326 Mountain Road, Grimsby

$999,900
326 Mountain Road

$999,900

New
86d
DetachedBungalow

326 Mountain Road, Grimsby

Total Monthly Obligation $4,815

Beds
6
Baths
3
Park
10
Sqft
1100-1500
DOM
86d
Score
19
Yield
4.8%
Cash on Cash
-2.7%
Cap Rate
4.0%
5Y IRR
13.4%
10Y IRR
12.9%
Property Type-Detached
MLS® Number-X13618608
Beds-6
Bathrooms-3
Size-1100-1500 sqft
Lot Size-100.22 × 254.56 ft
Listed on site-Jul 29, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,876 (2025)
Parking-11 - Detached
Basement-Separate Entrance, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTY SERVICES INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-60 Days/TBA
Neighbourhood-055 - Grimsby Escarpment
Title-Residential Freehold

No agent assigned

Showstopper! Stunning Fully Renovated Bungalow Situated On A Premium Lot Of Over 1/2 Acre WithA Huge Private Backyard In One Of Grimsby's Most Desirable Locations. This Exceptional Home Features 6 Bedrooms (3+3) And 3 Beautifully Updated Washrooms, Offering ThePerfect Blend Of Modern Luxury, Space, And Versatility. The Bright Open-Concept Layout Showcases Hardwood Flooring And Smooth CeilingsThroughout, While Both Kitchens And All Washrooms Are Finished With Elegant Quartz Countertops. The Spacious Primary Bedroom Features AWalk-In Closet And A4-Piece Ensuite. The Professionally Finished Basement Offers A Separate Entrance, 3 Bedrooms, A Full Kitchen, Its Own Laundry Area, And Excellent Potential For Rental Income Or Multi-Generational Living. Additional Highlights Include All Brand-New Appliances,Two Separate Laundry Areas, A New Septic Tank, And An Oversized Driveway With Parking For 10+ Vehicles.Move-In Ready And Thoughtfully Upgraded From Top To Bottom, This Rare Turnkey Property Offers Incredible Value, Flexibility, And Endless Possibilities For Families, Investors, Or ThoseSeeking Country-Sized Living With Modern Finishes.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$799,920
Land Transfer Taxes$16,473
Legal Fees (Est.)
$
Total cash required for closing$217,953

Total Monthly Obligation

$4,815/mo
Mortgage $4,033
Monthly Loss $3,753
Principal$1,061
Interest$2,972
Property Tax$406
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.8%1
5-Year IRR
10.2%37
10-Year IRR
10.7%
Returns Index
19.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$47,880/yr
NOI
$33,716/yr
Net Cash Flow
-$1,224/mo
Cash Margin
-30.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
19.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 326 Mountain Road

Time

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