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21 KERMAN Avenue

21 KERMAN Avenue

Grimsby, Ontario

Vacant Land

$1,399,000

RARE 1.05-ACRE RESIDENTIAL BUILDING OPPORTUNITY IN GRIMSBY! An exceptional opportunity to create a custom estate on an impressive approximately 147.62’ x 309.93’ property with municipal water and sanitary services. The property is being marketed primarily for its LAND VALUE and future residential potential. Existing improvements include a coach house, detached tandem garage, saltwater swimming pool, gazebo and the remaining main-floor structure of the original principal residence. The principal residence is currently under construction, with the former second storey having been removed.A unique opportunity for a purchaser to explore the construction of a new custom residence or the completion/reconfiguration of the existing structure, subject to all required municipal approvals, permits, zoning and applicable regulations.

Price History

Schools

Elementary

  • Smith Public School1.3 km

    Public · DSB Niagara · 360 students

    Grade 3 reading: 94% met the provincial standard · Grade 6 math: 76% met the provincial standard

  • St. Gabriel Catholic Elementary School2 km

    Catholic · Hamilton-Wentworth CDSB · 525 students

    Grade 3 reading: 88% met the provincial standard · Grade 6 math: 58% met the provincial standard

  • Winona Elementary Elementary School3.2 km

    Public · Hamilton-Wentworth DSB · 900 students

    Grade 3 reading: 61% met the provincial standard · Grade 6 math: 41% met the provincial standard

Secondary

  • Blessed Trinity Catholic Secondary School3.7 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 L5M

Population
106,468
Private dwellings
33,246
Median age
39.6
Average household size
3.3
Median household income
$118,000

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

Vacant Land in Grimsby · last 12 months

Median sold price
$722,000
Homes sold
383
Median days on market
27
Sale-to-list price
96.7%

Based on 383 recorded sales of vacant land properties in Grimsby over the last 12 months.

Walk Score

2

Walk

28

Bike

Scores by Walk Score®

Location

Mortgage Calculator

$279,800

Estimated Monthly Payment

$6,873

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $6,873/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $350/mo

Estimates only. Consult a financial advisor.

R

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