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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-x12675544
550-north-service-road-grimsby-ontario-x12675544
550-north-service-road-grimsby-ontario-x12675544
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  • Sold Sold in Apr 2026
  • Condo Apt

705 - 550 North Service Road

Grimsby, 540 - Grimsby Beach
  • 2 Bedrooms
  • 2 Bathrooms
  • 2 Garage
  • Share
Sold Price: $ 625,000
7.97%
Listed Price: $ 578,888
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Key Facts About 705 - 550 North Service Road, Grimsby

  • Tax $5,493 / 2025
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $971.02
  • Size 1000 - 1199 feet²
  • Listing # X12675544
  • Data Source PROPTX
  • Days on Market 82
  • Listed On 08/01/2026
  • Updated On 01/04/2026
  • Market Demand
    the canadian homethe canadian home

Description

Iconic. Commanding. Absolutely Unforgettable. "Just like new-never lived in" .This is not just a home - it's a bold declaration of luxury lakefront living. An extraordinary 2-bedroom, 2-bath executive condominium delivering jaw-dropping, unobstructed views of the Toronto skyline and Lake Ontario. Designed for high achievers who expect more, this residence blends striking architecture, refined elegance, and an elevated lifestyle without compromise. Command attention the moment you step onto your massive private terrace - an entertainer's dream a

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Property Details of 705 - 550 North Service Road, Grimsby

Property

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

Inside

  • Bedrooms 2
  • Bathrooms 2
  • Bathroom Details 1, 3pc Main
  • Bathroom Details 1, 4pc Main
  • Kitchen 1
  • Rooms 4
  • Family Rooms N
  • Central Vac N
  • Fireplace N

Utilities

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

Building

  • Size 1000 - 1199 feet²
  • Architecture Style Apartment
  • Exterior Feature Concrete
  • Amenities Concierge, Exercise Room, Party Room/Meeting Room, Rooftop D...View More

Parking

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

Land

  • Zoning Residential
  • Cross Street Between Fifty Rd & Casablanca

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Our Estimate

Estimated Rent

$ 2,979

Rental Yield

4.05%

School Score

8.5/10

Rental Score

4.5/5

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Rooms

Dining Room (6.41X4.04 metre)
Level: Main
Kitchen (5.32X2.57 metre)
Level: Main
Primary Bedroom (3.94X3.85 metre)
Level: Main
Bedroom (4.13X3.04 metre)
Level: Main
Living Room (6.41X4.04 metre)
Level: Main
Bathroom (3 pcs)
Level: Main
Bathroom (4 pcs)
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

$1,540

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $971
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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 705 - 550 North Service Road, Grimsby

Introducing an exceptional opportunity: a stunning condo for sale in Grimsby , located at 550 North Service Road, Grimsby. This remarkable condominium is not merely a residence; it is a statement of luxury living by the lake. Nestled in the desirable area of Niagara, specifically within the community of 540 - Grimsby Beach, this two-bedroom, two-bathroom apartment offers an extraordinary lifestyle that many aspire to achieve.

As you approach the property at 550 North Service Road, Grimsby, the striking concrete exterior commands attention. The building's architectural design is both modern and sophisticated, setting the tone for what lies within. This condo for sale in Grimsby boasts a bold declaration of elegance and style, designed for those who expect nothing but the best. The moment you step inside, you are greeted by a dramatic open-concept living space, enhanced by soaring ceilings and engineered hardwood flooring. The abundance of natural light floods the area through the expansive floor-to-ceiling windows, providing breathtaking views of the surroundings.

The kitchen, situated on the main level, is a true showpiece, featuring exquisite quartz countertops and a sleek designer backsplash. An oversized island serves as the perfect gathering spot for friends and family, making it an ideal space for entertaining. The smart split-bedroom layout ensures privacy and versatility, catering to various lifestyles. With two well-appointed bedrooms and two spa-level bathrooms, this condo transforms everyday living into a luxurious experience.

This condo for sale in Grimsby also offers practical amenities that enhance your lifestyle. While there is no central vacuum system or family room, the convenience of in-suite laundry and upscale finishes adds to the overall appeal. The absence of a basement and additional land means that maintenance is minimal, allowing you to focus on enjoying your new home. The property also features two underground parking spaces, ensuring that your vehicles are secure and easily accessible.

