Lot 20 South Grimsby Road 5, West Lincoln

$980,000
Lot 20 South Grimsby Road 5

$980,000

New
28d
Land

Lot 20 South Grimsby Road 5, West Lincoln

Total Monthly Obligation $4,332

Beds
0
Baths
0
Park
0
DOM
28d
Property Type-Land
MLS® Number-X13830292
Beds-0
Lot Size-150 × 132 ft
Listed on site-Sep 25, 2026
Building Type-Land
Taxes-$46 (2025)
Brokerage-HOMELIFE/VISION REALTY INC.
Fireplace-No
Pool-None
Sewer-Sanitary
Possession-TBA
Neighbourhood-057 - Smithville
Title-Commercial

No agent assigned

This is an incredible investment opportunity in the prime location of Niagara West Lincoln. This spacious residential corner lot, with a 150 ft frontage, and 132 feet Depth is surrounded by new subdivisions and established homes, with extensive development taking place in the area. The land is subject to rezoning R1 to Medium and High-Density RM3, which provides flexibility for various residential developments(multiple fourplexes/triplexes, 4-6-story apartment buildings, condominiums, detached/semi-detached/townhouses, rental units, and retirement residences). This is an excellent opportunity for individual buyers looking to build their dream home on a generously sized lot with 150 ft of frontage. It is an amazing demanded area, less than 30 minutes to Niagara Falls and the U.S. border, close to major cities like St. Catharine, Hamilton, Burlington, Oakville, Guelph, and Mississauga. All essential services are conveniently located along South Grimsby Rd 5, with easy access to amenities, shopping, schools, transit, and recreation centers. Don't miss this unique opportunity to build in a thriving community! **EXTRAS** The land qualifies for a zoning change to High Density (RM3), ideal for various developments. Buyers must conduct due diligence, secure permits, and verify all info independently. Deposit cheque to be certified.

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Closing Costs

Mortgage Amount
$784,000
Land Transfer Taxes$16,075
Legal Fees (Est.)
$
Total cash required for closing$213,575

Total Monthly Obligation

$4,332/mo
Mortgage $3,953
Monthly Loss $3,292
Principal$1,040
Interest$2,913
Property Tax$4
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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

Comparables

Properties near Lot 20 South Grimsby Road 5

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.