This property was sold on November 4, 2024. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 540 - Grimsby Beach. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $639,900 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.
BUYER BONUS! DONT PAY PROPERTY TAXES UNTIL 2026 - SELLER TAKES CARE OF IT! Discover lakeside living just minutes from downtown Grimsby-on-the-Lake at this incredible Penthouse level 2-bed + private Den unit, boasting one of the largest layouts in the condo. Enjoy unbeatable views and 9th-floor privacy with no units above! Revel in some of the best Lake views, thanks to the soaring 11' ceilings and floor-to-ceiling windows, and the covered terrace with 300+ sq ft designed for relaxing or hosting. The open concept kitchen features a multipurpose island, quartz countertops, and stainless steel appliances. The primary bedroom offers a glass-showered ensuite and walk-in closet, while the second bedroom has a 4pc guest bath. The versatile bonus den space is perfect for a home office or 3rd bedroom. In-suite laundry, pot lights in every room, and numerous amenities add convenience to this stylish lakeside retreat. Elevate your lifestyle with comfort, style, and breathtaking scenery. Plus, enjoy proximity to essential amenities, downtown Grimsby, local dining and wineries, and the expanding waterfront trail.
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This condo apartment located at 550 North Service Road, Grimsby is currently for sale and has been available on SousaSells for 673 days. This property is listed at $639,900 with an estimated mortgage of $2,130* per month. It has 2 beds, 2 bathrooms, and is 1000-1199 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.Beach, Greenbelt/Conservation, Lake/Pond, Marina, Park
Auto Garage Door Remote, Carpet Free, Intercom, Storage Area Lockers
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 550 North Service Road 910, Grimsby, ON L3M 0H9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Grimsby.
About Purchasing a Home in Grimsby, ON
For a property listed at $639,900 in Grimsby, the legal minimum down payment is $38,990 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 $9,273 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 $9,273.
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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.