69 Sumner Crescent, Grimsby

$619,900
69 Sumner Crescent

$619,900

New
28d
Att/Row/Townhouse2-Storey

69 Sumner Crescent, Grimsby

Total Monthly Obligation $3,240

Beds
3
Baths
3
Park
4
Sqft
1100-1500
DOM
28d
Score
20
Yield
5.4%
Cash on Cash
-1.4%
Cap Rate
4.3%
5Y IRR
14.4%
10Y IRR
13.7%
Property Type-Att/Row/Townhouse
MLS® Number-X13827202
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-23 × 123 ft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-16-30
Taxes-$4,378 (2026)
Parking-5 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE STATE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Family Room
Pool-None
Facing-South
Exterior-Vinyl Siding, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-540 - Grimsby Beach
Title-Residential Freehold

No agent assigned

Stunning freehold townhome in a fabulous lakeside community, just steps from Nelles Beach Park - This sunlit 1,475 sq. ft. home impresses the moment you step into the foyer. The main floor features a seamless open-concept dining area and a recently upgraded kitchen, complete with quartz countertops and backsplash, professionally painted cabinetry, and new Stainless Steel appliances. The kitchen flows into a large family room boasting rich hardwood flooring, a cozy gas fireplace, and elegant California shutters. A powder room and convenient inside access to the single-car garage-which features a rear door to the private backyard-complete this level. Upstairs, brand-new carpeting runs through all three spacious bedrooms. The massive primary suite is a true retreat, featuring a walk-in closet and a 3-piece ensuite with new glass shower doors. Two additional bright bedrooms share a 4-piece main bath, alongside a highly convenient upper-level laundry room. The lower level awaits your custom finishes and includes a 3-piece bathroom rough-in. Rare bonus: parking for up to 4 cars in the driveway! Enjoy quick QEW access, excellent local schools, and beautiful lakeside parks right at your doorstep.

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

Closing Costs

Mortgage Amount
$495,920
Land Transfer Taxes$8,873
Legal Fees (Est.)
$
Total cash required for closing$134,353

Total Monthly Obligation

$3,240/mo
Mortgage $2,501
Monthly Loss $2,582
Principal$658
Interest$1,843
Property Tax$365
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.6%2
5-Year IRR
10.4%39
10-Year IRR
11.0%
Returns Index
20.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$33,420/yr
NOI
$21,200/yr
Net Cash Flow
-$734/mo
Cash Margin
-26.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
25.9/ 100

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

Comparables

Properties near 69 Sumner Crescent

Time

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Data last updated within the past 24 hours.