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$725K · 2+1 bed Condo Apartment · 540 - Grimsby Beach, Grimsby | MyPropertyScout

$725,000

Unit 901

129 DOM

2+12129d

Map

⚡ Insider Deal

DOM 129

↓ $50,000Price ReducedMotivated Seller/Vacant Property

$725,000

F●●●○○DOM129days

Unit 901

560 North Service Road · Grimsby · Ontario L3M 4E8

MLS® X12808948 · 540 - Grimsby Beach · L3M 4E8

2+12Vacant1200-1399 ft²Condo Apartment1-car Underground129d$558/ft²$5,927 tax/yrBuilt 20188 yrs old

29% above market · 129 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

This stunning 2 Bedroom Plus Den Penthouse Corner Suite is featuring over 1200 sq ft of living space, magnificent unobstructed lake views from all rooms, 10' Ceilings, Open Concept Entertainer's Dream Kitchen, Extended Height Cabinetry, Walk-Out To Oversized Balcony, Walnut Hardwood Flooring throughout, Split-Bedroom Layout, Prime Bedroom with Walk/In and Oversized 5 pcs ensuite, Black-Out Blinds In Both Bedrooms, Den large enough to make a comfortable Office or a play room Building Amenities In…

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Property details

MLS#: X12808948
Status: Buy Now
Beds: 2+1
Baths: 2 full, 0 half
Size: 1200-1399
Style: Apartment
Type: Condo Apartment
Year built: —

Condo corp #: 292
Balcony: Open
Locker: Owned
Fees include: Heat Included, Building Insurance Included, Parking Included, CAC Included, Common Elements Included, Water Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Lakelawn/N Service
Basement: None
Stories: 9
Utilities: —
Laundry: Ensuite
Interior: Carpet Free
Parking features: —

Rooms

Level	Room	Dimensions
Flat	Kitchen	6.48m × 6m
Flat	Living Room	6.48m × 6m
Flat	Bedroom	3.05m × 4.28m
Flat	Bedroom 2	3.05m × 3m
Flat	Den	2.85m × 3m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: LPT REALTY

Source: TRREB/PROPTX · MLS® X12808948

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$725K

Unit 901 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $725,000✓ $5,927 tax✓ Gas✓ 1200-1399 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$6,651/mo

incl. closing costs (yr 1)

Annual total

$79,813

year 1

Mortgage only

$2,750/mo

principal + interest

Beyond mortgage

$2,528/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$145,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$494/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,300 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$7,250/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$83/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$10,975

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)41% $33,005/yr

Property taxes21% $16,902/yr

Utilities5% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance9% $7,250/yr

Condo fees15% $11,996/yr

Closing costs6% $5,100/yr

Mortgage is 41% of your true cost of ownership. The other 59% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$33,005	$2,750/mo
Government & taxes
Property tax	$5,927	$494/mo
Land transfer tax(closing)	$10,975	$915/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$7,250	$604/mo
Condo fees
Condo / HOA fees	$11,996	$1,000/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	$79,813	$6,651/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.

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Unit 901

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs