560 North service Road, Unit 02, Grimsby, ON

$499,988
MLS#:X12193699
3 beds
2 baths
900-999 sqft
2.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on October 22, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Multi-Level condo apartment located in the coveted neighborhood of 540 - Grimsby Beach. Expertly crafted featuring premium concrete and other construction, this residence presents an exceptional opportunity offered at $499,988 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 900-999 sqft
  • 2.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free, Countertop Range, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

***Prime Location! 2-Bedroom Condo Apartment for Sale in Up-and-Coming Grimsby*** Discover this exceptional 2-bedroom condo apartment boasting unobstructed lake views! Located in the thriving community of Grimsby, this unit offers an open concept floor plan designed for modern living. The contemporary kitchen is equipped with stainless steel appliances and quartz countertops, seamlessly flowing into a spacious living and dining area. Enjoy access to a large covered balcony, perfect for relaxing and taking in the scenic views. The primary bedroom is generously sized, featuring a 4-piece en-suite and a walk-in closet for ample storage. The second bedroom is also spacious, ideal for family or guests. Additionally, there's a versatile den that can be used as a home office or a play/game room. Experience a resort-like lifestyle with this condos proximity to the lake. The location is incredibly convenient, situated near the QEW and within walking distance to the GO Station. The building is well-managed, highly secure, 24 hours concierge and offers great convenience. This Spacious Apartment comes with two owned parking spaces and a large locker, providing plenty of storage and parking options. Don't miss this opportunity to own a stunning condo in an excellent location, Building Amenities Include Rooftop Terrace, Party Room, Fitness Centre, 24/7 Concierge, Guest Suites and visitor parking.

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Property Summary

This condo apartment located at 560 North service Road, Grimsby is currently for sale and has been available on SousaSells for 410 days. This property is listed at $499,988 with an estimated mortgage of $1,664* per month. It has 3 beds, 2 bathrooms, and is 900-999 square feet. 560 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
3
Bathrooms
2
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateOctober 22, 2025
Sold price information is available to members only
Listed Date6/3/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleMulti-Level
ConstructionConcrete, Other
BasementNone
CountyNiagara
Annual Tax$4,962

Parking & Garage

Parking Total2.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Public Transit, Park, Clear View, Lake Access, School Bus Route

Interior Features

Carpet Free, Countertop Range, Primary Bedroom - Main Floor

Security Features

Concierge/Security

Community Features

Location

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560 North service Road, Unit 02, 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 560 North service Road 802, Grimsby, ON L3M 0G1

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.

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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$149,996 (30.0%)
* Minimum Canadian down payment required for this price is $24,999.
Amortization Period30 Years
Estimated Monthly Payment$1,664Based on a loan of $349,992 over 30 years.
Purchase Price$499,988
Loan Amount$349,992
Provincial Land Transfer Tax:$6,475
Total Estimated Closing Taxes:$6,475

About Purchasing a Home in Grimsby, ON

For a property listed at $499,988 in Grimsby, the legal minimum down payment is $24,999 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 $6,475 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 $6,475.

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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.