Welcome to this spacious top-floor end-unit condo, ideally tucked away on a quiet cul-de-sac in the heart of Grimsby. Shops, parks and restaurants are within easy walking distance, while convenient QEW access makes getting around effortless. Beautifully maintained and thoughtfully updated, the unit offers 1,311 square feet of living space-making it one of the largest in the building. The bright, open-concept layout features two bedrooms plus a den, a generous living room and a private balcony accessed from the den. The modern kitchen provides ample cabinetry, plenty of counter space and stainless steel appliances. Both bedrooms feature charming bay windows that fill the rooms with natural light, while the primary bedroom includes a large walk-in closet. Professionally renovated by Pride Homes in 2024, the bathroom showcases a gorgeous walk-in shower designed for comfort and accessibility. In-suite laundry, covered parking and covered visitor parking complete this impressive unit. With no residents living above, you'll enjoy an added sense of peace and privacy. An excellent opportunity for first-time buyers, downsizers or anyone seeking low-maintenance living in a convenient Grimsby location. Please note: some photos have been virtually staged.
2 bedrooms, 1 bathroom, about 1,200 sq ft, works out to roughly $354 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 5 Niagara St #301
Every detail from the listing, in one place.
Type
Condo
Style
1 Storey/Apt
Living space
1200-1399 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 Storey/Apt
Property class
Condo Apartment
5 Niagara St #301 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,087
/mo
based on the purchase price of $424,900
$84,980 cash
$339,920 financed
$286,302 total interest
Principal54%$339,920
Interest46%$286,302
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Grimsby
Other 1–2 bed homes for sale in Grimsby around $425K.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings174Homes for sale here right now.
Median vs prior 90 days+5.7%Compared with Apr 30 – Jul 29, 2026: prices up.
Based on 169 sales from Jul 29 – Oct 27, 2026 (109 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 5 Niagara St #301
How much is 5 Niagara St #301 listed for?
5 Niagara St #301 is listed at $424,900 (MLS® X13768954). Summitly updates the price as soon as the MLS® record changes.
Is $424,900 a good price for 5 Niagara St #301?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Grimsby. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 5 Niagara St #301 changed?
Yes — it was first listed at $449,900 and is now $424,900, a drop of $25,000 (5.6%).
How many bedrooms and bathrooms does 5 Niagara St #301 have?
5 Niagara St #301 has 2 bedrooms and 1 bathroom, with about 1,200–1,399 square feet of living space. It is a condo in Grimsby.
How much would the monthly mortgage be on 5 Niagara St #301?
About $2,087 a month — principal and interest on $424,900 with 20% down ($84,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 5 Niagara St #301 compare with other homes in Grimsby?
Its asking price of $424,900 is about 43% below the median sold price in Grimsby over the last 90 days, $740,000, across 169 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 5 Niagara St #301 been sold before?
Summitly has no earlier MLS® sale or lease of 5 Niagara St #301 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5 Niagara St #301?
5 Niagara St #301 is in Grimsby, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5 Niagara St #301 been on the market?
47 days — 5 Niagara St #301 was listed on September 10, 2026.
What is the price per square foot of 5 Niagara St #301?
About $304 to $354 per square foot: the asking price of $424,900 over the 1,200–1,399 sq ft the listing gives as its size range.
Does 5 Niagara St #301 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
Does 5 Niagara St #301 have a basement, and is it finished?
The listing says 5 Niagara St #301 has no basement.