3 Forest Rd

Grimsby, L3M 2J2
FOR SALE
$984,900
3 Forest Rd, Grimsby
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
7
ROOMS
X8162638
MLSID
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Property Description
BIGGER THAN IT LOOKS! This renovated side split home presents a fantastic opportunity for families or investors. Revel in the new kitchen, updated baths, flooring, and quartz countertops on a spacious 70 x 117 property. Summertime fun is guaranteed with the private backyard boasting an inground pool. Walk to the lake, parks, and schools from this 3 + 1 bedroom, 2 bath, 3-level property. Great curb appeal includes an attached double garage, concrete double drive, and fully fenced backyard. The main level impresses with a living room featuring an XL bay window, separate dining room, and kitchen. An addition on the main floor houses a family room with a brick surround wood stove fireplace, walkout to the yard, and a mudroom with garage access. Upstairs, discover three bedrooms and a four-piece bath. Lower level potential for in-law/rental income with bath, laundry, walk-up to yard. Updates: roof, eaves, windows, A/C, pool pump. Near downtown, QEW for convenience & charm
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-06-09 2023-06-14 5 $825,000 $800,000 Sold
Property Details
Street
Property Type
Detached, Sidesplit 3
Approximate Sq.Ft.
1100-1500
Lot Size
71' x 117'
Acreage
< .50
Fronting
South
Taxes
$4,950 (2024)
Basement
Finished, Walk-Up
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Wood
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain16.17' x 11.42'
DiningMain9.15' x 9.58'
FamilyMain21.26' x 11.68'Fireplace
KitchenMain11.25' x 9.51'
Br2nd10.33' x 9.84'
Br2nd11.25' x 8.92'
Prim Bdrm2nd16.01' x 10.66'
KitchenLower10.50' x 7.74'
RecLower17.59' x 10.40'
Grimsby Market Statistics
Grimsby Price Trend
3 Forest Rd is a 3-bedroom 2-bathroom home listed for sale at $984,900, which is $41,834 (4.4%) higher than the average sold price of $943,066 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 3 bedroom home in Grimsby declined by $1,934 (0.2%) compared to the previous 30 day period (February 19 - March 19) and up $83,836 (9.8%) from the same time one year ago.
Inventory Change
There were 19 3-bedroom homes listed in Grimsby over the last 30 days (March 20 - April 18), which is down 13.6% compared with the previous 30 day period (February 19 - March 19) and up 11.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Grimsby typically sold ($36,193) (3.8%) below asking price over the last 30 days (March 20 - April 18), which represents a $21,293 decrease compared to the previous 30 day period (February 19 - March 19) and ($24,876) 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 3-bedroom homes in Grimsby over the last 30 days (March 20 - April 18) stood at 78.9%, up from 68.2% over the previous 30 days (February 19 - March 19) and up from 76.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Grimsby stood at 12 days when successfully sold over the last 30 days (March 20 - April 18), compared to 23 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Golfi Realty Inc.
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