37 Bayview Drive, Grimsby

$725,000
37 Bayview Drive

$725,000

New
17d
Detached2-Storey

37 Bayview Drive, Grimsby

Total Monthly Obligation $3,676

HausQ Valuation Report
Beds
4
Baths
2
Park
2
Sqft
1100-1500
DOM
17d
Score
19
Yield
5.0%
Cash on Cash
-2.8%
Cap Rate
4.0%
5Y IRR
13.4%
10Y IRR
12.9%
Property Type-Detached
MLS® Number-X13868094
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-35.07 × 116.4 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$4,515.17 (2026)
Parking-3 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Other
Neighbourhood-540 - Grimsby Beach
Title-Residential Freehold

No agent assigned

Welcome to your dream home in the highly sought-after Grimsby Beach community! This tastefully decorated three plus one bedroom, two-bathroom residence offers the perfect blend of modern updates and coastal convenience. Step inside to find a bright, carpet-free interior featuring gorgeous white oak floors and a fresh, neutral colour palette throughout. The heart of the home boasts a stunning kitchen complete with premium quartz countertops, flowing effortlessly into living areas highlighted by custom built-in shelving. The main level is complemented by a beautifully updated bathroom, while the fully finished basement provides excellent bonus square footage for a fourth bedroom, recreation room, or home office. Outside, enjoy a large driveway with ample parking and a big backyard perfect for entertaining. Situated in an incredible lifestyle location, you are just walking distance to the dog park, playground and the lake. Don't miss your chance to own a move-in ready gem in one of Grimsby's most desirable neighbourhoods. RSA.

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

Closing Costs

Mortgage Amount
$580,000
Land Transfer Taxes$10,975
Legal Fees (Est.)
$
Total cash required for closing$157,475

Total Monthly Obligation

$3,676/mo
Mortgage $2,924
Monthly Loss $2,906
Principal$770
Interest$2,155
Property Tax$376
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.5%1
5-Year IRR
9.7%33
10-Year IRR
10.4%
Returns Index
17.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$36,000/yr
NOI
$23,385/yr
Net Cash Flow
-$976/mo
Cash Margin
-32.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
23.1/ 100

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

Comparables

Properties near 37 Bayview 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.

Data is provided courtesy of PropTx.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.