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$700K · 2 bed Condo Apartment · Unit 315, 40 Esplanade Lane, Grimsby, Ontario L3M 0G9 | HomeSearchCanada

$699,999

Unit 315

109 DOM

22109d

Map

DOM 109

Motivated SellerWaterfront

$699,999

Motivated Seller

DOM109days

Unit 315

40 Esplanade Lane · Grimsby · Ontario L3M 0G9

MLS® X12954778 · 540 - Grimsby Beach · L3M 0G9

22TenantOccupied900-999 ft²Condo Apartment1-car UndergroundNo basement109d$737/ft²$3,785 tax/yrBuilt 20233 yrs oldNo basement

109 days on market

About this home

This is the one you've been waiting for, offering stunning views of Lake Ontario. This luxurious condo features 984 square feet of spacious lakeside living and a large 130 square foot balcony. The open-concept living room includes a built-in wall unit with brushed nickel lighting and walkout access to the balcony, alongside a dining area or den. The gorgeous kitchen boasts a large center island, built-in stainless steel appliances, quartz countertops, a backsplash, and white shaker cabinetry. Th…

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Property details

MLS#: X12954778
Status: Buy Now
Property class: Residential Condo & Other
Beds: 2
Baths: 2 full, 0 half
Rooms: 5
Kitchens: 1
Size: 900-999Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Apartment
Type: Condo Apartment
Year built: 2023

Occupancy: Tenant Occupied
Washrooms: 3 pc · Flat; 4 pc · Flat
Family room: No
Central vacuum: No
Ensuite laundry: No

Zoning: Rm3

Property features: Beach, Lake/Pond, Waterfront

Waterfront: Yes
Water view: Partially Obstructive
Water body: Lake Ontario
Shoreline: Unknown
Waterfront features: Other

Condo corp #: 283
Balcony: Terrace
Locker: Owned
Association amenities: Exercise Room, Outdoor Pool, Party Room/Meeting Room, Visitor Parking
Fees include: Common Elements Included, Heat Included, Building Insurance Included, Parking Included, Water Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Exterior: Brick
Fronting on: —
Cross street: North Service Road
Stories: 3
Utilities: —
Laundry: In Area
Interior: Primary Bedroom - Main Floor
Parking features: Underground

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

Motivated SellerWhy this label

109 days on market — Listing has been active for 109 days — extended time on market can signal seller pressure.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: SANDAL REAL ESTATE SERVICES INC.

Source: TRREB/PROPTX · MLS® X12954778

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$700K

Unit 315 · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $699,999✓ $3,785 tax✓ Gas✓ 900-999 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,965/mo

incl. closing costs (yr 1)

Annual total

$71,585

year 1

Mortgage only

$2,656/mo

principal + interest

Beyond mortgage

$1,979/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$140,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$315/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~950 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$7,000/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$54/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$10,475

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)45% $31,867/yr

Property taxes20% $14,260/yr

Utilities6% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance10% $7,000/yr

Condo fees11% $7,798/yr

Closing costs7% $5,100/yr

Mortgage is 45% of your true cost of ownership. The other 55% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$31,867	$2,656/mo
Government & taxes
Property tax	$3,785	$315/mo
Land transfer tax(closing)	$10,475	$873/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$7,000	$583/mo
Condo fees
Condo / HOA fees	$7,798	$650/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$71,585	$5,965/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 315

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs