New Condos in Grimsby

The average price of new pre-construction condos in Grimsby was $485,000 in October 2025.

Besides breathtaking views of the Niagara Escarpment and Lake Ontario, you will enjoy modern kitchen designs with premium appliances, spacious living rooms, private parking, advanced security systems, and many other amenities while living in Grimsby.

Grimsby is shaping up to be a fantastic choice for condo buyers in 2025, thanks to its lively community, diverse housing options, and convenient transportation links. Not only does this charming town boast incredible investment potential, but its delightful waterfront location and excellent amenities make it an irresistible place to put down roots and call home.

As of October 2025, Grimsby’s rental market is still tight but starting to ease. Demand remains steady from GTA commuters, young professionals, and families attracted to its waterfront lifestyle and affordability compared to Hamilton or Burlington.

People in the town mostly use their cars to get around, but GO Transit’s Lakeshore West train will give them more choices for their commute to work. While the bus stops, the Grimsby GO Train Station and the NRT On Demand service connect you to every corner of Grimsby, the Niagara Specialized Transit takes you to other municipalities, year-round.

If you’re looking to experience life in a quaint little town, Grimsby Beach may be a better choice for you. Neighbourhoods like Grimsby Mountain are the pinnacle of life at Grimsby, offering a serene escape from urban city life. But, if you still want to maintain a balance and be effortlessly close to urban centres, neighbourhoods like Downtown Grimsby are suitable for you.

Grimsby boasts a range of quality educational institutions, from top-notch public schools like Nelles Public School and Lakeview Public School, all ranking in the top educational institutions of the GTA.

Overall, Grimsby’s economic outlook for 2025 is characterized by significant job creation, substantial investment in infrastructure and commercial projects, and proactive planning aimed at fostering a favourable business climate. These factors position Grimsby as an attractive location for both residents and businesses in the coming years.

The city of Grimsby has a strategy to boost density and make the town more vibrant, and in the coming years, there will be a plethora of new condos and other large-scale developments approved by the zoning commission. Plus, Grimsby’s in-house Strategic Action Plan, developed with the help of volunteers and staff, is being successfully implemented.

To stay informed about new condo developments in Grimsby, sign up for our newsletters and register for updates from our developer pages. Platinum Condo Deals also offers regular updates and exclusive access to new listings.

If the condo in Grimsby is priced below $500,000, you need to pay a down payment of 5%. If the home for sale in Grimsby is worth $500K to $1M, the down payment is calculated as 5% of the first $500,000 and 10% of the rest. You need to put at least 20% as a down payment for new homes in Grimsby that are priced over $1 million.

Over the past five years (2020–2025), Grimsby’s property prices have risen about 27% in total, averaging ~4.9% per year. This outpaces Niagara’s ~3.5% annual growth, though it trails GTA hotspots. Detached homes led with 6–7% annual gains, driven by post-pandemic migration, while condos grew around 3% yearly. Growth has been supported by population increases, new infrastructure, and low inventory before 2024. Recent rate hikes have slowed growth, but long-term trends remain positive.

Yes, condos are selling in Grimsby, but the market is moderate and slightly favours buyers. Elevated inventory and longer selling times make turnover slower than for detached homes. Demand remains steady from first-time buyers, downsizers, and GTA commuters attracted by prices 20–30% below Hamilton. Higher interest rates and seasonal slowdowns have tempered activity, with sales down about 10–15% year-over-year. New pre-construction projects, which could lengthen selling times if not absorbed quickly.

No, October 2025 isn’t the best time to sell condos in Grimsby. The market favours buyers, with higher inventory, longer selling times, and softening prices. While there’s demand from GTA commuters and downsizers, new pre-construction supply and cautious interest-rate sentiment are slowing sales. If you’re not in a hurry, waiting until Q1 2026 may offer better conditions. Otherwise, focus on competitive pricing (5–10% below median) and strong marketing to attract buyers.

Grimsby is a unique mix of old-town country vibe and thriving urban community, giving residents numerous amenities while keeping them in touch with the waterfront bliss. On top of that, the city is a sweet spot for government and corporate investments.