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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Mimico. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $675,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Experience luxurious, resort-style retirement living in this beautifully updated 2 bedroom- 2 bathroom southwest-facing condo, featuring a touch of water views and a sunlit, inviting atmosphere! This meticulously maintained suite offers a cozy, refined retreat where comfort meets convenience. Enjoy an array of premium services tailored to enhance your lifestyle: a monthly service package with 4 hours of housekeeping, a $265 dining credit for delicious meals in the private dining room, access to fitness and recreational classes, shuttle service, and 24-hour on-site nursing access. Ideally located steps from the scenic waterfront trail, boutiques, and delightful restaurants, this condo seamlessly combines independent living with five-star service-perfect for a retiree seeking a vibrant, carefree lifestyle now with room to grow in the future.
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Hospital, Lake/Pond, Marina, Park, Public Transit
Other
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 3 Marine Parade Drive 804, Toronto W06, ON M8V 3Z5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $675,000 in Toronto, the legal minimum down payment is $42,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,975 also applies, bringing the total estimated land transfer taxes to $19,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.