550 North Service Road, Unit 610, Grimsby, ON

$337,000
MLS#:X13526524
1 beds
1 baths
700-799 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Other condo apartment located in the coveted neighborhood of 540 - Grimsby Beach. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $337,000 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: None
  • equipped with central air central cooling and highly efficient heat pump heating via gas

Description

Experience life in the heart of Grimsby on the Lake. This modern condo community by the lake offers great amenities, including a rooftop patio, landscaped courtyard, outdoor fireplace, fitness centre, party rooms, and concierge service. Inside, enjoy a bright, open-concept layout with 9-foot ceilings and large windows that bring in plenty of natural light. The kitchen features stainless steel appliances and functional space for everyday living. Heated underground parking and quick QEW access make commuting to Toronto or Niagara easy. A great opportunity to be part of a growing lakeside community with a mix of modern living and small-town feel. Some photos are virtually staged; the shown furniture and decor are digital and not included.

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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 11 days. This property is listed at $337,000 with an estimated mortgage of $1,122* per month. It has 1 bed, 1 bathroom, 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

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

Additional Details

StatusSold Conditional
Listed Date7/6/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleOther
ConstructionStucco (Plaster)
BasementNone
CountyNiagara
Annual Tax$3,041

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Beach, Hospital, Lake/Pond, Waterfront

Interior Features

None

Security Features

Community Features

Location

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550 North Service Road, Unit 610, 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 550 North Service Road 610, Grimsby, ON L3M 0H9

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.

Market Trend
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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$101,100 (30.0%)
* Minimum Canadian down payment required for this price is $16,850.
Amortization Period30 Years
Estimated Monthly Payment$1,122Based on a loan of $235,900 over 30 years.
Purchase Price$337,000
Loan Amount$235,900
Provincial Land Transfer Tax:$3,530
Total Estimated Closing Taxes:$3,530

About Purchasing a Home in Grimsby, ON

For a property listed at $337,000 in Grimsby, the legal minimum down payment is $16,850 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 $3,530 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 $3,530.

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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.