131 Terrace Drive, Grimsby, ON
Property Highlights
Welcome to this remarkable Contemporary detached located in the coveted neighborhood of Grimsby East. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,149,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 13.68 x 30.01 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
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.
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Property Summary
This detached home located at 131 Terrace Drive, Grimsby is currently for sale and has been available on SousaSells for 7 days. This property is listed at $1,149,000 with an estimated mortgage of $3,825* per month. It has 4 beds, 2 bathrooms, and is 2000-2500 square feet. 131 Terrace Drive, Grimsby is in the Grimsby East neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Grimsby East, Grimsby.
- •4 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •2000-2500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Grimsby East, Grimsby.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Auto Garage Door Remote
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 131 Terrace Drive, Grimsby, ON
Q.What is the asking price for 131 Terrace Drive, Grimsby, ON ?
The current listing price for 131 Terrace Drive, Grimsby, ON in Grimsby East, Grimsby is $1,149,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 2 bathrooms across approximately 2000-2500 sqft.
Q.What property type and architectural style is 131 Terrace Drive, Grimsby, ON ?
131 Terrace Drive, Grimsby, ON is a Detached (Contemporary) featuring a Full, Unfinished basement.
Q.What interior features are included in this home?
Interior highlights include: Auto Garage Door Remote.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Grimsby East, Grimsby
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 131 Terrace Drive, Grimsby, ON L3M 0L2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Grimsby, ON
For a property listed at $1,149,000 in Grimsby, the legal minimum down payment is $229,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $19,455 for this transaction. As this listing is in Grimsby (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $19,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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