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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.
All Electrical Lights and Fixtures, All Appliances From 3 Kitchens, All Furniture shown in the pictures and owned by the seller, Furnace , Central AC, Hot water Tank.
City: Grimsby
Neighborhood: Grimsby Beach
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Nov 6, 2024 | 60 | $899,000 | N/A | Terminated | X10409474 |
Jun 21, 2024 | 137 | $1,099,000 | N/A | Terminated | X8468950 |
May 3, 2024 | 37 | $999,900 | N/A | Terminated | X8301956 |
Apr 30, 2024 | 2 | $1,299,900 | N/A | Terminated | X8290166 |
Mar 7, 2024 | 54 | $1,299,900 | N/A | Terminated | X8123330 |
Nov 10, 2023 | 118 | $1,300,000 | N/A | Terminated | X7291820 |
Mar 2, 2022 | 5 | $799,800 | $1,140,000 | Sold | X5520386 |
Purchase Price | $899988 |
Down Payment | $179998 |
Mortgage Insurance | $0 |
Total Mortgage | $719990 |
Mortgage Payment | $4437 |
Property Taxes | $371 |
Maintenance Fees | $0 |
Monthly Payment | $4808 |
Sold Comparables homes near 374 Book Rd, Grimsby
Located at 374 Book Rd , this Grimsby house is available for sale. This property was listed for $899,988 on Fri May 30 2025. This house's size is 1100-1500 Sqft. It has 4 bedrooms and 5 bathrooms. The property includes the following rooms: Kitchen, Living, Dining, Sunroom, Primary, 2nd Br, 3rd Br, Living, 4th Br, 5th Br, Kitchen, . This property comes with 7 parking spots. 374 Book Rd, Grimsby is situated in the Grimsby Beach neighbourhood.
MLS#: X12186098 · $899,988 · 4 bedroom house in Grimsby Beach, Grimsby