550 North Service Road, Unit 708, Grimsby, ON
Property Highlights
Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Grimsby Beach. Expertly crafted featuring premium stucco (plaster) and concrete block construction, this residence presents an exceptional opportunity offered at $2,000 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
- Ample parking with 1.0 garage spaces (1.0 total parking spaces) with a convenient underground configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Experience elevated lakeside living in this beautifully finished 1 bedroom + den residence in the sought-after Grimsby on the Lake community. Designed with both style and functionality in mind, the open-concept layout showcases a sophisticated kitchen featuring stone countertops, stainless steel appliances, and a generous island overlooking the bright living space. Floor-to-ceiling windows capture stunning natural light while framing views of Lake Ontario. Step onto the private balcony to unwind and take in the waterfront scenery. The spacious primary bedroom offers a walk-in closet and convenient ensuite privilege, while the versatile den provides the perfect space for a home office, reading nook, or guest accommodation. Complete with in-suite laundry and an unbeatable location just steps from the waterfront, dining, and local amenities, this is condo living at its finest. *Some photos have been virtually staged.*
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Property Summary
This condo apartment located at 550 North Service Road, Grimsby is currently for sale and has been available for 17 days. This property is listed at $2,000 with an estimated mortgage of $7* per month. It has 1 bed, 1 bathroom, and is 700-799 square feet. 550 North Service Road, Grimsby is in the Grimsby Beach neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Grimsby Beach, Grimsby.
- •1 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •700-799 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Grimsby.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Beach
- Park
Interior Features
- None
Security Features
- Concierge/Security
- Smoke Detector
- Carbon Monoxide Detectors
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Grimsby?
If you are looking for a house in Grimsby or researching Grimsby real estate for sale, this 1-bedroom condo apartment at 550 North Service Road, Unit 708, Grimsby, ON offers an exceptional opportunity to buy a home in Grimsby, Ontario. Whether you are a first-time Grimsby home buyer or comparing active Grimsby MLS® homes for sale, working with a dedicated Grimsby buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Grimsby realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Grimsby Buyer Budget & Costs
Estimated mortgage: $7*/month*. Estimated Ontario Land Transfer Tax: $10. First-time Grimsby home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Grimsby
Frequently Asked Questions about 550 North Service Road, Unit 708, Grimsby, ON
Q.What is the asking price for 550 North Service Road, Unit 708, Grimsby, ON ?
The current listing price for 550 North Service Road, Unit 708, Grimsby, ON in Grimsby Beach, Grimsby is $2,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 1 bedroom and 1 bathroom across approximately 700-799 sqft.
Q.What property type and architectural style is 550 North Service Road, Unit 708, Grimsby, ON ?
550 North Service Road, Unit 708, Grimsby, ON is a Condo Apartment (1 Storey/Apt) featuring a None basement.
Q.What key property features does 550 North Service Road, Unit 708, Grimsby, ON offer?
Key property features include: Beach, Park.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.What security features are installed at 550 North Service Road, Unit 708, Grimsby, ON ?
Security features include: Concierge/Security, Smoke Detector, Carbon Monoxide Detectors.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Grimsby Beach, Grimsby
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 550 North Service Road 708, Grimsby, ON L3M 0H9
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 $2,000 in Grimsby, the legal minimum down payment is $100 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 $10 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 $10.
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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.
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