40 Esplanade Lane 102

Grimsby, L3M 0G9
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40 Esplanade Lane 102, Grimsby
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
X4269251
MLSID
Contact Us
Property Description
1 Bed + Den Suite In Branthaven's Lake House. Enjoy A Fabulous View From Your Very Large Terrace With Easy Access From Outside On The Ground Floor With Unobstructed Views Of Lake Ontario. 1 Bedroom Plus Den With 4 Pc Bath, Spacious Den, In-Suite Laundry, Walk-In Closet In Master Bedroom. Beautifully Designed Kitchen With Generous Space And Stainless Steel Appliances. Super Clean And In Brand New Condition. 1 Locker And 1 Parking Space Are Included.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-04-08 2021-04-11 4 $449,777 $542,000 Sold
Extras
Fridge, Stove, Dishwasher, Washer, Dryer, All Electrical Light Fixtures
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$1,800 (2018)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingMain10.50' x 18.47'Combined W/Dining
DiningMain10.50' x 18.47'Combined W/Living
MasterMain10.50' x 13.42'
DenMain7.22' x 7.74'
KitchenMain7.19' x 7.22'
Grimsby Market Statistics
Grimsby Price Trend
40 Esplanade Lane 102 is a 1-bedroom 1-bathroom condo listed for sale at $379,000, which is $47,000 (11.0%) lower than the average sold price of $426,000 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 1 bedroom condo in Grimsby declined by $62,575 (12.8%) compared to the previous 30 day period (February 25 - March 25) and down $24,000 (5.3%) from the same time one year ago.
Inventory Change
There were 8 1-bedroom condos listed in Grimsby over the last 30 days (March 26 - April 24), which is down 42.9% compared with the previous 30 day period (February 25 - March 25) and down 20.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Grimsby typically sold ($11,979) (2.8%) below asking price over the last 30 days (March 26 - April 24), which represents a $1,104 decrease compared to the previous 30 day period (February 25 - March 25) and ($9,000) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Grimsby over the last 30 days (March 26 - April 24) stood at 62.5%, up from 14.3% over the previous 30 days (February 25 - March 25) and down from 80.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Grimsby stood at 29 days when successfully sold over the last 30 days (March 26 - April 24), compared to 96 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group Realty Systems Inc., Brokerage
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