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$899,988

Est. payment - /mo

6 Beds

5 Baths

New

374 Book RD Grimsby, ON L3M 2M6

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Mitra Nobakht-Eivaly

mitra@purpletree.group +1(416) 832-9292

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision 540 - Grimsby Beach

MLS Listing ID X12186098

Style Backsplit 3

Bedrooms 6

Building Age 51-99

Annual Tax Amount $4,456

Tax Year 2024

Property Sub-Type Detached

Lot Depth 124.0

Lot Front 80.0

Appx SqFt 1100-1500

Property Description

Beautiful Detached Bungalow for Sale in South Grimsby walk to Lake Ontario, Don't miss this rare income-generating opportunity in the heart of South Grimsby, just minutes from the serene shores of Lake Ontario. This spacious and well-maintained detached bungalow offers a flexible layout ideal for investors or multi-generational living. Currently fully tenanted on month-to-month leases, the home features 3 self-contained kitchens, 3 private laundry areas, 7 bedrooms, and 5 full bathrooms, offering strong and steady rental income potential. Sitting on a generous 80 x 124 ft. lot, the property also includes approved permits to build a double-car garage , providing excellent opportunity for future expansion and added value. Whether you're looking to grow your investment portfolio or live in one unit while renting the others, this home delivers unmatched versatility. The private backyard is surrounded by mature trees, creating a peaceful outdoor retreat perfect for relaxing or hosting gatherings. The location is ideal just a short stroll to Bal Harbor, with lake access, scenic parks, and quiet residential charm. Enjoy close proximity to Bell Park, the Bruce Trail, local conservation areas, farmers markets, shopping, dining, and some of Niagara region's best wineries. Commuters will love the easy access to the QEW, connecting you to both the Niagara Region and the GTA in minutes. This property offers a unique blend of immediate rental income, future development potential, and a prime location near nature, amenities, and transit. an excellent investment in one of Grimsby most peaceful and picturesque neighborhoods.

Location

Province ON

County Niagara

Community 540 - Grimsby Beach

Area Niagara

Rooms

Family Room No

Basement Apartment, Crawl Space

Kitchen 3

Separate Den/Office 2

Interior

Interior Features Water Heater, Water Heater Owned, Accessory Apartment, Carpet Free, In-Law Suite, Other

Cooling Central Air

Fireplaces Type Electric

Fireplace Yes

Heat Source Gas

Exterior

Exterior Feature Landscaped

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 80.0

Lot Depth 124.0

Total Parking Spaces 7

Building

Unit Features Fenced Yard,Lake Access,Park,School Bus Route,Public Transit

Foundation Concrete Block, Unknown

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

Virtual Tour https://www.winsold.com/tour/356511

Listed by HOMELIFE/MIRACLE REALTY LTD

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Mitra Nobakht-Eivaly

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+1(416) 832-9292

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374 Book RD Grimsby, ON L3M 2M6

Mitra Nobakht-Eivaly

Key Details

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Interior

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