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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Mimico. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $398,000 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.
Home is where the Hearth is, and there's no better place to call home in your sunset years than the prestigious Hearthstone by the Bay. Not only will you be taking in the views of the water from this luxurious 1+1 bed, 1 bath accessible suite, you will also be part of a luxurious facility that offers the finest of finesses in senior care and amenities. Even more, you'll be joining a culture and social circle of active and vibrant individuals who form the true heart of this lakeside community. The Graystone model is highly sought after for it's layout, size and flow - not to mention its position looking lakeside with breathtaking views. The finishings in this unit are contemporary and warm. The entire space gives a feeling of comfort and ease. Ample space to maneuver with a walker or chair, a sizeable and elegant kitchen, impressive 4 season sunroom, large terrace with waterfront views, oversize principal bed with walk in and broadloom for extra comfort, and an ideal bathroom with ultra low curb shower and fall alarm. There's ensuite laundry and a den so that a guest could come and stay the night. ***Incredible access to additional services such as; in house nursing care, medication administration, Daily home helper, housekeeping, pharmacy, computer lessons, foot care, hair salon, chiropractor, massage, dry cleaning, private shuttle outings, entertainment, tuck shop, handyman services, carpet cleaning, chef inspired food and beverage service including a full restaurant with delicious menu options that can be delivered to your personal unit. (Many of these services come at additional yet reasonable costs) Customized Assisted Living Plans Available.
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Lake/Pond, Marina, Park, Public Transit
Wheelchair Access
Concierge/Security
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 3 Marine Parade Drive 805, 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 $398,000 in Toronto, the legal minimum down payment is $19,900 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 $4,445 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,445 also applies, bringing the total estimated land transfer taxes to $8,890.
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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.