For Sale

407-409 Main Street, Grimsby, Ontario L3M 1T1

$1,895,000

407-409 Main Street, Grimsby, Ontario L3M 1T1 is For Sale and has a listing price of 1,895,000. The property is located in the Grimsby . It's been on the website for 8 Days.

  • Land
    Property Type
  • MLS ID: X12216861
  • Office Name RE/MAX REAL ESTATE CENTRE INC.
Property Description

Discover the potential of this rare 5.10-acre Land, ideally positioned for developers, builders, and investors. Located in the thriving and scenic community of Grimsby, this high-visibility site offers a unique blend of commercial and residential zoning with a wide frontage of 171 feet.The property features two residential apartments and commercial unit is currently leased, income-generating property. Buyers have the option to assume the existing lease for steady rental income or take advantage of the retail space to establish their own business.Currently, the property includes a commercial storefront and two residential units, all of which are leased. This presents an excellent opportunity for investors seeking steady rental income or for buyers interested in establishing their own business on the premises. The buyer also has the option to assume the existing tenancies Strategically located near major amenities including the QEW, GO Station, shopping centres, Costco, and GO carpool facilities, this site offers seamless connectivity to both the Greater Toronto Area and the Niagara Region. Surrounded by a mix of residential, commercial, and retail, the property is ideal for a range of permitted uses including single dwellings, institutional use, home occupations and industries, bed and breakfast, showrooms, Farming , agriculture, offices and sales outlets, conference centres, and religious institutions. Whether you’re seeking a strong income property or a strategic location for your business, this opportunity checks every box in a rapidly growing community.

Property Details
  • MLS ID: X12216861
  • Price: $1,895,000
  • Lot Depth: 1444.2
  • Transaction Types: For Sale
  • Ref ID: X12216861
  • Year Built: N/A
  • Dir / Cross St: Main St W & Casablanca Blvd
  • Status: Active
  • Tax Year: 2024
  • Property Type: Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
06/12/2025 X12216600 $1,895,000 For Sale - -
06/12/2025 X12217129 $1,895,000 For Sale - -
06/12/2025 X12216861 $1,895,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Grimsby
  • $1,055,738 Average List Price
    based on 1 year
  • 83 New Listings
    based on 30 days
  • 178 Median Days on Market
    based on 1 year
  • List vs. Selling Price 125.59 % Up
  • Sold (12mo) 209
  • Rented (12mo) 157

  • 1 Month Change +17.8%
  • 3 Month Change -25.7%
  • 6 Month Change -17.1%
Walkscore
Additional Details
  • Heat Type Y
  • Heating System Y
  • Garage Type Outside/surface
  • Parking Spaces: 10
  • Taxes: $9,800
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: IMMEDIATE
  • Listing Entry Date: 12/06/2025 19:12:09
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