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$485,988
DOM52days550 North Service Road · Grimsby · Ontario L3M 4E8
52 days on market
Welcome to this beautifully maintained 2-bedroom + den, 2-bathroom condo in the desirable Grimsby on the Lake community. Offering 936 sq. ft. of thoughtfully designed living space, plus a 104 sq. ft. private balcony, this bright and spacious suite showcases beautiful views of Lake Ontario and is ready for you to move in and enjoy. Freshly painted throughout, this unit offers a clean, modern feel with an open-concept layout that's perfect for both everyday living and entertaining. Large windows f…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
No price-drop or motivated-seller signals detected from MLS data we track on this listing.
Property history
Comparable sales
Brokered by: RIGHT AT HOME REALTY
Source: TRREB/PROPTX · MLS® X13729634
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20%+ down — no CMHC premium
≈ $0.13/ft² × ~950 ft² · incl. electric heat
Electric heat — no gas service · see hydro
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 39% of your true cost of ownership. The other 61% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $22,124 | $1,844/mo |
| Government & taxes | ||
| Property tax | $4,176 | $348/mo |
| Land transfer tax(closing) | $6,195 | $516/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $4,860 | $405/mo |
| Condo fees | ||
| Condo / HOA fees | $10,168 | $847/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $56,683 | $4,724/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.