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Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Mimico. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $619,000 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.
Perched high atop the beautiful Humber Bay shores sits Penthouse #9, an exceptionally rare opportunity to own at the penthouse level with southern views across Lake Ontario. Measuring almost 700 square feet, PH9 is a bright, spacious 1 bedroom/1 bathroom suite in Grenadier Landing - a renowned 12-storey mid-rise condo overlooking Humber Bay and the Humber Bay Shores Park. PH9 offers sweeping south, west and northern exposures through its panoramic window design, affording the space a full range of natural light throughout the day. For the cold winter days the living room is centred by a gas fireplace and stone mantel, warming up the living spaces while setting the scene for the sensational views. For the warm summer days, a private walk-out balcony sits just off the living room to take in the breeze, and a gas line for BBQ and lake views complete the scene. The updated kitchen with stone counters, full sized appliances and eat-in bar is perfectly positioned to entertain, and the large bedroom with hardwood floors, lake views and oversized closet is a welcomed retreat. 4-piece bath with washer/dryer. One car parking with bike rack and adjacent locker. Remote operated sun shade blinds in the living/dining room and sun shade/blackout blinds in bedroom. All utilities are included in maintenance fees. With its biking trails, shoreline, parks and wildlife habitat, 5 Marine Parade Drive is ideally situated in the outstanding Humber Shores area of Toronto. Offering 24-hour concierge, visitor parking, fitness centre and landscaped courtyard, a fantastic lifestyle opportunity awaits.
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Beach, Clear View, Lake Access, Lake/Pond, Marina, Park
Other
Concierge/Security
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 5 Marine Parade Drive PH9, Toronto W06, ON M8V 4B4
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 $619,000 in Toronto, the legal minimum down payment is $36,900 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 $8,855 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,855 also applies, bringing the total estimated land transfer taxes to $17,710.
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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.