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540 - Grimsby Beach, Grimsby
$649,900
BEACHSIDE CHARM MEETS MODERN COMFORT! Welcome to 429 Elizabeth Street, a thoughtfully renovated brick bungalow in the sought-after Grimsby Beach district. Set on an impressive 191-foot deep lot, this charming home blends character, modern updates, and an unbeatable location steps from the lake and the historic Elizabeth Street Pumphouse. Perfect for first-time buyers, downsizers, or those seeking a peaceful lakeside retreat. Inside, a warm slate-tiled entryway leads to a spacious open-concept living and dining area featuring luxury vinyl plank flooring, crown moulding, and pot lights. The living room is wired for a gas fireplace or TV wall mount (gas line in place). The updated kitchen offers slate tile, a gas stove, ample cabinetry, laminate countertops, a pantry, and an above-range microwave. Originally a 3-bedroom home, the current layout features 2 bedrooms plus a versatile den, office, or mudroom with a closet and laundry rough-ins-easily converted back to a 3rd bedroom. The primary bedroom includes a stylish barn door, while the second bedroom features a wardrobe and crown moulding. The fully renovated 4-piece bathroom boasts porcelain tile, a quartz vanity, a new window, and a luxurious soaker tub. Key mechanical updates include basement waterproofing (2020), a sump pump, new basement wiring, and an updated water shutoff. Shingles and roof plywood were replaced in 2023, and a brand-new deck was added in 2025 for outdoor dining and entertaining. Enjoy a relaxed lakeside lifestyle with the beach, walking trails, parks, schools, and downtown Grimsby just a short stroll away, plus quick 2-minute QEW access for easy commuting. Move-in ready and full of character!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,848 |
| Lot Size | 72.5 ft x 191 ft |
| mls© Number | X14080342 |
| Listed By | EXP 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%
- $3,326
- Property tax
- $404
- Heat allowance
- $150
- Housing costs
- $3,881 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$119,000
gross annual household income
- Payment at 4%
- $2,735 / mo
- Cash down
- $129,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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