For those who appreciate outdoor living, the massive private terrace is a standout feature of this property. This outdoor space is perfect for hosting unforgettable evenings or simply unwinding while enjoying the stunning views of the Niagara Escarpment and the picturesque waterfront. Although there is no pool or fireplace, the serene environment and the proximity to scenic waterfront trails provide ample opportunities for relaxation and leisure.

Living at 550 North Service Road, Grimsby, means you are just steps away from vibrant local shops, the boardwalk, and an array of recreational activities. The community is well-connected, with easy access to Costco, Walmart, Rona, Superstore, and Tim Hortons, making everyday convenience effortless. Moreover, the seamless connectivity to QEW, Hwy 403, and the GO Station ensures that commuting to Toronto, Hamilton, and Niagara is a breeze.

This condo for sale in Grimsby is not just a home; it is a lifestyle choice that embodies luxury and sophistication. With resort-inspired amenities, including a fully equipped fitness centre, a stylish lounge, meeting spaces, and a billiards room, residents can indulge in a range of activities without leaving the comfort of their home.

In summary, 550 North Service Road, Grimsby, offers an unparalleled living experience that combines luxury, convenience, and breathtaking views. This is more than just real estate; it is a power move for those who seek a refined and relentless lifestyle. Don't miss your chance to own this exceptional condo for sale in Grimsby—your private lakeside retreat awaits.

Grimsby Beach, nestled within the charming town of Grimsby, offers a picturesque lakeside retreat that beautifully blends natural beauty with a welcoming atmosphere. This quaint community is characterised by its stunning views of Lake Ontario, sandy beaches, and lush green spaces, making it an ideal spot for outdoor enthusiasts and families alike. The area boasts a relaxed, friendly vibe, with a mix of seasonal cottages and year-round homes, fostering a close-knit environment. Residents can enjoy leisurely strolls along the waterfront, vibrant local markets, and easy access to nearby amenities, all while being just a short drive from the bustling town centre of Grimsby. Whether you're seeking a peaceful escape or a vibrant community spirit, Grimsby Beach provides a delightful setting to call home.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. The closest option is Smith Public School, an elementary institution just 0.7 km away, offering grades JK to 8 with a commendable school rating of 8. For secondary education, Grimsby Secondary School is situated 3.5 km from the property, providing grades 9 to 12 and boasting a solid rating of 7.7. Additionally, families interested in French immersion can consider Central French Immersion Public School, located 3.8 km away, which serves grades 1 to 8 and has a school rating of 8. For those seeking a Catholic education, St. Gabriel CES is available 2.8 km from the property for elementary grades, rated at 6.3, and Blessed Trinity Catholic Secondary School is just 2.7 km away, catering to grades 9 to 12 with a rating of 7.5. Overall, the diverse educational options nearby cater to various preferences and needs, ensuring a supportive environment for children's academic growth.

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 individuals. The demographic profile indicates a mature community, with an average age of 40.1 years. The economic landscape is relatively prosperous, reflected in an average household income of $117,400, with only 7.3% of the population classified as low-income. The average property price in the area stands at $724,000, indicating a robust real estate market. A significant portion of the population is single, comprising 44.53%, while 35.16% of households include children, highlighting a family-friendly environment. Additionally, 24.61% of residents are immigrants, contributing to the area's cultural diversity. Renters make up 35.57% of the population, and condos are prevalent, accounting for 62.42% of housing options. Education levels are high, with 65.95% of residents holding a college or university degree. However, it is noteworthy that 27.42% of the population is not in the labor force, which may reflect various factors such as retirement or other commitments. Overall, this community presents a blend of economic stability, educational attainment, and family-oriented living.

FAQs About 705 - 550 North Service Road, Grimsby

How many bathrooms does this property have?

This property features 2 bathroom(s) and 2 bedroom(s).

Does this 2 bedroom property have additional bedrooms or a den?

This Condo Apt property does not have an additional bedroom or a den.

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

The total square footage of this Condo Apt 2 bed property in Grimsby is 1000 - 1199.

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 $971.02.

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 705 - 550 North Service Road, Grimsby

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Listing History

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