$2,890,000
Available - For Sale
Listing ID: X11944841
29 KEMP Rd East , Grimsby, L3M 4E7, Ontario


Rare Opportunity to acquire 32 Acres Prime Land W/Income Generating Long Term Tenant occupying 7800 sq ft State of Art Agri-Processing Facility & 5 Acres with interest to expand. 6' Chain Link Fence borders complete lot line .Lots of future potential for development or expansion here. Build your Dream Home (Drawings Available). Surrounded by Luxury Estate Homes , Several Studies Completed, 4KM to the QEW , Downtown Grimsby , Lake Ontario Waterfront , Local Attractions , Grocery Stores , Arenas , Vineyards , Hiking Trails , Equestrians and more. Several New Developments underway in Grimsby , GO train plans , West Lincoln Hospital Expansion , Waterfront Trails +++
Price $2,890,000
Taxes: $4347.37
Tax Type: Annual
Occupancy by: Own+Ten
Address: 29 KEMP Rd East , Grimsby, L3M 4E7, Ontario
Postal Code: L3M 4E7
Province/State: Ontario
Legal Description: PART LOT 8 CONCESSION 4 NORTH GRIMSBY PA
Lot Size: 805.85 x 1707.60 (Feet)
Directions/Cross Streets: Mountain Rd/Kemp Rd
Category: Raw (Outside Official Plan)
Total Area: 32.00
Total Area Code:  Acres
Sewers: Septic Avail
Water: Well
Schools

5 public & 4 Catholic schools serve this home. Of these, 9 have catchments. There are 2 private schools nearby.

Parks & Rec

9 sports fields, 7 ball diamonds and 8 other facilities are found in major parks near this home.

Transit

Rail transit stop less than 4 km away.

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$ /Year
$ /Year
$ /Year
Years
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Percent Down:
Down Payment $144,500 $289,000 $433,500 $578,000
First Mortgage $2,745,500 $2,601,000 $2,456,500 $2,312,000
CMHC/GE $109,820 $80,631 $68,782 $0
Total Financing $2,855,320 $2,681,631 $2,525,282 $2,312,000
Monthly P&I $14,090.49 $13,233.36 $12,461.81 $11,409.3
Expenses $0 $0 $0 $0
Total Payment $14,090.49 $13,233.36 $12,461.81 $11,409.3
Income Required $528,393.3 $496,251.15 $467,317.88 $427,848.82

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX GOLD REALTY INC.
Personal Picture
Hamid-Reza Danaie
Broker
Dir:
416-904-7200
Bus:
905-889-2200
Fax:
905-889-3322
 
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At a Glance:
Type: Com - Land
Area: Niagara
Municipality: Grimsby
Neighbourhood:
Style:
Lot Size: 805.85 x 1707.60(Feet)
Approximate Age:
Tax: $4,347.37
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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