550 North Service Rd 913
Niagara Falls, L3M 0H9
FOR SALE
$629,900
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Property Description
Welcome to Suite 913 at the Waterview Condominiums located at 550 North Service Road. Nestled in the heart of Grimsby, this newly constructed condominium building has everything to offer. This unit is situated on the 9th floor with Lake Ontario views from EVERY window! Fully loaded, this unit comes with 2 bedrooms, 1 office den, 2 parking spaces, floor to ceiling windows, 9' ceilings, quartz counters, laminate flooring throughout, a massive 215+ SF balcony with lake views and more! The condominium building features a landscaped rooftop as well as manicured courtyards with privacy pods and seating areas. Staying outdoors, there is also an outdoor kitchen, fireplace and hot tub with seasonal seating. Moving indoors, there is a fully equipped gym and party room with kitchen and entertaining area. With the booming development of the Grimsby waterfront, heres your chance to take advantage of something now before its too late!
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$4,534 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
2
Parking 1
Owned
Garage Type
Underground
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Niagara Falls Market Statistics
Niagara Falls Price Trend
550 North Service Rd 913 is a 2-bedroom 1-bathroom condo listed for sale at $629,900, which is $354,900 (129.1%) higher than the average sold price of $275,000 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 2 bedroom condo in Niagara Falls declined by $198,686 (41.9%) compared to the previous 30 day period (October 22 - November 20) and down $210,000 (43.3%) from the same time one year ago.Inventory Change
There were 4 2-bedroom condos listed in Niagara Falls over the last 30 days (November 21 - December 20), which is down 20.0% compared with the previous 30 day period (October 22 - November 20) and down 33.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Niagara Falls typically sold ($17,499) (6.4%) below asking price over the last 30 days (November 21 - December 20), which represents a $4,474 decrease compared to the previous 30 day period (October 22 - November 20) and ($14,000) 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 2-bedroom condos in Niagara Falls over the last 30 days (November 21 - December 20) stood at 50.0%, down from 1,020.0% over the previous 30 days (October 22 - November 20) and up from 16.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Niagara Falls stood at 39 days when successfully sold over the last 30 days (November 21 - December 20), compared to 88 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Complete Realty
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