$1,500,000
For sale: Multiplex

Prominent Grimsby Heritage Home. Prime Investment. Solid Brick and stone, Built in 1900. This property offers 3247 above grade square footage, soaring ceilings, architectural character, stunning period details and thoughtfully updated with modern amenities. Four self contained units, consisting of 3 X 1 bedroom and 1 X 2 bedroom, each with a kitchen, 4 piece bathroom and private entry. Full unfinished basement with walk up, provides shared laundry, storage and utility area's. Property features a fenced backyard area plus 6 car parking, 1 space for each unit and 2 guest parking spots. Three units currently rented. Main floor 1 bedroom unit is vacant, ready to occupy or renovate and update. Rare opportunity, incredible potential for investors or owner occupiers alike. Ideal for couple or single professional looking to live in the vacant unit to offset mortgage/carrying costs or if your looking to enhance your real estate investment portfolio and capitalize on the long term value and growth potential. Situated along the wine route in Grimsby's Downtown core, among other period properties. Close proximity to all amenities, including parks, escarpment trails, shopping, schools, library, hospital and minutes to the QEW. Updates include: Boiler (2025), Owned water tank (2024) connected to Boiler system, sump pump (2025), Foyer, hallways, trim and doors painted (2024), Shingle (2021), Eaves, Downspouts and Gutter Guards (2020), Sprinkler System Update and Test (2024) Fire Inspection (2024) Be sure to click the Multi-media link for additional photo's, walk through tour and floorplans. Showings by appointment only, do not go direct.
Sold data
Homes in Grimsby East took a median of 22 days to sell over the last 365 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 55, across 102 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 52 days.
The median sale price was $827,400.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 102 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
Grimsby (Grimsby East) has 9 Fraser Institute–rated schools (8 elementary and 1 secondary), averaging 8.3/10.
School ratings from the Fraser Institute's Ontario school report cards.
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