416 Bartlett Avenue, Grimsby

$609,000
416 Bartlett Avenue

$609,000

Price Change
25d
DetachedBungalow

416 Bartlett Avenue, Grimsby

Total Monthly Obligation $3,162

HausQ Valuation Report
Beds
3
Baths
2
Park
4
Sqft
700-1100
DOM
25d
Score
20
Yield
5.2%
Cash on Cash
-1.9%
Cap Rate
4.2%
5Y IRR
14.1%
10Y IRR
13.4%
Property Type-Detached
MLS® Number-X13834782
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-60.13 × 100.35 ft
Listed on site-Sep 28, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,967.88 (2026)
Parking-4 - Carport
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-540 - Grimsby Beach
Title-Residential Freehold

No agent assigned

Welcome to 416 Bartlett Avenue, ideally situated in one of Grimsby's sought-after Beach neighbourhoods. Just steps from the waterfront and historic Bell Park, this charming 3-bedroom, 2-full-bathroom bungalow offers a wonderful blend of classic 1950s character and thoughtful modern updates. The inviting layout is well suited to families, down sizers, or anyone looking to enjoy the relaxed lifestyle of an established neighbourhood with quick access to the downtown core. Tastefully updated while preserving the home's original charm, the property offers comfortable and bright living spaces, with a timeless feel. Outside, the impressive 110-foot-deep fenced yard provides plenty of room to relax, entertain, garden, or enjoy with the family. Conveniently located with excellent highway access and close to the new West Niagara Secondary School and Grand Avenue Public School, this is a home that combines neighbourhood charm with everyday convenience. A wonderful opportunity to live steps from the lake, parks, schools and all that Grimsby Beach has to offer.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$487,200
Land Transfer Taxes$8,655
Legal Fees (Est.)
$
Total cash required for closing$131,955

Total Monthly Obligation

$3,162/mo
Mortgage $2,457
Monthly Loss $2,516
Principal$646
Interest$1,810
Property Tax$331
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.1%1
5-Year IRR
10.1%36
10-Year IRR
10.6%
Returns Index
19.0/ 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
$31,848/yr
NOI
$20,195/yr
Net Cash Flow
-$774/mo
Cash Margin
-29.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.699
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo51
Risk Index
26.1/ 100

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

Comparables

Properties near 416 Bartlett Avenue

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.