38 Banburry Cres
540 - Grimsby Beach, Grimsby, L3M 4N8
FOR SALE
$1,295,000

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Property Description
Welcome to this stunning two-storey home in the highly sought-after Bal Harbour neighborhood of Grimsby, just steps from Lake Ontario and conveniently close to the QEW. This ultimate retreat features a beautiful rear yard backing onto a peach orchard, complete with an in-ground pool and multiple entertainment spaces, perfect for gatherings. The custom-designed Timberwood kitchen, built in 2019 with the expertise of a professional HGTV designer, overlooks the serene yard and orchard. It boasts high-quality finishes and porcelain tile flooring that flows throughout the main floor. The living, dining, and family rooms showcase highly resistant "strand woven" bamboo flooring, which adds elegance and durability. The second floor features four generous bedrooms, including a spacious primary suite with a luxurious four-piece ensuite. In 2022, both the main bath and ensuite underwent complete renovations, featuring modern porcelain tile finishes. The fully finished basement includes a large rec room, an additional bedroom currently used as an office, a home gym, and ample storage, all updated with new windows and flooring. Additional updates include a new roof installed in 2018, a new pool liner in 2020, and a pool robot vacuum for effortless maintenance. The front walkway was redone in 2024, adding to the home's curb appeal, which is further enhanced by professional landscaping. With numerous updates throughout, and an attached two-car garage, this home is truly a must-see!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-09-30 | 2025-02-13 | 136 | $1,399,900 | - | Terminated |
Property Features
Golf, Lake/Pond, Public Transit
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
56' x 125'
Acreage
< .50
Fronting
East
Taxes
$6,672 (2024)
Basement
Finished, Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Rec | Bsmt | 25.00' x 10.99' | |
Br | Bsmt | 10.76' x 16.01' | |
Dining | Main | 10.99' x 12.01' | |
Kitchen | Main | 10.99' x 14.99' | |
Living | Main | 10.99' x 16.99' | |
Family | Main | 16.99' x 10.99' | |
Sunroom | Main | 12.01' x 12.01' | |
Br | 2nd | 10.01' x 11.42' | |
Br | 2nd | 10.01' x 11.42' | |
Br | 2nd | 14.99' x 11.42' | |
Prim Bdrm | 2nd | 11.52' x 18.01' |
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Grimsby Market Statistics
Grimsby Price Trend
38 Banburry Cres is a 4-bedroom 3-bathroom home listed for sale at $1,295,000, which is $246,250 (23.5%) higher than the average sold price of $1,048,750 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Grimsby declined by $601,250 (36.4%) compared to the previous 30 day period (December 22 - January 20) and down $48,750 (4.4%) from the same time one year ago.Inventory Change
There were 8 4-bedroom homes listed in Grimsby over the last 30 days (January 21 - February 19), which is up 300.0% compared with the previous 30 day period (December 22 - January 20) and down 11.1% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Grimsby typically sold ($26,225) (2.5%) below asking price over the last 30 days (January 21 - February 19), which represents a $23,575 increase compared to the previous 30 day period (December 22 - January 20) and ($20,444) 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 4-bedroom homes in Grimsby over the last 30 days (January 21 - February 19) stood at 50.0%, down from 50.0% over the previous 30 days (December 22 - January 20) and down from 66.7% 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 54 days when successfully sold over the last 30 days (January 21 - February 19), compared to 107 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Niagara Realty Ltd., Brokerage
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