550 North Service Rd 204

Grimsby, L3M 4E8
FOR SALE
$449,900
550 North Service Rd 204, Grimsby
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
550 North Service Rd 204
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Property Description
Kick your feet up and relax. Beautifully appointed and welcoming turnkey condo all within the charming community of Grimsby near the lake. Very bright, spacious, 1 bedrm unique versatile den/office, recently upgrade Matte Shaker kitchen cabinets along with new oak vinyl flooring throughout. You'll love the open concept, all the upgrades with a refreshing appeal leading out to a 126 sq.ft. balcony overlooking the garden terrace. Enjoy all the modern convenience/amenities that come with condo living: inviting party room, gym, yoga room, outdoor garden area with BBQS, not to mention the sense of security/comfort with a full time concierge. Minutes to the new Grimsby GO station, 1 designated underground parking spot #34 Level 1 and locker Level 1. Upgrades include: Google Nest Thermostat, overhead light in living room (remote controlled) New Matte Black Kitchen Faucet, new Overhead Matte Black Light in kitchen, upgraded Matte Shaker kitchen cabinets, new dishwasher (2023), shiplap accent wall in bedroom, closet organization system in bedroom. Upgraded to vinyl flooring in bedroom from carpet (some oak flooring throughout), Matte black faucet in bathroom, vanity medicine cabinet mirror added in bathrm, new overhead light in bath, new detachable shower head (black) RSA
Property Features
Arts Centre, Beach, Campground, Hospital, Lake/Pond, Public Transit
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,630 (2024)
Basement
None
Exterior
Concrete, Stucco/Plaster
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Exclusive
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
DenMain7.91' x 8.33'
KitchenMain8.33' x 10.01'
LivingMain10.01' x 17.42'
BrMain10.01' x 12.01'
OtherMain6.99' x 21.00'
FoyerMain3.51' x 7.74'
LaundryMain3.41' x 5.41'
Grimsby Market Statistics
Grimsby Price Trend
550 North Service Rd 204 is a 1-bedroom 1-bathroom condo listed for sale at $449,900, which is $47,600 (9.6%) lower than the average sold price of $497,500 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 1 bedroom condo in Grimsby declined by $9,750 (1.9%) compared to the previous 30 day period (August 18 - September 16) and up $37,500 (8.2%) from the same time one year ago.
Inventory Change
There were 9 1-bedroom condos listed in Grimsby over the last 30 days (September 17 - October 16), which is up 28.6% compared with the previous 30 day period (August 18 - September 16) and down 30.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Grimsby typically sold ($9,500) (1.9%) below asking price over the last 30 days (September 17 - October 16), which represents a $16,499 increase compared to the previous 30 day period (August 18 - September 16) and ($9,000) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Grimsby over the last 30 days (September 17 - October 16) stood at 22.2%, down from 514.3% over the previous 30 days (August 18 - September 16) and down from 23.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Grimsby stood at 85 days when successfully sold over the last 30 days (September 17 - October 16), compared to 78 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group Innovative Realty Inc.
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