10 Concord Place, Unit 4, Grimsby, ON

$399,900
MLS#:X9378669
1 beds
1 baths
700-799 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on October 22, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 540 - Grimsby Beach. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $399,900 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 700-799 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient heat pump heating via gas

Description

Stop paying rent! This home boasts SUCH unbeatable value! As interest rates continue to drop, OWNING this condo has become more affordable than ever! Call this condo your own & pay LESS than your current monthly rent! That's mortgage payment, condo fees AND taxes! Stop paying someone else's mortgage & grow your own equity today! Today is the day that you take the first step in your own home ownership journey. Get in touch with our team to find out how to make this home your own. This community has it all - restaurants, shops, parks & more. Steps to walking trails & parks along the waterfront, & a short drive to all Niagara Region has to offer including award winning wineries, renowned restaurants & attractions. Proximity to hwy access makes this condo perfect for commuters. Functional layout is fit for first time buyers, couples, and/or investors. $30K in upgrades include upgraded lighting, hardwood floors, granite countertops, walk-in shower w recessed pot light, upgraded shower head & faucet, extended kitchen cabinets & pot drawers, subway tile backsplash, smoke-mirror wall making the suite feel XL, pantry in front closet, front-loading washer & dryer, & remote controlled window coverings throughout. Upgraded stainless steel appliances include an over the stove microwave, fridge with water & ice dispenser, & even a quiet dishwasher. Your new home is complete w one large bedroom, & a den which can be used as a home office, living room, or however you see fit! The washroom is semi-ensuite, making it functional & accessible from both the primary bedroom & the hallway. Make the most of the wonderful weather on your sprawling balcony! The extended space is perfect for entertaining or enjoying your morning coffee. Your new home is complete w 1 parking space, & 2 storage lockers. Building amenities include a party room, amenities room, well equipped gym, & a beautiful rooftop patio w lounges, chairs, dining table & community bbqs.

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Property Summary

This condo apartment located at 10 Concord Place, Grimsby is currently for sale and has been available on SousaSells for 654 days. This property is listed at $399,900 with an estimated mortgage of $1,331* per month. It has 1 bed, 1 bathroom, and is 700-799 square feet. 10 Concord Place, Grimsby is in the 540 - Grimsby Beach neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateOctober 21, 2024
Sold price information is available to members only
Listed Date10/2/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyNiagara
Annual Tax$3,122.33

Parking & Garage

Parking Total1.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Lake/Pond, Hospital, Place Of Worship, Park, Rec./Commun.Centre

Interior Features

Other

Security Features

Community Features

Virtual Tours

Location

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10 Concord Place, Unit 4, 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 10 Concord Place 204, Grimsby, ON L3M 0G6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$119,970 (30.0%)
* Minimum Canadian down payment required for this price is $19,995.
Amortization Period30 Years
Estimated Monthly Payment$1,331Based on a loan of $279,930 over 30 years.
Purchase Price$399,900
Loan Amount$279,930
Provincial Land Transfer Tax:$4,474
Total Estimated Closing Taxes:$4,474

About Purchasing a Home in Grimsby, ON

For a property listed at $399,900 in Grimsby, the legal minimum down payment is $19,995 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 $4,474 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 $4,474.

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City & 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$762,292

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%

Local Schools Guide

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

Homes & Housing

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.