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For Sale · Grimsby · Grimsby Beach (540)

$429,900

550 NORTH SERVICE Road Unit# 516, Grimsby

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Bedrooms

Bathrooms

669

Size

About This Home

The details.

Welcome to Grimsby on the Lake. This move-in ready 1 bedroom plus den unit with an unobstructed view of Lake Ontario has lots of natural light. Features include stainless steel appliances, kitchen island and in-suite washer and dryer. Also included are heated underground parking and one storage locker. Concierge on duty daily. Close to waterfront trails, the Niagara Escarpment, wineries, shopping, Niagara Outlet...

Summarizing the highlights...

MLS® 40811699Listing courtesy of Right at Home RealtySee all units in this building View on map Street view

Property Details

Facts & features.

Property type: Single Family
Ownership: Condominium
Size: 669 sqft
Storeys: 1
Parking: 1 space
Strata fee: $573 / monthly
Listed on: 2026-03-09
Days on market: 143
MLS number: 40811699
Data source: Cornerstone Association of REALTORS®

Market intelligence

Statistics and history.

Days on market

143

Typical in Grimsby: 15 days

Grimsby median asking

$800K

90 active listings

Price per sqft

$643

Based on 669 sqft interior

How fast is this listing moving?

FastSlow

Market demandBalanced

QuietHot

9 new this week of 90 active listings in Grimsby, blended with typical days on market.

Where this price sits in Grimsby

$375KThis listing$1.7M

Computed live from active MLS listings we track. Sold-price history and multi-year assessment history switch on when sold-data access arrives.

Coming Soon

Listing & sold history.

These sections unlock with our sold-data feed. They are reserved here so you know exactly what is on the way.

Sold history for this homeComing soon

Listing history (every time it hit the market)Coming soon

Days-on-market trend for this areaComing soon

Nearby sold comparisonsComing soon

July Value

What this home is worth.

Calculating a July Value estimate...

Location

Where it sits.

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Run The Numbers

Mortgage and cash flow

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization25 yr

Monthly mortgage payment

$2,011

$343,920 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$2,011

Cash flow

-$2,011

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Grimsby right now

Active listings

New this week

$799,999

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Area

What surrounds this property.

People in the immediate area: 3,123
Density per square km: 1,149
City population: 28,883
Median household income: $104,000

The Neighbourhood

Living in Grimsby.

Household and demographic stats for Grimsby, from the Statistics Canada 2021 Census.

28,883
Population (2021): 45.2
Median age: 11,395
Households: 2.5
Avg household size: 82.6%
Home ownership: $104,000
Median household income

Grimsby market trends

The immediate block around this home (0.9 km radius): about 3,123 residents in 1,541 homes, 1,149 people/km² (suburban).

Source: Statistics Canada 2021 Census, Grimsby, Town, Ontario; block-level figures from dissemination area 35260338.

Schools

Nearby schools

K-12 schools closest to this home, with straight-line distances.

8.2of 10
Smith Public School
660 m
public · elementary
Rank 472 of 3,587 in BC (2022/2023) · FSA literacy + numeracy
7.7of 10
Blessed Trinity Catholic Secondary School
2.7 km
catholic · secondary
Rank 135 of 760 in BC (2022/2023) · graduation + honours rates
7.5of 10
St. Gabriel Catholic Elementary School
2.8 km
catholic · elementary
Rank 1,090 of 3,587 in BC (2022/2023) · FSA literacy + numeracy

Locations: Statistics Canada, Open Database of Educational Facilities; straight-line distances. Scores are JULY's percentile rating (0-10) of BC Ministry of Education results: FSA literacy + numeracy averages for elementary grades 4 and 7, first-time Grade 12 graduation + honours rates for secondary. Catchment boundaries change; always confirm with the school district.

Similar homes

Nearby homes like this one.

Rental Market

Rentals nearby

Active rentals close to this home, for rent-versus-buy context and investors sizing up cash flow.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. 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. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.