$4,095,000
3 Lake Street, Grimsby, ON L3M 2G4
Grimsby Beach
Listing courtesy of CUSHMAN & WAKEFIELD
Grimsby Beach · L3M 3C2
$4,990,000
$25 / sq ft6 days on market
Along Lake Ontario's western shore, Lakecourt Marine comprises approximately 4.6 acres across three adjoining parcels, offered as one holding. With approximately 352 feet of Lake Ontario shoreline and 562 feet of Grimsby Harbour frontage, and a sheltered private harbour, the property combines marine infrastructure, two residences, and substantial waterfront lands.With approximately 2.3 acres identified as developable land, municipal services in place, and Marine Commercial (MC) and Residential Detached 2 (RD2) zoning, the property presents three distinct directions for ownership and investment: continued marine operations, future development, or a private waterfront estate.The harbour and existing infrastructure support the potential renewal of marina operations and complementary marine businesses. The acreage and zoning invite consideration of residential development, boutique hospitality, wellness, and recreational uses, subject to municipal approvals. Alternatively, the shoreline, privacy, and existing homes lend themselves to a waterfront estate or multi-generational retreat.Improvements include a pre-war two-bedroom cottage bungalow with detached garage, a three-bedroom, two-bathroom Viceroy-style raised bungalow, and three accessory buildings. Municipal water, sanitary and storm sewers, and electrical services are in place.Rooted in Grimsby's commercial fishing history, the lands later became a family-operated marina. Still operating on a limited basis, it has approximately 60 existing boat slips designed for vessels up to 42 feet. The protected harbour remains central to its character and future.Within reach of the Greater Toronto and Hamilton Area and Niagara's wine and tourism region, Lakecourt Marine remains one of the few privately owned marina properties along this stretch of Lake Ontario, offering potential for investment, redevelopment, or continued marine use.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 84% of comparable vacant land listings in Grimsby are asking less.
Based on 19 comparable active vacant land listings in Grimsby. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $4,990,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
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$4,095,000
Grimsby Beach
Listing courtesy of CUSHMAN & WAKEFIELD