520 North Service Rd 401

Grimsby, L3M 0C9
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520 North Service Rd 401, Grimsby
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
3
ROOMS
X3915541
MLSID
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Property Description
This Waterfront Condominium Offers A Maintenance Free Living Experience. With Easy Access To The Qew, The Location Makes For An Easy Commute. This Condominium's Contemporary Design Includes Modern Lighting Fixtures, Stainless Steel Appliances, Large Kitchen Island And A Spacious Open Concept Floor Plan. Large Windows Provide Amazing Escarpment Views. Other Amenities Include One Parking Space, Shared Party Room And Spacious Storage Locker.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-06-09 2022-06-20 12 $529,900 $518,000 Sold
2022-05-18 2022-06-08 21 $559,900 - Terminated
Property Details
Property Type
Condo Apt, Multi-Level
Approximate Sq.Ft.
600-699
Taxes
$2,100 (2016)
Basement
None
Exterior
Stucco/Plaster
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain22.97' x 59.06'
KitchenMain22.97' x 49.21'
MasterMain33.46' x 37.73'
Grimsby Market Statistics
Grimsby Price Trend
520 North Service Rd 401 is a 1-bedroom 1-bathroom condo listed for sale at $319,000, which is $169,575 (34.7%) lower than the average sold price of $488,575 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 1 bedroom condo in Grimsby declined by $41,425 (7.8%) compared to the previous 30 day period (January 28 - February 26) and up $8,575 (1.8%) from the same time one year ago.
Inventory Change
There were 13 1-bedroom condos listed in Grimsby over the last 30 days (February 27 - March 27), which is up 30.0% compared with the previous 30 day period (January 28 - February 26) and up 85.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Grimsby typically sold ($10,875) (2.2%) below asking price over the last 30 days (February 27 - March 27), which represents a $8,902 increase compared to the previous 30 day period (January 28 - February 26) and ($9,900) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Grimsby over the last 30 days (February 27 - March 27) stood at 15.4%, down from 30.0% over the previous 30 days (January 28 - February 26) and down from 42.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Grimsby stood at 64 days when successfully sold over the last 30 days (February 27 - March 27), compared to 33 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Complete Realty, Brokerage
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