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374 Book Road
homes for sale · Grimsby · Grimsby Beach
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$799,998

374 Book Road

Grimsby Beach, Grimsby · MLS® X13749276

557

House · Single Family · 49 days on market

listed by ALTAF MIAN, HOMELIFE/MIRACLE REALTY LTD

realtor's description

Beautiful Detached House for Sale in Grimsby beach community, Over 10,000 sq ft. Corner lot, walking distance to Lake Ontario, Don't miss this rare income-generating opportunity in the heart of South Grimsby, just minutes from the serene shores of Lake Ontario. This spacious and well-maintained detached bungalow offers a flexible layout ideal for investors or multi-generational living. Currently fully tenanted on month-to-month leases, the home features 3 self-contained kitchens, 3 private laundry areas, 7 bedrooms, and 5 full bathrooms, offering strong and steady rental income potential. Sitting on a generous 80 x 124 ft. lot, the property also includes approved permits to build a double-car garage , providing excellent opportunity for future expansion and added value. Whether you're looking to grow your investment portfolio or live in one unit while renting the others, this home delivers unmatched versatility. The private backyard is surrounded by mature trees, creating a peaceful outdoor retreat perfect for relaxing or hosting gatherings. The location is ideal just a short stroll to Bal Harbor, with lake access, scenic parks, and quiet residential charm. Enjoy close proximity to Bell Park, the Bruce Trail, local conservation areas, farmers markets, shopping, dining, and some of Niagara region's best wineries. Commuters will love the easy access to the QEW, connecting you to both the Niagara Region and the GTA in minutes. This property offers a unique blend of immediate rental income, future development potential, and a prime location near nature, amenities, and transit. an excellent investment in one of Grimsby most peaceful and picturesque neighborhoods.

property details

type
House, Single Family
bedrooms
5
bathrooms
5
parking
7
property tax
$4,820 / yr
days on market
49
MLS®
X13749276

features

  • Irregular lot size
  • Carpet Free
  • In-Law Suite
  • School Bus
  • All
  • Furniture

monthly cost

$3,887/mo
Mortgage $3,486 · Tax $402

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$3,486/ monthly
loan $639,998
25-year amortization
total interest
$405,656
cash to close
$160,000
down payment; transfer tax and fees not included
total paid
$1,045,654

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Grimsby Beach, GrimsbyGoogle Maps ↗

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listed by
ALTAF MIAN
HOMELIFE/MIRACLE REALTY LTD
call ALTAF · 647-772-9777
Powered by: REALTOR.ca

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location

Grimsby Beach, GrimsbyGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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