For SaleDetached · ContemporaryMLS® #X13703408 · TRREB MLS®
131 Terrace Dr, Grimsby, Ontario
Grimsby East, Grimsby, Ontario L3M 0L2
- Bedrooms
- 4
- Lot Size
- 13.68 x 30.01 m
- Bathrooms
- 2
- Type
- Detached
- Basement
- Full
$1,099,000
Estimated market value
About 131 Terrace Dr
131 Terrace Dr is a 4-bedroom, 2-bathroom detached house in Grimsby East, Grimsby, listed for sale at an asking price of $1,099,000 (MLS® X13703408).
Welcome to 131 Terrace Drive, a beautifully appointed 2024 Branthaven "Willson" model offering 2,420 sq. ft. of thoughtfully designed above-grade living space. Featuring 4 spacious bedrooms, 2.5 bathrooms and over $23,000 in builder upgrades, this home combines modern style with everyday functionality. The open-concept main floor showcases a bright 16' x 20' living room and a chef-inspired kitchen featuring granite countertops, stainless steel appliances, an oversized island and breakfast bar. Convenient main-floor laundry adds to the practical layout. Upstairs, the impressive primary suite offers a private sitting area, extensive custom closet storage and a luxurious ensuite with a frameless glass shower and tiled niche. Three additional bedrooms provide plenty of space for family, guests or a home office. The full unfinished basement includes a 3-piece bathroom rough-in and excellent potential for future living space. Additional upgrades include 200-amp electrical service, a two-hit surge protector installed on the breaker panel, ready-to-use gas lines for the range and BBQ, tankless hot water, an HRV system, and central air. The upgraded double garage features insulated doors, two garage-door openers and an R12-insulated wall. Enjoy a fully fenced backyard backing onto mature trees for added privacy. Set in a family-friendly Grimsby neighbourhood close to Nelles Public School, West Niagara Secondary School, the YMCA, parks, downtown shops and restaurants. Minutes from the Niagara Escarpment, Bruce Trail, Lake Ontario waterfront, wineries and QEW access to Hamilton, Burlington and the GTA. Balance of Tarion new-home warranty included.
Insights
Condition Score
Good1 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall−$2,157/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 7 homes with 4 bedrooms for lease in Grimsby right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $7,721 / 2026
- MLS® number
- X13703408
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 2000-2500 sqft
- Lot Size
- 13.68 x 30.01 m
- Listed on
- Parking
- 2 Attached, 4 Parking
Listing history
Buy/sell history for 131 Terrace Dr, Grimsby, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,099,000 | N/A | Pc | X13703408 |
Members see the full history. Prices are hidden from signed-out visitors.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Michelle Lacroix for a full comparative market analysis.
Property details
Property
- Property Type
- Detached
- Style
- Contemporary
- Community
- Grimsby East
- Municipality
- Grimsby
Building
- Size
- 2000-2500 sqft
- Construction
- Stone
Inside
- Bedrooms
- 4
- Bathrooms
- 2
- Bathroom Details
- 1 × 5pc, 1 × 4pc
- Basement Type
- Full
- Kitchens
- 1
Parking
- Garage Type
- Attached
- Garage
- 2
- Additional Parking
- 2
- Total Parking
- 4
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 13.68 m
- Depth
- 30.01 m
- Lot Size
- 13.68 x 30.01 m
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Dishwasher, Dryer, Garage Door Opener, Refrigerator, Stove, Washer, Window Coverings, Two motorized Select, Blinds window coverings with remotes, TV mounts, and installed home-business networking system.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 6.1 × 4.88 m | — | Main |
| Dining | 3.05 × 4.42 m | — | Main |
| Kitchen | 2.59 × 4.42 m | — | Main |
| Foyer | — | — | Main |
| Bathroom | 1.47 × 1.5 m | 2 Pc Bath | Main |
| Primary | 3.96 × 6.4 m | — | 2nd |
| Bathroom | 1.55 × 3.94 m | 5 Pc Ensuite | 2nd |
| 2nd Br | 3.66 × 3.94 m | — | 2nd |
| 3rd Br | 3.66 × 3.94 m | — | 2nd |
| 4th Br | 3.0 × 3.35 m | — | 2nd |
| Bathroom | 1.47 × 2.46 m | 4 Pc Bath | 2nd |
Map and tour
Detached homes for sale in Grimsby East right now
- For sale now
- 23
- Median asking price
- $1.05M
- New in 7 days
- 3
- Price cuts
- 30%
Middle half: $895K to $1.46M
9 in 28 days
7 listings
This home is asking 5% above the median.
See all homes in Grimsby EastAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Land transfer tax on this home
- Ontario land transfer tax
- $18,455
- Total land transfer tax
- $18,455
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $14,455
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,099,000
- $13,980
- Ontario total
- $18,455
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 mIt was drilled for domestic use; 3 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 13.7 m.250 m
- Groundwater recorded about 5.5 m below ground nearbyThe middle water level in the well records within 500 m (8 records). It changes with the season and from spot to spot.500 m
- Bedrock about 5.4 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m
Province of Ontario open data
Planning and building activity2
- Inside the Greenbelt (Niagara Escarpment Plan) and the Niagara Escarpment plan area (Urban Area)These provincial plans set policies on new buildings, new lots and some changes to the land; the municipality can say which apply to this property.At the address
- Nearest airport: 6.5 km6.5 km
Province of Ontario open data
Around the home2
- Nearest rail line: 490 m490 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Sherwin-Williams Canada Inc — Sherwin-Williams Grimsby, 450 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Grimsby Power IncorporatedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 50 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.50 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Last Mile Wireless Internet, NWIC, Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Niagara Peninsula Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St John Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 · French Immersion | 900 m | 82%Grade 6 average |
| Grand Avenue Public SchoolDSB Niagara | Public · grades JK–8 | 1.1 km | 88%Grade 6 average |
| Park Public SchoolDSB Niagara | Public · grades JK–6 | 1.2 km | 92%Grade 6 average |
| Nelles Public SchoolDSB Niagara | Public · grades JK–8 | 2.6 km | 95%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| West Niagara Secondary SchoolDSB Niagara | Public · grades 9–12 · French Immersion | 550 m | 67%Grade 9 math |
| Blessed Trinity Catholic Secondary SchoolNiagara CDSB | Catholic · grades 9–12 · French Immersion | 5.2 km | 63%Grade 9 math |
| Orchard Park Secondary SchoolHamilton-Wentworth DSB | Public · grades 9–12 | 16 km | 50%Grade 9 math |
| St. John Henry Newman Catholic Secondary SchoolHamilton-Wentworth CDSB | Catholic · grades 9–12 | 19 km | 67%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Lot
- Lot area
- 411 m²4,419 sq ft
- Street frontage
- 13.68 m45 ft
- Depth
- 30.01 m98 ft
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $219,800
- Total mortgage amount
- $879,200
- Total interest payment
- $625,000
- Total purchase cost
- $1,724,000
- Mortgage payment
- $5,014/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
54%Monthly carrying cost
$5,657- Rent $3,500
- Shortfall $2,157
Rental income opens at $3,500, the median asking rent of 7 comparable homes for lease in Grimsby. Type over it with the rent you expect. This is a planning tool, not advice.
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