3 Phelps Ave

Grimsby, L3M 4W6
FOR SALE
$839,900
3 Phelps Ave, Grimsby
3 Phelps Ave
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4
BEDROOMS
3
BATHROOMS
1
KITCHENS
7
ROOMS
X8180522
MLSID
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Property Description
Welcome to this beautiful 1771 sq ft 4-bed home just steps to the lake! Nestled on a quiet tree-lined dead-end street with only 1 other home directly across from a parkette. This home offers a serene escape but is just moments to amenities and the highway. Inside, a spacious layout awaits, featuring a bright living areas, country kitchen, and four sunlit bedrooms. The finished basement offers versatility for recreation or relaxation. Outside, the backyard oasis beckons with its in-ground saltwater pool, perfect for summer fun. Situated in a sought-after neighbourhood with plenty of room for a growing family. Key dates: Saltwater system for pool 2021, pool liner 2021, Central Vacuum 2022.
Property Details
Property Type
Detached, 2-Storey
Lot Size
117' x 58'
Acreage
< .50
Fronting
South
Taxes
$5,023 (2024)
Basement
Full
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Front Yard
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
DiningMain18.24' x 11.25'
KitchenMain15.85' x 11.52'
BathroomMain7.84' x 5.58'2 Pc Bath
Bathroom2nd11.32' x 5.51'4 Pc Bath
Prim Bdrm2nd14.34' x 12.24'
2nd Br2nd12.60' x 9.25'
3rd Br2nd11.25' x 9.25'
4th Br2nd12.40' x 9.25'
RecBsmt15.68' x 17.59'
BathroomBsmt6.76' x 6.00'3 Pc Bath
Grimsby Market Statistics
Grimsby Price Trend
3 Phelps Ave is a 4-bedroom 3-bathroom home listed for sale at $839,900, which is $222,100 (20.9%) lower than the average sold price of $1,062,000 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 4 bedroom home in Grimsby declined by $87,950 (7.6%) compared to the previous 30 day period (February 19 - March 19) and down $128,000 (10.8%) from the same time one year ago.
Inventory Change
There were 15 4-bedroom homes listed in Grimsby over the last 30 days (March 20 - April 18), which is up 15.4% compared with the previous 30 day period (February 19 - March 19) and up 200.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Grimsby typically sold ($28,940) (2.7%) below asking price over the last 30 days (March 20 - April 18), which represents a $28,940 decrease compared to the previous 30 day period (February 19 - March 19) and ($76,400) 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 (March 20 - April 18) stood at 100.0%, up from 30.8% over the previous 30 days (February 19 - March 19) and down from 200.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Grimsby stood at 20 days when successfully sold over the last 30 days (March 20 - April 18), compared to 35 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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