Homula Realty Brokerage
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398 Mountain Road, Grimsby, ON L3M 4E7

3 beds · 2 baths · 1 kitchen · 14 rooms · 10 parking spaces · 1500-2000 sq ft · Laundry on the main level level · Detached
$1,349,900
Property tax
$6,641 / year

METICULOUSLY MAINTAINED BUNGALOW ON NEARLY AN ACRE - COUNTRY LIVING MINUTES FROM TOWN. Looking for more space without sacrificing convenience? Imagine coming home to the peace and privacy of country living while still being just minutes from everything Grimsby has to offer. Set on just under an acre, this custom-built brick bungalow has the perfect balance of manageable outdoor space and room to breathe. Enjoy true main-level living with everything you need on one floor, making daily life easier today and for years to come. The bright, spacious layout has been meticulously maintained, so you can spend less time on projects and more time enjoying your home. Need even more space? The expansive unfinished basement with high ceilings is a blank canvas ready to become a large family room, games room, home gym, additional bedrooms, or the ultimate entertaining space-designed exactly the way you want it.Step outside to a beautifully landscaped property with a private backyard overlooking green space. With riparian rights to the natural pond at the rear of the property, you'll enjoy added beauty, privacy, and a connection to nature that's hard to find. Whether you're raising a family or planning your next chapter, this home offers the space, flexibility, and lifestyle to grow with you.

MLS number
X13492802
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
2
Postal code
L3M 4E7
Photos
50
Laundry
Main Level level
79days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Detached houses in Grimsby378 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$788k$1.07M$1.36M20252026this home’s asking price
$850klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d20d41d20252026
16dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in grimsby. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 622 people.

$103,000Median household income
85.7%Own their home
97.6%Detached houses
45.6Median age
20%Born outside Canada
17.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35260333 — the few blocks around this address, home to 622 people. It describes the area, not this property.

622Population
43Average age
2.9Household size
$110,000Average household income
$103,000Median household income
86%Own their home
14%Rent
0%Condominiums
20%Born outside Canada
17%University degree
$1,050,000Average home value
6%Low income
67%Not in the labour force
25%Never married
Under $5,0002%
$20,000 to $24,9992%
$40,000 to $44,9993%
$50,000 to $59,9993%
$60,000 to $69,9995%
$70,000 to $79,9993%
$80,000 to $89,9993%
$90,000 to $99,9997%
$100,000 and over37%
$100,000 to $124,9998%
$125,000 to $149,9998%
$150,000 to $199,9998%
$200,000 and over10%

Percentages are of the 300 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$269,980 · minimum here is $109,990
$5,977.07per month
Borrowed before insurance$1,079,920
Total borrowed$1,079,920
Interest over 25 years at 4.5%$713,200

If you rented it out

-$6,530.48per month out of pocket
Rent$0.00
Everything it costs to hold$6,530.48
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by YOUR HOME SOLD GUARANTEED REALTY ELITE. Listing data provided by the Toronto Regional Real Estate Board.