3 Marine Parade Drive, 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 $499,990 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 900-999 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
Elegant Corner Suite at Hearthstone by the Bay Refined Retirement Living! A rare opportunity to own a sophisticated 2-bedroom, 2-bath corner residence in Hearthstone by the Bay- Etobicoke's premier retirement condominium community. This bright, northeast-facing suite offers an abundance of natural light and partial views of Lake Ontario. Enjoy the freedom of condo ownership, paired with the convenience of curated services designed to enhance your lifestyle. The mandatory monthly Club Fee includes weekly housekeeping, dining room meal credits, 24-hour access to an on-site nurse, engaging fitness classes, social programs, and a private shuttle to nearby shopping and local amenities. Need more support down the road? Simply tailor your services as you go pay only for what you need. A flexible, elevated approach to retirement living that stands apart from traditional options. A warm, welcoming home in a truly exceptional community. Don't miss out.*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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Key Features
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Parking & Garage
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Features
Property Features
Hospital, Lake/Pond, Park, Public Transit
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 3 Marine Parade Drive 1108, 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 $499,990 in Toronto, the legal minimum down payment is $25,000 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 $6,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,475 also applies, bringing the total estimated land transfer taxes to $12,950.
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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.
