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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Mimico. Expertly crafted featuring premium concrete and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $675,000 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.
Enjoy effortless retirement living in this beautifully refreshed condo with a west/south exposure, lovely views of Humber Bay and Lake Ontario, and a large private patio- perfect for enjoying morning coffee! Inside, you'll find new flooring, updated appliances, and a freshly repainted interior- bright, cheerful, and truly move-in ready. Located in the highly regarded Hearthstone by the Bay community, the mandatory Club Package includes: housekeeping, some meals in the dining room, fitness classes, activities, 24-hour on-site nursing, and a private shuttle to groceries and local shops. Additional à-la-carte services are available, allowing you to tailor support to your lifestyle and needs as years progress. Everything you need, all in one place! Thoughtful amenities, caring staff, and a welcoming atmosphere- luxury retirement living at its best. *Mandatory Service Package Extra **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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Hospital, Lake Access, Place Of Worship, Public Transit, Rec./Commun.Centre
Carpet Free
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 3 Marine Parade Drive 1504, 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 $675,000 in Toronto, the legal minimum down payment is $42,500 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 $9,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,975 also applies, bringing the total estimated land transfer taxes to $19,950.
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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.