49 Ridge Rd E is a 1-bedroom, 1-bathroom detached home in Grimsby, listed for $689,000. It has 700-1100 sq ft of living space.
1Fantastic opportunity to own a property with an 80 ft frontage and over 3/4 of an acre lot that is backed on to The Niagara Escarpment and the Bruce Trail with incredible privacy.
2Live in, Renovate or Tear down / Build the home of your dreams are all potential options.
3The open concept floor plan in the primary rooms where you can spend most of your time.
Fantastic opportunity to own a property with an 80 ft frontage and over 3/4 of an acre lot that is backed on to The Niagara Escarpment and the Bruce Trail with incredible privacy. Live in, Renovate or Tear down / Build the home of your dreams are all potential options. The current home needs a little TLC but offers 2 bedrooms and 1 full bathroom. The primary bedroom is located on the main floor and the second in the loft area. The open concept floor plan in the primary rooms where you can spend most of your time. The double car garage can be used for any hobby you have or for storage. Having a home on the property can offer any buyer the benefits of financing.
1 bedroom, 1 bathroom, about 700 sq ft, works out to roughly $984 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 49 Ridge Rd E
Every detail from the listing, in one place.
Type
Detached
Style
1 1/2 Storey
Living space
700-1100 sq ftas stated on the listing
Parking
8 spacesYes garage
Basement
Full
Features & systems
Parking & garage
Garage
Yes
Parking spaces
8
Interior
Basement
Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 1/2 Storey
Property class
Detached
49 Ridge Rd E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14029518$689,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 49 Ridge Rd E Compares to the Grimsby Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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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
$3,385
/mo
based on the purchase price of $689,000
$137,800 cash
$551,200 financed
$464,255 total interest
Principal54%$551,200
Interest46%$464,255
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 3–4 bed homes for sale in Grimsby around $689K.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio97.4%On average, homes sold below asking.
Active listings191Homes for sale here right now.
Median vs prior 90 days+3.2%Compared with Apr 17 – Jul 16, 2026: prices up.
Based on 164 sales from Jul 16 – Oct 14, 2026 (105 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 49 Ridge Rd E
How much is 49 Ridge Rd E listed for?
49 Ridge Rd E is listed at $689,000 (MLS® X14029518). Summitly updates the price as soon as the MLS® record changes.
Is $689,000 a good price for 49 Ridge Rd E?
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 49 Ridge Rd E changed?
No — 49 Ridge Rd E is still listed at its original asking price of $689,000.
How many bedrooms and bathrooms does 49 Ridge Rd E have?
49 Ridge Rd E has 1 bedroom and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Grimsby.
How much would the monthly mortgage be on 49 Ridge Rd E?
About $3,385 a month — principal and interest on $689,000 with 20% down ($137,800), 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 49 Ridge Rd E compare with other homes in Grimsby?
Its asking price of $689,000 is about 5% below the median sold price in Grimsby over the last 90 days, $722,250, across 164 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 49 Ridge Rd E been sold before?
Summitly has no earlier MLS® sale or lease of 49 Ridge Rd E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 49 Ridge Rd E?
49 Ridge Rd E is in Grimsby, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 49 Ridge Rd E been on the market?
1 day — 49 Ridge Rd E was listed on October 13, 2026.
What is the price per square foot of 49 Ridge Rd E?
About $626 to $984 per square foot: the asking price of $689,000 over the 700–1,100 sq ft the listing gives as its size range.
Does 49 Ridge Rd E have parking or a garage?
Yes — the listing gives 8 parking spaces. Garage: Yes.
Does 49 Ridge Rd E have a basement, and is it finished?
