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 $699,000 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 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 heat pump heating via electric
Description
Welcome to this beautifully updated 2-bedroom, 2-bathroom condo located on the northwest corner of Hearthstone by the Bay, offering partial views of serene Lake Ontario. This modern, move-in-ready condo features a clean, contemporary feel, so you can simply unpack and start enjoying your new home. As an owner, the mandatory club package includes housekeeping, meals, fitness classes, a full calendar of activities, and access to a shuttle bus that takes you to nearby amenities. Plus, with a nurse on duty 24 hours a day, you'll have peace of mind knowing support is always available. For added flexibility, you can also choose from a variety of a la carte services should your needs change. With fantastic building amenities, easy access to scenic Lake Ontario walking trails, and a vibrant, welcoming community, this is the perfect place to embrace a relaxed, fulfilling retirement lifestyle. Mandatory Basic Service Package: $1923.53 +Hst Per Month. Additional Amenities Incl: Movie Theatre, Hair Salon, Pub, Billiards Area, Outdoor Terrace. Note: $255.11+Hst Extra Per Month for Second Occupant.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 3 Marine Parade Drive 1706, 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 $699,000 in Toronto, the legal minimum down payment is $44,900 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 $10,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,455 also applies, bringing the total estimated land transfer taxes to $20,910.
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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.
