3 Marine Parade Drive, Toronto, ON
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Property Highlights
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 $789,900 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.
- 1 Bedroom and 2 Bathrooms
- Generous living space spanning 1200-1399 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 via gas
Description
Spacious Corner Condo in Hearthstone by the Bay Retirement Community! This fully renovated 1 bedroom, 2-bathroom retirement condominium offers one of the largest floor plans in the building, with nearly 1300 sq.ft. of living space. Situated on the N/W corner, this suite features an open-concept layout, gourmet kitchen with Miele appliances and Cambria countertops, and a serene view of the lake. Originally a 2-bedroom, the space can easily be converted back to a 2-bedroom layout if desired. Hearthstone by the Bay is a premier retirement community designed for seniors, providing a comprehensive service package that includes housekeeping, meals, fitness classes, activities, and 24/7 emergency nurse support. A shuttle bus service is also available to local amenities. This community offers a supportive, friendly, and elegant environment with the flexibility to add services as needs change over time, making it the ideal place for those seeking a fulfilling and worry-free lifestyle. Don't miss your chance- schedule a showing today! **EXTRAS** Mandatory Club Fee: $1923.53 +Hst Per Month. Includes a Variety of Services. Amenities Incl: Movie Theatre, Hair Salon, Pub, Billiards Area, Outdoor Terrace. Note: $265.06+Hst Extra Per Month for Second Occupant.
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Public Transit, Marina, Lake/Pond, Hospital, Park
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 3 Marine Parade Drive 2005, 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 $789,900 in Toronto, the legal minimum down payment is $53,990 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 $12,273 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,273 also applies, bringing the total estimated land transfer taxes to $24,546.
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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.
