Welcome to 118 Central Avenue. There is lots of upgrades in the house! Approx. 150K in recent upgrades in the house: new roof (2026),Newer Kitchen, flooring, paint, newer washrooms, Pot Lights. This custom-built beauty is centrally located in a highly sought-after area of Grimsby. Sitting on a large corner lot, this family home features 4bedrooms and 3 bathrooms. Plus a one-bedroom finished basement with a full washroom and a separate entrance. Good rental potential. Also, there is an additional recreation room finished with a kitchenette counter and fridge. From the moment you walk through the door, you will be drawn to the open and airy feel of the home. A newly added fireplace feature in the family room will certainly be a favourite place to cozy up at the end of the day. A large walk-in closet and feature wall have been added to the fabulous master bedroom. Plus, many other upgrades throughout the home. A very big wooden deck with an above-ground pool in the backyard for summer fun. A must-see home in the Area!
4 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $475 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 118 Central Ave
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
2000-2500 sq ftas stated on the listing
Lot size
104.25 x 70.13
Parking
6 spacesYes garage
Basement
Finished, Separate Entrance
Features & systems
Parking & garage
Garage
Yes
Parking spaces
6
Interior
Basement
Finished · Separate Entrance
Exterior & construction
Pool
Yes
Lot & land
Lot dimensions
104.25 x 70.13
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
118 Central Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14157330$949,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 118 Central Ave Compares to the Grimsby Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,667
/mo
based on the purchase price of $949,900
$189,980 cash
$759,920 financed
$640,052 total interest
Principal54%$759,920
Interest46%$640,052
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Grimsby
Other 3–4 bed homes for sale in Grimsby around $950K.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio97.3%On average, homes sold below asking.
Active listings186Homes for sale here right now.
Median vs prior 90 days+4.6%Compared with May 10 – Aug 8, 2026: prices up.
Based on 168 sales from Aug 8 – Nov 6, 2026 (108 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 118 Central Ave
How much is 118 Central Ave listed for?
118 Central Ave is listed at $949,900 (MLS® X14157330). Summitly updates the price as soon as the MLS® record changes.
Is $949,900 a good price for 118 Central Ave?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Grimsby. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 118 Central Ave changed?
No — 118 Central Ave is still listed at its original asking price of $949,900.
How many bedrooms and bathrooms does 118 Central Ave have?
118 Central Ave has 4 bedrooms and 3 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in Grimsby.
How much would the monthly mortgage be on 118 Central Ave?
About $4,667 a month — principal and interest on $949,900 with 20% down ($189,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 118 Central Ave compare with other homes in Grimsby?
Its asking price of $949,900 is about 30% above the median sold price in Grimsby over the last 90 days, $732,000, across 168 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 118 Central Ave been sold before?
Summitly has no earlier MLS® sale or lease of 118 Central Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 118 Central Ave?
118 Central Ave is in Grimsby, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 118 Central Ave been on the market?
1 day — 118 Central Ave was listed on November 5, 2026.
What is the price per square foot of 118 Central Ave?
About $380 to $475 per square foot: the asking price of $949,900 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 118 Central Ave have parking or a garage?
Yes — the listing gives 6 parking spaces. Garage: Yes.
Does 118 Central Ave have a basement, and is it finished?
The listing describes the basement as: Finished, Separate Entrance.
