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12 Cheval Drive

540 - Grimsby Beach, Grimsby

$1,469,900

Detached|Bungalow
3 | 4 | 4
About this home

Your dream lakeside oasis awaits. Welcome to this beautifully renovated bungalow, ideally situated just steps from Bal Harbour Lakefront Park. Completely transformed from top to bottom in 2022, this exceptional residence showcases a refined blend of contemporary design, luxurious finishes, and effortless everyday living in one of the area's most desirable lakeside communities. The thoughtfully designed interior features a bright, open-concept layout with a seamless connection between the living, dining, and kitchen spaces, complemented by a separate family room offering additional comfort and versatility. Modern finishes, abundant natural light, and carefully curated details create a warm and sophisticated atmosphere throughout. The stunning chef's kitchen serves as the heart of the home, featuring premium Thermador appliances, custom cabinetry, oversized island, built-in wine fridge, and espresso machine. Designed for both everyday living and elevated entertaining, this exceptional space combines timeless style with exceptional functionality. The fully finished lower level provides additional living space with a spacious recreation area, bedroom, and private spa-inspired retreat complete with a Jacuzzi tub. Perfect for guests, relaxation, or extended family living, this versatile level adds remarkable flexibility to the home. The private backyard sanctuary offers a peaceful retreat designed for year-round enjoyment. Professionally landscaped grounds, a covered patio, and a tranquil outdoor setting create the perfect backdrop for morning coffee, summer gatherings, and evenings under the stars. Additional updates include windows and doors (2022), flooring (2022), main-level bathrooms (2022), and pot lights (2022). Ideally located just moments from Lake Ontario, waterfront parks, scenic trails, and local amenities, this remarkable bungalow presents a rare opportunity to experience refined lakeside living in a sought-after community.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$6,894
Lot Size63.09 ft x 154.31 ft
mls© NumberX13559388
Listed ByRE/MAX ESCARPMENT GOLFI REALTY INC.

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%
$7,524
Property tax
$575
Heat allowance
$150
Housing costs
$8,248 / mo

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

Down payment20% · $293,980
25-yr amortization

Income needed

$254,000

gross annual household income

Payment at 4%
$6,186 / mo
Cash down
$293,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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