8-10 Ontario
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+32 more
$1,299,900

8-10 Ontario

Grimsby (Grimsby East), Ontario, L3M3G9

Active
4
Bedrooms
4
Bathrooms
4
Parking

About This Property

This 4-bedroom, 4-bathroom multi-family in Grimsby (Grimsby East) is available for your consideration. The home features forced air, natural gas heating, central air conditioning, a crawl space basement.

MLS Remarks

TWO UNITS, one title, proven income, zero guesswork. A rare opportunity to own a fully restored, income producing duplex under one title in the heart of Grimsby. This is not a conversion, not a compromise, and not a tired rental, this is a turn key investment that's already doing the work for you. Currently operating as a profitable short-term rental, both self contained units are thoughtfully updated, beautifully finished, and designed to attract premium short-term guests. Whether you're an investor seeking immediate cash flow, looking to build a passive income portfolio, or a buyer looking to live in one unit and rent the other, this property delivers flexibility and performance. This home makes a statement. The heritage exterior has been carefully restored with attention to it's historic character. Inside both units feature updated kitchens, baths, appliances, modern lighting, fresh finishes, café wood shutters on the main, along with new window covers and smart storage solutions. Unit 10 offers added functionality with custom built ins, pantry storage, and a thoughtful design details that elevate the overall living experience for both owners and guests. A detached garage with new 110 amp electrical panel, lighting and opener, enhanced driveway, secure fencing for extra privacy to complete the package. This is the kind of property investors wait for and the kind that rarely hits the market. (id:60351)

Overview

Property Typeresidential
Sub-Typemulti-family
StatusActive
MLS #X12755292

Interior

HeatingForced air, Natural gas
CoolingCentral air conditioning
AppliancesWater meter, Dishwasher, Range, Oven, Dryer, Microwave, Two stoves, Two Washers, Water Heater, Two Refrigerators
BasementCrawl space

Exterior

Exterior FeaturesBrick

Parking

Total Spaces4

Fees & Taxes

Annual Taxes$5,689

Listing Information

MLS#: X12755292


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$259,980
5%20%50%
Estimated Monthly Payment
$5,780
/month
Mortgage
$1,039,920
Total Interest
$694,144

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$22,473
Total Due on Closing$22,473

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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8-10 Ontario Grimsby (Grimsby East) — $1,299,900 — Not A Dream Realty | Not A Dream Realty