40 Esplanade Lane 208
Grimsby, L3M 0G9
FOR SALE
$489,900
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BEDROOMS1
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Property Description
You don't want to miss out on this incredibly maintained, bright and modern one bedroom + den unit located in the booming Grimsby-on-the-lake community. With beautiful waterfront trails, shops, restaurants and easy highway access with all amenities minutes away. Your going to love the amenities with a spacious party room, gym & outdoor pool! With this condo, you're committing to a great lifestyle on the water. Come see for yourself.
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Property Features
Beach, Lake/Pond, Park
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,371 (2024)
Basement
None
Exterior
Brick, Stucco/Plaster
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Exclusive
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 12.24' x 10.07' | |
Living | Main | 10.24' x 10.01' | |
Prim Bdrm | Main | 9.74' x 14.83' | |
Den | Main | 7.74' x 10.40' |
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Grimsby Market Statistics
Grimsby Price Trend
40 Esplanade Lane 208 is a 1-bedroom 1-bathroom condo listed for sale at $489,900, which is $61,234 (14.3%) higher than the average sold price of $428,666 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 1 bedroom condo in Grimsby declined by $82,046 (16.1%) compared to the previous 30 day period (October 22 - November 20) and down $16,334 (3.7%) from the same time one year ago.Inventory Change
There were 7 1-bedroom condos listed in Grimsby over the last 30 days (November 21 - December 20), which is down 36.4% compared with the previous 30 day period (October 22 - November 20) and down 30.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Grimsby typically sold ($10,483) (2.4%) below asking price over the last 30 days (November 21 - December 20), which represents a $12,606 increase compared to the previous 30 day period (October 22 - November 20) and ($19,000) 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 1-bedroom condos in Grimsby over the last 30 days (November 21 - December 20) stood at 85.7%, down from 181.8% over the previous 30 days (October 22 - November 20) and up from 20.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Grimsby stood at 67 days when successfully sold over the last 30 days (November 21 - December 20), compared to 141 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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