3 MARINE PARADE Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable Other condo apartment located in the coveted neighborhood of Mimico. Expertly crafted featuring premium concrete and concrete construction, this residence presents an exceptional opportunity offered at $689,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 900-999 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating
Description
Enjoy resort style independent retirement living in your private condo residence at The Hearthstone by the Bay. This beautifully renovated, spacious, two bed+den, two bath suite property offers lovely lake views from den and balcony. Highlights of this rarely offered desirable suite include: 9ft ceilings, new luxe laminate flooring, newly carpeted bedrooms, walk-in tub. The large master queen size bedroom offers a sizeable closet and ensuite bathroom with a full walk-in shower and grab bars. The second bedroom has access to a sun-drenched den with scenic lake views. The kitchen offers S.S. appliances, ample cupboard and granite counters. The spacious living/dining rooms have floor to ceiling windows with an additional access point to the balcony. This suite also features an in-suite laundry with great storage space & separate locker. The Hearthstone offers you an independent luxury resort lifestyle living environment, with services designed to suit your every need. With 24-hour Concierge, security, health care & wellness center, gym & indoor saltwater pool, library, games room, licensed dining room and much more. This is condo living for mature adults seeking an alternative to smaller rental retirement spaces to ultimately meet the health and social needs of today's modern senior. Required club service dues: $2,092.00 monthly. Parking $72.56 + locker $23.58 monthly. Full list of amenities & services available.
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Pricing & Value Insights
Data-driven valuation for 3 MARINE PARADE Drive 404, Toronto W06, ON M8V 3Z5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $689,000 in Toronto, the legal minimum down payment is $43,900 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 $10,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,255 also applies, bringing the total estimated land transfer taxes to $20,510.
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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.
