of space. Listed at $334,900, it is attractively priced about 31% below the $485,988 median asking price in Grimsby. It has been on the market 5 days, fresher than the Grimsby average of 58 days.

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

Description

Sold As is, Where is basis. Seller makes no representations and/or warranties. (id:66096)

Property Details

MLS®: 40874597
Property Type: Single Family
Zoning: RM1
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 1,000 ft²
Storeys: 2
Basement: Unfinished, Partial
Heating: Forced air, Natural gas
Cooling: None
Condo Fee: $506/mo
Fee Includes: Cable TV, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,452/yr
Listed: 5 days ago

Rooms

Upper Level

Bedroom: 10'8'' x 8'5''
Bedroom: 12'8'' x 7'5''

Third level

Bedroom: 12'4'' x 10'8''
4pc Bathroom

Second level

Dining room: 8'8'' x 7'8''
Kitchen: 8'8'' x 10'5''

Main level

Living room: 13'4'' x 11'4''

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

Features

Exterior: Brick Veneer

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

$335

List price

$335K

Haho

This 3-bed single family in Grimsby has been listed for 5 days, which is 53 days fresher than the city average of 58. Act while there is still low competition.

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Listed by Royal LePage State Realty Inc. · Joe Cosentino

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3M)

This home lists at $334,900, about 3.2× the local median household income of $104,000.

Carrying it typically needs a household income of about $65,418 (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)

$334,900· $335/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $16,745

Min 5%50%

Mortgage payment$1,764/mo

↳ CMHC premium ($12,726 capitalized)

Property tax (est.)$204/mo

Condo fee$506/mo

Total monthly$2,474

Cash Needed to Close

Down payment (5%)$16,745

Land transfer tax$3,499

Est. closing costs$3,505

Total cash needed$23,749

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