Beautiful Detached Bungalow for Sale in South Grimsby, Over 10,301 sq ft. lot, walking distance to Lake Ontario, Don't miss this rare income-generating opportunity in the heart of South Grimsby, just minutes from the serene shores of Lake Ontario. This spacious and well-maintained detached bungalow offers a flexible layout ideal for investors or multi-generational living. Currently fully tenanted on month-to-month leases, the home features 3 self-contained kitchens, 3 private laundry areas, 7 bedrooms, and 5 full bathrooms, offering strong and steady rental income potential. Sitting on a generous 80 x 124 ft. lot, the property also includes approved permits to build a double-car garage , providing excellent opportunity for future expansion and added value. Whether you're looking to grow your investment portfolio or live in one unit while renting the others, this home delivers unmatched versatility. The private backyard is surrounded by mature trees, creating a peaceful outdoor retreat perfect for relaxing or hosting gatherings. The location is ideal just a short stroll to Bal Harbor, with lake access, scenic parks, and quiet residential charm. Enjoy close proximity to Bell Park, the Bruce Trail, local conservation areas, farmers markets, shopping, dining, and some of Niagara region's best wineries. Commuters will love the easy access to the QEW, connecting you to both the Niagara Region and the GTA in minutes. This property offers a unique blend of immediate rental income, future development potential, and a prime location near nature, amenities, and transit. an excellent investment in one of Grimsby most peaceful and picturesque neighborhoods. (id:15069)
| MLS® Number | X13152622 |
| Property Type | Single Family |
| Neigbourhood | Grimsby Beach |
| Community Name | 540 - Grimsby Beach |
| Amenities Near By | Park, Public Transit |
| Community Features | School Bus |
| Equipment Type | Water Heater |
| Features | Carpet Free, In-law Suite |
| Parking Space Total | 7 |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 5 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 6 |
| Age | 51 To 99 Years |
| Amenities | Fireplace(s) |
| Appliances | Water Heater, All, Furniture |
| Basement Features | Apartment In Basement |
| Basement Type | Crawl Space |
| Construction Style Attachment | Detached |
| Construction Style Split Level | Backsplit |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Aluminum Siding |
| Fire Protection | Smoke Detectors |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Flooring Type | Vinyl, Laminate |
| Foundation Type | Block, Unknown |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,100 - 1,500 Sqft |
| Type | House |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Fence Type | Fenced Yard |
| Land Amenities | Park, Public Transit |
| Landscape Features | Landscaped |
| Sewer | Sanitary Sewer |
| Size Depth | 124 Ft |
| Size Frontage | 80 Ft |
| Size Irregular | 80 X 124 Ft ; 80.64 Ft X 120 Ft X 88.75ft X 124.21ft |
| Size Total Text | 80 X 124 Ft ; 80.64 Ft X 120 Ft X 88.75ft X 124.21ft|under 1/2 Acre |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Primary Bedroom | 4.06 m | 3.12 m | 4.06 m x 3.12 m |
| Second Level | Bedroom 2 | 3.48 m | 3.43 m | 3.48 m x 3.43 m |
| Second Level | Bedroom 3 | 3.05 m | 3.05 m | 3.05 m x 3.05 m |
| Lower Level | Kitchen | 2.74 m | 2.5 m | 2.74 m x 2.5 m |
| Lower Level | Living Room | 7.7 m | 3.43 m | 7.7 m x 3.43 m |
| Lower Level | Bedroom 4 | 3.43 m | 3.05 m | 3.43 m x 3.05 m |
| Lower Level | Bedroom 5 | 3 m | 3 m | 3 m x 3 m |
| Main Level | Kitchen | 3.48 m | 2.79 m | 3.48 m x 2.79 m |
| Main Level | Living Room | 5.74 m | 4.09 m | 5.74 m x 4.09 m |
| Main Level | Dining Room | 2.61 m | 2.85 m | 2.61 m x 2.85 m |
| Main Level | Sunroom | 5.54 m | 3.66 m | 5.54 m x 3.66 m |
| Cable | Available |
| Electricity | Available |
| Sewer | Available |
https://www.realtor.ca/real-estate/29780758/374-book-road-grimsby-grimsby-beach-540-grimsby-beach
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