374 Book Road, Grimsby, ON L3M 2M6

$799,998
5
BD
5
BA
1,100
SqFt

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List Price
$799,998
MLS#
X13749276
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
Backsplit 3
Bedrooms
5
Bathrooms
5
Living Area
1100-1500
Province
ON
Municipality
Grimsby
Area
Niagara
Neighborhood
540 - Grimsby Beach
Subdivision
Lake St. & Book Rd.

Property Description

Beautiful Detached House for Sale in Grimsby beach community, Over 10,000 sq ft. Corner lot, walking distance to Lake Ontario, Don't miss this rare income-generating opportunity in the heart of South Grimsby, just minutes from the serene shores of Lake Ontario. This spacious and well-maintained detached bungalow offers a flexible layout ideal for investors or multi-generational living. Currently fully tenanted on month-to-month leases, the home features 3 self-contained kitchens, 3 private laundry areas, 7 bedrooms, and 5 full bathrooms, offering strong and steady rental income potential. Sitting on a generous 80 x 124 ft. lot, the property also includes approved permits to build a double-car garage , providing excellent opportunity for future expansion and added value. Whether you're looking to grow your investment portfolio or live in one unit while renting the others, this home delivers unmatched versatility. The private backyard is surrounded by mature trees, creating a peaceful outdoor retreat perfect for relaxing or hosting gatherings. The location is ideal just a short stroll to Bal Harbor, with lake access, scenic parks, and quiet residential charm. Enjoy close proximity to Bell Park, the Bruce Trail, local conservation areas, farmers markets, shopping, dining, and some of Niagara region's best wineries. Commuters will love the easy access to the QEW, connecting you to both the Niagara Region and the GTA in minutes. This property offers a unique blend of immediate rental income, future development potential, and a prime location near nature, amenities, and transit. an excellent investment in one of Grimsby most peaceful and picturesque neighborhoods.

Additional Information

Taxes
$4,820
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Lot Depth
124
Kitchens
3
Exterior
Brick, Aluminum Siding
Garage Type
None
Pool
None
Parking Spaces
7
Parking Type
Private

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of HOMELIFE/MIRACLE REALTY LTD.