6 NIAGARA Street 206, Grimsby, ON L3M 5A4, Grimsby, ON

6 NIAGARA Street 206, Grimsby, ON L3M 5A4, Grimsby, ON photo 2

6 NIAGARA Street 206, Grimsby, ON L3M 5A4, Grimsby, ON photo 3

6 NIAGARA Street 206, Grimsby, ON L3M 5A4, Grimsby, ON photo 4

6 NIAGARA Street 206, Grimsby, ON L3M 5A4, Grimsby, ON photo 5

+7 photos

$474,900

6 NIAGARA Street 206, Grimsby, ON L3M 5A4, Grimsby, ON

Grimsby, ON L3M 5A4

2 beds 1 bath Condo Apartment

About this home

Updated and spacious 2 bed, 1 bath condo with in-suite laundry located on a quiet cul-de-sac in the heart of Grimsby. Featuring a beautiful kitchen with sleek quartz countertops, tiled backsplash, under-cabinet lighting, and 4 modern stainless steel appliances. The open concept living room/dining room is a great space for entertaining and has a sliding patio door that leads to a private balcony. Both bedrooms are generously sized, with the primary bedroom offering a huge walk-in closet. Large 3 pc bathroom with walk-in shower. California shutters on all windows. A standout feature is the full in-suite laundry room with cabinetry for extra storage. Set in a well-maintained 3 storey building with secure entry, elevator, bike storage, and an assigned parking space (exclusive use of space #5), this home is ideally located within walking distance to shops, restaurants, churchs, schools, parks, and trails, including the Forty Mile Creek Trails and Fifty Point Conservation Area. Quick access to the QEW. Enjoy this ideal investment and lifestyle.

Property Score

59/ 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

56% 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

-$1,106/mopoor

Estimated -$1,106/mo at 20% down, 5% rate, 25-yr amortization.

Cap Rate

2.82%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^® # X13030724

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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