550 North Service Road, Unit 614, Grimsby, ON
Property no longer active
This property was sold on November 23, 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 other and metal/steel siding construction, this residence presents an exceptional opportunity offered at $449,900 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 2 Bathrooms
- Generous living space spanning 700-799 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Auto Garage Door Remote
- equipped with central air central cooling and highly efficient heat pump heating via other
Description
Bright and spacious one floor plan ideally located within walking distance to trendy Grimsby-on-the-Lake. Highlights of this elegant condominium include contemporary decorative choices, cozy den, open concept main floor, unobstructed lake views, private balcony, oversized accessible parking spot and and the rare feature of two full bathrooms (four piece ensuite and three piece main bathroom). This stylish condominium boasts many building amenities including welcoming lobby area, exercise room, party room, rooftop deck and concierge services. Perfectly situated close to Lakefront parks, the highway, award winning wineries, restaurants, shopping and the scenic towns along the Niagara including Grimsby, Beamsville, Vineland and Jordan as well as the bustling city centers of Hamilton, St. Catharines and Burlington.
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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 613 days. This property is listed at $449,900 with an estimated mortgage of $1,498* per month. It has 1 bed, 2 bathrooms, and is 700-799 square feet. 550 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
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 550 North Service Road 614, Grimsby, ON L3M 4E8
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 $449,900 in Grimsby, the legal minimum down payment is $22,495 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 $5,473 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 $5,473.
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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.