16 CONCORD Place, Grimsby, ON

$888,800
MLS#:X9407421
2 beds
1 baths
1200-1399 sqft
2.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on November 9, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Other condo apartment located in the coveted neighborhood of 540 - Grimsby Beach. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $888,800 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 1200-1399 sqft on a spacious lot (Feet)
  • 2.0 total parking spaces available with a convenient underground configuration
  • equipped with central air central cooling and highly efficient forced air heating via electric

Description

Exceptional value in Grimsby on the Lake! Waterside living at its finest with views of the Toronto skyline from your huge private terrace! Step into the Aquazul Building II and up to the 7th floor to discover this fabulous 1335 square foot, 2bed 2bath corner suite. Light and bright throughout with extensive floor to ceiling windows - each with power silhouette blinds plus blackout in the primary bedroom. Wonderful open concept design to maximize your living space and to enjoy your views of the lake. The kitchen features a centre island with breakfast bar, quartz counters and high quality appliances including a large wine cooler surrounded by additional cabinetry, a panelled Liebherr side by side fridge/freezer, Fisher & Paykel two drawer dishwasher and an induction cooktop and oven. Dining area with linear fireplace and a spacious living room with custom wood accents that warm the space. From here you can step out to the incredible partially covered 644 square foot terrace perfect for both relaxing and entertaining - rain or shine. The adjacent 2nd bedroom is perfect for guests or as a home office with double pocket doors for either added privacy or keep them wide open for a more connected feel to the main living space. Off the hallway you’ll find the main 4 piece bath, convenient laundry closet with full size W/D and the lux primary suite with walk-in closet, it’s own balcony and a large spa-like 5 piece ensuite with double sink vanity, glass shower and soaker tub. Enjoy the indoor amenities of a fully equipped gym, media room, games room and a large social room available for private events. And now that it’s summer - enjoy the outdoor pool and lounging areas! An amazing bonus is that this beautiful unit also comes with 2 lockers and 2 indoor parking spaces! Live the good life here in Niagara while enjoying the convenience of great restaurants just outside your door and walks along the waterfront pathway. Simply amazing!

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Property Summary

This condo apartment located at 16 CONCORD Place, Grimsby is currently for sale and has been available on SousaSells for 757 days. This property is listed at $888,800 with an estimated mortgage of $2,958* per month. It has 2 beds, 1 bathroom, and is 1200-1399 square feet. 16 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
2
Bathrooms
1
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/21/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleOther
ConstructionBrick, Stucco (Plaster)
CountyNiagara
Annual Tax$3,702.06
Legal DescriptionUNIT 7, LEVEL 7, NIAGARA NORTH STANDARD CONDOMINIUM PLAN NO. 321 AND ITS APPURTENANT INTEREST SUBJECT TO AND TOGETHER WITH EASEMENTS AS SET OUT IN SCHEDULE A AS IN NR593615 TOWN OF GRIMSBY

Parking & Garage

Parking Total2.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital

Interior Features

Security Features

Community Features

Location

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16 CONCORD Place, 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 16 CONCORD Place 707, Grimsby, ON L3M 0J1

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.

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Interest Rate4.00%
Down Payment$266,640 (30.0%)
* Minimum Canadian down payment required for this price is $63,880.
Amortization Period30 Years
Estimated Monthly Payment$2,958Based on a loan of $622,160 over 30 years.
Purchase Price$888,800
Loan Amount$622,160
Provincial Land Transfer Tax:$14,251
Total Estimated Closing Taxes:$14,251

About Purchasing a Home in Grimsby, ON

For a property listed at $888,800 in Grimsby, the legal minimum down payment is $63,880 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 $14,251 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 $14,251.

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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.