Frontside or backside of a home, cottage for 27 Mountain St, Grimsby Ontario L3M 3J9
111 days on Market

27 Mountain St, Grimsby, Ontario L3M 3J9

Detached
4
2
~2694 sqft
$949,000
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Detached
4
2
~2694 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$352/sqft

Est. Mortgage$4,076/mo

Tax Amount (2023)$3,973/yr

Days On Market111 days


Description

Rare opportunity to own 2,694 sq ft legal non-conforming duplex nestled in the heart of Grimsby along the Niagara Escarpment. Zoned TRM this property is perfect for residential investor or owner looking to occupy one apartment & receive a return on the rest of their investment. The Century Home was remodeled in 2019 and sits on a beautiful oversized lot with 4 parking spaces & garden shed for additional storage. The main floor apartment features two bedrooms, updated 4 pc bathroom with granite counters, new Kitchen with granite countertops, living room with wainscoting & fireplace, & hardwood floors & California shutters throughout. The upstairs apartment features two bedrooms, updated 4 pc bathroom with granite counters, a remodeled kitchen with granite counters, dining room, living room, vinyl plank flooring & California shutters throughout. There are two Boilers (one new in 2021), two Central Air units, two Hot Water Heaters (one new in 2022), two 100 amp breaker panels, laundry for each unit in the basement & each unit is separately metered. Unit #1 Main Floor is 2 beds/1 bath and is vacant: fair market rent $2,200.00-2,500/month + utilities. Unit #2 Upper Floor unit 2 beds/1 bath: fair market rent $2,200-2,500.00/month + utilities; Total Gross Rent/Year= $52,800-$60,000. Updates: 2019 - windows, doors, new appliances, eavestroughs, downspouts, 2022 – Paved Driveway, 2023 – New Roof, attic insulation and new soffits. Buyer to do their own due diligence.


Property Details

Style2 Storey
View-
Age of property1904
SqFt~2694 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberH4205975
Community NameGrimsby Downtown
Data SourceRAHB
Listing byRE/MAX Escarpment Realty Inc.

Features

Heating: Radiant
Cooling: Central Air
Basement: Unfinished, 1

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property listed by RE/MAX Escarpment Realty Inc., Brokerage
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Population and Demographics

Overview

Total population 4411
Average household income $134,995

Age (%)

0 to 19
23%
50 to 64
22%
35 to 49
21%
65 and plus
18%
20 to 34
16%

Household composition (%)

Single family
68%
Single person
30%
Multi person
2%
Multi family
0%

Mother tongue (%)

English
89%
Others
3%
Polish
2%
Spanish
1%
Croatian
1%
Dutch
1%
Italian
1%

House tenancy (%)

Owners
74%
Renters
26%

Schools and amenities

Estimated Budget