520 North Service Road, Unit 2, Grimsby, ON
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 stone construction, this residence presents an exceptional opportunity offered at $379,900 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
- Notable attributes: Storage Area Lockers
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Stunning condo with expansive views of Lake Ontario in prestigious and highly desirable Grimsby on the Lake neighbourhood. This secure and beautifully maintained building is located between the breathtaking Escarpment and Lake Ontario and is just minutes to the QEW, beaches, multiple waterfront and escarpment trails, boutiques, future GO Station, and all other amenities. This stylish condo offers an open concept design, large windows offering breathtaking views of the lake, a modern kitchen with quartz counters, two tone cabinetry, island & stainless steel appliances. Other features include California shutters, convenient in-suite laundry, an updated 3pc bath, private balcony overlooking the Lake, and updated light fixtures. Unit comes with 1 parking space (#402) and a storage locker (#L24). Condo fees include heat, water, common elements, and parking.
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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 85 days. This property is listed at $379,900 with an estimated mortgage of $1,265* per month. It has 1 bed, 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, Park, Greenbelt/Conservation, Lake Access
Interior Features
Storage Area Lockers
Security Features
Community Features
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 402, 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 $379,900 in Grimsby, the legal minimum down payment is $18,995 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 $4,174 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 $4,174.
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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.