515 Ridge Rd E

Grimsby, L3M 0K5
FOR SALE
$1,899,900
515 Ridge Rd E, Grimsby
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
515 Ridge Rd E
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4
BEDROOMS
5
BATHROOMS
1 + 1
KITCHENS
11
ROOMS
X8141752
MLSID
Contact Us
Property Description
Welcome to your home on the Ridge! Built in 2001, this modern farmhouse boasts a distinctive turret, unique windows/dormers and deep red brick. As you enter you'll be greeted by a spacious and welcoming foyer. The 7.5" white oak hardwood floors lead you throughout the house, into large principal rooms, including a separate dining room & main floor Master bedroom. In-floor radiant heating extends throughout the entire main floor. This unique home has been renovated top to bottom (2022-2023), providing consistency in finishes throughout. Huge kitchen boasts top quality custom cabinetry, a 9' island in solid walnut, quartz countertops and S/Steel appliances. Built in wall units provide exceptional storage, convenience & charm.On 2nd floor, you will discover 3 bedrooms, each with their own private bathroom, as well as a "kitchenette" & sitting room, inspiring a 'Bed and Breakfast' theme.The turret is drenched in natural light, this space affords a variety of purposes: library/studio/office
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-01-09 2024-03-14 65 $1,899,900 - Terminated
2023-11-16 2024-01-09 54 $1,985,000 - Terminated
2019-06-12 2019-10-23 133 $1,150,000 $1,075,000 Sold
Extras
Take a short stroll on the trail in the backwoods or enjoy the many professionally landscaped gardens, which were featured on the 2023 RBG tour! This 1.3 acre property is beautiful & must be seen.
Property Features
Grnbelt/Conserv, Ravine
Property Details
Street
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
259' x 263'
Acreage
.50-1.99
Fronting
North
Taxes
$7,886 (2023)
Basement
None
Exterior
Brick
Heat Type
Radiant
Heat Source
Propane
Air Conditioning
Central Air
Water
Other
Parking Spaces
10
Driveway
Circular
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain16.08' x 27.89'Combined W/Family, Centre Island
FamilyMain16.08' x 27.89'Combined W/Kitchen, Walk-Out
LivingMain12.17' x 20.77'Fireplace
DiningMain12.17' x 16.27'Pocket Doors, Formal Rm
BrMain12.07' x 18.18'W/I Closet, 4 Pc Ensuite
FoyerMain12.99' x 14.37'Double Closet, Walk-Out
MudroomMain4.07' x 11.65'Access To Garage, Walk-Out
2nd Br2nd13.09' x 18.67'3 Pc Bath
3rd Br2nd15.09' x 16.47'3 Pc Bath
4th Br2nd12.17' x 18.18'4 Pc Bath
Kitchen2nd10.60' x 15.09'
Other2nd11.78' x 14.27'
Grimsby Market Statistics
Grimsby Price Trend
515 Ridge Rd E is a 4-bedroom 5-bathroom home listed for sale at $1,899,900, which is $788,234 (70.9%) higher than the average sold price of $1,111,666 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 4 bedroom home in Grimsby increased by $61,666 (5.9%) compared to the previous 30 day period (February 28 - March 28) and down $78,334 (6.6%) from the same time one year ago.
Inventory Change
There were 13 4-bedroom homes listed in Grimsby over the last 30 days (March 29 - April 27), which is down 0.0% compared with the previous 30 day period (February 28 - March 28) and up 85.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Grimsby typically sold ($28,300) (2.5%) below asking price over the last 30 days (March 29 - April 27), which represents a $17,300 decrease compared to the previous 30 day period (February 28 - March 28) 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 29 - April 27) stood at 69.2%, down from 69.2% over the previous 30 days (February 28 - March 28) 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 5-bathroom home in Grimsby stood at 28 days when successfully sold over the last 30 days (March 29 - April 27), compared to 35 days before being removed from the market upon being suspended or terminated.
Listing contracted with Ipro Realty Ltd
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