374 Book Road
Grimsby, ON
- 5 bed
- 5 bath
- approx. 1100-1500 sqft
- Detached
Beautiful Detached House for Sale in Grimsby beach community, Over 10,000 sq ft. Corner lot, walking distance to Lake Ontario, Don't miss this rare income-generating opportunity in the heart of South Grimsby, just minutes from the serene shores of Lake Ontario. This spacious and well-maintained detached bungalow offers a flexible layout ideal for investors or multi-generational living. Currently fully tenanted on month-to-month leases, the home features 3 self-contained kitchens, 3 private laundry areas, 7 bedrooms, and 5 full bathrooms, offering strong and steady rental income potential. Sitting on a generous 80 x 124 ft. lot, the property also includes approved permits to build a double-car garage , providing excellent opportunity for future expansion and added value. Whether you're looking to grow your investment portfolio or live in one unit while renting the others, this home delivers unmatched versatility. The private backyard is surrounded by mature trees, creating a peaceful outdoor retreat perfect for relaxing or hosting gatherings. The location is ideal just a short stroll to Bal Harbor, with lake access, scenic parks, and quiet residential charm. Enjoy close proximity to Bell Park, the Bruce Trail, local conservation areas, farmers markets, shopping, dining, and some of Niagara region's best wineries. Commuters will love the easy access to the QEW, connecting you to both the Niagara Region and the GTA in minutes. This property offers a unique blend of immediate rental income, future development potential, and a prime location near nature, amenities, and transit. an excellent investment in one of Grimsby most peaceful and picturesque neighborhoods.
Listing Details
- Taxes (2025)
- $4,820
- Listed
- September 5, 2026
Price History
Listing history
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Property
- Style
- Backsplit 3
- Age
- 51-99
- Construction
- Brick, Aluminum Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block, Unknown
- Interior
- Water Heater, Water Heater Owned, Accessory Apartment, Carpet Free, In-Law Suite, Other
- Lot Size
- 80 x 124 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 7
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Lake St. & Book Rd.
- Parcel Number
- 460320110
- Possession
- 60-89 days
- Occupancy
- Tenant
Included
- Inclusions
- All Electrical Lights and Fixtures, All Appliances From 3 Kitchens, All Furniture shown in the pictures and owned by the seller, Furnace , Central AC.
- Exclusions
- Tenants belongings
- Rental Items
- Hot water tank (if rental)
Schools
Elementary
- Grand Avenue Public School0.7 km
Public · DSB Niagara · 220 students
Grade 3 reading: 100% met the provincial standard · Grade 6 math: 77% met the provincial standard
- Park Public School1.5 km
Public · DSB Niagara · 110 students
Grade 3 reading: 100% met the provincial standard · Grade 6 math: 75% met the provincial standard
- St John Catholic Elementary School1.6 km
Catholic · Niagara CDSB · 325 students
Grade 3 reading: 90% met the provincial standard · Grade 6 math: 50% met the provincial standard
Secondary
- West Niagara Secondary School1.2 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
Residential Freehold in Grimsby · last 12 months
- Median sold price
- $724,000
- Homes sold
- 377
- Median days on market
- 25
- Sale-to-list price
- 96.9%
Based on 377 recorded sales of residential freehold properties in Grimsby over the last 12 months.
Rooms
2 × 4-piece on Main, 3-piece on Main, 2 × 4-piece on Lower
Second
- Bedroom 211'5" x 11'3"
- Bedroom 310' x 10'
- Primary Bedroom13'4" x 10'3"
Main
- Dining Room8'7" x 9'4"
- Kitchen11'5" x 9'2"
- Living Room18'10" x 13'5"
- Sunroom18'2" x 12'
Lower
- Bedroom 411'3" x 10'
- Bedroom 59'10" x 9'10"
- Kitchen9' x 8'2"
- Living Room25'3" x 11'3"
Listed by
HOMELIFE/MIRACLE REALTY LTD
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$160,000
Estimated Monthly Payment
$3,930
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: $3,930/mo (20% down, 5.5%)
Taxes: $402/mo · Insurance: $200/mo
Estimates only. Consult a financial advisor.
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