374 Book Road, Grimsby (Grimsby Beach), Ontario L3M2M6

Listing courtesy of HOMELIFE/MIRACLE REALTY LTD.

$799,998
5
BD
5
BA

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List Price
$799,998
Status
ACTIVE
Days on Market
10
MLS® #
TorontoRegionalRealEstateBoard-X13749276
Bedrooms
5
Bathrooms
5
Subdivision
540 - Grimsby Beach
Neighborhood
540 - Grimsby Beach
MLS Area Major
540 - Grimsby Beach

Property Description

Beautiful Detached House for Sale in Grimsby beach community, Over 10,000 sq ft. Corner lot, walking distance 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. (id:5764)

Additional Information

Exterior Features
Brick, Aluminum siding
Taxes
$4,820
Community Features
540 - Grimsby Beach
Flooring
Laminate, Vinyl
Appliances
All, Furniture, Water Heater
Heating
Forced air, Natural gas
Air Conditioning
Central air conditioning
Foundation
Block, Unknown
Parking Features
No Garage

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks