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New3 days ago

15 Karen Crescent

541 - Grimsby West, Grimsby

$899,900

Detached|Bungalow
3 | 2 | 3
About this home

Welcome to this charming 1,200 sq. ft. bungalow nestled in a mature, established neighborhood, just a short walk to the beautiful shores of Lake Ontario. Featuring 3 bedrooms, 2 full bathrooms, and a finished basement, this home offers comfortable living space for families, downsizers, or anyone looking to enjoy a relaxed lakeside lifestyle. The dining room features patio doors that open directly onto the rear yard, creating a seamless connection between indoor and outdoor living. Step outside to enjoy the in-ground swimming pool, with depths ranging from 3 to 10 feet, perfect for summer entertaining, relaxing, and making lasting memories with family and friends. Located in a desirable, mature neighborhood close to the lake, this property offers a wonderful opportunity to enjoy comfortable living with the added appeal of your own private backyard retreat.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$5,226
Lot Size55.1 ft x 133.06 ft
mls© NumberX14084666
Listed ByRE/MAX GARDEN CITY REALTY INC, BROKERAGE

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%
$4,606
Property tax
$436
Heat allowance
$150
Housing costs
$5,192 / mo

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

Down payment20% · $179,980
25-yr amortization

Income needed

$160,000

gross annual household income

Payment at 4%
$3,787 / mo
Cash down
$179,980

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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