40 Esplanade Lane 614
Grimsby, L3M 0G9
FOR SALE
$819,900
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BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSX6658272
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Property Description
Gorgeous Penthouse unit for sale in the Lake House condos on Grimsby on the Lake. This beautiful carpet free 2 bedroom + den, top floor unit features 10 foot ceilings, open concept & extended windows with lots of natural light. Nice eat-in kitchen w/quartz countertops, stainless steel appliances, tiled backsplash & breakfast bar island. Primary bedroom w/walk-in closet & 3 pc ensuite bath. In-suite laundry & 4 pc main bathroom. Open balcony with tranquil lake view. Walking distance to beach, trails, shops and boutiques. Short drive to QEW and major amenities. Close to schools, parks, GO and mountain access. This is a must see unit & property.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-06-10 | 2022-09-08 | 92 | $839,900 | - | Expired |
Property Features
Beach, Lake/Pond, Library, Park, Public Transit, School
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$4,347 (2022)
Basement
None
Exterior
Brick, Stucco/Plaster
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.76' x 22.18' | |
| Kitchen | Main | 11.09' x 12.01' | |
| Den | Main | 6.33' x 10.99' | |
| Prim Bdrm | Main | 9.91' x 11.91' | |
| 2nd Br | Main | 9.91' x 10.33' |
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Grimsby Market Statistics
Grimsby Price Trend
40 Esplanade Lane 614 is a 2-bedroom 2-bathroom condo listed for sale at $819,900, which is $204,900 (33.3%) 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 New Era Real Estate
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