532 Ridge Rd E
Grimsby, L3M 0K6
FOR SALE
$1,099,000
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BEDROOMS1
BATHROOMS1
KITCHENS2 + 2
ROOMSX9299102
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Property Description
AMAZING GRIMSBY ESCARPMENT LOCATION! Tucked amidst the beautiful Niagara Escarpment & the picturesque Bruce Trail, this 1230 sq ft bungalow offers peace and tranquility. The Private and serene tree lined lot sits on an acre of property, which gives you just enough room to roam and explore without the upkeep of an expansive lot. The large 1200 square foot workshop/barn with interior workroom and 100-amp service is perfect for a hobbyist, small business owner, or as extra storage. The main floor features a tidy kitchen, large family room, 3 nice size bedrooms and an updated washroom. The large, finished basement boasts a spacious rec room, large den, and lots of storage space. Furnace and tank replaced in 2022 and roof approximately 8-10 yrs. This home has lots of potential and is ready for a new owner to come in and make it their own! Location, Location, Location!! Enjoy the seclusion of the escarpment while remaining conveniently close to essential amenities in both Grimsby and Beamsville including West Lincoln Memorial Hospital, YMCA, the QEW, and wineries!
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Property Features
Clear View, Grnbelt/Conserv, Hospital, Wooded/Treed
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Property Details
Street
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
150' x 150'
Acreage
.50-1.99
Fronting
South
Taxes
$4,288 (2024)
Basement
Finished, Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Oil
Air Conditioning
Central Air
Water
Well
Parking Spaces
6
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Mudroom | Main | 10.17' x 16.08' | |
| Kitchen | Main | 9.19' x 20.01' | |
| Living | Main | 11.81' x 23.62' | |
| Prim Bdrm | Main | 14.76' x 9.84' | |
| 2nd Br | Main | 8.86' x 9.84' | |
| 3rd Br | Main | 11.48' x 8.86' | |
| Rec | Bsmt | 23.95' x 16.73' | |
| Den | Bsmt | 18.70' x 11.15' | |
| Laundry | Bsmt | 16.73' x 8.20' | |
| Utility | Bsmt | 7.55' x 11.48' |
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Grimsby Market Statistics
Grimsby Price Trend
532 Ridge Rd E is a 3-bedroom 1-bathroom home listed for sale at $1,099,000, which is $264,544 (31.7%) higher than the average sold price of $834,456 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 3 bedroom home in Grimsby increased by $482 (0.1%) compared to the previous 30 day period (July 17 - August 15) and down $214,544 (20.5%) from the same time one year ago.Inventory Change
There were 20 3-bedroom homes listed in Grimsby over the last 30 days (August 16 - September 14), which is up 42.9% compared with the previous 30 day period (July 17 - August 15) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Grimsby typically sold ($29,563) (3.5%) below asking price over the last 30 days (August 16 - September 14), which represents a $2,299 decrease compared to the previous 30 day period (July 17 - August 15) and ($9,900) 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 (August 16 - September 14) stood at 230.0%, down from 278.6% over the previous 30 days (July 17 - August 15) and up from 35.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Grimsby stood at 58 days when successfully sold over the last 30 days (August 16 - September 14), compared to 92 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage State Realty
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