550 North Service Road, Unit 319, Grimsby, ON

$499,888
MLS#:X13595916
3 beds
2 baths
900-999 sqft
2.0 parking
Residential Condo & Other
550 North Service Road 319, Grimsby, ON L3M 4E8

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 540 - Grimsby Beach. Expertly crafted featuring premium aluminum siding and concrete construction, this residence presents an exceptional opportunity offered at $499,888 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 900-999 sqft
  • 2.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Auto Garage Door Remote, Storage Area Lockers
  • equipped with central air central cooling and highly efficient forced air heating via electric

Description

Welcome to this beautifully maintained 2-bedroom + den, 2-bathroom condo in the desirable Grimsby on the Lake community. Offering 936 sq. ft. of thoughtfully designed living space, plus a 104 sq. ft. private balcony, this bright and spacious suite showcases beautiful views of Lake Ontario and is ready for you to move in and enjoy.Freshly painted throughout, this unit offers a clean, modern feel with an open-concept layout that's perfect for both everyday living and entertaining. Large windows fill the space with natural light, while the versatile den is ideal for a home office, study, or reading area. The primary bedroom features a private ensuite, with another generously sized second bedroom and full bathroom. Additional highlights include two underground parking spaces, one storage locker, and brand-new in-suite full-sized Electrolux washer and dryer, offering both convenience and everyday functionality. Located just steps from the waterfront, walking trails, cafés, restaurants, and parks, and with quick access to the QEW, this home combines luxurious lakeside living with an easy commute to Hamilton, Burlington, and the GTA. Whether you're a first-time buyer, downsizer, or investor, this move-in ready condo is an excellent opportunity to enjoy one of Grimsby's most sought-after waterfront communities.

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Property Summary

This condo apartment located at 550 North Service Road, Grimsby is currently for sale and has been available on SousaSells for 15 days. This property is listed at $499,888 with an estimated mortgage of $1,664* per month. It has 3 beds, 2 bathrooms, and is 900-999 square feet. 550 North Service Road, Grimsby is in the 540 - Grimsby Beach neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in 540 - Grimsby Beach, Grimsby.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 900-999 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Grimsby.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date7/22/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionAluminum Siding, Concrete
BasementNone
CountyNiagara
Annual Tax$4,176

Parking & Garage

Parking Total2.0
Parking Space2
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Lake Access
  • Marina
  • Park
  • Beach

Interior Features

  • Auto Garage Door Remote
  • Storage Area Lockers

Security Features

  • Concierge/Security
  • Smoke Detector
  • Carbon Monoxide Detectors

Community Features

None listed

Frequently Asked Questions about 550 North Service Road, Unit 319, Grimsby, ON

Q.What is the asking price for 550 North Service Road, Unit 319, Grimsby, ON ?

The current listing price for 550 North Service Road, Unit 319, Grimsby, ON in 540 - Grimsby Beach, Grimsby is $499,888.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 2 bathrooms across approximately 900-999 sqft.

Q.What property type and architectural style is 550 North Service Road, Unit 319, Grimsby, ON ?

550 North Service Road, Unit 319, Grimsby, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 550 North Service Road, Unit 319, Grimsby, ON offer?

Key property features include: Lake Access, Marina, Park, Beach.

Q.What interior features are included in this home?

Interior highlights include: Auto Garage Door Remote, Storage Area Lockers.

Q.What security features are installed at 550 North Service Road, Unit 319, Grimsby, ON ?

Security features include: Concierge/Security, Smoke Detector, Carbon Monoxide Detectors.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via Central Air.

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Location

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550 North Service Road, Unit 319, Grimsby, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 550 North Service Road 319, Grimsby, ON L3M 4E8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Grimsby.

Configure Loan Settings

Interest Rate4.00%
Down Payment$149,966 (30.0%)
* Minimum Canadian down payment required for this price is $24,994.
Amortization Period30 Years
Estimated Monthly Payment$1,664Based on a loan of $349,922 over 30 years.
Purchase Price$499,888
Loan Amount$349,922
Provincial Land Transfer Tax:$6,473
Total Estimated Closing Taxes:$6,473

About Purchasing a Home in Grimsby, ON

For a property listed at $499,888 in Grimsby, the legal minimum down payment is $24,994 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,473 for this transaction. As this listing is in Grimsby (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,473.

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540 - Grimsby Beach, Grimsby Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 540 - Grimsby Beach, Grimsby.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$802,129

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in 540 - Grimsby Beach, Grimsby

Elementary Schools

Our Lady of Fatima
Public69 Olive Street, Grimsby, Ontario, L3M 2C3
7.2
Central
Public5 Boulton Avenue, Grimsby, Ontario, L3M 1H6
8.1
Lakeview
Public33 Olive Street, Grimsby, Ontario, L3M 2B9
7.3
Smith
Public18, Grimsby-on-the-Lake, Grimsby, Ontario
9.1
Nelles
PublicGrimsby, Ontario, L3M 1H3
9.4

Secondary Schools

Blessed Trinity
Public145 Livingston Avenue, Grimsby-on-the-Lake, Grimsby, Ontario, L3M 5J6
7.1

540 - Grimsby Beach, Grimsby Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.