550 NORTH SERVICE Road, Unit 1504, Grimsby, ON

$874,900
MLS#:X13691860
2 beds
2 baths
1000-1199 sqft
2.0 parking
Residential Condo & Other
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Added:Aug 19, 2026(10 days ago)
Updated:Aug 19, 2026(10 days ago)
Last Checked:9 minutes ago

Property Highlights

Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Grimsby Beach. Expertly crafted featuring premium concrete poured construction, this residence presents an exceptional opportunity offered at $874,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • 2.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Auto Garage Door Remote, Intercom, Separate Hydro Meter
  • equipped with central air central cooling and highly efficient heat pump heating via electric

Description

Experience elevated penthouse living in the heart of Grimsby on the Lake, where sweeping views of Lake Ontario, the escarpment, and unforgettable sunsets create a truly exceptional backdrop. Offering approximately 2,000 square feet of combined indoor and outdoor living space, this residence delivers a rare blend of luxury, space, and lifestyle. Soaring 11-foot ceilings and expansive wall to wall windows flood the open concept interior with natural light. The thoughtfully designed living, dining, and kitchen areas are ideal for both everyday living and sophisticated entertaining. The chef's kitchen features premium appliances, granite countertops, a striking tile backsplash, and an oversized island with generous seating. Two well-appointed bedrooms and two bathrooms provide comfort and privacy, including a serene primary suite with direct access to the terrace, perfect for enjoying evening sunsets over the lake. A standout feature of this penthouse is the expansive wraparound terrace and balcony, offering approximately 900 square feet of outdoor space for entertaining or quiet relaxation. Located within the sought after Waterview Condominium, residents enjoy 24 hour concierge service and are just steps from boutique shops, restaurants, and waterfront trails, with convenient highway access to Niagara and Toronto. A refined lakeside lifestyle awaits, whether as a full time residence or an exceptional retreat.

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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 10 days. This property is listed at $874,900 with an estimated mortgage of $2,912* per month. It has 2 beds, 2 bathrooms, and is 1000-1199 square feet. 550 NORTH SERVICE Road, Grimsby is in the Grimsby Beach neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Grimsby Beach, Grimsby.

Highly Recommended for Families
What We Love About This Home
  • •2 spacious bedroom layout offering versatile living space
  • •2 well-appointed bathrooms
  • •1000-1199 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Grimsby.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
AddedAug 19, 2026 (10 days ago)
UpdatedAug 19, 2026 (10 days ago)
Last Checked9 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural Style1 Storey/Apt
ConstructionConcrete Poured
BasementNone
CountyNiagara
Annual Tax$5,619

Parking & Garage

Parking Total2.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Auto Garage Door Remote
  • Intercom
  • Separate Hydro Meter

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 550 NORTH SERVICE Road, Unit 1504, Grimsby, ON

Q.What is the asking price for 550 NORTH SERVICE Road, Unit 1504, Grimsby, ON ?

The current listing price for 550 NORTH SERVICE Road, Unit 1504, Grimsby, ON in Grimsby Beach, Grimsby is $874,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 2 bathrooms across approximately 1000-1199 sqft.

Q.What property type and architectural style is 550 NORTH SERVICE Road, Unit 1504, Grimsby, ON ?

550 NORTH SERVICE Road, Unit 1504, Grimsby, ON is a Condo Apartment (1 Storey/Apt) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Auto Garage Door Remote, Intercom, Separate Hydro Meter.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via Central Air.

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Location

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550 NORTH SERVICE Road, Unit 1504, Grimsby, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Grimsby Beach, Grimsby

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–Ľ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

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.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

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.

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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 1504, 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$262,470 (30.0%)
* Minimum Canadian down payment required for this price is $62,490.
Amortization Period30 Years
Estimated Monthly Payment$2,912Based on a loan of $612,430 over 30 years.
Purchase Price$874,900
Loan Amount$612,430
Provincial Land Transfer Tax:$13,973
Total Estimated Closing Taxes:$13,973

About Purchasing a Home in Grimsby, ON

For a property listed at $874,900 in Grimsby, the legal minimum down payment is $62,490 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 $13,973 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 $13,973.

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Grimsby Beach, Grimsby Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Grimsby Beach, Grimsby.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$756,904

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%

Best Schools in Grimsby Beach, Grimsby

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

Grimsby Beach, Grimsby Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

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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.

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