




390 Lake Street, Grimsby, ON
L3M 4M5
Listed November 11, 2026
Property Tour
About this property
RARE FIND! Exceptional 2.54-acre property at 390 Lake St and fronting on the N. Service Rd. Only a few minutes to QEW. Expansive, mostly level land with a cozy 3-BR bungalow, oversized garage/workshop with loft and separate insulated accessory building/shed. Well-cared-for home with finished basement and numerous updates over the years, incl. kitchen cabinets, hardwood flooring, pot lights, windows, and vinyl flooring in most of basement. Living rm features never-used wood stove with WETT inspection documentation. Other improvements include overhead garage doors (approx. 2012), house shingles, fascia and soffits (approx. 2017), eavestroughs (approx. 2012) and gutter leaf guards (approx. 2017). Home inspection report available. IMPRESSIVE 56' x 22' detached garage/workshop with hydro, 2 front overhead doors plus side overhead door. Features double-wide garage, additional areas for lawn tractors, ATVs, snowmobiles and tools, dedicated workshop, rear storage rm and spacious 2nd-level loft extending almost the entire length of the building. See attached floor plans! Separate approx 24' x 16' insulated accessory building with hydro and covered porch, ideal for storage, hobbies or other permitted uses. Two driveways: main entrance from Lake St. and wide secondary access from N. Service Rd. Crushed-stone areas provide extensive parking. Buried water lines go into the field area and are turned off/disconnected. A unique opportunity offering acreage, comfortable home, exceptional workshop/storage space and convenient QEW access! On Municipal water. Finding a property like this right in Grimsby/Lincoln is a very rare opportunity, so don't miss it!
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Property Details
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Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 390 Lake Street — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$249,980 · Minimum $99,990
Use the rate your lender or broker quotes you.
Monthly costs
From the listing (2026 tax bill).
Leave at $0 if there isn't one.
Typical for this kind of home.
Hydro, heating, water and sewer.
About 1% of the price a year, set aside.
One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$7,259/mo
About $87,108 a year
- $5,529
- $233
- Home insurance$125
- Utilities$330
- Maintenance & repairs$1,042
Cash needed to close
- Down payment (20%)
- $249,980
- Ontario land transfer tax
- $21,473
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $273,953
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
390 Lake Street, Grimsby, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: November 11, 2026
Listing Office: RE/MAX ESCARPMENT GOLFI REALTY INC.
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