Skip to content

For SaleOther · BungalowMLS® #X14140850 · TRREB MLS®

2-61 Lake St, Grimsby, Ontario

Grimsby Beach, Grimsby, Ontario L3M 2G6

Bedrooms
2
Bathrooms
3
Type
Other
Basement
Full

$1,649,900

Estimated market value

About 2-61 Lake St

2-61 Lake St is a 2-bedroom, 3-bathroom condo in Grimsby Beach, Grimsby, listed for sale at an asking price of $1,649,900 (MLS® X14140850).

Discover lakeside living at 61 Lake Street in Lakeland Landing, an exclusive enclave of detached homes beside Lake Ontario in beautiful Grimsby. This private community offers a quiet, tucked-away setting just steps from the water, with the convenience of shops, restaurants and QEW access close by. Enjoy waterfront parks and trails, nearby marinas, and the wineries and dining that make Niagara such a desirable place to call home. This detached bungalow features a maintenance-free backyard, creating an inviting space for summer entertaining or a relaxing evening in the hot tub. An opportunity to enjoy the privacy of this sought-after community and the ease of bungalow living.

Insights

  • Condition Score

    Fair
    66out of 100

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall
    5out of 100

    −$6,068/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 6 condos with 2 bedrooms for lease in Grimsby Beach right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

Key facts

Tax
$6,543 / 2026
MLS® number
X14140850
Board
TRREB MLS®
Property Type
Other
Building Age
16-30
Days on market
Size
2000-2249 sqft
Listed on
Parking
2 Attached, 4 Parking
Listing brokerage: RE/MAX ESCARPMENT REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Listing history

Buy/sell history for 2-61 Lake St, Grimsby, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$1,649,900N/AFor SaleX14140850

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
Other
Style
Bungalow
Community
Grimsby Beach
Municipality
Grimsby

Building

Size
2000-2249 sqft
Building Age
16-30
Construction
Stone

Inside

Bedrooms
2
Bathrooms
3
Bathroom Details
1 × 5pc Main, 1 × 2pc Main, 1 × 3pc Main
Basement Type
Full
Kitchens
1

Parking

Garage Type
Attached
Garage
2
Additional Parking
2
Total Parking
4

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
Yes
Extras
Refrigerator, Oven, Washer & Dryer, All Electric Light Fixtures, All Window Coverings. Central Vac, hot tub
Condo maint.
$370

Rooms

RoomSizeFeaturesLevel
Great Rm4.27 × 5.79 m—Ground
Kitchen7.01 × 4.27 m—Main
Primary3.96 × 4.88 m—Main
Br4.27 × 3.05 m—Main
Bathroom3.66 × 2.74 m5 Pc BathMain
Br5.49 × 4.27 m—Bsmt

Map and tour

Condos for sale in Grimsby Beach right now

For sale now
26
Median asking price
$415K

Middle half: $382K to $512K

New in 7 days
3

6 in 28 days

Price cuts
31%

8 listings

This home is asking 298% above the median, higher than three quarters of them.

See all homes in Grimsby Beach

Asking 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
$29,473
Total land transfer tax
$29,473
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$25,473
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 $1,649,900
$24,998
Ontario total
$29,473

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Lakeview Public SchoolDSB NiagaraPublic · grades JK–81.3 km79%Grade 6 average
St Joseph Catholic Elementary SchoolNiagara CDSBCatholic · grades JK–81.4 km74%Grade 6 average
Nelles Public SchoolDSB NiagaraPublic · grades JK–81.5 km95%Grade 6 average
Our Lady of Fatima Catholic Elementary SchoolNiagara CDSBCatholic · grades JK–81.7 km77%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Blessed Trinity Catholic Secondary SchoolNiagara CDSBCatholic · grades 9–12 · French Immersion2.9 km63%Grade 9 math
West Niagara Secondary SchoolDSB NiagaraPublic · grades 9–12 · French Immersion3.3 km67%Grade 9 math
Orchard Park Secondary SchoolHamilton-Wentworth DSBPublic · grades 9–1214 km50%Grade 9 math
St. John Henry Newman Catholic Secondary SchoolHamilton-Wentworth CDSBCatholic · grades 9–1216 km67%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.

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

20% · $329,980

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
$329,980
Total mortgage amount
$1,319,920
Total interest payment
$938,480
Total purchase cost
$2,588,380
Mortgage payment
$7,528/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

84%

Monthly carrying cost

$8,443
−$6,068per month
  • Rent $2,375
  • Shortfall $6,068

Rental income opens at $2,375, the median asking rent of 6 comparable homes for lease in Grimsby Beach. Type over it with the rent you expect. This is a planning tool, not advice.

Market area · filters apply to the charts below

Similar Active Listings

Recently sold nearby

Sold prices in Grimsby Beach are shown to signed-in members.

Email Michelle Lacroix