1/8636 RIDGE Road W, Grimsby
636 RIDGE Road W, Grimsby, ON L3M4E7
$1.5M total
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Asset Class
Land
Size
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Building class
A
Zoning
UR — Urban Reserve
$ / SF
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Occupancy
90%
About this property
Set in a premier rural location on prestigious Ridge Road West in Grimsby, just minutes from Fifty Road and the QEW, this exceptional 1-acre property offers a rare blend of space, privacy, and convenience. Boasting views of the Toronto skyline, this generous parcel presents a unique opportunity for a variety of potential uses, allowing the next owner to bring their vision to life. Surrounded by the natural beauty and tranquility of the countryside, yet within easy reach of urban amenities, major transportation routes, and everyday essentials, the property delivers the best of both worlds. As one of the few remaining vacant parcels backing towards the Niagara Escarpment, this distinctive offering combines an unparalleled setting with the flexibility and potential to create something truly special. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$70K
Annual cash flow
$-13K
Cash-on-cash
-2.85%
DSCR
0.85
Going-in cap
4.69%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
140,470
Households
50,464
Median income
$134,000
Median age
36.1
Daytime population
134,654
5-yr growth
5.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 636 RIDGE Road W, Grimsby.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.