For SaleCondo Apt · 1 Storey/AptMLS® #X14164050 · TRREB MLS®
206-550 North Service Rd, Grimsby, Ontario
Grimsby Beach, Grimsby, Ontario L3M 4E8
- Bedrooms
- 1+1
- Bathrooms
- 2
- Type
- Condo Apt
- Basement
- None
$399,900
Estimated market value
About 206-550 North Service Rd
206-550 North Service Rd is a 1+1-bedroom, 2-bathroom condo in Grimsby Beach, Grimsby, listed for sale at an asking price of $399,900 (MLS® X14164050).
Welcome to the picturesque lakeside community of Grimsby! This exquisite condominium, nestled in the highly sought-after Grimsby neighborhood, boasts a generous 918 sq.ft with floor-to-ceiling windows with view of the lake from large balcony. Kitchen features stainless steel appliances, breakfast bar & overlooks the Dining/Living room. One spacious bedroom plus a den, Two bathroom, and an additional dining area. 24 hour Concierge, party room, meeting room, exercise room, media room, rooftop patio/sun deck and underground parking. 2 minutes to QEW & only minutes to downtown Grimsby. Don't miss out on this incredible experience of lakeside luxury living!
Insights
Condition Score
Fair4 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even−$415/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 6 condos with 2 bedrooms for lease in Grimsby Beach right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $3,790 / 2026
- MLS® number
- X14164050
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 6-10
- Days on market
- Size
- 900-999 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Listing history
Buy/sell history for 206-550 North Service Rd, Grimsby, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $399,900 | N/A | For Sale | X14164050 |
Members see the full history. Prices are hidden from signed-out visitors.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Michelle Lacroix for a full comparative market analysis.
Property details
Property
- Property Type
- Condo Apt
- Style
- 1 Storey/Apt
- Community
- Grimsby Beach
- Municipality
- Grimsby
Building
- Size
- 900-999 sqft
- Building Age
- 6-10
- Construction
- Alum Siding
Inside
- Bedrooms
- 1+1
- Bathrooms
- 2
- Bathroom Details
- 1 × 3pc 2nd, 1 × 4pc 2nd
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Stainless Steel Fridge/Stove/Built-in Microwave/Built-in Dishwasher, Washer & Dryer, All Window Covering, All Elfs
- Condo maint.
- $649
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Foyer | 2.13 × 1.22 m | — | Main |
| Den | 2.29 × 3.05 m | — | 2nd |
| Kitchen | 2.34 × 2.84 m | — | Main |
| Living | 3.0 × 4.47 m | — | Main |
| Primary | 2.9 × 4.11 m | — | Main |
| Bathroom | 1.68 × 2.44 m | 4 Pc Ensuite | Main |
| Bathroom | 2.01 × 1.63 m | 3 Pc Bath | Main |
Map and tour
Condos for sale in Grimsby Beach right now
- For sale now
- 26
- Median asking price
- $415K
- New in 7 days
- 3
- Price cuts
- 31%
Middle half: $382K to $512K
6 in 28 days
8 listings
This home is asking 4% below the median.
See all homes in Grimsby BeachAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Land transfer tax on this home
- Ontario land transfer tax
- $4,474
- Total land transfer tax
- $4,474
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $474
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $399,900
- $2,249
- Ontario total
- $4,474
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation2
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 mFrom Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 9.1 m.250 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 5.0 km5 km
Province of Ontario open data
Around the home2
- Nearest rail line: 490 m490 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 2 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is ROLL SURFACE TECHNOLOGIES INC., 650 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Grimsby Power IncorporatedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion, Niagara Regional Broadband Network. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Last Mile Wireless Internet, NWIC, Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Niagara Peninsula Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Smith Public SchoolDSB Niagara | Public · grades JK–8 | 700 m | 91%Grade 6 average |
| St. Gabriel Catholic Elementary SchoolHamilton-Wentworth CDSB | Catholic · grades JK–8 | 2.8 km | 71%Grade 6 average |
| Our Lady of Fatima Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 3.5 km | 77%Grade 6 average |
| Central Public SchoolDSB Niagara | Public · grades 1–8 · French Immersion | 3.7 km | 94%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Blessed Trinity Catholic Secondary SchoolNiagara CDSB | Catholic · grades 9–12 · French Immersion | 2.7 km | 63%Grade 9 math |
| West Niagara Secondary SchoolDSB Niagara | Public · grades 9–12 · French Immersion | 8.3 km | 67%Grade 9 math |
| Orchard Park Secondary SchoolHamilton-Wentworth DSB | Public · grades 9–12 | 8.5 km | 50%Grade 9 math |
| St. John Henry Newman Catholic Secondary SchoolHamilton-Wentworth CDSB | Catholic · grades 9–12 | 11 km | 67%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $79,980
- Total mortgage amount
- $319,920
- Total interest payment
- $227,580
- Total purchase cost
- $627,480
- Mortgage payment
- $1,825/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
38%Monthly carrying cost
$2,790- Rent $2,375
- Shortfall $415
Rental income opens at $2,375, the median asking rent of 6 comparable homes for lease in Grimsby Beach. Type over it with the rent you expect. This is a planning tool, not advice.
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