406 - 40 ESPLANADE Lane
Grimsby, Ontario
- 2 bed
- 2 bath
- Single Family
Welcome to Unit 406 at beautiful Lake House condo in the heart of Grimsby-On-The-Lake, offering the perfect blend of modern living and waterfront lifestyle. This bright, open-concept suite features a stylish kitchen with quartz countertops, sleek cabinetry, stainless steel appliances, and a large island with seating, seamlessly flowing into the living and dining areas. Expansive windows fill the space with natural light and views of the lake and vibrant community. Sit back and relax on your choice of 2 stunning covered balconies, one facing south, one facing east. The unit offers well-sized bedrooms, including a primary retreat with ample closet space, along with a modern 3-piece bath. Thoughtfully designed with neutral finishes and quality flooring throughout, this home is truly move-in ready. Residents enjoy access to impressive building amenities including a pool, party room, fitness area, and outdoor spaces. Just steps to Lake Ontario, waterfront trails, parks, cafés, restaurants, and all amenities, with easy access to the QEW—this is low-maintenance lakeside living at its best.
Price History
Schools
Elementary
- Smith Public School1.2 km
Public · DSB Niagara · 360 students
Grade 3 reading: 94% met the provincial standard · Grade 6 math: 76% met the provincial standard
- Our Lady of Fatima Catholic Elementary School2.8 km
Catholic · Niagara CDSB · 530 students
Grade 3 reading: 79% met the provincial standard · Grade 6 math: 48% met the provincial standard
- Central Public School3.1 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 School2.1 km
Catholic · Niagara CDSB · 1085 students
Grade 10 literacy: 94% 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
- $715,000
- Homes sold
- 382
- Median days on market
- 26
- Sale-to-list price
- 96.7%
Based on 382 recorded sales of single family properties in Grimsby over the last 12 months.
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$139,980
Estimated Monthly Payment
$3,438
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,438/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $175/mo
Estimates only. Consult a financial advisor.
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