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Unit 1 at 49 Ontario

Sold

49 Ontario Street 1, Grimsby, ON L3M 3H2

MLS #X12682148

$432,000

Sold on February 19, 2026

February 19, 2026

Originally listed at $439,900 20 days on market

About This Property

Welcome to the largest unit at Carnegie Lofts, where timeless heritage character meets modern design. This one-of-a-kind 1-bedroom loft (easily adaptable into two bedrooms) spans two storeys plus a full basement and was crafted by the highly respected local builder Phelps Homes. As the original show home of Carnegie Lofts, this residence truly stands apart. Enter through your private street-level entrance into a generous 8' x 7' foyer-a feature unique to this unit. The open-concept main floor boasts soaring 10-foot ceilings, gleaming hardwood floors, and a sleek contemporary kitchen with breakfast bar and pendant lighting, perfectly positioned to overlook the living area-ideal for both everyday living and entertaining. A convenient 2-piece powder room completes the space, while large windows fill the home with natural light, showcasing its warmth and character. Upstairs, the oversized loft bedroom offers a stunning private retreat. The impressive 10' x 8' walk-in closet, originally the building's elevator shaft, still features the authentic antique wood elevator doors, adding a remarkable historical touch. The upper level also includes a spacious 4-piece ensuite with soaker tub and separate shower, along with a discreetly tucked-away laundry area for added convenience. Need more space? The full basement provides ample storage and offers excellent potential to be finished into a recreation room or additional bedrooms. Residents enjoy access to a beautifully landscaped courtyard with BBQs and seating-perfect for summer entertaining. Located just steps from downtown Grimsby's shops, restaurants, and parks, and only a short distance to the lake, this home also offers quick QEW access, making commuting effortless. This is a rare opportunity to own a truly unique piece of Grimsby's history in the largest unit available at Carnegie Lofts. Don't miss this exceptional home.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($425/mo) and property tax ($3,278/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$293/sqft
Grimsby
$520/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 1500 sqft.

Property Details

Bedrooms

1

Bathrooms

2

Square Feet

1400-1599 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeSurface
LockerNo
Heating TypeForced Air
Style2-Storey
Ensuite LaundryNo
Corp #TSCC-184
MLS Size1400-1599
Listed OnJan 8, 2026
Maintenance Fees$425/month
Property Tax$3,278/year

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Rooms

NameSize (m)Size (ft)Features
Foyer(Main)2.69 x 1.518.8 x 5.0-
Foyer(Main)2.69 x 1.518.8 x 5.0-
Dining Room(Main)4.71 x 4.2115.5 x 13.8-
Dining Room(Main)4.71 x 4.2115.5 x 13.8-
Kitchen(Main)4.39 x 2.4314.4 x 8.0-
Kitchen(Main)4.39 x 2.4314.4 x 8.0-
Living Room(Main)8.14 x 4.0426.7 x 13.3-
Living Room(Main)8.14 x 4.0426.7 x 13.3-
Bathroom(Main)1.9 x 1.546.2 x 5.1-
Bathroom(Main)1.9 x 1.546.2 x 5.1-
Loft(Second)6.95 x 3.6822.8 x 12.1-
Loft(Second)6.95 x 3.6822.8 x 12.1-
Bedroom(Second)6.67 x 4.1421.9 x 13.6-
Bedroom(Second)6.67 x 4.1421.9 x 13.6-
Bathroom(Second)3.71 x 2.4112.2 x 7.9-
Bathroom(Second)3.71 x 2.4112.2 x 7.9-
Other(Basement)9.14 x 6.5130.0 x 21.4-
Other(Basement)9.14 x 6.5130.0 x 21.4-
Other(Basement)3.12 x 2.6610.2 x 8.7-
Other(Basement)3.12 x 2.6610.2 x 8.7-

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Unit 1 History

Complete transaction history for this unit

Terminated

Listed: Nov 13, 2025

$469,900

55 days on marketSale
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2 More Transactions Available

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Price History

Original List Price

$439,900

Listed on Jan 8, 2026

Sold Price

$432,000

Sold on Feb 19, 2026

-$7,900

-1.8%

20 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building Name49 Ontario
Address49 Ontario Street, Grimsby
Parking TypeSurface

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About Unit 1 at 49 Ontario

Unit 1 is a residential condo & other with 1 bedroom, 2 bathrooms spanning approximately 1400-1599 square feet located at 49 Ontario, 49 Ontario Street, Grimsby. This unit is currently sold (sold for $432K).

About 49 Ontario

49 Ontario is located at 49 Ontario Street, Grimsby. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

542 - Grimsby East Neighbourhood

This unit is located in 542 - Grimsby East, part of Grimsby in the Niagara area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at 49 Ontario, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 1 49 Ontario Grimsby

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