3557 Grimsby Road, Grimsby

$1,149,900
3557 Grimsby Road

$1,149,900

Price Change
76d
DetachedBungalow

3557 Grimsby Road, Grimsby

Total Monthly Obligation $5,517

Beds
4
Baths
2
Park
12
Sqft
1100-1500
DOM
76d
Yield
4.2%
Cash on Cash
-5.6%
Cap Rate
3.4%
5Y IRR
11.2%
10Y IRR
11.1%
Property Type-Detached
MLS® Number-X13653804
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-141.15 × 300 ft
Listed on site-Aug 8, 2026
Style-Bungalow
Building Type-Detached
Age-16-30
Taxes-$6,037.84 (2026)
Parking-14 - Attached
Basement-Full, Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-MICHAEL ST.JEAN REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-East
Exterior-Brick
Roof-Other
Foundation-Poured Concrete
Sewer-Septic
Possession-Minimum 60 days
Neighbourhood-055 - Grimsby Escarpment
Title-Residential Freehold

No agent assigned

Beautifully updated raised bungalow in Grimsby Escarpment. 1999 build on 0.97 acres, tons of parking, a heated double car garage that has been converted into a recreation room (can be converted back easily), a 30 x 40 heated workshop perfect for the trades or car enthusiasts. Open concept main living area with remodelled eat-in kitchen boasting vaulted ceilings, granite counters, soft close drawers, massive island with power and plenty of storage. Lower levels features 9 ft. ceilings, separate entrance, huge rec room with bar and pool table. The roof was changed in 2018 and has a lifetime warranty (corrugated fiber & asphalt), cistern is 5000 gallons, UV water treatment system, front door (2024), patio door (2026), basement bath (2026), front & rear decks (2022). Great rural offering in beautiful Grimsby!

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Closing Costs

Mortgage Amount
$919,920
Land Transfer Taxes$19,473
Legal Fees (Est.)
$
Total cash required for closing$250,953

Total Monthly Obligation

$5,517/mo
Mortgage $4,638
Monthly Loss $4,296
Principal$1,221
Interest$3,418
Property Tax$503
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near 3557 Grimsby Road

Time

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