394 Lake St
Grimsby, L3M 4M5
FOR SALE
$744,999
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BEDROOMS1
BATHROOMS1 + 1
KITCHENS5
ROOMSX9397576
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Property Description
Welcome to your dream home in wine country, just a stroll away from Lake Ontario. Experience the best of both worlds with this stunning bungalow that combines modern elegance with country charm. Located on a private laneway offers a peaceful retreat, backed by a picturesque orchard ensuring utmost privacy. Inside, discover an airy open concept living space. The gourmet kitchen is a chefs delight with sleek quartz countertops and stainless-steel appliances. Light grain engineered hardwood flooring adds warmth and elegance throughout the home. Large picture windows flood the interior with natural light, offering stunning views of the lush outdoor scenery. The spacious living area is ideal for cozy evenings, while the spa-like bathroom provides a serene escape with luxurious finishes. The fully finished basement includes a gym floor, kitchenette, and laundry area. The gas-heated insulated garage offers ample storage, 60-amp panel and an excellent year-round workspace. A whole house water filtration system guarantees pure water for added convenience and peace of mind. Step outside to unwind while overlooking the expansive 175 ft deep backyard with lush trees. This homes location blends rural charm with modern convenience. Close to QEW, schools, parks, and shopping. Proximity to renowned wineries means enjoying wine tastings and vineyard tours at your leisure. Whether youre entertaining or seeking a peaceful retreat, this home offers it all. Dont miss the opportunity to make this delightful property your own slice of paradise.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-06-10 | 2024-10-16 | 128 | $775,000 | - | Terminated |
| 2023-03-03 | 2023-03-26 | 22 | $2,950 | - | Suspended |
| 2020-10-29 | 2020-11-02 | 4 | $649,900 | $645,000 | Sold |
Extras
Furnace (19), Electrical Panel(20), Windows(18), Bath (18), Finished Basement(20), Washer/Dryer (20), Water Softner (20)
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Property Details
Street
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
60' x 175'
Acreage
< .50
Fronting
East
Taxes
$3,805 (2024)
Basement
Finished, Full
Exterior
Brick, Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Pvt Double
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 10.01' x 12.01' | Quartz Counter, Stainless Steel Appl |
| Living | Main | 16.01' x 10.01' | Hardwood Floor |
| Dining | Main | 18.01' x 22.01' | Hardwood Floor |
| Br | Main | 10.99' x 8.01' | Hardwood Floor |
| Br | Main | 10.99' x 8.99' | Hardwood Floor |
| Rec | Bsmt | 33.99' x 14.99' | Broadloom |
| Kitchen | Lower | 8.01' x 10.99' |
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Grimsby Market Statistics
Grimsby Price Trend
394 Lake St is a 2-bedroom 1-bathroom home listed for sale at $744,999, which is $158,999 (27.1%) 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 Kingsway Real Estate
Similar Listings
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!
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This charming 2-bedroom bungalow, set on just under half an acre of mature, beautifully landscaped grounds in Grimsby, ON, offers both tranquility and convenience. The home features a spacious family room with a cozy gas potbelly stove and vaulted ceilings, creating a welcoming space for relaxation. The formal living room, complete with a wood-burning fireplace, is perfect for family gatherings and entertaining. Located just minutes from the Hospital, QEW, and GO Transit, this property is ideally positioned for easy access to major routes. Its just 30 minutes to the US border, 20 minutes to Hamilton, and an hour to Downtown Toronto. Families will appreciate being close to the new Secondary School. Enjoy the privacy of a large lot while still being close to all the amenities and transportation options you need. This is a fantastic opportunity to own a well-maintained home in a desirable location.
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