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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Grimsby
  • 540 - Grimsby Beach
  • 550 North Service Road
550-north-service-road-grimsby-ontario-x12292663
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  • Sold Sold in Aug 2025
  • Condo Apt

1202 - 550 North Service Road

Grimsby, 540 - Grimsby Beach
  • 1 + 1 Bedrooms
  • 1 Bathrooms
  • 2 Garage
  • Share
Sold Price: $ 390,000
1.27%
Listed Price: $ 395,000
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Key Facts About 1202 - 550 North Service Road, Grimsby

  • Tax $2,480 / 2025
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $680
  • Building Age 0-5
  • Size 600 - 699 feet²
  • Listing # X12292663
  • Data Source PROPTX
  • Days on Market 25
  • Listed On 18/07/2025
  • Updated On 07/11/2025
  • Market Demand
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Description

Incredible value meets elevated lifestyle in this 12th-floor condo at 550 North Service Road. Welcome to Unit 1202, one of the best-priced units in the building, offering 9-foot ceilings, floor-to-ceiling windows, and rare panoramic views of both Lake Ontario and the Niagara Escarpment. This sun-filled 1-bedroom suite features a sleek open-concept layout with modern finishes, a spacious kitchen, and a large balcony that feels like your own private sky lounge. Located in the vibrant Grimsby-on-the-Lake community, you're just steps from lakeside

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Property Details of 1202 - 550 North Service Road, Grimsby

Property

  • Property Type Condo Apt
  • Style Apartment
  • Community 540 - Grimsby Beach
  • Municipality Grimsby

Inside

  • Bedrooms 1
  • Bathrooms 1
  • Kitchen 1
  • Rooms 5
  • Family Rooms N
  • Central Vac N
  • Fireplace N

Utilities

  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 600 - 699 feet²
  • Architecture Style Apartment
  • Exterior Feature Concrete
  • Amenities Concierge, Elevator, Exercise Room, Party Room/Meeting Room,...View More
  • Building Age 0-5

Parking

  • Drive Way Private
  • Garage Type Underground
  • Garage 2
  • Total Parking Places 2

Land

  • Cross Street Winston Rd/N. Service Rd.

Features

  • Beach Y

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Our Estimate

Estimated Rent

$ 2,359

Rental Yield

5.70%

School Score

8.5/10

Rental Score

5/5

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Rooms

Den (2.64X2.4 metre)
Level: Main
Kitchen (3.48X3.92 metre)
Level: Main
Bathroom (2.45X1.63 metre)
Level: Main
Living Room (3.08X3.72 metre)
Level: Main
Bedroom (2.85X5.05 metre)
Level: Main

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,249

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $680
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 1202 - 550 North Service Road, Grimsby

Welcome to an incredible opportunity to own a stunning apartment for sale in Grimsby ! Nestled in the heart of the vibrant Grimsby-on-the-Lake community, this exceptional condo is located at 550 North Service Road, Grimsby. Unit 1202 is a remarkable 12th-floor residence that promises an elevated lifestyle with its breathtaking views and modern amenities.

As you step into this beautiful apartment for sale in Grimsby, you’ll immediately notice the spacious open-concept layout, designed to maximise both comfort and style. The unit boasts 9-foot ceilings and floor-to-ceiling windows that flood the space with natural light, creating a warm and inviting atmosphere. The panoramic views of Lake Ontario and the majestic Niagara Escarpment are simply unmatched, providing a picturesque backdrop to your daily life.

This apartment features one generously sized bedroom and a den, perfect for a home office or additional living space. The bathroom is well-appointed, ensuring that your daily routines are both convenient and enjoyable. The kitchen, located on the main floor, is designed with modern finishes and ample space for culinary creativity, making it an ideal spot for entertaining friends or enjoying a quiet meal at home.

At 550 North Service Road, Grimsby, you’ll find that this apartment for sale in Grimsby offers not just a home, but a lifestyle. With a total of five rooms, including a spacious living area and a large balcony that serves as your own private sky lounge, you can enjoy the beauty of the outdoors from the comfort of your home. Imagine sipping your morning coffee while taking in the serene views, or hosting a small gathering under the stars.

While this unit does not come furnished, it provides a blank canvas for you to personalise and make your own. The central air conditioning ensures that you stay cool during the warm summer months, while the forced air heating keeps you cosy in the winter. Although there is no fireplace, the warmth of the space and the inviting atmosphere will make you feel right at home.

