3 Marine Parade Drive, Unit 1607, Toronto, ON
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 $309,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 600-699 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
Retirement Living at Hearthstone by the Bay! This bright and inviting one-bedroom retirement condo has just been renovated with a beautiful, fresh and updated kitchen, adding a modern touch to this comfortable and thoughtfully designed suite.The suite features beautiful hardwood floors, a spacious bedroom, full bathroom with walk in shower, convenient in-suite laundry, and a bright, airy layout designed for both comfort and privacy. Hearthstone by the Bay is a vibrant retirement community offering the best of both worlds - the independence and security of owning your own condo, combined with the services, amenities and social lifestyle of a premier retirement community. The mandatory monthly service package includes 4 hours of housekeeping, a $298.40 monthly meal credit, 24-hour nurse access, fitness classes, daily activities, shuttle service and more. Personal care services are also available, including care up to 24/7 as needed. Enjoy an exceptional selection of amenities including a dining room with fabulous meals, a pub, billiards area, library, movie theatre, fitness centre with therapeutic pool, outdoor terrace and more! Mandatory Club Fee: $1,990.85 + HST/month for one occupant. Additional occupant: $274.34 + HST/month. See Schedule C for a full list of what is included!
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Property Summary
This condo apartment located at 3 Marine Parade Drive, Toronto is currently for sale and has been available on SousaSells for 0 days. This property is listed at $309,000 with an estimated mortgage of $1,029* per month. It has 1 bed, 1 bathroom, and is 600-699 square feet. 3 Marine Parade Drive, Toronto is in the Mimico neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Mimico, Toronto.
- •1 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •600-699 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Hospital
- Lake/Pond
- Marina
- Park
- Public Transit
Interior Features
- Other
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 3 Marine Parade Drive, Unit 1607, Toronto, ON
Q.What is the asking price for 3 Marine Parade Drive, Unit 1607, Toronto, ON ?
The current listing price for 3 Marine Parade Drive, Unit 1607, Toronto, ON in Mimico, Toronto is $309,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 1 bedroom and 1 bathroom across approximately 600-699 sqft.
Q.What property type and architectural style is 3 Marine Parade Drive, Unit 1607, Toronto, ON ?
3 Marine Parade Drive, Unit 1607, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What key property features does 3 Marine Parade Drive, Unit 1607, Toronto, ON offer?
Key property features include: Hospital, Lake/Pond, Marina, Park, Public Transit.
Q.What interior features are included in this home?
Interior highlights include: Other.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Mimico-Queensway, Toronto
872 assaults (3705.0/100k)
51 B&E (216.7/100k)
79 thefts (335.7/100k)
Elevated vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 3 Marine Parade Drive 1607, Toronto, 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 $309,000 in Toronto, the legal minimum down payment is $15,450 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 $3,110 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $3,110 also applies, bringing the total estimated land transfer taxes to $6,220.
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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.
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