10 Esplanade Lane 617
Grimsby, L3M 0H1
FOR SALE
$514,900
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BEDROOMS1
BATHROOMS1
KITCHENS5
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Property Description
Welcome to 10 Esplanade Lane #617 also known as The Lakehouse. Located in Grimsby on the Lake, this 1 bedroom plus den condo unit is 642 sq. ft. and is on the top floor of the building. Enjoy the 10 high ceilings throughout the unit, freshly painted in 2024, with seamless flow from kitchen to living room, along with your own in-suite laundry room. Sit out on your 70 sq. ft. balcony and enjoy the unobstructed views of Lake Ontario. With a western-facing exposure, youll experience beautiful summer sunsets and views of the Toronto skyline over the water. Head down to the first floor and youll find the huge exercise room, the party room and games room for entertaining and the dog wash station at the front entrance. In the courtyard, youll find the well-maintained swimming pool with more beautiful views of Lake Ontario. The unit also comes with 1 underground parking space and 1 storage locker. This is one, you will not want to miss!
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Property Features
Beach, Lake/Pond, Marina, Park, Waterfront
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,562 (2023)
Basement
None
Exterior
Brick, Vinyl Siding
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Exclusive
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 8.83' x 5.68' | |
| Kitchen | Main | 11.09' x 10.66' | |
| Living | Main | 11.09' x 11.58' | |
| Prim Bdrm | Main | 8.99' x 11.32' | |
| Den | Main | 9.42' x 7.58' | |
| Bathroom | Main | 8.01' x 5.58' | 4 Pc Bath |
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Grimsby Market Statistics
Grimsby Price Trend
10 Esplanade Lane 617 is a 1-bedroom 1-bathroom condo listed for sale at $514,900, which is $85,472 (19.9%) higher than the average sold price of $429,428 in the last 30 days (April 2 - May 1). During the last 30 days the average sold price for a 1 bedroom condo in Grimsby declined by $59,147 (12.1%) compared to the previous 30 day period (March 3 - April 1) and down $20,572 (4.6%) from the same time one year ago.Inventory Change
There were 8 1-bedroom condos listed in Grimsby over the last 30 days (April 2 - May 1), which is down 38.5% compared with the previous 30 day period (March 3 - April 1) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Grimsby typically sold ($14,800) (3.4%) below asking price over the last 30 days (April 2 - May 1), which represents a $3,925 decrease compared to the previous 30 day period (March 3 - April 1) and ($6,900) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Grimsby over the last 30 days (April 2 - May 1) stood at 87.5%, up from 15.4% over the previous 30 days (March 3 - April 1) and up from 62.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Grimsby stood at 34 days when successfully sold over the last 30 days (April 2 - May 1), compared to 96 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Edge Realty
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