Hassan Nouman
56 Kerman Avenue 315, Grimsby, ON L3M 0A1, Grimsby, ON
+7 photos
$499,000

56 Kerman Avenue 315, Grimsby, ON L3M 0A1, Grimsby, ON

Grimsby, ON L3M 0A1
2 beds 2 baths Condo Apartment

About this home

Welcome to 56 Kerman Avenue in the heart of Grimsby. This exceptionally spacious 1,126 sq ft top-floor two-bedroom, two-bathroom condo offers a bright, airy layout with elevated views and an abundance of natural light. Positioned on the top level, the unit provides added privacy and a quiet living experience within this well-maintained, sought-after building. The functional layout features a generous living and dining area, ideal for both everyday living and entertaining, with direct access to a private balcony overlooking a peaceful forested backdrop-an ideal setting to unwind. The primary bedroom includes a full ensuite, while the second bedroom and additional bathroom offer flexibility for guests, a home office, or family living. In-suite laundry adds everyday convenience. This pride-of-ownership building is known for its quiet atmosphere and ample visitor parking. The unit includes an exclusive underground parking space. Condo fees include water, cable TV, and high-speed internet-adding exceptional value and ease of living. Ideally located just minutes from downtown Grimsby, parks, shopping, wineries, and with quick access to the QEW, and in close proximity to West Lincoln Memorial Hospital, this is an excellent opportunity to enjoy spacious, low-maintenance living in a highly desirable and connected community.

Property Score

58/ 100
Overall Property Score
good

A blend of both buyer and investor metrics.

Score breakdown
Walkability
55/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
45/100fair
GO Transit, LRT, and bus access from this neighborhood.
Schools
70/100great
Based on local school rankings (Fraser Institute proxy).
Affordability
59% of city avgexcellent
Priced below Grimsby's average of $845,000.
Appreciation Trend
+1.9%/yrgreat
Grimsby has seen +1.9% YoY price change.
Monthly Cash Flow
-$1,258/mopoor
Estimated -$1,258/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
2.59%fair
Net operating income divided by purchase price.
Basement Suite Potential
Not viablepoor
This property type typically can't add a basement suite.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13025348
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.
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