Condos for Sale in Grimsby
Under $500K
Low-maintenance vertical living with amenity-rich buildings and walkable transit-friendly addresses. Ideal for first-time buyers, investors, and downsizers. Median list price in Grimsby this band: $343K · 18 active · avg 27 days on market.
Median List Price
$343K
Active Listings
18
Avg Days on Market
27 days
YoY Change
-13.1%
6-Month Median Price Trend
Dec
$349K
Jan
$349K
Feb
$349K
Mar
$349K
Apr
$349K
May
$349K
What is the average condo price in Grimsby in 2026?
The benchmark price for a condo in Grimsby in 2026 is approximately $343K based on the latest CREA MLS® HPI release. Within the under $500k band there are currently 18 active listings, moving in an average of 27 days on market. Prices are down 13.1% year-over-year.
Is Grimsby a buyer's or seller's market right now?
Grimsby is currently a balanced market for condos in this band. Inventory is turning over in 27 days with prices down 13.1% year-over-year. Neither side has decisive leverage right now.
Families helped in Grimsby
9+
Licensed Mortgage Brokerage
Pineapple Financial · LIC #12830
“Two years of Notice of Assessments and they still got me an A-lender rate. Other brokers had pushed me to B-lenders.”
What $343K gets you in Grimsby.
Condos in Grimsby priced under $500k are tracking against a CREA MLS® HPI benchmark of $343K for the niagara region area. Within this band the median list comes in near $343K — down 13.1% year-over-year. Active inventory is moving in roughly 27 days.
Typical Size
500–1,100 sqft
Bedroom Range
1–3 bedrooms
Ownership Style
condo
Sample comparables in this band.
$335K
$336K
$336K
Sample comparables only — request the live MLS report for current availability and pricing.
Where these condos are clustered in Grimsby.
Keep exploring Grimsby.
Other property types
Grimsby Condo FAQ
What is the median price for condos in Grimsby under $500k?
As of 2026-05-01, the median list price for condos in Grimsby priced under $500k sits at approximately $343K based on active MLS inventory.
How many condos are currently for sale in Grimsby in this price range?
There are roughly 18 active condos for sale in Grimsby priced under $500k. Inventory typically refreshes weekly via the local MLS board.
How long do condos stay on the market in Grimsby?
Condos in Grimsby priced under $500k are averaging 27 days on market. That gives buyers time to compare options and negotiate condition removal periods.
Are Grimsby condo prices going up or down?
Year-over-year median condo prices in Grimsby (this band) are down 13.1%. Six-month trend data is available on this page.
What mortgage do I need to buy a condo at this price in Grimsby?
On a $343K purchase with 20% down, you'd carry a mortgage of about $274K. At today's variable rates (~5.45% qualifying), that's roughly $NaN / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.
See every active condo in Grimsby under $500k.
18 active listings · median $343K. A licensed Grimsby advisor sends the live list within 1 business hour.
Condos in Grimsby Under $500K
Median $343K · 18 active
Get pre-approved for a $274K mortgage.
Based on $343K median list × 20% down. Compare offers from 50+ Canadian lenders. No hard credit check. Pre-approval letter within 1 business hour — same letter sellers see in multi-offers.