550 North Service Rd 809

Grimsby, L3M 0G3
FOR SALE
$499,999
550 North Service Rd 809, Grimsby
550 North Service Rd 809
550 North Service Rd 809
550 North Service Rd 809
550 North Service Rd 809
550 North Service Rd 809
550 North Service Rd 809
550 North Service Rd 809
550 North Service Rd 809
550 North Service Rd 809
550 North Service Rd 809
550 North Service Rd 809
550 North Service Rd 809
550 North Service Rd 809
550 North Service Rd 809
550 North Service Rd 809
550 North Service Rd 809
550 North Service Rd 809
550 North Service Rd 809
550 North Service Rd 809
550 North Service Rd 809
550 North Service Rd 809
550 North Service Rd 809
550 North Service Rd 809
550 North Service Rd 809
550 North Service Rd 809
550 North Service Rd 809
550 North Service Rd 809
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BEDROOMS
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BATHROOMS
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KITCHENS
5
ROOMS
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Property Description
Welcome to your modern retreat nestled in the charming community of Grimsby on the Lake! This well laid-out 1-bedroom unit offers a versatile den, perfect for work or relaxation, and a private balcony showcasing breathtaking escarpment view. The open- concept layout seamlessly connects the living and dining areas, creating an inviting space for entertaining or unwinding. Enjoy the convenience of modern amenities and the tranquility of urban living. With easy access to parks, trails, shops, and transit, this is the perfect blend of comfort and convenience. Discover your new oasis in Grimsby!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-03-04 2021-03-22 18 $1,900 - Terminated
Extras
Features & Amenities: BBQs Permitted, Concierge, Exercise Room, Games Room, Media Room, Party Room, Roof Top Deck/Garden, Visitor Parking, Year Round Living. Interior Features: Carpet Free, Concierge/Security
Property Features
Beach, Clear View, Grnbelt/Conserv, Lake/Pond, Park, Rec Centre
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,711 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (Lvl A, Unit 375)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
BathroomFlat7.74' x 7.41'4 Pc Bath
BrFlat10.01' x 12.01'
DenFlat8.07' x 8.66'
FoyerFlat4.00' x 4.76'
KitchenFlat8.23' x 9.84'
LivingFlat9.51' x 14.76'
DiningFlat10.40' x 8.43'
Grimsby Market Statistics
Grimsby Price Trend
550 North Service Rd 809 is a 1-bedroom 1-bathroom condo listed for sale at $499,999, which is $69,139 (16.0%) higher than the average sold price of $430,860 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 1 bedroom condo in Grimsby declined by $96,640 (18.3%) compared to the previous 30 day period (February 19 - March 19) and down $19,140 (4.3%) from the same time one year ago.
Inventory Change
There were 12 1-bedroom condos listed in Grimsby over the last 30 days (March 20 - April 18), which is up 9.1% compared with the previous 30 day period (February 19 - March 19) and up 33.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Grimsby typically sold ($6,719) (1.6%) below asking price over the last 30 days (March 20 - April 18), which represents a $10,619 increase compared to the previous 30 day period (February 19 - March 19) and ($9,450) 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 1-bedroom condos in Grimsby over the last 30 days (March 20 - April 18) stood at 41.7%, up from 18.2% over the previous 30 days (February 19 - March 19) and down from 111.1% 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 29 days when successfully sold over the last 30 days (March 20 - April 18), compared to 65 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Golfi Realty Inc.
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