10 CONCORD Place 411, Grimsby

$367,900
10 CONCORD Place 411

$367,900

New
18d
Condo Apartment1 Storey/Apt

10 CONCORD Place 411, Grimsby

Total Monthly Obligation $2,692

Beds
1
Baths
1
Park
1
Sqft
700-799
DOM
18d
Score
18
Yield
6.9%
Cash on Cash
-6.3%
Cap Rate
3.2%
5Y IRR
10.6%
10Y IRR
10.7%
Property Type-Condo Apartment
MLS® Number-X13864070
Beds-1
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 5, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-6-10
Taxes-$3,790.01 (2026)
Maintenance-$692.34/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS COMPLETE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Stucco (Plaster)
Roof-Flat
Possession-Flexible
Neighbourhood-540 - Grimsby Beach
Title-Residential Condo & Other

No agent assigned

This thoughtfully designed 1 Bedroom + Den condo pairs a calm, neutral modern interior with a balcony that opens onto wonderful views of Lake Ontario. Soft finishes, clean lines, and an open layout make the space feel bright and uncluttered-equally suited to quiet mornings and easy entertaining. The primary bedroom is a true retreat, complete with a walk-in closet for organized storage. In-unit laundry keeps daily life simple, so weekends stay free for the waterfront rather than the laundromat. The flexible den works beautifully as a home office, reading nook, or guest space. Located in the desirable Aquablu condominium in Grimsby Beach, the building offers the amenities you expect from a modern lakeside address, including a fitness centre, party room, and rooftop terrace. Outside your door: walking trails, the shore, local shops and restaurants, and straightforward highway access for the commute or a day in wine country.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$294,320
Land Transfer Taxes$3,994
Legal Fees (Est.)
$
Total cash required for closing$79,074

Total Monthly Obligation

$2,692/mo
Mortgage $1,484
Monthly Loss $2,302
Principal$391
Interest$1,093
Property Tax$316
Condo Fees$692
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%13
Cash-on-Cash
-12.0%0
5-Year IRR
6.6%17
10-Year IRR
8.3%
Returns Index
9.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$25,308/yr
NOI
$8,279/yr
Net Cash Flow
-$794/mo
Cash Margin
-37.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo61
Risk Index
27.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 10 CONCORD Place 411

Time

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