$799,998
Est. payment $3,542/moCalculate yours
374 Book Road, Grimsby, ON L3M 2M6
540 - Grimsby Beach, Grimsby, ON L3M 2M6
- 3 + 2 Beds
- 5 Baths
- 1,100 Sq Ft
Listing courtesy of HOMELIFE/MIRACLE REALTY LTD MLS® X13749276
About this home
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
Overview
- Property Type
- Detached
- Style
- Backsplit 3
- For
- For Sale
- Status
- New
- Approximate Age
- 51-99
- Size
- 1,100 sqft
Interior
- Bedrooms
- 3 + 2
- Bathrooms
- 5
- Kitchens
- 3
- Basement
- Apartment, Crawl Space
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick, Aluminum Siding
- Foundation
- Concrete Block, Unknown
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 80 x 124 Feet
- Parking
- None garage · 7 total
- Zoning
- R2
Financial
- Property Taxes
- $4,820 (2025)
Location
- Neighbourhood
- 540 - Grimsby Beach
- Cross Street
- Lake St. & Book Rd.
- Direction Faces
- North
Listing
- MLS® Number
- X13749276
- Days on Market
- 43
- Listed On
- 2026-09-05
- Possession
- Flexible
- Listed By
- HOMELIFE/MIRACLE REALTY LTD
Rooms
Features
Interior
- Water Heater
- Water Heater Owned
- Accessory Apartment
- Carpet Free
- In-Law Suite
- Other
Property
- Fenced Yard
- Lake Access
- Park
- School Bus Route
- Public Transit
Pool
- None
- Included
- All Electrical Lights and Fixtures, All Appliances From 3 Kitchens, All Furniture shown in the pictures and owned by the seller, Furnace , Central AC.
- Excluded
- Tenants belongings
- Rental items
- Hot water tank (if rental)
Mortgage calculator
Estimated mortgage payment
$3,542 per month
- Principal and interest
- $3,542
- Property tax
- $402
- Condo fees
- $0
- Estimated monthly cost
- $3,944
Your mortgage
- Mortgage amount
- $639,998
- Mortgage insurance
- Not needed
- Interest over 25 years
- $422,667
Cash to close
- Down payment
- $160,000
- Land transfer tax
- $12,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $172,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
This photo could not be loaded.