8 Hunter Road, Grimsby

$859,000
8 Hunter Road

$859,000

New
4d
DetachedBacksplit 4

8 Hunter Road, Grimsby

Total Monthly Obligation $4,409

Beds
4
Baths
2
Park
4
Sqft
1500-2000
DOM
4d
Score
17
Yield
4.5%
Cash on Cash
-5.3%
Cap Rate
3.4%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Detached
MLS® Number-X14093234
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-80 × 125 ft
Listed on site-Oct 19, 2026
Style-Backsplit 4
Building Type-Detached
Taxes-$6,827.5 (2026)
Parking-6 - Built-In
Basement-Separate Entrance, Finished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-541 - Grimsby West
Title-Residential Freehold

No agent assigned

Welcome to this truly exceptional, custom-built home, nestled in a quiet, established neighbourhood in beautiful Grimsby. Offering more than 3,000 sq. ft. of finished living space, 4 bdrms and 2 full bathrooms, this spacious backsplit perfectly blends timeless character, modern updates, and endless possibilities. From the moment you arrive, the charming covered front porch and distinctive custom design create a warm and welcoming first impression. Step inside to discover a stunning, recent kitchen renovation, updated flooring, beautiful upper-level original hardwood floors, and two wood-burning fireplaces that add warmth and character throughout the home. Situated on a expansive lot, the backyard offers breathtaking, postcard-worthy views of the Niagara Escarpment, creating a picturesque setting to relax, entertain, and a beautiful backdrop to everyday life. A charming brick storage shed adds both character and practicality to the property. The fully finished basement, complete with its own separate entrance, existing kitchen & bathroom rough-ins, and a spacious cantina ideal for winemaking and extra storage, offers exceptional flexibility and functionality. With exciting possibilities for extended family, multigenerational living, or the potential to create an income-generating suite, this versatile lower level adds tremendous value and opportunity to an already remarkable home. Location is another standout feature! Enjoy the peace and charm of a quiet neighbourhood while being within walking distance of the scenic Bruce Trail, nearby schools, and the Grimsby GO Station. With convenient access to nature, everyday amenities, and regional transit connections, this property offers an ideal balance of tranquility and convenience. With its unique custom-built design, generous living space, modern renovations, incredible Escarpment views, and exciting possibilities for the future, this is more than just a house - it's a truly special place to call home.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$687,200
Land Transfer Taxes$13,655
Legal Fees (Est.)
$
Total cash required for closing$186,955

Total Monthly Obligation

$4,409/mo
Mortgage $3,465
Monthly Loss $3,497
Principal$912
Interest$2,553
Property Tax$569
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.6%1
5-Year IRR
8.1%24
10-Year IRR
9.1%
Returns Index
13.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$39,072/yr
NOI
$23,837/yr
Net Cash Flow
-$1,479/mo
Cash Margin
-45.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
19.6/ 100

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

Comparables

Properties near 8 Hunter Road

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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Data last updated within the past 24 hours.