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Listed 2 months ago

2 14th Street

540 - Grimsby Beach, Grimsby

$874,999

Detached|Bungalow
3 | 2 | 2
About this home

Rare Lakefront Bungalow with 50+ Feet of Lake Ontario Frontage.Lakefront living doesn't get much better than this! Tucked away on a quiet cul-de-sac in one of Grimsby's most sought-after waterfront communities, this rare 3-bedroom bungalow offers over 50 feet of Lake Ontario frontage with sweeping, unobstructed water views. Expansive windows fill the home with natural light while capturing the stunning lake views, creating a seamless connection between the interior and its beautiful surroundings. The thoughtfully designed layout offers convenient single-level living with spacious open-concept living and dining areas, a bright sunroom, and inviting spaces ideal for both everyday living and entertaining. A finished attic loft, accessed by pull-down ladder, provides versatile bonus space perfect for a home office, creative studio, reading nook, or additional storage. Step outside to beautifully landscaped grounds featuring enchanting English-style gardens, mature trees, colourful perennial beds, winding garden paths, and multiple outdoor spaces to relax, entertain, and enjoy the peaceful waterfront setting. This is a rare opportunity to bring your own vision and personal touch to a truly special property, offering the charm of a "cottage in the city" while maintaining everyday convenience. Located just minutes from downtown Grimsby, waterfront trails, shops, restaurants, schools, and quick QEW access. Enjoy peaceful lakeside living with exceptional convenience just outside your door. Some pictures have been virtually staged.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age100+
Size1500-2000 sq. ft.
Property Tax$8,388
Lot Size50.88 ft x 114.05 ft
mls© NumberX13667772
Listed ByROYAL LEPAGE REAL ESTATE SERVICES LTD.

Listing History

  • No recent sale history for this listing.
  • 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%
$4,479
Property tax
$699
Heat allowance
$150
Housing costs
$5,328 / mo

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

Down payment20% · $175,000
25-yr amortization

Income needed

$164,000

gross annual household income

Payment at 4%
$3,682 / mo
Cash down
$175,000

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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