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Listed 3 months ago

86 Ridge Road E

055 - Grimsby Escarpment, Grimsby

$1,998,000

Detached|2-Storey
4 | 3 | 8
About this home

Amazing location! If you're a nature lover who is looking for privacy, while still being close to downtown Grimsby, the Bruce Trail and Niagara's wine country, this spacious home may be the one for you! Located on over 4.5 acres of land, this 3,375 sq ft custom built home offers 4 bedrooms, 3 bathrooms and 2 full kitchens with a seperate in-law/nanny suite that is located on the second floor. In addition, there is a full, 1188 sq ft unfinished basement that you can customize to your specific needs. Enjoy the views of the mature trees from every room in this natural light filled home or relax outside and enjoy summer evenings on the sprawling deck. An ideal home for relaxing and also a perfect home for entertaining- with an open concept, freshly painted main floor and direct entry to the beautiful backyard. The updated chef's kitchen features brand new countertops and stainless steel appliances including a commercial 6 burner gas stove, and overlooks the dining area and cozy family room with a fireplace. If you work from home, the convenient office overlooks the front yard with Upstairs, the oversized primary bedroom offers his/hers closets and a comfortable sitting area, in addition to two other spacious bedrooms. The unique upper level in-law/nanny suite provides privacy with a seperate entrance and balcony and its own furnace, central air and hot water tank. The huge laundry room features a seperate shower and sink and brand new Whirlpool washing machine and dryer. If you're looking for storage space- in addition to the 3 car garage with convenient, direct entry into the home, there is also an insulated brick workshop with 3 bay doors that is equipped with hydro and roughed in for gas. This unique home with a beautifully landscaped lot is truly a must see!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$13,354
Lot Size222.09 ft x 768.67 ft
mls© NumberX13546772
Listed ByRoyal LePage Real Estate Associates

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%
$10,227
Property tax
$1,113
Heat allowance
$150
Housing costs
$11,490 / mo

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

Down payment20% · $399,600
25-yr amortization

Income needed

$354,000

gross annual household income

Payment at 4%
$8,408 / mo
Cash down
$399,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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