
40 PARKWOOD Road
Grimsby, Ontario
5 bed • 5 bath • Single Family
Executive Niagara Escarpment Home with Inground Pool & Full In-Law Suite – Located on a quiet cul-de-sac in one of Grimsby’s most desirable neighbourhoods and walking distance to downtown, this exceptional home offers over 4,500 sq. ft. of finished space and more than 110' of Escarpment frontage. With an inground pool, stunning natural views, and a fully self-contained in-law suite, this is a rare opportunity. The main floor features a spacious foyer, formal dining and living rooms, a large office overlooking the backyard, and a spectacular Muskoka-inspired family room with wall-to-wall windows, cathedral ceilings, custom built-ins, and a fireplace. The family room flows into the dining area and a well-appointed kitchen with extended-height cabinetry, granite counters, stainless steel appliances, a desk nook, walk-in pantry and Butler's pantry with 2nd fridge, freezer, dishwasher and laundry. This level also has convenient powder room with access to the backyard pool area. Upstairs, the primary suite offers outstanding Escarpment views, a 5-piece ensuite with soaker tub and glass shower, and a walk-in closet with custom organizers. Three additional bedrooms share a 5-piece bath. The former 3-car garage has been converted into a full in-law suite with open-concept kitchen/living area, 3-piece bath, and bedroom, plus a ventilated storage bay. Through the remaining garage bay is a spacious mudroom leading to the lower level with a rec room, guest area, and 3-piece bath—ideal as a games room, gym, or potential second in-law suite. The backyard, fully nestled into the Niagara Escarpment, offers exceptional privacy with an inground pool, multiple seating areas, gazebo, and a refreshed pool house with covered overhang. A rare blend of luxury, versatility, and natural beauty.
Price History
Schools
Elementary
- Nelles Public School0.4 km
Public · DSB Niagara · 290 students
Grade 3 reading: 100% met the provincial standard · Grade 6 math: 85% met the provincial standard
- St Joseph Catholic Elementary School0.7 km
Catholic · Niagara CDSB · 225 students
Grade 3 reading: 79% met the provincial standard · Grade 6 math: 56% met the provincial standard
- Central Public School1.4 km
Public · DSB Niagara · 600 students
Grade 3 reading: 95% met the provincial standard · Grade 6 math: 82% met the provincial standard
Secondary
- Blessed Trinity Catholic Secondary School2.4 km
Catholic · Niagara CDSB · 1085 students
Grade 10 literacy: 94% met the provincial standard
- West Niagara Secondary School3.5 km
Public · DSB Niagara · 1655 students
Grade 10 literacy: 88% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L3M
- Population
- 28,433
- Private dwellings
- 11,465
- Median age
- 44.8
- Average household size
- 2.5
- Median household income
- $104,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Grimsby · last 12 months
- Median sold price
- $722,500
- Homes sold
- 381
- Median days on market
- 27
- Sale-to-list price
- 96.7%
Based on 381 recorded sales of single family properties in Grimsby over the last 12 months.
Location
Mortgage Calculator
$415,980
Estimated Monthly Payment
$10,218
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $10,218/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $520/mo
Estimates only. Consult a financial advisor.
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