New Homes in Grimsby

Browse new pre-construction homes for sale in Grimsby. The list of projects on this page updates automatically, and each project page shows its prices, floor plans and availability.

New Home Prices in Grimsby

Prices for new homes in Grimsby depend on the neighbourhood, the size of the home and its features. For today's prices, see current listings below.

Investing in Grimsby's Real Estate Market

Grimsby is a small town with big growth that spreads over an urban lakeshore along Lake Ontario's coastline, and verdant greenspace inland. Bordering the Hamilton-Burlington area and Niagara, Grimsby is placed between the major economic hubs of the GTA and the USA Border, with the Queen Elizabeth Way running through it to Niagara Falls and Buffalo. Grimsby is made up of a majority of 2+ person households, and over twice as many of its population are in a marriage or common law marriage than those who aren't.

The town appeals to married couples and parents, trending toward middle-aged and their children, and seniors. The average age is 42 years old. Gimsby's ethnic makeup is majority European and other North American. The median household income is $94,145, with a strong higher-income population base and half or less than the Ontario average for low-income population. Its key features are its greenspace. Anything but grim, the town hosts beautiful parks & open spaces.

It has a large amount of lakefront real estate, the township stretching far along the coast with easy access to public and entertainment centres, and to the QEW for quick transit to Niagara and Buffalo, or Hamilton and Toronto. The town has a public art gallery and museum which serve as integral parts of the town's cultural life and expression, often teaching local history of the Niagara Region.

Why Buy a New Pre-construction Home in Grimsby?

Grimsby has strong economic zones on either side, with a fast growing population and developments both along its lakeshore real estate and its verdant greenspace inland.Grimsby is currently developing a large waterfront park with their Casablanca Waterfront Project, focusing on beautification and accessibility to the waterfront area. It hosts beaches, a beautiful waterfront district, and a variety of parks and trails, including leash-free dog parks. All take advantage of the large amount of water and green space the township has available.

According to the RAHB, Grimsby remains one of the most popular towns for pre-construction home sales outside of major population centres like Hamilton & Burlington. Unlike other townships which experienced comparatively larger reductions in number of real estate sales, Grimsby's numbers have only moved slightly. Grimsby rests along the southern crest of the Golden Horseshoe economic region, with the QEW lending quick access to Niagara Falls, Hamilton and the GTA, and the USA border with Buffalo just beyond.

It has the opportunity to thrive from its connection to major economic hubs. According to Statscan, it has experienced a strong population growth compared to the greater Niagara region. According to the Real Estate Investment Network (REIN), Grimsby was among the top ten towns and cities set to outperform the rest of the province. The report placed them as a strong candidate for long-term property investment.

Employment in Grimsby

Grimsby is a small but financially strong town with a largely educated population, and a higher than average household income with a focus in business & finance services, sometimes one third the amount of lower-income peoples. Nearly 70% of the population aged 25-64 have a post-secondary education, with business management and administration, and engineering being the most popular fields. The most popular occupations are management, business and finance, sales/service, trades and healthcare.

The median income for full-time workers is over $10,000 above the regional average at $63,571/yr. Household income averages at $93,145, with a much higher-than-average number of households at and above $100,000.

  • Grimsby is a small but financially strong town with a largely educated population, and a higher than average household income
  • Nearly 70% of the population aged 25-64 have a post-secondary education, with business management and administration, and engineering being the most popular fields
  • The most popular occupations are management, business and finance, sales/service, trades and healthcare

Grimsby Transportation and Accessibility

For Public Transportation, Grimsby utilizes NRT On Demand, a ride-share service linked to a smartphone app. There is also a transportation service specifically for seniors run by volunteers to help with appointments, banking and groceries. Longer public transit journeys are handled by GO busses which ride along highway 81 and the QEW. The vast majority of Grimsby's population drive. For work commutes, 80% of the population needs less than 45 minutes to make the trip, and 26% require less than 15 minutes.

Questions About New Homes in Grimsby

The occupancy period occurs whenever you can move into a condominium unit before the rest of the building is complete. During this time, you'll need to pay the developer a monthly occupancy fee until full ownership is transferred to the buyer. Taxes, condominium fees, and interest on the remaining purchase price are included in occupancy fees. Upon the conclusion of the occupancy period, you will be notified of your final closing date. The final closing means the building has been registered, and the ownership has been transferred to the individual buyers.

The cooling-off period begins when a buyer places the deposit. In Ontario, buyers have up to 10 days to withdraw from their agreement to sell or purchase a property. Buyers will receive their purchase and sale agreements and disclosure documents during the cooling-off period.

Buyers should hire a real estate lawyer to assist them with the process when buying, selling, or refinancing a resale house or pre-construction home. To find a good lawyer, choose someone who specializes in real estate, understands the market, has a competitive rate, and has experience with properties you're interested in. When purchasing a home, resale or pre-construction, a lawyer can help the buyer complete a title search, register the home in the buyer's name, prepare a Statement of Adjustments, and coordinate financial transactions. The cost of hiring a real estate lawyer will depend on the services you'll be receiving and maybe the type of property you will plan on buying.