55 Lakeview Ave is a 2-bedroom, 1-bathroom detached home in Grimsby, listed for $499,900. It has 700-1100 sq ft of living space.
1Welcome to this charming bungalow situated on a generous lot in Grimsby, just a short walk to Lake Ontario!
2Full of character and potential, this home features original hardwood flooring and trim, bringing warmth throughout.
3Enjoy the convenience of being close to downtown Grimsby, shops, restaurants, parks and everyday amenities, while still having the lake just steps from your door.
LOCATION, LOCATION, LOCATION! Welcome to this charming bungalow situated on a generous lot in Grimsby, just a short walk to Lake Ontario! Full of character and potential, this home features original hardwood flooring and trim, bringing warmth throughout. Enjoy the convenience of being close to downtown Grimsby, shops, restaurants, parks and everyday amenities, while still having the lake just steps from your door. An excellent opportunity for first-time buyers looking to get into the market, investors searching for their next project, or anyone looking to make a home their own. With a great-sized lot, plenty of potential and an unbeatable location, this is one you won't want to miss. Don't be TOO LATE! RSA
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $714 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 55 Lakeview Ave
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
4 spaces
Basement
Full, Separate Entrance
Features & systems
Parking & garage
Parking spaces
4
Interior
Basement
Full · Separate Entrance
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
55 Lakeview 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® X14111472$499,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 55 Lakeview Ave 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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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
$2,456
/mo
based on the purchase price of $499,900
$99,980 cash
$399,920 financed
$336,838 total interest
Principal54%$399,920
Interest46%$336,838
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 2–3 bed homes for sale in Grimsby around $500K.
Average days on market35Homes sold in about 35 days on average.
Sale-to-list ratio97.3%On average, homes sold below asking.
Active listings179Homes for sale here right now.
Median vs prior 90 days+3.4%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 165 sales from Jul 25 – Oct 23, 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 55 Lakeview Ave
How much is 55 Lakeview Ave listed for?
55 Lakeview Ave is listed at $499,900 (MLS® X14111472). Summitly updates the price as soon as the MLS® record changes.
Is $499,900 a good price for 55 Lakeview Ave?
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 55 Lakeview Ave changed?
No — 55 Lakeview Ave is still listed at its original asking price of $499,900.
How many bedrooms and bathrooms does 55 Lakeview Ave have?
55 Lakeview Ave has 2 bedrooms 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 55 Lakeview Ave?
About $2,456 a month — principal and interest on $499,900 with 20% down ($99,980), 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 55 Lakeview Ave compare with other homes in Grimsby?
Its asking price of $499,900 is about 31% below the median sold price in Grimsby over the last 90 days, $724,000, across 165 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 55 Lakeview Ave been sold before?
Summitly has no earlier MLS® sale or lease of 55 Lakeview Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 55 Lakeview Ave?
55 Lakeview Ave is in Grimsby, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 55 Lakeview Ave been on the market?
55 Lakeview Ave was listed today (October 23, 2026).
What is the price per square foot of 55 Lakeview Ave?
About $454 to $714 per square foot: the asking price of $499,900 over the 700–1,100 sq ft the listing gives as its size range.
Does 55 Lakeview Ave have parking or a garage?
Yes — the listing gives 4 parking spaces.
Does 55 Lakeview Ave have a basement, and is it finished?
The listing describes the basement as: Full, Separate Entrance.