27 Walters Lane, Grimsby

$799,999
27 Walters Lane

$799,999

New
16d
Att/Row/Townhouse3-Storey

27 Walters Lane, Grimsby

Total Monthly Obligation $3,931

Beds
4
Baths
4
Park
1
Sqft
1500-2000
DOM
16d
Score
18
Yield
4.4%
Cash on Cash
-4.9%
Cap Rate
3.5%
5Y IRR
11.7%
10Y IRR
11.6%
Property Type-Att/Row/Townhouse
MLS® Number-X13878776
Beds-4
Bathrooms-4
Size-1500-2000 sqft
Lot Size-28.28 × 77.99 ft
Listed on site-Oct 7, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Age-0-5
Taxes-$3,945.58 (2026)
Parking-2 - Built-In
Basement-Finished with Walk-Out, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-HOME AND BUSINESS REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Stone
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexbile
Neighbourhood-540 - Grimsby Beach
Title-Residential Freehold

No agent assigned

Spacious and bright 3+1 bedroom freehold end-unit townhome featuring 4 bathrooms and afinished walkout basement with a kitchenette, separate laundry, bedroom, bathroom, and accessto the fenced backyard. Steps to the waterfront and featuring modern, upgraded finishes throughout.The main floor offers a spacious family room and large living/dining area with laminate flooring and walkout to the balcony. The stunning kitchen features dark cabinetry, stainless steel appliances, a separate island, and breakfast bar.The upper level features 3 bedrooms, including a spacious primary bedroom with a 3-piece ensuite and walk-in closet, along with convenient upper-level laundry. The finished walkout basement is ideal for an in-law suite or additional living space, complete with a separate kitchenette, bedroom, bathroom, laundry, and direct access to the fenced backyard.

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

Closing Costs

Mortgage Amount
$639,999
Land Transfer Taxes$12,475
Legal Fees (Est.)
$
Total cash required for closing$173,975

Total Monthly Obligation

$3,931/mo
Mortgage $3,227
Monthly Loss $3,082
Principal$849
Interest$2,378
Property Tax$329
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.2%1
5-Year IRR
8.3%25
10-Year IRR
9.3%
Returns Index
13.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$34,800/yr
NOI
$22,874/yr
Net Cash Flow
-$1,321/mo
Cash Margin
-45.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo39
Risk Index
21.4/ 100

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

Comparables

Properties near 27 Walters Lane

Time

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