487 Ridge Rd E

Grimsby, L3M 0K5
FOR SALE
$1,999,000
487 Ridge Rd E, Grimsby
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
487 Ridge Rd E
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4
BEDROOMS
3
BATHROOMS
1
KITCHENS
9
ROOMS
X8203026
MLSID
Contact Us
Property Description
This newly renovated home features a 17' vaulted living room, 3 bedrooms, 1 office, and a modern triple-insulated garage with double entry doors. The kitchen boasts glossy white cabinets, quartz countertops, a waterfall island, and appliances. The primary suite includes a modern soaker tub, waterfall shower, floating vanity, and a walk-in closet. The house has an energy-efficient heat pump & Starlink internet. The gated property offers ample parking, a stone patio with a pergola, a rear deck with garden views, and gazebo. Additionally, there's a water filter, UV sterilization, and a water softener. This 1-acre retreat backs onto the serene Niagara Escarpment and Bruce Trails for a secluded haven. Imagine stepping into your private oasis, where you can unwind and entertain in style. Don't miss out on this unique opportunity!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-01-19 2024-04-04 76 $2,190,000 - Terminated
2024-01-19 2024-04-04 76 $2,190,000 - Terminated
2023-09-20 2023-12-20 91 $2,290,000 - Expired
Extras
Heat Pump & AC (Lennox 2018), Electric Water Heater (2018), Stainless steel Fridge, Electric Stove, Range Hood, Dishwasher, Wall Oven/Microwave, Washer and Dryer, ELF's, Existing window Coverings, Electric Fireplaces x 2
Property Features
Ravine
Property Details
Street
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
120' x 370'
Fronting
East
Taxes
$7,155 (2023)
Basement
Crawl Space, Unfinished
Exterior
Brick Front, Wood
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Water
Other
Parking Spaces
8
Driveway
Circular
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FoyerGround16.40' x 19.69'Porcelain Floor, Hardwood Floor
Great RmGround14.11' x 19.69'Vaulted Ceiling, Ceiling Fan, Electric Fireplace
DiningGround11.48' x 14.11'Hardwood Floor
KitchenGround13.78' x 21.33'Centre Island, Porcelain Floor
FamilyGround13.78' x 25.92'Ceiling Fan, Electric Fireplace
OfficeGround9.84' x 13.12'Hardwood Floor, Casement Windows, Closet
Powder RmGround5.25' x 5.91'Porcelain Floor, Casement Windows
LaundryGround8.53' x 21.33'Laminate
Prim Bdrm2nd14.76' x 19.03'4 Pc Ensuite, W/I Closet, Balcony
Bathroom2nd6.56' x 7.87'3 Pc Bath, Porcelain Floor
Br2nd9.84' x 16.08'Hardwood Floor, Balcony
Br2nd11.81' x 13.78'Hardwood Floor, Balcony
Grimsby Market Statistics
Grimsby Price Trend
487 Ridge Rd E is a 4-bedroom 3-bathroom home listed for sale at $1,999,000, which is $887,334 (79.8%) higher than the average sold price of $1,111,666 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 4 bedroom home in Grimsby increased by $123,666 (12.5%) compared to the previous 30 day period (February 29 - March 29) and down $78,334 (6.6%) from the same time one year ago.
Inventory Change
There were 13 4-bedroom homes listed in Grimsby over the last 30 days (March 30 - April 28), which is down 0.0% compared with the previous 30 day period (February 29 - March 29) and up 85.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Grimsby typically sold ($28,300) (2.5%) below asking price over the last 30 days (March 30 - April 28), which represents a $17,300 decrease compared to the previous 30 day period (February 29 - March 29) and ($76,400) 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 4-bedroom homes in Grimsby over the last 30 days (March 30 - April 28) stood at 69.2%, up from 53.8% over the previous 30 days (February 29 - March 29) and down from 142.9% 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 28 days when successfully sold over the last 30 days (March 30 - April 28), compared to 35 days before being removed from the market upon being suspended or terminated.
Listing contracted with Retrend Realty Ltd
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