550 North Service Rd 705
Grimsby, L3M 0H9
FOR SALE
$774,900
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BEDROOMS2
BATHROOMS1
KITCHENS4
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Property Description
Absolutely Amazing !!,Luxurious !!Extra Large !Stunning .Executive 2 Bedroom,2Bath Spectacular Waterview Condo~memorable Panoramic Views Of The Toronto Skyline And Lake Ontario .Huge Private 367 Sq.Ft. Terrace with Unabstracted Views Of Lake .Plus Additional Balcony 155 SQ.Ft. Two Parking & One Locker Included .Impressive Open Concept Design, Offering Beautiful Kitchen W/ Quartz Countertops.. Backsplash , A Huge Island For Entertaining With Sweeping Views From Every Angle! In-Suite Laundry .Walls Of Windows & Endless Natural Light. Perfect Split Bedroom Layout. High Ceilings Engineering Hardwood Floor Steps from the water, shops, boardwalk and Niagara Escarpment. Word Class Amenities include Exercise Room/Gym, Party Room, Meeting Room & Pool Table. Minutes to Costco, Walmart, Metro, Rona, Superstore...and of course, Tim Hortons! Easy Commute to everywhere-GO Stop, Hamilton, Toronto, Niagara etc.-with easy QEW and Hwy 403 Access! Your Private Waterfront Oasis in Beautiful Grimsby on the Lake!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-04 | 2024-07-30 | 90 | $799,999 | - | Expired |
| 2023-11-10 | 2024-02-10 | 92 | $880,000 | - | Expired |
Extras
Close To Waterfront Trails, Escarpment Hikes, Great Shopping Centers Nearby, Dining And Local Wineries.
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$5,078 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (P2)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 13.25' x 21.03' | Hardwood Floor, W/O To Balcony, Open Concept |
| Dining | Main | 13.25' x 21.03' | Hardwood Floor, Open Concept, Combined W/Living |
| Kitchen | Main | 8.43' x 17.45' | Open Concept, Centre Island, Quartz Counter |
| Prim Bdrm | Main | 12.63' x 12.93' | W/I Closet, 4 Pc Ensuite |
| Br | Main | 9.97' x 13.55' | W/O To Balcony, W/I Closet |
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Grimsby Market Statistics
Grimsby Price Trend
550 North Service Rd 705 is a 2-bedroom 2-bathroom condo listed for sale at $774,900, which is $239,900 (44.8%) higher than the average sold price of $535,000 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 2 bedroom condo in Grimsby declined by $80,000 (13.0%) compared to the previous 30 day period (August 18 - September 16) and down $60,000 (10.1%) from the same time one year ago.Inventory Change
There were 2 2-bedroom condos listed in Grimsby over the last 30 days (September 17 - October 16), which is down 77.8% compared with the previous 30 day period (August 18 - September 16) and down 50.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Grimsby typically sold ($14,900) (2.8%) below asking price over the last 30 days (September 17 - October 16), which represents a $16,000 increase compared to the previous 30 day period (August 18 - September 16) and ($44,900) more 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 2-bedroom condos in Grimsby over the last 30 days (September 17 - October 16) stood at 50.0%, down from 188.9% over the previous 30 days (August 18 - September 16) and up from 25.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Grimsby stood at 42 days when successfully sold over the last 30 days (September 17 - October 16), compared to 93 days before being removed from the market upon being suspended or terminated.Listing contracted with Gowest Realty Ltd.
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