560 North Service Rd 405
Grimsby, L3M 0G1
FOR SALE
$468,800
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Property Description
Location, location, location! Discover the perfect blend of comfort and natural beauty in this spacious 1-bedroom plus den condo in the breathtaking waterfront community of Grimsby-on-the-Lake. Revel in unobstructed views of Lake Ontario and the iconic Toronto skyline from your large balcony. This inviting residence offers a serene retreat with stunning lake vistas, while providing convenient access to the QEW and the upcoming GO Train Station. Embrace the surrounding parks, waterfront, and vibrant local dining and shopping options. Your dream home with magnificent lake views and modern amenities with roof top patio BBQ awaits in Grimsby-on-the-Lake!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2021-07-27 | 2021-09-02 | 37 | $454,900 | $450,000 | Sold |
Extras
Sofas, bed-frame, bar chairs, patio furniture can be negotiated and included Agreement of Purchase & Sale
Property Features
Beach, Clear View, Lake/Pond, Marina, School
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$4,348 (2024)
Basement
None
Exterior
Stone, Stucco/Plaster
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
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Grimsby Market Statistics
Grimsby Price Trend
560 North Service Rd 405 is a 1-bedroom 2-bathroom condo listed for sale at $468,800, which is $29,700 (6.0%) lower than the average sold price of $498,500 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 1 bedroom condo in Grimsby increased by $18,500 (3.9%) compared to the previous 30 day period (July 9 - August 7) and up $18,501 (3.9%) from the same time one year ago.Inventory Change
There were 6 1-bedroom condos listed in Grimsby over the last 30 days (August 8 - September 6), which is down 50.0% compared with the previous 30 day period (July 9 - August 7) and down 40.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Grimsby typically sold ($24,999) (5.0%) below asking price over the last 30 days (August 8 - September 6), which represents a $0 decrease compared to the previous 30 day period (July 9 - August 7) and ($10,450) 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 (August 8 - September 6) stood at 1,033.3%, up from 108.3% 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 1-bedroom 2-bathroom condo in Grimsby stood at 62 days when successfully sold over the last 30 days (August 8 - September 6), compared to 92 days before being removed from the market upon being suspended or terminated.Listing contracted with Ipro Realty Ltd
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