Townhouses for Sale in Grimsby, ON

The most popular neighbourhoods in Grimsby are Grimsby, Nelles Estates and Grimsby Beach. Strata.ca examines specific criteria to determine a neighbourhood's level of desirability. Neighbourhoods with homes selling within the shortest time frame will usually have a higher popularity ranking.

Every city has its expensive neighbourhoods, and in Grimsby they are Grimsby and Nelles Estates. Strata.ca looks at historical data to calculate the average sale price for every neighbourhood. If you can't afford a home in Grimsby's most expensive neighbourhoods - check out other areas which offer better value, including Winston.

Downtown Grimsby and Grimsby Beach are Grimsby's cheapest neighbourhoods. Strata.ca assesses historical data to determine the average sale price for every neighbourhood. It should be noted that the average house in Grimsby typically sells for $836,828.

Aside from mortgage payments, owning a house in Grimsby will require that you pay an annual property tax. This tax is used to pay for several essential services, including garbage and recycling collection. Each year, your municipality will determine its property tax rate, which typically lands between 0.5 and 2.5%. Some Grimsby homebuyers believe this tax is based on the size of the house. But rather, the tax rate is multiplied by the home's current market value - which can fluctuate each year based on surrounding homes. For example, if the assessed market value of a house is $750,000 and the property tax rate is 0.5% - the homeowner would pay $3,750 to their municipality that year.

Strata.ca features all listings in Grimsby, updated multiple times daily - you won't ever miss a property when using this platform. This website can show what your neighbour's house sold for last year. Or how much your grandmother's home might be worth in today's market. From the average sale price to appreciation rates - Strata.ca gives you the power to learn every aspect of the neighbourhoods you're interested in.

Grimsby has a walk score of 8, making it hard to get around the city without a car. The transit score, meanwhile, is 0 - resulting in a much more limited public transportation network. For cyclists, the neighbourhood offers a bike score of 28, meaning there is limited bike infrastructure.

When looking for a house in Grimsby, many buyers will overlook the closing costs. It's important to be aware of what these costs are, so you can budget accordingly prior to making an offer. When searching for a house in Grimsby, buyers will typically take into account 1.5% - 2% of their budgeted purchase price for closing costs. For instance, 2% in closing costs on a $500,000 house would be $10,000. Because these charges cannot be lumped into your mortgage, it's crucial to have this money upfront upon closing. The land transfer tax will make up most of your closing costs. In Canada, all buyers are subject to the LTT imposed by the province. First-time homebuyers could be eligible for a government rebate - your real estate lawyer can help you apply for this rebate at the time of closing. And finally, when buying a home in Grimsby, you'll need a real estate lawyer to close the deal. Be sure to put aside $2,000 to cover the cost of your real estate lawyer, although legal fees can vary.