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542 - Grimsby East, Grimsby
$1,099,000
Welcome to 131 Terrace Drive, a beautifully appointed 2024 Branthaven "Willson" model offering 2,420 sq. ft. of thoughtfully designed above-grade living space. Featuring 4 spacious bedrooms, 2.5 bathrooms and over $23,000 in builder upgrades, this home combines modern style with everyday functionality. The open-concept main floor showcases a bright 16' x 20' living room and a chef-inspired kitchen featuring granite countertops, stainless steel appliances, an oversized island and breakfast bar. Convenient main-floor laundry adds to the practical layout. Upstairs, the impressive primary suite offers a private sitting area, extensive custom closet storage and a luxurious ensuite with a frameless glass shower and tiled niche. Three additional bedrooms provide plenty of space for family, guests or a home office. The full unfinished basement includes a 3-piece bathroom rough-in and excellent potential for future living space. Additional upgrades include 200-amp electrical service, a two-hit surge protector installed on the breaker panel, ready-to-use gas lines for the range and BBQ, tankless hot water, an HRV system, and central air. The upgraded double garage features insulated doors, two garage-door openers and an R12-insulated wall. Enjoy a fully fenced backyard backing onto mature trees for added privacy. Set in a family-friendly Grimsby neighbourhood close to Nelles Public School, West Niagara Secondary School, the YMCA, parks, downtown shops and restaurants. Minutes from the Niagara Escarpment, Bruce Trail, Lake Ontario waterfront, wineries and QEW access to Hamilton, Burlington and the GTA. Balance of Tarion new-home warranty included.
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| Type | Detached |
| Style | Contemporary |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $7,721 |
| Lot Size | 13.68 metres x 30.01 metres |
| mls© Number | X13703408 |
| Listed By | RIGHT AT HOME REALTY |
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%
- $5,625
- Property tax
- $643
- Heat allowance
- $150
- Housing costs
- $6,419 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$197,000
gross annual household income
- Payment at 4%
- $4,625 / mo
- Cash down
- $219,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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