8 ONTARIO
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+32 more
$1,299,900

8 ONTARIO

Grimsby, Ontario, L3M3G9

Active
4
Bedrooms
4
Bathrooms
2,217
Sq Ft
1900
Year Built
4
Parking

About This Property

This 4-bedroom, 4-bathroom single family in Grimsby offers 2,217 sq ft of living space. Built in 1900. The home features forced air, natural gas heating, central air conditioning, a partially finished, 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 downtown 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. shared laneway access, Inside both units feature updated kitchens, baths, appliances, modern lighting, fresh finishes, new cafe wood shutters, window covers and smart storage solutions. Unit 10 offers added functionality with custom built ins, pantry storage, and 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-Typesingle family
StatusActive
MLS #40802695
Year Built1900

Interior

HeatingForced air, Natural gas
CoolingCentral air conditioning
AppliancesWasher, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan, Window Coverings, Garage door opener
BasementPartially finished, Crawl space

Exterior

Exterior FeaturesBrick

Parking

Total Spaces4

Fees & Taxes

Annual Taxes$5,689

Listing Information

MLS#: 40802695


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 ONTARIO Grimsby — $1,299,900 — Not A Dream Realty | Not A Dream Realty