147 days on Market

550 North Service Rd #PH1504, Grimsby, Ontario L3M 0H9

In the same building:
-
Condo
2
2
~1000-1199 sqft
$1,099,000
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Condo
2
2
~1000-1199 sqft

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Highlights

Property Estimate

Days on market147 days

Estimated valueNot available

Price/Sqft$1,008/sqft

Monthly cost

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Description

Luxurious Waterfront Penthouse with Panoramic Views! Experience upscale living in this exquisite waterfront penthouse boasting breathtaking views of the lake, sunsets, escarpment, and city skyline. This expansive open-concept suite spans over 1,100 sq. ft. of interior living space, complemented by approximately 900 sq. ft. of private terrace, perfect for entertaining. Featuring 2 bedrooms, 2 spa-inspired bathrooms, and 2 walkouts, this penthouse is thoughtfully designed for both comfort and style. Enjoy 11' ceilings, wall-to-wall and floor-to-ceiling windows with motorized blinds, flooding the space with natural light. The sun-filled living and dining area seamlessly connects to a chef-inspired kitchen with a grand waterfall center island and high-end appliances, leading to the expansive terrace. The primary bedroom offers stunning lake views, terrace access, and a spacious mirrored closet. The second bedroom showcases escarpment views, a large mirrored closet, and a Murphy bed (negotiable). Includes 2 side-by-side parking spaces and 2 lockers. Over $100K in upgrades throughout. Fabulous amenities include a concierge, rooftop patio, party room, gym, yoga studio, and ample visitor parking. Ideally located minutes from Grimsby on the Lakes dining, shopping, parks, trails, Costco, the QEW, and just 40 minutes from Niagara-on-the-Lake and local wineries. Don't miss this rare opportunity to own a premier penthouse in one of the areas most desirable waterfront communities!


Property Details

StyleApartment
ViewLake, Mountain, Panoramic, Skyline, Water
Age of property0-5
SqFt~1000-1199 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberX12051118
Community NameCasablanca & Area
Data SourceTRREB
Listing byRE/MAX PROFESSIONALS INC.

Features

Heating: Heat Pump
Cooling: Central Air

Main Floor

Foyer

3.6 x 2.03

3 Pc Bath / Mirrored Closet

Living

6.52 x 6.38

Overlook Water / Open Concept

Dining

6.52 x 6.38

Overlook Water / Open Concept / W/O To Terrace

Kitchen

6.52 x 6.38

Overlook Water / Open Concept / Centre Island


Features

Patio: Terr
Balcony: Terr

Parking

Garage spaces 2

Garage type Underground

Other parking spaces 0

Total parking spaces 2


15Story
Amenities

Concierge, Gym, Party/Meeting Room, Rooftop Deck/Garden, Visitor Parking, Games Room

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by RE/MAX PROFESSIONALS INC., Brokerage
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Market Data - Casablanca & Area

Geo Zone Map ThumbnailCasablanca & Area

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

45 days

Compared to

2024

58 days

2023

28 days

2022

31 days

New Listings

Past 30 days

22 listings

Compared to

2024

34 listings

2023

31 listings

2022

20 listings

Units sold

Past 30 days

7 units

Compared to

2024

10 units

2023

8 units

2022

9 units

Median Sold Price

Past 30 days

$432,500

Compared to

2024

$511,250

2023

$481,000

2022

$510,000


Population and Demographics

Overview

Total population 5515
Average household income $141,076

Age (%)

0 to 19
23%
20 to 34
20%
35 to 49
22%
50 to 64
20%
65 and plus
16%

Household composition (%)

Single family
68%
Single person
30%
Multi person
2%
Multi family
0%

Mother tongue (%)

English
84%
Others
4%
Italian
2%
Spanish
2%
Polish
2%
Croatian
1%
Serbian
1%

House tenancy (%)

Owners
77%
Renters
23%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget