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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 $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.
Experience Luxury Retirement Living at Its Finest! Welcome to Unit #601 at Hearthstone by the Bay- a spectacular, renovated 2+1 bedroom- 2 bathroom Wimbledon suite offering over 1,000 sq. ft. of refined living space. This rare east-facing unit features a highly functional split-bedroom layout, perfect for privacy! The interior has been meticulously updated with modern laminate hardwood flooring throughout and a gourmet kitchen boasting sleek quartz countertops. Large windows flood the space with morning light, creating a warm and inviting atmosphere. Beyond the unit, enjoy an unparalleled lifestyle in a community designed for comfort and convenience! The exclusive Hearthstone Club Package provides access to a full-service restaurant with a private dining room, a licensed pub and lounge, a movie theater, a hair salon, and a dedicated shuttle service. For peace of mind, a nurse is available 24 hours a day. This is more than a home: it's a vibrant, supportive community in a prime Etobicoke waterfront location. Hearthstone by the Bay is the gold standard for luxury retirement! *Mandatory Service Package Extra **EXTRAS** Mandatory Club Fee: $1990.85 +Hst Per Month. Includes a Variety of Services. Amenities Incl: Movie Theatre, Hair Salon, Pub, Billiards Area, Outdoor Terrace. Note: $274.34+Hst Extra Per Month for Second Occupant.
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Hospital, Marina, Park, Lake/Pond, Public Transit
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This could be the first listing for this address.
Data-driven valuation for 3 Marine Parade Drive 601, 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.