58 Marine Parade Drive, Toronto, ON

$529,999
MLS#:W12592848
1 beds
1 baths
600-699 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

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 $529,999 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 600-699 sqft
  • 1.0 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

Love Where You Live - The Explorer at Waterview! Discover true waterfront luxury at one of Humber Bay Shores' most desirable addresses, offering breathtaking, unobstructed views of Lake Ontario and its iconic heart-shaped bay - visible from both your living room and bedroom. This expansive 1-bedroom suite features nearly 700 sq.ft. of beautifully designed open-concept living, providing a rare sense of space with room for a full dining area and a generous living room. Step outside to your oversized 138 sq.ft. balcony - one of the largest in the building - perfect for savouring morning sunrises, hosting friends, or simply relaxing while taking in the magnificent views. The bright, upgraded kitchen is a standout, offering white raised-panel solid hardwood cabinetry, a tiled backsplash, beveled granite countertops, pot lighting, under-cabinet lighting, and stainless steel appliances - blending timeless elegance with everyday functionality. Additional suite features include premium hardwood flooring, motorized blinds, two walkouts to the balcony, plus parking and locker for ultimate convenience. From the moment you enter the grand lobby, The Explorer sets the tone for luxurious, resort-style living. Enjoy exceptional amenities including an indoor pool, jacuzzi, sauna, fully equipped gym, theatre room, stylish party spaces, business centre, guest suites, and ample visitor parking. The building is known for its impeccable management, top-tier security, and beautifully maintained common areas. Ideally located in the vibrant heart of Humber Bay Shores, you're just steps from stunning waterfront trails, lush parks (Humber Bay, Jean Augustine, Palace Pier), restaurants, cafés, grocery stores, and medical services. TTC transit is moments away, with quick access to major highways for an easy commute downtown.Space, style, shoreline, and spectacular views - this is waterfront living at its finest.

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Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJanuary 6, 2026
Sold price information is available to members only
Listed Date12/1/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural Style1 Storey/Apt
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$2,900

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Clear View, Hospital, Lake/Pond, Park, Waterfront, Public Transit

Interior Features

Primary Bedroom - Main Floor

Security Features

Carbon Monoxide Detectors, Concierge/Security, Smoke Detector

Community Features

Location

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58 Marine Parade Drive, Toronto, ON
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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 58 Marine Parade Drive 1214, Toronto W06, ON M8V 4G1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$28,000 (5.3%)
* Minimum Canadian down payment required for this price is $28,000.
Amortization Period25 Years
Estimated Monthly Payment$2,992Based on a loan of $501,999 over 25 years.
Purchase Price$529,999
Loan Amount$501,999
Provincial Land Transfer Tax:$7,075
Toronto Municipal Land Transfer Tax:$7,075
Total Estimated Closing Taxes:$14,150

About Purchasing a Home in Toronto, ON

For a property listed at $529,999 in Toronto, the legal minimum down payment is $28,000 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 $7,075 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,075 also applies, bringing the total estimated land transfer taxes to $14,150.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Mimico, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$878,952

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Mark
Public45 Cloverhill Road, Etobicoke, Toronto, Ontario, M8Y 1T4
5.2
St Louis
Public11 Morgan Avenue, Etobicoke, Toronto, Ontario, M8Y 2Z7
7.6
John English
Public95 Mimico Avenue, Etobicoke, Toronto, Ontario, M8V 1R4
6.0
Sainte-Marguerite-d'Youville
Public755 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T3
7.7
Swansea
Public207 Windermere Avenue, High Park-Swansea, Toronto, Ontario, M6S 3J9
7.7

Secondary Schools

Etobicoke-Arts
Public675 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T1
8.2
Bishop Allen
Public721 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T3
8.7
Pope John Paul II
PublicFern Avenue, High Park-Swansea, Toronto, Ontario, M6R 2L4
6.7
Lakeshore
Public350 Kipling Avenue, Etobicoke, Toronto, Ontario, M8V 3L1
4.9
Western
Public125 Evelyn Crescent, Toronto, Ontario, M6P 3E3
6.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.