146 Lakeside Drive, Grimsby, ON

$2,349,000
MLS#:X8388536
4 beds
3 baths
8.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 540 - Grimsby Beach. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,349,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 3 Bathrooms
  • Premium 55 x 180 ft lot size
  • Features a walk-up, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Carpet Free, In-Law Capability
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

LAKEFRONT BUNGALOW WITH IN-LAW POTENTIAL - CUSTOM DESIGNED AND BUILT WITH REMARKABLE LAKE ONTARIO AND GTA VIEWS step inside this 2000 square foot bungalow offering over 3500 square feet of finished living space and immediately be wowed by the picturesque water views through the wall of family room windows. Extremely bright open concept main floor with dining area, kitchen with a raised breakfast bar, stainless steel appliances, and granite countertops with bonus pantry room with sink. The kitchen flows into a family room with vaulted ceilings, gas fireplace, 3 sets of patio doors leading to the covered porch. Wake up every morning or lie in bed every night watching the sunset in your primary bedroom featuring a 4-piece ensuite with double sinks and walk-in closet. The second sunlit bedroom on this floor has a large walk-in closet and ensuite privilege to the 4-piece bathroom. The main floor also has a convenient first floor laundry. The lower level would make for an excellent in-law set up and features a landing which would make for a great office area, 2 bedrooms, 4-piece bathroom, and a large recreation room. The walk up leads the 2.5 car garage with 2nd garage door opening up to the exceptionally landscaped, fully fenced private backyard and an amazing elevated composite deck to take in the beautiful views every day. Take advantage of the Lake Ontario views without the waterfront taxes or dealing with any potential expensive shoreline protection.

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Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 11, 2024
Sold price information is available to members only
Listed Date5/30/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Stucco (Plaster)
BasementWalk-Up, Finished
Lot Size55 × 180 Feet
CountyNiagara
Annual Tax$7,920
Legal DescriptionLT 37 PL 586 ; S/T RO135108 GRIMSBY

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Auto Garage Door Remote, Carpet Free, In-Law Capability, Primary Bedroom - Main Floor

Security Features

Community Features

Location

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146 Lakeside Drive, Grimsby, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 146 Lakeside Drive, Grimsby, ON L3M 2L5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Grimsby.

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Interest Rate5.25%
Down Payment$469,800 (20.0%)
* Minimum Canadian down payment required for this price is $469,800.
Amortization Period25 Years
Estimated Monthly Payment$11,198Based on a loan of $1,879,200 over 25 years.
Purchase Price$2,349,000
Loan Amount$1,879,200
Provincial Land Transfer Tax:$45,200
Total Estimated Closing Taxes:$45,200

About Purchasing a Home in Grimsby, ON

For a property listed at $2,349,000 in Grimsby, the legal minimum down payment is $469,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $45,200 for this transaction. As this listing is in Grimsby (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $45,200.

Nearby Listings

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No current listings found in Grimsby.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Grimsby.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$907,068

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Central
Public5 Boulton Avenue, Grimsby, Ontario, L3M 1H6
8.1
Our Lady of Fatima
Public69 Olive Street, Grimsby, Ontario, L3M 2C3
7.2
Lakeview
Public33 Olive Street, Grimsby, Ontario, L3M 2B9
7.3
Nelles
PublicGrimsby, Ontario, L3M 1H3
9.4
Park Public
Public217 Main Street East, Grimsby Beach, Grimsby, Ontario, L3M 1P5
9.8

Secondary Schools

Blessed Trinity
Public145 Livingston Avenue, Grimsby-on-the-Lake, Grimsby, Ontario, L3M 5J6
7.1

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.