550 North Service Rd 910
Grimsby, L3M 0H9
FOR SALE
$639,900
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Property Description
Discover lakeside living just minutes from downtown Grimsby-on-the-Lake at this incredible 2-bed + private Den unit, boasting one of the largest layouts. Enjoy unbeatable views and 9th-floor privacy with no neighbours above! Revel in some of the best Lake views, thanks to 11' ceilings and floor-to-ceiling windows, and the covered balcony with 300+ sq ft designed for relaxing or hosting. The open concept kitchen features a multipurpose island, quartz countertops, and stainless steel appliances. The primary bedroom offers a glass-showered ensuite and walk-in closet, while the second bedroom has a 4pc guest bath. The versatile bonus den space is perfect for a home office or 3rd bedroom. In-suite laundry and numerous amenities add convenience to this stylish lakeside retreat. Elevate your lifestyle with comfort, style, and breathtaking scenery. Plus, enjoy proximity to essential amenities, downtown Grimsby on the Lake, local dining and wineries, and the expanding waterfront trail.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-04-29 | 2024-06-27 | 59 | $649,900 | - | Terminated |
2024-02-28 | 2024-04-29 | 61 | $649,900 | - | Terminated |
2024-02-02 | 2024-02-28 | 26 | $674,900 | - | Terminated |
2024-01-18 | 2024-02-02 | 15 | $679,000 | - | Terminated |
2022-08-09 | 2022-10-30 | 101 | $749,800 | - | Expired |
Property Features
Beach, Grnbelt/Conserv, Lake/Pond, Marina, Park
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$4,323 (2023)
Basement
None
Exterior
Brick, Stucco/Plaster
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Exclusive
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 8.43' x 10.07' | |
Living | Main | 11.15' x 17.26' | |
Prim Bdrm | Main | 12.76' x 12.99' | Ensuite Bath, W/I Closet |
2nd Br | Main | 10.01' x 11.75' | |
Office | Main | 7.41' x 9.25' | |
Laundry | Main | 4.66' x 4.92' |
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Grimsby Market Statistics
Grimsby Price Trend
550 North Service Rd 910 is a 2-bedroom 2-bathroom condo listed for sale at $639,900, which is $24,900 (4.0%) higher than the average sold price of $615,000 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 2 bedroom condo in Grimsby declined by $159,950 (20.6%) compared to the previous 30 day period (July 9 - August 7) and down $330,000 (34.9%) from the same time one year ago.Inventory Change
There were 9 2-bedroom condos listed in Grimsby over the last 30 days (August 8 - September 6), which is up 80.0% compared with the previous 30 day period (July 9 - August 7) and up 80.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Grimsby typically sold ($30,900) (5.0%) below asking price over the last 30 days (August 8 - September 6), which represents a $21,000 decrease compared to the previous 30 day period (July 9 - August 7) and ($92,400) 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 (August 8 - September 6) stood at 277.8%, up from 120.0% over the previous 30 days (July 9 - August 7) and up from 40.0% 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 (August 8 - September 6), compared to 120 days before being removed from the market upon being suspended or terminated.Listing contracted with Your Home Sold Guaranteed Realty Elite
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