One of the standout features of this apartment for sale in Grimsby is the two owned underground parking spots, a rare and valuable asset in this building. You’ll never have to worry about parking again, as you have secure and convenient access to your vehicles. While the property does not include a pool, you can take advantage of the state-of-the-art fitness centre and the serene rooftop zen garden, which provide a perfect escape for relaxation and rejuvenation.

Living at 550 North Service Road, Grimsby, means you are just steps away from the beautiful lakeside trails, boutique shops, trendy restaurants, and local amenities that the Grimsby-on-the-Lake community has to offer. Commuters will appreciate the unbeatable access to the QEW, with Toronto being just an hour away, making this location ideal for both work and leisure.

This apartment for sale in Grimsby represents incredible value for those seeking a slice of lakeside luxury. Whether you’re looking for a weekend getaway or a full-time residence, this unit is perfect for anyone wanting to embrace a lifestyle of comfort and convenience. With its modern features, stunning views, and prime location, this is truly a unique opportunity that should not be missed.

In summary, if you’re in the market for an apartment for sale in Grimsby, look no further than Unit 1202 at 550 North Service Road, Grimsby. This condo offers everything you need for a fulfilling lifestyle, combining luxury with practicality in a community that’s full of life. Don’t hesitate—this is your chance to own a remarkable home in one of the most sought-after areas in Niagara!

Grimsby Beach, nestled within the charming town of Grimsby, offers a picturesque lakeside retreat that beautifully combines natural beauty with a welcoming atmosphere. This quaint community is characterised by its stunning waterfront views of Lake Ontario, sandy beaches, and lush parks, making it an ideal spot for outdoor enthusiasts and families alike. The area boasts a relaxed, friendly vibe, with charming cottages and well-kept gardens that reflect a strong sense of pride among residents. With easy access to local amenities, including shops, cafes, and recreational facilities, Grimsby Beach provides a perfect balance of tranquillity and convenience, making it a delightful place to call home.

Schools in the Neighbourhood

This property is conveniently located near a variety of educational institutions, catering to families with children of all ages. The closest option is Smith Public School, an elementary school just 0.7 km away, offering grades JK to 8 with a commendable rating of 8. For secondary education, Grimsby Secondary School is located 3.5 km from the property, providing grades 9 to 12 and holding a solid rating of 7.7. Additionally, parents interested in French immersion can consider Central French Immersion Public School, situated 3.8 km away, which also boasts a high rating of 8.2. For those seeking a Catholic education, St. Gabriel CES is 2.8 km away, serving grades JK to 8 with a rating of 6.3, while Blessed Trinity Catholic Secondary School, located 2.7 km from the property, offers grades 9 to 12 and has a rating of 7.5. Overall, the area is well-served by both public and Catholic schools, ensuring that families have access to quality education within a reasonable distance. This makes the property an attractive option for buyers with school-age children.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 3,123 residents, with an average household size of 2.1. The demographic profile indicates a mature community, with an average age of 40.1 years. The average household income is notably high at $117,400, reflecting the affluence of the area, although 7.3% of the population lives in low-income households. The real estate market shows an average property price of $724,000, with a significant portion of the population being renters at 35.57%. Single individuals make up 44.53% of the community, while households with children account for 35.16%. The area is also diverse, with 24.61% of residents being immigrants. A high level of education is evident, as 65.95% of the population holds a college or university degree. Additionally, 62.42% of housing consists of condominiums, catering to a variety of living preferences. However, a notable 27.42% of the population is not in the labor force, which may indicate opportunities for economic growth. Overall, this community presents a blend of diversity, education, and a robust housing market, making it an attractive location for potential homeowners and investors alike.

FAQs About 1202 - 550 North Service Road, Grimsby

How many bathrooms does this property have?

This property features 1 bathroom(s) and 1 bedroom(s).

Does this 1 bedroom property have additional bedrooms or a den?

This Condo Apt property includes 1 additional bedrooms.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 1 bed property in Grimsby is 600 - 699.

How many parking spaces are available with this property?

There are no parking spaces available with this property.

How many cars can be parked in the garage of 550 North Service Road?

This property features a garage with space for 2 cars.

What type of garage does this property have?

This property includes an Underground garage with space for 2 cars.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $680.00.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 1202 - 550 North Service Road, Grimsby

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Listing History

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