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542 - Grimsby East, Grimsby
$669,000
Situated in a peaceful cul-de-sac just a short stroll from downtown Grimsby, this charming 1 1/2 storey home offers surprisingly spacious living, reassurance from having been unaffected by previous local flooding, and a prime location minutes from the GO station and highway. The main floor features a cozy family room complete with a unique wood-burning fireplace, a spacious eat-in kitchen with a secondary entrance, a convenient laundry area, two well-proportioned bedrooms, and an updated 3-piece bathroom. The entire second level is dedicated to a private primary suite equipped with its own ductless split A/C unit. Outside, enjoy a serene backyard featuring a large deck and storage shed. Key Updates & Improvements: 2023: 3 new windows installed 2021: Repainted interior walls; crawl space fully updated with new spray foam insulation and vapor barriers for enhanced energy efficiency 2018: New interior and exterior doors; new carpeting throughout 2017 & 2018: Ductless split A/C units added 2016: New roof and exterior siding 2015: New direct-vent furnace.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,188 |
| Lot Size | 41.5 ft x 85 ft |
| mls© Number | X13678126 |
| Listed By | HOMELIFE BROADWAY REALTY INC. |
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%
- $3,424
- Property tax
- $266
- Heat allowance
- $150
- Housing costs
- $3,840 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$118,000
gross annual household income
- Payment at 4%
- $2,815 / mo
- Cash down
- $133,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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