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$399,900
DOM15days550 North Service Road · Grimsby · Ontario L3M 0H9
15 days on market
Welcome to modern condo living at its finest. This stunning two-bedroom, one-bathroom corner suite offers over 800 square feet of bright, thoughtfully designed living space, enhanced by expansive wrap-around windows that flood the home with natural light. The contemporary kitchen is both stylish and functional, featuring white shaker cabinetry, stainless steel appliances, quartz countertops and a spacious island perfect for casual dining and entertaining. The open-concept living area seamlessly…
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: RE/MAX ESCARPMENT REALTY INC.
Source: TRREB/PROPTX · MLS® X13877870
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20%+ down — no CMHC premium
≈ $0.13/ft² × ~850 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) | $18,205 | $1,517/mo |
| Government & taxes | ||
| Property tax | $3,200 | $267/mo |
| Land transfer tax(closing) | $4,474 | $373/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%) | $3,999 | $333/mo |
| Condo fees | ||
| Condo / HOA fees | $7,533 | $628/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 | $46,571 | $3,881/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.