
Unit 407, 40 Esplanade Lane
Grimsby (Grimsby Beach), ON L3M 0G9
LakehouseSee every listing here- 1Bedroom
- 1Bathroom
- 1Parking
- 500–599Sq Ft
- $2,340Tax
- $454/moCondo Fee
- Free EstimateSee Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 407, 40 Esplanade Lane, Grimsby, Grimsby Beach
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-05-13 | 2026-07-07 | Login to See Prices | Suspended | x13121474 |
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About Unit 407, 40 Esplanade Lane, Grimsby, Grimsby Beach
Summarized Description
- Stylish 1-bedroom condo in Grimsby-on-the-Lake
- Waterfront location with scenic views
- Modern open-concept design for easy living
- Private balcony for relaxation and views
- Access to fitness center and pool
- Close to cafés, parks, and restaurants
- Ideal for first-time buyers or downsizers
- Affordable lakeside living with community charm
Wake up slow, grab a coffee, and let lake life set the pace. Tucked into the vibrant Grimsby-on-the-Lake community in one of the area's most sought after buildings, this stylish 1-bedroom condo offers 530 sq ft of thoughtfully designed space for first-time buyers, downsizers, or anyone craving a simpler kind of living. Mornings begin with waterfront walks and fresh air off the lake. Afternoons drift between local cafés, patio lunches, and moments to reset in the building's fitness center. Summer days are made for lounging poolside under the sun, while evenings end on your private balcony as the escarpment glows in the distance. Inside, the open-concept layout is bright, modern, and effortlessly functional, designed to make everyday living feel easy. Step outside and you're moments from Lake Ontario, waterfront trails, parks, cafés, restaurants, and everyday essentials, with quick access to the QEW when the city calls. It's the kind of lifestyle that feels like a weekend getaway, only this time, you get to call it home. For those who want less upkeep, more freedom, and a home that feels connected to both nature and community, this is your chance to own a little piece of Grimsby's lakeside charm at a refreshingly approachable price.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,340
- Land Transfer Tax Fee
- $4,100
Condo/Maintenance Fee
- Maintenance Fee
- $454 /month
Included In Maintenance Fee
- Common Elements Included
- Building Insurance Included
- Water Included
- Parking Included
Rental Items
- Rental Equipment
- hot water heater
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- Ensuite
- Interior Extras
- Auto Garage Door Remote, Storage Area Lockers, Water Heater
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- Enclosed
- Exterior Extras
- Landscaped, Privacy
Building Amenities
- Bike Storage
- Elevator
- Gym
- Outdoor Pool
- Party Room/Meeting Room
- Visitor Parking
Building
- Building Type
- Condo Apartment
- Building Style
- 1 Storey/Apt
- Approx Age
- 6-10
- Condo Corp Number
- 283
Construction
- Exposure
- South
- Exterior Finish
- Vinyl Siding
- Special Designation
- Unknown
Inclusions
- Inclusions
- Stainless Steel Refrigerator, Stove/Oven, Dishwasher, Washer/Dryer, All Electrical LightFixtures, All Existing Window Coverings
Exclusions
- Exclusions
- none
Parking & Garages
- Garage Type
- Underground
- Garage Spaces
- 1
- Parking Type
- Exclusive
- Parking Spaces
- 0
- Total Garage And Parking Spaces
- 1
Lockers
- Locker Type
- Exclusive
Heating & Cooling
- Heat Source
- Other
- Heat Type
- Fan Coil
- Air Conditioning
- Central Air
- Bedrooms
- 1
- Washrooms
- 1
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Kitchen—Main level
- Living Room—Main level
- Bedroom—Main level
Washrooms
- 4-piece, Main
- Municipality
- Grimsby
- Neighbourhood
- Grimsby Beach
- Main cross streets
- North Service Road/Place Polonaise
- Directions
- North Service Road/Place Polonaise
- MLS® number
- X13121474
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-07-07
- Listed on
- 2026-05-13
- Days on market
- 55 days
- Possession type
- Flexible
- Co-op commission
- 2% HST with thanks
- Seller
- Listed by
- RE/MAX REALTY SPECIALISTS INC.
Home Market Value
Current home valuation for Unit 407, 40 Esplanade Lane, Grimsby, Grimsby Beach, Grimsby, ON. Listed for $375,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for Unit 407, 40 Esplanade Lane, Grimsby, Grimsby Beach
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$18,750
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $14,250 | $10,463 | $8,925 | $0 |
=Total mortgage | $370,500 | $347,963 | $327,675 | $300,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,809monthly | $1,699monthly | $1,600monthly | $1,465monthly |
Land Transfer Tax
$4,100
$4,100
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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