89 Lake St

Grimsby, L3M 2G6
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89 Lake St, Grimsby
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4 + 1
BEDROOMS
7
BATHROOMS
1
KITCHENS
16
ROOMS
X3932139
MLSID
Contact Us
Property Description
Gracious Grandeur In This One Of A Kind Owen Sound Ledge Rock Custom Stone Home. An Unparalleled 2 Acre Lake Front Luxury Home W/ Private 35X160Ft Sandy Beach, Riparian Rights & Unobstructed Views Of Toronto. Approx 10,000 Sqft Of Living Space,4+1 Bedrooms W/ Wic & Ensuites, 5+2 Baths, Heated 4 Car Garage, High End Hand Crafted Finishes, Gourmet Chefs Kitchen, Miele & Sub Zero Appl, Concrete Salt Water Pool, Hob Tub W/ Waterfall, Coffered Ceilings Throughout
Extras
9'4" Height Of Basement Including 12 Seated Surround Sound Home Theatre, Games Rm, Rec Rm, Gym, Wet Bar, Wine Cellar, In Ceiling Speakers With High Definition Media, Pond W/ Water Feature, Circular Stamped Concrete Drive
Property Features
Lake Backlot, Lake/Pond, Waterfront
Property Details
Street
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
5000+
Lot Size
190' x 560'
Acreage
2-4.99
Lot Irregularities
165' Waterfront
Fronting
North
Taxes
$23,092 (2016)
Basement
Finished, Full
Exterior
Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
16
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingGround25.46' x 26.80'Coffered Ceiling, Window Flr To Ceil, Gas Fireplace
DiningGround15.45' x 20.96'Tile Floor, Vaulted Ceiling, Picture Window
KitchenGround18.18' x 21.03'B/I Appliances, Centre Island, Granite Counter
FamilyGround29.04' x 27.07'Large Window, W/O To Pool, W/O To Water
LibraryGround16.40' x 21.29'French Doors, B/I Bookcase, Hardwood Floor
MasterGround24.67' x 28.25'Combined W/Sitting, Overlook Water, 6 Pc Ensuite
2nd BrGround14.44' x 12.40'W/O To Pool, W/I Closet, 3 Pc Ensuite
3rd BrGround16.21' x 17.45'Overlook Water, W/I Closet, 4 Pc Ensuite
4th BrGround15.62' x 19.46'Picture Window, W/I Closet, 3 Pc Ensuite
5th BrBsmt13.94' x 11.98'Combined W/Great Rm, Combined W/Game, 3 Pc Bath
Media/EntBsmt27.26' x 19.82'Built-In Speakers, Wet Bar, Fireplace
ExerciseBsmt15.45' x 17.81'Walk-Up, Built-In Speakers, 2 Pc Bath
Grimsby Market Statistics
Grimsby Price Trend
89 Lake St is a 4-bedroom 7-bathroom home listed for sale at $3,988,000, which is $2,868,770 (256.3%) higher than the average sold price of $1,119,230 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 4 bedroom home in Grimsby increased by $100,230 (9.8%) compared to the previous 30 day period (February 24 - March 24) and down $65,770 (5.6%) from the same time one year ago.
Inventory Change
There were 12 4-bedroom homes listed in Grimsby over the last 30 days (March 25 - April 23), which is down 20.0% compared with the previous 30 day period (February 24 - March 24) and up 100.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Grimsby typically sold ($28,784) (2.6%) below asking price over the last 30 days (March 25 - April 23), which represents a $23,284 decrease compared to the previous 30 day period (February 24 - March 24) and ($74,900) more 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 4-bedroom homes in Grimsby over the last 30 days (March 25 - April 23) stood at 108.3%, up from 40.0% over the previous 30 days (February 24 - March 24) and down from 183.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 7-bathroom home in Grimsby stood at 20 days when successfully sold over the last 30 days (March 25 - April 23), compared to 35 days before being removed from the market upon being suspended or terminated.
Listing contracted with Engel & Volkers Toronto Central, Brokerage
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