Condo sold at 1505-3 Marine Parade Drive, Toronto, Ontario, M8V 3Z5 - Mimico - MLS: W13185070

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1505-3 Marine Parade Drive

Toronto, Ontario, M8V 3Z5 - Mimico

$360,000$000000

Virtual Tour

Neighbourhood

Mimico
Major Intersection

Lakeshore/Marine Parade

Listed Since: 28 day(s)
Last update: 7 day(s) ago

Virtual Tour

Overview

Property Type

Condo Apt, Apartment
Bedrooms

1 + 2
Bathrooms

1
Square Feet

700-799
Exposure

South West
Total Parking

1 Underground Garage
Maintenance

$797
Taxes

$1,764.57 (2025)
Balcony

Open

Property Description

Property description for 1505-3 Marine Parade Drive, Toronto

Life by the lake feels effortless in this bright and welcoming 1-bedroom + den + sunroom condo in Toronto's Mimico waterfront in the Hearthstone by the Bay retirement community. Designed for comfort, ease, and independent retirement living, this suite features a spacious bedroom, flexible lounge/den, full bathroom, in-suite laundry, and a sunroom ideal for relaxing, reading, or quiet mornings. The layout supports a simple, low-maintenance lifestyle. Hearthstone by the Bay is a full-service retirement residence offering peace of mind and connection. The mandatory monthly service package includes 4 hours housekeeping, meal credit ($298.40), 24-hour nurse access, fitness classes, daily activities, shuttle service, and more (see Schedule C). Personal care available up to 24/7 as needed. Mandatory Club Fee: $1,990.85 + HST/month (1 occupant); Additional Occupant: $274.34 + HST/month. Amenities include movie theatre, hair salon, pub, billiards area, outdoor terrace & more. Steps from Lake Ontario trails, parks, cafés, transit and highway access, this is a rare opportunity for supported waterfront retirement living.

Listed by ELEVATE REALTY INC.

Property details

MLS #

W13185070
Sq. Ft

700-799
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Concrete Block
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

Main
Building Amenities

Concierge,Exercise Room,Games Room,Lap Pool,Media Room,Recreation Room
Maintenance Fee Includes

Heat, Parking, Water
Property Management

FirstService Residential
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

W13185070
Sq. Ft

700-799
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Concrete Block
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

Main
Building Amenities

Concierge,Exercise Room,Games Room,Lap Pool,Media Room,Recreation Room
Maintenance Fee Includes

Heat, Parking, Water
Property Management

FirstService Residential
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 1505-3 Marine Parade Drive, Toronto

This property has been sold 7 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Estimated price

Date

Price

Change

2026-05-27

$363,371

1.58%

Local Real Estate Price Trends for Condo Apt in Mimico

Active listings

248

Average Selling Price of a Condo Apt

May 2026

$706,150

Last 3 Months

$666,672

Last 12 Months

$693,385

May 2025

$637,132

Last 3 Months LY

$736,829

Last 12 Months LY

$730,967

Change

11%

Change

-10%

Change

-5%

Historical Average Selling Price of a Condo Apt in Mimico

Average Selling Price

3 years ago

$809,176

Average Selling Price

5 years ago

$762,771

Average Selling Price

10 years ago

$427,482

Change

-13%

Change

-7%

Change

65%

Number of Condo Apt Sold

May 2026

Last 3 Months

Last 12 Months

May 2025

Last 3 Months LY

Last 12 Months LY

Change

-36%

Change

-4%

Change

-5%

How many days Condo Apt takes to sell (DOM)

May 2026

Last 3 Months

Last 12 Months

May 2025

Last 3 Months LY

Last 12 Months LY

Change

-6%

Change

-3%

Change

14%

Average Selling price

Inventory Graph

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Down Payment ($)

Down Payment (%)

Closing Cost Calculator

This data is for informational purposes only.

Closing Cost Total for this property

Total Cash flow for purchasing this property

Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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