550 North Service Road, Grimsby, ON
Property no longer active
This property was sold on August 13, 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 concrete and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $414,900 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 600-699 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient heat pump heating via gas
Description
Welcome to Grimsby on the Lake, this modern 3 years old 9 ft ceiling, 1 bedroom plus Den/Office, with 1 Bath. Spotlessly clean, bright unit. Enjoy spectacular sunrises and a wonderful view of Lake Ontario and the quaint community on your over-sized large balcony (251 sq feet), with North-East exposure. Open concept layout creates airy ambiance! Laminate flooring throughout, with tile in the bathroom. Spacious bedroom with a nice sized walk-in closet. Kitchen has upgraded Oak cabinets with Granite counter tops and undermount sink with backsplash. Great floor plan with added island/breakfast bar. In-suite Laundry with extra storage space. The building's common areas include party/games room, gym, yoga room, outdoor rooftop space with large barbecues. Your front lobby has full-time concierge/security. Minutes to the future Grimsby GO Station, beautiful walking/bike path, retail shops, restaurants, QEW. Comes with 1 owned underground parking spot and locker! Live the ultimate Lakeside lifestyle in this exquisite condo. Check out the 3D Virtual Tour!
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Property Summary
This condo apartment located at 550 North Service Road, Grimsby is currently for sale and has been available on SousaSells for 764 days. This property is listed at $414,900 with an estimated mortgage of $1,381* per month. It has 1 bed, 1 bathroom, and is 600-699 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Beach, Greenbelt/Conservation, Marina, Park, Public Transit, Ravine
Interior Features
Water Heater
Security Features
Concierge/Security
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 550 North Service Road 211, Grimsby, ON L3M 4E8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Grimsby.
Configure Loan Settings
About Purchasing a Home in Grimsby, ON
For a property listed at $414,900 in Grimsby, the legal minimum down payment is $20,745 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 $4,773 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 $4,773.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for 540 - Grimsby Beach, Grimsby.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.