2 days on Market

374 Book Rd, Grimsby, Ontario L3M 2M6

Detached
4 + 2
5
~1100-1500 sqft
$899,988
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Detached
4 + 2
5
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$709/sqft

Est. Mortgage$3,865/mo

Tax Amount (2024)$4,456/yr

Days On Market2 days


Description

Beautiful Detached Bungalow for Sale in South Grimsby walk 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

StyleBacksplit 3
View-
Age of property51-99
SqFt~1100-1500 SqFt
Lot Size9,920 SqFt(124 x 80)
Parking Spaces7
MLS ®NumberX12186098
Community NameGrimsby Beach
Data SourceTRREB
Listing byHOMELIFE/MIRACLE REALTY LTD

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Apartment, Crawl Space

Main Floor

Kitchen

3.48 x 2.79

Vinyl Floor / Quartz Counter / Stainless Steel Appl

Living

5.74 x 4.09

Vinyl Floor / Pot Lights / O/Looks Frontyard

Dining

2.61 x 2.85

Vinyl Floor / Combined W/Living / Open Concept

Sunroom

5.54 x 3.66

Vinyl Floor / 3 Pc Bath / Combined W/Br


Features

Lot size: 9,920 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 7


Property listed by HOMELIFE/MIRACLE REALTY LTD, Brokerage
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Market Data - Grimsby Beach

Geo Zone Map ThumbnailGrimsby Beach

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

30 days

Compared to

2024

49 days

2023

25 days

2022

8 days

New Listings

Past 30 days

8 listings

Compared to

2024

9 listings

2023

7 listings

2022

7 listings

Units sold

Past 30 days

3 units

Compared to

2024

5 units

2023

4 units

2022

4 units

Median Sold Price

Past 30 days

$654,000

Compared to

2024

$865,000

2023

$1,125,000

2022

$1,622,500


Population and Demographics

Overview

Total population 2180
Average household income $149,814

Age (%)

65 and plus
25%
50 to 64
23%
0 to 19
20%
35 to 49
17%
20 to 34
14%

Household composition (%)

Single family
78%
Single person
20%
Multi person
2%
Multi family
0%

Mother tongue (%)

English
92%
Others
3%
Dutch
2%
Italian
1%
Polish
1%

House tenancy (%)

Owners
91%
Renters
9%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget