6 Chestnut Drive 84, Grimsby

$569,900
6 Chestnut Drive 84

$569,900

New
8d
Att/Row/Townhouse3-Storey

6 Chestnut Drive 84, Grimsby

Total Monthly Obligation $3,011

Beds
3
Baths
2
Park
1
Sqft
1100-1500
DOM
8d
Score
22
Yield
5.9%
Cash on Cash
0.9%
Cap Rate
4.8%
5Y IRR
16.3%
10Y IRR
15.2%
Property Type-Att/Row/Townhouse
MLS® Number-X14082104
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-27.46 × 43.22 ft
Listed on site-Oct 15, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Age-6-15
Taxes-$4,049.97 (2026)
Parking-2 - Attached
Basement-None
Heating-Heat Pump (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-30-60 days
Neighbourhood-541 - Grimsby West
Title-Residential Freehold

No agent assigned

Welcome to this spacious and well-maintained end-unit townhome in a desirable Grimsby location! Situated at the end of the townhouse row, this bright and inviting 3-storey home offers added privacy and a functional open-concept layout, with a seamless flow between the kitchen, dining, and living areas-perfect for everyday living and entertaining. The upper level features generously sized bedrooms, a 3-piece bathroom, and convenient upper-level laundry. Ideally located close to schools, parks, shopping, restaurants, Peach King Arena & Recreation Centre, the Niagara Escarpment, and Bruce Trail, with easy access to the QEW for commuters. **A wonderful opportunity to own a well-maintained end-unit townhome in a convenient and family-friendly Grimsby neighbourhood!**

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$
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$455,920
Land Transfer Taxes$7,873
Legal Fees (Est.)
$
Total cash required for closing$123,353

Total Monthly Obligation

$3,011/mo
Mortgage $2,299
Monthly Loss $2,406
Principal$605
Interest$1,694
Property Tax$337
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.7%2
5-Year IRR
12.0%50
10-Year IRR
12.2%
Returns Index
26.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$33,768/yr
NOI
$21,841/yr
Net Cash Flow
-$479/mo
Cash Margin
-17.0%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7914
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo53
Risk Index
28.5/ 100

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

Comparables

Properties near 6 Chestnut Drive 84

Time

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Data last updated within the past 24 hours.