229 Main St W

Grimsby, L3M 1S1
FOR SALE
$790,000
229 Main St W, Grimsby
229 Main St W
229 Main St W
229 Main St W
229 Main St W
229 Main St W
229 Main St W
229 Main St W
229 Main St W
229 Main St W
229 Main St W
229 Main St W
229 Main St W
229 Main St W
229 Main St W
229 Main St W
229 Main St W
229 Main St W
229 Main St W
229 Main St W
229 Main St W
229 Main St W
229 Main St W
229 Main St W
229 Main St W
229 Main St W
229 Main St W
229 Main St W
229 Main St W
229 Main St W
229 Main St W
229 Main St W
229 Main St W
229 Main St W
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
8
ROOMS
X9360264
MLSID
Contact Us
Property Description
This unique property offers different options including an incredible opportunity to possibly build your dream home on a spacious 1.5-acre lot in the scenic Grimsby Escarpment. With dimensions of approximately 75ft by 888ft, this expansive property offers the perfect canvas for a custom-built residence that captures the essence of city and country living (subject to approvals from the relevant authorities). Boasting a unique blend of cleared space and wooded back lot, you could create a home that suits your lifestyle. Imagine waking up each day to the tranquility of nature right outside your window, with ample space for gardens, outdoor living areas, or even a private trail through the trees. The existing home, with 1,560 square feet, 2 bedrooms & 1 bath, is certainly livable while you plan your personal touch renovations to the existing home and/or consider building a new residence on the property. The current home features charming details like porcelain tile floors, a fireplace in the living room, a clawfoot soaker tub, and French doors in the loft area that open to let in natural light. Whether you envision a modern architectural masterpiece or a timeless country estate, this property's size and natural surroundings provide endless possibilities. Seize this rare opportunity to create a truly unique living experience in one of Grimsby's most desirable locations. Ready to bring your visions to life? Call today to explore the potential of this stunning lot!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-08-09 2024-09-20 42 $899,000 - Terminated
2022-08-02 2022-09-10 39 $3,000 $2,700 Leased
2022-08-29 2022-09-12 14 $735,000 $710,000 Sold
2022-05-25 2022-07-31 74 $825,000 - Expired
2022-04-08 2022-04-27 21 $999,900 $968,000 Sold
Property Features
Grnbelt/Conserv, Hospital, Place Of Worship, Rec Centre, Sloping, Wooded/Treed
Property Details
Street
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
76' x 888'
Acreage
.50-1.99
Fronting
South
Taxes
$6,775 (2024)
Basement
None
Exterior
Metal/Side
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Pvt Double
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenMain9.68' x 16.93'Porcelain Floor, Quartz Counter
DiningMain12.01' x 13.09'Separate Rm
LivingMain13.42' x 23.00'Gas Fireplace
UtilityMain14.67' x 6.50'
Prim Bdrm2nd14.24' x 14.50'Hardwood Floor
2nd Br2nd8.43' x 11.25'Hardwood Floor
Loft2nd13.25' x 20.18'Hardwood Floor
Bathroom2nd9.58' x 13.58'
Grimsby Market Statistics
Grimsby Price Trend
229 Main St W is a 2-bedroom 1-bathroom home listed for sale at $790,000, which is $204,000 (34.8%) higher than the average sold price of $586,000 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 2 bedroom home in Grimsby declined by $136,428 (18.9%) compared to the previous 30 day period (October 22 - November 20) and down $174,750 (23.0%) from the same time one year ago.
Inventory Change
There were 5 2-bedroom homes listed in Grimsby over the last 30 days (November 21 - December 20), which is up 25.0% compared with the previous 30 day period (October 22 - November 20) and up 150.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Grimsby typically sold ($11,950) (2.0%) below asking price over the last 30 days (November 21 - December 20), which represents a $758 decrease compared to the previous 30 day period (October 22 - November 20) and ($21,650) more 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 2-bedroom homes in Grimsby over the last 30 days (November 21 - December 20) stood at 40.0%, down from 350.0% over the previous 30 days (October 22 - November 20) and down from 300.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Grimsby stood at 41 days when successfully sold over the last 30 days (November 21 - December 20), compared to 85 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Macro Realty
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