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374 Book Rd
Grimsby | | L3M 2M6- 4 + 2
- 5
- 0
$1,099,000
Est. Mtg $3,726 /mo-
Days on market
110
-
Status
New
Home details
- MLS #:
X8468950
- Property type:
- Detached
- Style:
- Backsplit 3
- Taxes:
- $4,298
- Possession:
- Flexible
- Lot Front:
- 80.0 Feet
- Lot Depth:
- 124.0 Feet
- Basement:
- Apartment | Crawl Space
- Driveway Pkg:
- 7
- Heat:
- Gas | Forced Air
Description
374 Book Rd, , Grimsby, Ontario is a Detached property in Grimsby and in the community in the L3M 2M6 postal code
Do Not Miss This exceptional income-producing property offers over 8% cash flow with a gross annual revenue exceeding $96K. Fully tenanted on month-to-month leases, this property includes 3 kitchens, 3 laundries, 7 bedrooms, and 5 washrooms. Approved permits are in place to build a double-car garage with additional units, providing great expansion potential. The large 80 by 124 ft. yard offers a serene and private setting, ideal for relaxation or hosting outdoor gatherings. Located just minutes from the beautiful lakeside neighborhood of Bal Harbor, walk to Lake, Parks, Be part of an amazing, quiet, peaceful community. Easy access to Bell Park, recreational activities, the Bruce Trail, conservation areas, farmers markets, shopping, dining and wineries. Commuters will appreciate the quick access to the QEW. This property is a perfect blend of excellent rental income potential and a prime location..
Extras
just off the QEW, near the lake and boasts great future development potential with some permits already in place. Situated on a huge corner lot, offers positive cash flow from the start, generating $8,000 per month in gross income..
History
Sign in for full access| List Date | End Date | List Price | End Price | Status | MLS # |
| 2023-11 | 2024-03 | $1,435,000 | $1,300,000 | Ter | X7291820 |
| 2024-03 | 2024-04 | $1,299,900 | $1,299,900 | Ter | X8123330 |
| 2024-04 | 2024-05 | $1,299,900 | $1,299,900 | Ter | X8290166 |
| 2024-05 | 2024-06 | $999,900 | $999,900 | Ter | X8301956 |
| 2024-06 | 2024-07 | $1,099,000 | $1,099,000 | New | X8468950 |
Comparables
Sign in for full access| sold Date | Address | List Price | sold Price | DOM |
| 2024-09 | 6 Stephen St, | $675,000 | $662,500 | 11 |
| 2024-08 | 3 ENGLEHART Crt, | $599,900 | $580,000 | 12 |
| 2024-08 | 237 Musquash Rd, | $525,000 | $495,000 | 42 |
| 2024-07 | 11 Daimler Dr, | $849,000 | $848,000 | 9 |
| 2024-06 | 9469 Cedar Creek Tr, | $1,449,000 | $1,350,000 | 50 |
| 2024-06 | 28 Varley Cres, | $899,900 | $884,250 | 83 |
| 2024-05 | 243 Westforest Tr, | $775,000 | $825,000 | 9 |
| 2024-05 | 41 Queenston Cres, | $874,900 | $1,007,000 | 5 |
| 2024-04 | 208 Rosebank Pl, | $600,000 | $650,000 | 9 |
| 2024-04 | 76 Stonyburn Cres, | $875,000 | $850,000 | 19 |
| 2024-04 | 479 Brentcliffe Dr, | $1,100,000 | $1,200,000 | 8 |
| 2024-03 | 27 Goodwillie Dr, | $700,000 | $695,000 | 23 |
| 2024-02 | 144 Elma St, | $549,900 | $630,000 | 9 |
| 2024-01 | 35 Manor Cres, | $469,900 | $459,000 | 8 |
| 2024-01 | 1233 Lazier Rd E, | $699,900 | $690,000 | 107 |
Statistics: TRREB Market Watch - JUNE 2023
Municipality activity Detached
Sale activity
Grimsby :
Municipality activity All Property Types
Sale activity
Grimsby :
Estimated running costs for 374 Book Rd
Based on available 3rd party data
Approximate costs per month
- Mortgage
- $3726 p/m
- Energy
- from $75 p/m
- Water
- from $40 p/m
- Home insurance
- from $20 p/m
- Taxes
- $358 p/m
- Maintenance
- $0 p/m
Amenities:
Features:
-
Fenced Yard
-
Lake Access
-
Park
-
Public Transit
-
School Bus Route
Payment calculator
-
Principal and Interest
3726 /mo
-
Property Taxes
$358 /mo
-
Yearly Condo Fees
$0
* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.
P2 Realty Brokerage
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