202 days on market
Virtual Tour360°
$395,000
For Sale

550 North Service Rd, Unit #1202

Grimsby Beach, Grimsby

1+1 Bed|1+1 Bath|Yes|202 days on market

$395,000

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Home Details

Maintenance
$680 / month
Taxes
$207 / month
Total Parking Spots
2
Garage Spaces
2
Balcony
Yes
Furnished
No
Exposure
W
Move-in Date
Immediate
Building Age
0-5 Years
Locker
None
Hydro Included
Yes
Heat Included
Yes
Heating
Forced Air
Water Included
Yes
Kitchens
1
Family Room
Yes
Basement
None
Fireplace
N
Air Conditioning
Central Air
Central Vaccum
No
Exterior
Concrete
Property Type
Condo Apt
Style
Apartment
Status
New

Open House

Sunday, July 27
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Listing Description

Incredible value meets elevated lifestyle in this 12th-floor condo at 550 North Service Road. Welcome to Unit 1202, one of the best-priced units in the building, offering 9-foot ceilings, floor-to-ceiling windows, and rare panoramic views of both Lake Ontario and the Niagara Escarpment. This sun-filled 1-bedroom suite features a sleek open-concept layout with modern finishes, a spacious kitchen, and a large balcony that feels like your own private sky lounge. Located in the vibrant Grimsby-on-the-Lake community, you're just steps from lakeside trails, boutique shops, trendy restaurants, and local amenities. Commuters will love the unbeatable access to the QEW - Toronto is just an hour away. Bonus: TWO OWNED UNDERGROUND PARKING SPOTS, a rare and valuable feature in this building. Enjoy resort-style living with a full-time concierge, a state-of-the-art fitness centre, and a serene rooftop zen garden. Whether you're looking for a weekend escape or a full-time home, this is your chance to own a slice of lakeside luxury at an unbeatable price.
Refrigerator, Stove, Dishwasher, Washer, Dryer, Window Coverings, Electric Light Fixtures

Property History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
Jun 25, 202522$409,000N/ATerminatedX12245099
May 12, 202543$429,000N/ATerminatedX12147415

Rooms

Room dimensions for 550 North Service Rd, Unit #1202, Grimsby
Den
9 x 872 sqft
Kitchen
11 x 13143 sqft
Bathroom
8 x 540 sqft
Living
10 x 12120 sqft
Br
9 x 17153 sqft

Building Amenities

Concierge
Elevator
Exercise Room
Party/Meeting Room
Visitor Parking

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 550 North Service Rd1202 is 2834

Price

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Rate

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Ammortization

Down Payment

$

Total Mortgage


Purchase Price$395000
Down Payment$79000
Mortgage Insurance$0
Total Mortgage$316000

Monthly Payment


Mortgage Payment$1947
Property Taxes$207
Maintenance Fees$680
Monthly Payment$2834
$2834
monthly

Sold Comparables

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About 550 North Service Rd, Unit #1202, Grimsby

Located at 550 North Service Rd Unit #1202, this Grimsby condo is available for sale. This property was listed for $395,000 on Sun Jul 20 2025. This condo's size is 600-699 Sqft. It has 1 bedroom and 1 bathroom. Monthly maintenance is $680 per month and taxes are approximately $2,480 annually. Views are to the West from this property. Step outside onto the open balcony. The property's amenities include Concierge, Elevator, Exercise Room, Party/Meeting Room, Visitor Parking. The property includes the following rooms: Den, Kitchen, Bathroom, Living, Br. This property comes with 2 parking spots. This property also comes with a locker. Heat, Hydro, Water are included with this property. 550 North Service Rd, Grimsby is situated in the Grimsby Beach neighbourhood.


MLS#: X12292663 · $395,000 · 1 bedroom condo in Grimsby Beach, Grimsby