40 Esplanade Lane 608
Grimsby, L3M 0G9
FOR SALE
$645,000
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2
BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSX8070360
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Property Description
Waterfront Resort Living! Strategic Location: Mins to QEW, Shopping, Restaurants, Beaches, Conservation Areas, Parks, Proposed Future Grimsby GO Station, Wine Country and more; Within 30 mins Drive to Hamilton/Niagara Falls! Very Bright & Beautiful Well Maintained Corner Penthouse Unit with Stunning Lake and Niagara Escaprment Views; Functional Layout with No Wasted Space; 10' Ceiling; Unit has 2 Balconies with 1 Wrap around Balcony, 2 Bedrooms with Double Closets, 2 Full Washrooms; Custom Design Closet Organizers Throughout the Unit; 2 Owned Underground Parking Spots right next to Elevator
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-07-05 | 2023-10-20 | 107 | $645,000 | - | Terminated |
| 2023-03-31 | 2023-06-20 | 81 | $799,000 | - | Terminated |
| 2019-01-09 | 2019-01-28 | 20 | $529,900 | $485,000 | Sold |
| 2018-10-23 | 2018-12-21 | 59 | $499,900 | - | Terminated |
Extras
Custom UV Window Coating except in 2nd bdrm; Extra Potlights in Kitchen; Undercounter Kitchen Lights; Ultra Quiet Dimmable Ceiling Fans; Upgraded Shower Fixtures; Cultery Drawers; Quartz Countertop; Pet Friendly Bldg with Pet Wash Station
Property Features
Beach, Grnbelt/Conserv, Lake/Pond, Park, Waterfront
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$4,011 (2023)
Basement
None
Exterior
Alum Siding, Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
2
Parking 1
Owned
Parking 2
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 18.01' x 12.99' | California Shutters, Ceiling Fan, Open Concept |
| Den | Main | 8.33' x 6.43' | Combined W/Dining |
| Kitchen | Main | 11.75' x 11.65' | Large Window, Centre Island, W/O To Balcony |
| Br | Main | 10.50' x 10.01' | 3 Pc Ensuite, Ceiling Fan, Double Closet |
| 2nd Br | Main | 8.99' x 10.01' | W/O To Balcony, Ceiling Fan, Double Closet |
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Grimsby Market Statistics
Grimsby Price Trend
40 Esplanade Lane 608 is a 2-bedroom 2-bathroom condo listed for sale at $645,000, which is $30,000 (4.9%) higher than the average sold price of $615,000 in the last 30 days (April 2 - May 1). During the last 30 days the average sold price for a 2 bedroom condo in Grimsby declined by $355,000 (36.6%) compared to the previous 30 day period (March 3 - April 1) and up $102,500 (20.0%) from the same time one year ago.Inventory Change
There were 10 2-bedroom condos listed in Grimsby over the last 30 days (April 2 - May 1), which is up 11.1% compared with the previous 30 day period (March 3 - April 1) and up 25.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Grimsby typically sold ($9,900) (1.6%) below asking price over the last 30 days (April 2 - May 1), which represents a $10,000 increase compared to the previous 30 day period (March 3 - April 1) and ($14,945) 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 condos in Grimsby over the last 30 days (April 2 - May 1) stood at 30.0%, down from 33.3% over the previous 30 days (March 3 - April 1) and up from 25.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Grimsby stood at 42 days when successfully sold over the last 30 days (April 2 - May 1), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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