387 Murray St is a 3-bedroom, 2-bathroom detached home in Grimsby, listed for $1,099,900. It has 1500-2000 sq ft of living space.
1The highlight of this property is the breathtaking, fully landscaped backyard a maintenance-free paradise featuring a pristine, heated saltwater pool.
2The primary retreat is a true sanctuary, complete with a large Walk-In Closet (WIC) and a luxurious 5-piece ensuite bath.
3The fully finished basement offers a fantastic rec room and a convenient powder room.
Your Private Summer Oasis Awaits at 387 Murray Street! Located in one of Grimsby's most desirable neighborhoods, this spectacular 3-bedroom plus office/den family home offers the perfect blend of luxury, comfort, and effortless living. The highlight of this property is the breathtaking, fully landscaped backyard a maintenance-free paradise featuring a pristine, heated saltwater pool. Designed for ultimate relaxation and entertainment, it's the perfect staycation spot without the hassle of heavy yard work.Inside, the main level features a bright, seamless open-concept layout highlighted by gorgeous hardwood floors in the spacious living room. Upstairs, you'll find 3 generous bedrooms plus a dedicated office/den ideal for remote work. The primary retreat is a true sanctuary, complete with a large Walk-In Closet (WIC) and a luxurious 5-piece ensuite bath. The fully finished basement offers a fantastic rec room and a convenient powder room. The location is unmatched: enjoy easy, effortless access to the QEW highway for commuting, while being within short walking distance to the beautiful shores of Lake Ontario. Minutes from local schools, the Peach King Centre, and downtown shops. Just move in, open the pool, and enjoy!
3 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $733 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 387 Murray St
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
4 spacesYes garage
Basement
Full, Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
4
Interior
Basement
Full · Finished
Exterior & construction
Pool
Yes
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
387 Murray St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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
$5,403
/mo
based on the purchase price of $1,099,900
$219,980 cash
$879,920 financed
$741,124 total interest
Principal54%$879,920
Interest46%$741,124
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.
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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 2–4 bed homes for sale in Grimsby around $1.1M.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio97.3%On average, homes sold below asking.
Active listings182Homes for sale here right now.
Median vs prior 90 days+3.3%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 162 sales from Jul 24 – Oct 22, 2026 (111 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 387 Murray St
How much is 387 Murray St listed for?
387 Murray St is listed at $1,099,900 (MLS® X13468688). Summitly updates the price as soon as the MLS® record changes.
Is $1,099,900 a good price for 387 Murray St?
Summitly rates it Well Above Market: the asking price is 15% or more above 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 387 Murray St changed?
Yes — it was first listed at $1,149,900 and is now $1,099,900, a drop of $50,000 (4.3%).
How many bedrooms and bathrooms does 387 Murray St have?
387 Murray St has 3 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Grimsby.
How much would the monthly mortgage be on 387 Murray St?
About $5,403 a month — principal and interest on $1,099,900 with 20% down ($219,980), 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 387 Murray St compare with other homes in Grimsby?
Its asking price of $1,099,900 is about 52% above the median sold price in Grimsby over the last 90 days, $723,250, across 162 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 387 Murray St been sold before?
Summitly has no earlier MLS® sale or lease of 387 Murray St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 387 Murray St?
387 Murray St is in Grimsby, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 387 Murray St been on the market?
125 days — 387 Murray St was listed on June 19, 2026.
What is the price per square foot of 387 Murray St?
About $550 to $733 per square foot: the asking price of $1,099,900 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 387 Murray St have parking or a garage?
Yes — the listing gives 4 parking spaces. Garage: Yes.
Does 387 Murray St have a basement, and is it finished?
The listing describes the basement as: Full, Finished.
