487 Ridge Rd E
Grimsby, L3M 0K5
FOR SALE
$1,899,000
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3
BEDROOMS3
BATHROOMS1
KITCHENS10
ROOMSX9511385
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Property Description
This newly renovated home features 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 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 back 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!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-06-11 | 2024-07-31 | 50 | $1,799,000 | - | Terminated |
2024-04-04 | 2024-06-11 | 68 | $1,999,000 | - | Terminated |
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 |
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Property Details
Street
City
Property Type
Detached, 2-Storey
Lot Size
120' x 370'
Fronting
East
Taxes
$7,155 (2023)
Basement
Crawl Space
Exterior
Brick Front, Wood
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Water
Other
Parking Spaces
10
Driveway
Circular
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Foyer | Ground | 16.40' x 19.69' | Porcelain Floor, Hardwood Floor |
Great Rm | Ground | 14.11' x 19.69' | Vaulted Ceiling, Ceiling Fan, Electric Fireplace |
Dining | Ground | 11.48' x 14.11' | Hardwood Floor |
Kitchen | Ground | 13.78' x 21.33' | Centre Island, Porcelain Floor, B/I Oven |
Family | Ground | 13.78' x 25.92' | Ceiling Fan, Electric Fireplace, Hardwood Floor |
Laundry | Ground | 8.53' x 21.33' | Laminate |
Office | Ground | 9.84' x 13.12' | Hardwood Floor |
Prim Bdrm | 2nd | 9.84' x 16.08' | Hardwood Floor, Balcony, 4 Pc Ensuite |
2nd Br | 2nd | 9.84' x 16.08' | Hardwood Floor, Balcony |
3rd Br | 2nd | 11.81' x 14.11' | Hardwood Floor, Balcony |
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Grimsby Market Statistics
Grimsby Price Trend
487 Ridge Rd E is a 3-bedroom 3-bathroom home listed for sale at $1,899,000, which is $1,009,125 (113.4%) higher than the average sold price of $889,875 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom home in Grimsby increased by $118,209 (15.3%) compared to the previous 30 day period (September 1 - September 30) and up $127,375 (16.7%) from the same time one year ago.Inventory Change
There were 21 3-bedroom homes listed in Grimsby over the last 30 days (October 1 - October 30), which is down 0.0% compared with the previous 30 day period (September 1 - September 30) and up 5.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Grimsby typically sold ($16,587) (1.9%) below asking price over the last 30 days (October 1 - October 30), which represents a $8,313 increase compared to the previous 30 day period (September 1 - September 30) and ($12,749) less 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 3-bedroom homes in Grimsby over the last 30 days (October 1 - October 30) stood at 76.2%, up from 42.9% over the previous 30 days (September 1 - September 30) and up from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Grimsby stood at 38 days when successfully sold over the last 30 days (October 1 - October 30), compared to 38 days before being removed from the market upon being suspended or terminated.Listing contracted with Retrend Realty Ltd
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No detail has been overlooked in this magnificent home nestled against the Niagara Escarpment & steps to Downtown shopping, dining & the Bruce Trail. The gracious foyer welcomes you into the over 3,600 sq. ft. home where custom crown mouldings, 12' ceilings & wide wood plank floors are seamlessly integrated with modern luxury finishes. Open plan kitchen, living room & dining room are perfect for entertaining! Gorgeous kitchen features copper sinks, Thermador gas range, custom cabinetry & marble counters. Tons of workspace on the huge centre island w/retractable charging station. Living room has spectacular escarpment views. Live edge olive wood surrounds the fireplace in the handsome dining room. Walk out to a secluded patio. Inviting family room with heated floors & bespoke gas fireplace. Elegant primary bedroom has WI closet w/designer cabinetry & ensuite bathroom cleverly hidden behind BI bookcases. Ensuite with volcanic rock bathtub that retains heat for hours, double vanities & heated floor & towel rack. Two spacious bedrooms share a 4-pc bath with heated floors & custom sink. Relax under the skylights in the Moroccan inspired media room. Fourth bedroom/office, rec room & game room on vast, finished lower level with over 2,000 sq. ft. of living space. Side steps & porch are heated. Cobblestone driveway, oversize garage & stunning tiered gardens. Close to schools, public pool, library/art gallery & recreational facitlities. Easy access to the QEW and all that Niagara has to offer! This exceptional home must be seen!
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