520 North Service Road, Unit 2, Grimsby, ON
Property no longer active
This property was sold on June 17, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of 540 - Grimsby Beach. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $499,900 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-799 sqft
- 1.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this stunning Lakeview condo in the heart of Grimsby-on-the-Lake. This beautifully maintained building features just 33 residential units, providing a quiet and private living environment. Located between the breathtaking Niagara Escarpment and Lake Ontario, this condo offers the perfect blend of comfort, style, and convenience. This 2-bedroom, 1-bathroom condo boasts a spacious, open-concept floor plan, ideal for both relaxing and entertaining. The well-designed kitchen features updated appliances, while the large windows throughout the home allow natural light to flood the space, creating a bright and inviting atmosphere. Step outside onto your private balcony and take in the stunning views of Lake Ontario. Convenience is key with this prime location. Just minutes from the QEW, you'll have easy access to commuting routes, and the upcoming GO train station at Casablanca will provide even more convenience in the future. This condo is also within walking distance of many local amenities including restaurants, cafes. Plus Costco and shopping centres just a short drive away, offering everything you need just around the corner. In addition to its excellent location, this unit offers an owned parking space, a large storage locker. Enjoy the outdoors with access to scenic trails, the Fifty Point Conservation Area, perfect for hiking or biking along the waterfront and Escarpment. This is an incredible opportunity to own in one of Grimsbys most sought-after locations.
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Property Summary
This condo apartment located at 520 North Service Road, Grimsby is currently for sale and has been available on SousaSells for 469 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 2 beds, 1 bathroom, and is 700-799 square feet. 520 North Service Road, 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Beach, Lake/Pond, Marina, Park, School, Waterfront
Interior Features
None
Security Features
Community Features
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Location
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 520 North Service Road 202, Grimsby, ON L3M 0C9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Grimsby, ON
For a property listed at $499,900 in Grimsby, the legal minimum down payment is $24,995 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 $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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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.