27 Mountain St
Grimsby, L3M 3J9
FOR SALE
$999,000
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4
BEDROOMS2
BATHROOMS2
KITCHENS12 + 2
ROOMSX8009582
MLSIDContact Us
Property Description
Rare opportunity to own 2,694 sq ft legal non-conforming duplex nestled in the heart of Grimsby along the Niagara Escarpment. Zoned TRM this property is perfect for residential investor or owner looking to occupy 1 apt & receive a return on the rest of their investment. The Century Home was remodeled in 19 & sits on a beautiful oversized lot w/ 4 parking spaces & garden shed for addt'l storage. The main floor apartment features two bedrooms, updated 4 pc bathroom, new Kitchen with granite countertops, living room w/ wainscoting & fireplace, & new hardwood & California shutters throughout. The upstairs apartment features two bedrooms, updated 4 pc bathroom, a remodeled kitchen with granite counters, dining room, living room, new vinyl plank flooring & California shutters throughout. There are two Boilers (one new in 2021), two Central Air units, two Hot Water Heaters (one new in 2022), two 100 amp breaker panels, laundry for each unit in the basement & each unit is separately metered.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-04-24 | 2020-06-03 | 40 | $894,000 | - | Suspended |
| 2019-03-05 | 2019-07-08 | 125 | $530,000 | $495,000 | Sold |
Property Features
Arts Centre, Grnbelt/Conserv, Hospital, Library, Park, Place Of Worship
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Property Details
Street
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
49' x 161'
Acreage
< .50
Fronting
East
Taxes
$3,973 (2023)
Basement
Full, Unfinished
Exterior
Alum Siding
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 11.52' x 11.84' | |
| Dining | Main | 9.42' x 12.07' | |
| Living | Main | 11.84' x 18.50' | |
| Prim Bdrm | Main | 9.68' x 12.07' | |
| 2nd Br | Main | 8.66' x 10.99' | |
| Kitchen | 2nd | 11.52' x 11.84' | |
| Dining | 2nd | 6.66' x 8.07' | |
| Living | 2nd | 11.58' x 19.16' | |
| Prim Bdrm | 2nd | 9.68' x 12.07' |
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Grimsby Market Statistics
Grimsby Price Trend
27 Mountain St is a 4-bedroom 2-bathroom home listed for sale at $999,000, which is $26,833 (2.6%) lower than the average sold price of $1,025,833 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 4 bedroom home in Grimsby declined by $15,000 (1.4%) compared to the previous 30 day period (March 15 - April 13) and down $146,167 (12.5%) from the same time one year ago.Inventory Change
There were 12 4-bedroom homes listed in Grimsby over the last 30 days (April 14 - May 13), which is down 7.7% compared with the previous 30 day period (March 15 - April 13) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Grimsby typically sold ($39,150) (3.8%) below asking price over the last 30 days (April 14 - May 13), which represents a $10,000 decrease compared to the previous 30 day period (March 15 - April 13) and ($49,900) 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 4-bedroom homes in Grimsby over the last 30 days (April 14 - May 13) stood at 50.0%, down from 92.3% over the previous 30 days (March 15 - April 13) and down from 83.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Grimsby stood at 27 days when successfully sold over the last 30 days (April 14 - May 13), compared to 50 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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