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Home ON Greater Hamilton Grimsby Casablanca & Area
32 - 382 WINSTON ROAD
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32 - 382 WINSTON ROAD $749,999
$749,999
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32 - 382 WINSTON ROAD
Grimsby (Grimsby Beach), Ontario L3M0H2

MLS® Number: X12174731

Listing Description

Incredible Investment Opportunity Fully Leased Corner income-generating Commercial Unit in Grimsby-On-The-Lake.Strategically positioned on a corner unit with maximum exposure from both sides, this main floor retail space enjoys exceptional visibility in a high-traffic area, surrounded by new residential developments and anchored in a thriving commercial corridor.This property is currently tenanted by a fully fixtured hair salon with a five-year lease in place until July 2030, generating stable monthly rental income with built-in increases, totaling $250,000 over the lease term. The lease structure ensures reliable, escalating cash flow throughout the term. Importantly, the agreement provides landlord termination rights upon lease expiry, offering long-term flexibility to the future owner.Located just minutes from GO Transit, QEW access, and shopping destinations, this unit is ideal for investors seeking turnkey passive income and long-term capital appreciation.The Grimsby waterfront area is undergoing rapid transformation with new high-rise developments and proposed infrastructure upgrades, further boosting the area's growth potential and foot traffic. The property benefits from an unparalleled location in Grimsby's rapidly growing waterfront district. Positioned just steps from GO Transit services and with direct access to the QEW Highway, the location offers exceptional connectivity with Hamilton only 10 minutes away, St. Catharines within 20 minutes, and Toronto accessible within one hour. The strategic positioning places the property just 30 minutes from the Canada/US border and near the proposed new GO Train stop, enhancing long-term accessibility and growth potential.Note: This is a real estate investment opportunity. The hair salon business is not included in the sale. (40544707)

Location Description

Winston Rd & Casablanca

Property Summary

Property Type
Retail
Community Name
540 - Grimsby Beach
Land Size
Unit=60 x 60 FT
Age Of Building
6 to 15 years
Annual Property Taxes
$7,298
Time on REALTOR.ca
31 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Electric)
Utilities
Water
Municipal water

Measurements

Square Footage
1000 sqft

Land

Lot Features
Frontage
60 ft
Land Depth
60 ft
Other Property Information
Zoning Description
Commercial
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
BHARAT KALRA