550 North Service Road Unit 508, Grimsby

We have found 6 Condos that closely match the specifications of the property located at 550 North Service Road Unit 508 with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 599,900 and 649,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Condos in the L3M4E8 postal code area of Grimsby Ontario Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 550 North Service Road Unit 508. The current price of the property is $589,888, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $471,910. This would result in a monthly mortgage payment of $2,758 over a 25-year amortization period.