31 Vinifera Drive, Grimsby

$874,000
31 Vinifera Drive

$874,000

New
18d
Detached2-Storey

31 Vinifera Drive, Grimsby

Total Monthly Obligation $4,409

Beds
3
Baths
4
Park
2
Sqft
1500-2000
DOM
18d
Score
21
Yield
5.6%
Cash on Cash
0.0%
Cap Rate
4.6%
5Y IRR
15.6%
10Y IRR
14.6%
Property Type-Detached
MLS® Number-X13862532
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-37.82 × 98.65 ft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$6,102.33 (2026)
Parking-4 - Built-In
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-Keller Williams Home Group Realty
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-South
Exterior-Brick, Aluminum Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-542 - Grimsby East
Title-Residential Freehold

No agent assigned

Welcome home to 31 Vinifera, a beautifully cared-for family retreat nestled in Grimsby's highly sought-after Vineyard Valley. From the moment you arrive, you will love the perfect blend of modern comfort and effortless style.The true heart of this two-storey home is the bright, open-concept kitchen. It flows naturally into a spacious living area, making it easy to chat with family while cooking dinner or host lively gatherings with friends. Upstairs, your primary suite serves as a peaceful private sanctuary complete with its own ensuite bath. Two additional bedrooms share a full washroom-giving the kids or guests a comfortable space of their own.Need a little extra room to play? The professionally finished basement offers a large, cozy recreation room and another full bath, perfect for family movie nights or a home gym. Outside, your private backyard oasis awaits. Imagine spending warm summer evenings relaxing under the gazebo or hosting weekend barbecues on the gorgeous deck.Perfectly situated, you are just minutes away from boutique downtown shopping and local dining, and only 10 minutes from the rolling hills of Niagara wine country. Commuters will love the quick access to the QEW and the upcoming GO Train expansion, while weekend farmers' markets and the historic charm of Grimsby Beach offer a relaxed lifestyle you will love coming home to every single day.

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$699,200
Land Transfer Taxes$13,955
Legal Fees (Est.)
$
Total cash required for closing$190,255

Total Monthly Obligation

$4,409/mo
Mortgage $3,525
Monthly Loss $3,481
Principal$928
Interest$2,598
Property Tax$509
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%25
Cash-on-Cash
-4.6%3
5-Year IRR
12.0%50
10-Year IRR
12.2%
Returns Index
26.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$49,200/yr
NOI
$33,678/yr
Net Cash Flow
-$719/mo
Cash Margin
-17.5%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
22.1/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 31 Vinifera Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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