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$640K · 2 bed Condo Apartment · Unit 408, 40 Esplanade Lane, Grimsby, Ontario L3M 0G9 | HomeSearchCanada

$639,900

Unit 408

100 DOM

22100d

Map

DOM 100

Motivated SellerWaterfront

$639,900

Motivated Seller

DOM100days

Unit 408

40 Esplanade Lane · Grimsby · Ontario L3M 0G9

MLS® X13084938 · 540 - Grimsby Beach · L3M 0G9

22OwnerOccupied800-899 ft²Condo Apartment1-car UndergroundNo basement100d$753/ft²$4,500 tax/yrBuilt 20188 yrs oldNo basement

100 days on market

About this home

Welcome to 40 Esplanade Lane unit 408. A beautifully upgraded 2-bedroom + den, 2-bathroom corner unit in the heart of Grimsby. Offering numerous upgrades, this thoughtfully designed condo features a spacious and functional layout highlighted by a custom 8.5-foot kitchen island-perfect for entertaining. Enjoy peaceful living in this bright corner suite with lake views from your private covered balcony, along with a second wrap around balcony off the kitchen and living area. The versatile den prov…

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Property details

MLS#: X13084938
Status: Buy Now
Property class: Residential Condo & Other
Beds: 2
Baths: 2 full, 0 half
Rooms: 7
Kitchens: 1
Size: 800-899Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: 1 Storey/Apt
Type: Condo Apartment
Year built: 2018

Occupancy: Owner Occupied
Washrooms: 3 pc; 4 pc
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Property features: Beach, Electric Car Charger, Golf, Hospital, Lake Access, School

View: Mountain, Water

Waterfront: Yes

Condo corp #: 283
Balcony: Enclosed
Locker: Owned
Fees include: Heat Included, Water Included, Common Elements Included, Building Insurance Included, Parking 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, Vinyl Siding
Fronting on: —
Cross street: Waterview Lane
Stories: 4
Utilities: —
Laundry: In-Suite Laundry
Interior: Other
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

100 days on market — Listing has been active for 100 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: NORTH 2 SOUTH REALTY

Source: TRREB/PROPTX · MLS® X13084938

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$640K

Unit 408 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $639,900✓ $4,500 tax✓ Gas✓ 800-899 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,744/mo

incl. closing costs (yr 1)

Annual total

$68,927

year 1

Mortgage only

$2,428/mo

principal + interest

Beyond mortgage

$2,085/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$127,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$375/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~850 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%$6,399/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)$62/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$9,273

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)42% $29,131/yr

Property taxes20% $13,773/yr

Utilities6% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance9% $6,399/yr

Condo fees13% $8,964/yr

Closing costs7% $5,100/yr

Mortgage is 42% of your true cost of ownership. The other 58% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$29,131	$2,428/mo
Government & taxes
Property tax	$4,500	$375/mo
Land transfer tax(closing)	$9,273	$773/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%)	$6,399	$533/mo
Condo fees
Condo / HOA fees	$8,964	$747/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	$68,927	$5,744/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 408

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