Condo for sale at 401-3 Marine Parade Drive, Toronto, Ontario, M8V 3Z5 - Mimico - MLS: W12389431

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401-3 Marine Parade Drive

Toronto, Ontario, M8V 3Z5 - Mimico

$649,000

Virtual Tour

Neighbourhood

Mimico
Major Intersection

Lakeshore/Marine Parade

Listed Since: 47 day(s)
Last update: today

Virtual Tour

Overview

Property Type

Condo Apt, Apartment
Bedrooms

2 + 1
Bathrooms

2
Square Feet

1000-1199
Exposure

South East
Total Parking

1 Underground Garage
Maintenance

$1,037
Taxes

$3,562.00 (2024)
Balcony

Open

Property Description

Property description for 401-3 Marine Parade Drive, Toronto

Downsize Without Compromise at Hearthstone by the Bay! Welcome to Suite 401; a thoughtfully designed 2 bed + den & solarium, 2 bath suite, tailored for independent, retirement living. Spanning 1029 sq. ft., this bright and inviting split-bedroom layout, is ideal for both privacy and comfort. Floor-to-ceiling windows showcase south/east exposure that includes partial lake views, while a private balcony, solarium, and office nook provide flexible spaces to relax, work, or entertain. Freshly painted throughout; open concept living and dining areas are filled with natural light, creating a warm and welcoming atmosphere. The primary suite includes its own ensuite bath, while the 2nd bedroom and 2nd full bath can accommodate guests with ease. Unlike typical retirement residences Hearthstone by the Bay is a true condominium community: you own your suite while enjoying the comfort of services tailored to your lifestyle. Here, retirement living is designed to meet you where you are, and grow with you. From an active, independent lifestyle filled with social gatherings, resort-style amenities and waterfront walks in the vibrant community of Humber Bay Shores, to having supportive services available whenever you need them; you can settle in with confidence for today, and tomorrow. Monthly service package ($1923.53 + HST/monthly) includes conveniences like dining & housekeeping credits, wellness and fitness programs, social activities, and a 24-hour on-site nurse for peace of mind. Optional personal care services can be added as desired, allowing you to maintain freedom and confidence while your loved ones know you're comfortable and well supported. Book your tour today and you will not be disappointed!

Listed by SUTTON GROUP ELITE REALTY INC.

Property details

MLS #

W12389431
Sq. Ft

1000-1199
Sq. Ft. Source

MLS
Year Built

16-30
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

Main
Building Amenities

n/a
Maintenance Fee Includes

Parking, Water
Property Management

First Service 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 #

W12389431
Sq. Ft

1000-1199
Sq. Ft. Source

MLS
Year Built

16-30
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

Main
Building Amenities

n/a
Maintenance Fee Includes

Parking, Water
Property Management

First Service 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

Foyer

3.04 x 1.2 ft Main level

Ceramic Floor, Mirrored Closet, Double Closet
Kitchen

2.76 x 2.34 ft Main level

Ceramic Floor, Breakfast Bar, Backsplash
Living

6.7 x 3.13 ft Main level

hardwood floor, Open Concept, Window Flr to Ceil
Dining

6.7 x 3.13 ft Main level

hardwood floor, Combined W/Living, W/O To Balcony
Den

1.72 x 2.05 ft Main level

hardwood floor, Combined W/Living
Primary

4.18 x 3.04 ft Main level

4 Pc Ensuite, W/I Closet, Window Flr to Ceil
2nd Br

3.82 x 2.69 ft Main level

Double Closet, W/O To Sunroom, Laminate
Sunroom

1.98 x 2.95 ft Main level

Window Flr to Ceil, Broadloom, Laminate

Contact Manoj Kukreja

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

Property History

Property history for 401-3 Marine Parade Drive, Toronto

This property has been sold 4 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Neighbourhood Amenities & Points of Interest

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Local Real Estate Price Trends for Condo Apt in Mimico

Active listings

260

Average Selling Price of a Condo Apt

September 2025

$691,449

Last 3 Months

$691,908

Last 12 Months

$720,079

September 2024

$730,115

Last 3 Months LY

$748,251

Last 12 Months LY

$762,520

Change

-5%

Change

-8%

Change

-6%

Historical Average Selling Price of a Condo Apt in Mimico

Average Selling Price

3 years ago

$786,714

Average Selling Price

5 years ago

$741,067

Average Selling Price

10 years ago

$385,576

Change

-12%

Change

-7%

Change

79%

Number of Condo Apt Sold

September 2025

Last 3 Months

Last 12 Months

September 2024

Last 3 Months LY

Last 12 Months LY

Change

41%

Change

11%

Change

-2%

How many days Condo Apt takes to sell (DOM)

September 2025

Last 3 Months

Last 12 Months

September 2024

Last 3 Months LY

Last 12 Months LY

Change

19%

Change

17%

Change

16%

Average Selling price

Inventory Graph

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First time home buyer

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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.