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Listed 5 months ago

126 Mountain Street

055 - Grimsby Escarpment, Grimsby

$499,900

Detached|1 1/2 Storey
2 | 2 | 8
About this home

DETACHED HOME ON THE GRIMSBY ESCARPMENT - 5 MINUTES FROM DOWNTOWN FOR UNDER $500,000. Affordable detached living in one of Niagara's most sought-after communities. Situated on the Grimsby Escarpment, this home sits on a generous 80 x 105-foot lot and features over 1,500 square feet of living space, making it an ideal choice for first-time buyers, investors, or anyone looking to enter the Grimsby market. Enjoy the convenience of being just minutes from downtown Grimsby, where you'll find local restaurants, cafés, boutique shopping, parks, and community events. Quick access to the QEW makes commuting easy, while nearby wineries, conservation areas, waterfront trails, and recreational amenities provide endless opportunities to enjoy the Niagara lifestyle. The spacious lot offers plenty of room to relax, entertain, garden, or create your own outdoor retreat. Inside, the generous living space provides flexibility for a variety of lifestyles and future possibilities. Properties combining this much space, lot size, and location at this price point are becoming increasingly difficult to find. Whether you're looking for your first home, an investment property, or a chance to own a detached home in a thriving community, this property deserves your attention. Experience the convenience, value, and lifestyle that make Grimsby one of Niagara's most desirable places to call home.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$3,249
Lot Size79.07 ft x 104.86 ft
mls© NumberX13248068
Listed ByYOUR HOME SOLD GUARANTEED REALTY ELITE

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,559
Property tax
$271
Heat allowance
$150
Housing costs
$2,979 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $99,980
25-yr amortization

Income needed

$92,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$99,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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