5 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 $790,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 900-999 sqft
- 2.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to waterfront living at its finest in the highly sought-after Grenadier Landing! This bright and spacious 2-bedroom, 2-bathroom suite offers approximately 902 sq. ft of thoughtfully designed living space with a desirable East exposure, filling the home with natural light and showcasing beautiful lake views. the open-concept layout features a functional kitchen, generous living and dining areas, a primary retreat with walk-in closet and ensuite, and a large private balcony perfect for enjoying sunrise views over Lake Ontario. Nestled in the heart of Humber Bay Shores, residents enjoy direct access to the scenic Martin Goodman Trail, a renowned waterfront trail ideal for cycling, jogging, walking, and outdoor recreation along Toronto's shoreline. Just septs from picturesque Humber Bay Park, waterfront promenades, marinas, cafes, and green spaces, this exceptional location offers the perfect blend of nature and urban conveniences. Enjoy easy access to downtown Toronto, TTC, major highways, and both Airports. the vibrant lakeside lifestyle that makes this community one of Toronto's most desirable waterfront destination. Unit comes with Teo parking sports and one Locker.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Lake Access, Park, Public Transit, School Bus Route, Waterfront
Interior Features
Primary Bedroom - Main Floor
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5 Marine Parade Drive 911, Toronto W06, ON M8V 4B4
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 $790,000 in Toronto, the legal minimum down payment is $54,000 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 $12,275 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,275 also applies, bringing the total estimated land transfer taxes to $24,550.
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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.
