8 Lakelawn Road 22, Grimsby

$729,000
8 Lakelawn Road 22

$729,000

New
14d
Att/Row/Townhouse2-Storey

8 Lakelawn Road 22, Grimsby

Total Monthly Obligation $3,748

HausQ Valuation Report
Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
14d
Score
18
Yield
4.8%
Cash on Cash
-3.9%
Cap Rate
3.8%
5Y IRR
12.5%
10Y IRR
12.2%
Property Type-Att/Row/Townhouse
MLS® Number-X13883840
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-21.49 × 81.69 ft
Listed on site-Oct 9, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-6-15
Taxes-$5,185.62 (2026)
Parking-2 - Built-In
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-540 - Grimsby Beach
Title-Residential Freehold

No agent assigned

Welcome to lakeside living in the sought-after Grimsby Beach community! This beautifullymaintained 2-storey freehold townhome offers over 1,594 sq. ft. of comfortable living space,featuring 3 bedrooms and 2.5 bathrooms. The open-concept main floor is bright and inviting,with beautiful lake views that can be enjoyed from the living and dining areas.The spacious primary retreat offers a private balcony, an oversized walk-in closet, and plentyof natural light. The home includes several thoughtful upgrades, including extra-tall kitchencabinetry, raised breakfast ledge, oak staircase, conduit in the family room, and a rough-infor a 2-piece basement bathroom. Enjoy the convenience of being close to restaurants, shopping,parks, and Fifty Point Conservation Area, while experiencing the charm and tranquility ofGrimsby Beach. A wonderful opportunity for those seeking a stylish, low-maintenance home in a scenic lakeside setting!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$583,200
Land Transfer Taxes$11,055
Legal Fees (Est.)
$
Total cash required for closing$158,355

Total Monthly Obligation

$3,748/mo
Mortgage $2,941
Monthly Loss $2,974
Principal$774
Interest$2,167
Property Tax$432
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.5%1
5-Year IRR
8.9%28
10-Year IRR
9.8%
Returns Index
15.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$35,100/yr
NOI
$21,904/yr
Net Cash Flow
-$1,115/mo
Cash Margin
-38.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo41
Risk Index
22.4/ 100

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

Comparables

Properties near 8 Lakelawn Road 22

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.