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 $499,000 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.
Welcome to Unit 223 at 5 Marine Parade Drive, a standout residence in one of Humber Bay Shores' most sought-after landmark buildings. Perfectly positioned just steps from the lake, this suite offers an exceptional balance of nature and urban convenience, within a well-established waterfront community known for its scenic trails, green spaces, and everyday amenities. From the moment you step off the elevator, the suite's separated entryway sets it apart, creating a rare sense of privacy and calm before you enter the sun-drenched and beautifully proportioned living spaces. The unique and thoughtfully designed layout is both generous and highly functional, offering distinct areas for living, dining, and relaxation. Large windows invite an abundance of natural and direct sunlight, while the suite's orientation showcases peaceful courtyard views from the balcony, offering a level of privacy that is increasingly hard to find, along with a charming peek-a-boo glimpse of the lake. The living and dining areas are generous and flow seamlessly, making the space equally suited for work, quiet evenings at home, or hosting guests. The kitchen is designed with both practicality and style in mind, featuring ample storage and workspace, within a layout that feels open, yet defined. The bedroom is spacious and bright, with room for dressers in addition to the generously-sized closet. Every detail has been considered to maximize comfort, style, livability, and a sense of openness rarely found in one-bedroom suites. Residents enjoy a well-managed building, with a full suite of amenities designed to enhance daily life, and maintenance fees that include all utilities except internet. The building is also pet-friendly with no weight restrictions, an added benefit for animal lovers. Just steps to waterfront trails, parks, cafés, and local shops, unit 223 presents a unique opportunity to enjoy space, privacy, and community in one of Toronto's most desirable lakeside enclaves.
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This condo apartment located at 5 Marine Parade Drive, Toronto is currently for sale and has been available on SousaSells for 5 days. This property is listed at $499,000 with an estimated mortgage of $1,661* per month. It has 1 bed, 1 bathroom, and is 600-699 square feet. 5 Marine Parade Drive, Toronto is in the Mimico neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Mimico, Toronto.
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.
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The current listing price for 5 Marine Parade Drive, Unit 223, Toronto, ON in Mimico, Toronto is $499,000.
This property features 1 bedroom and 1 bathroom across approximately 600-699 sqft.
5 Marine Parade Drive, Unit 223, Toronto, ON is a Condo Apartment (1 Storey/Apt) featuring a None basement.
Interior highlights include: Carpet Free.
Yes, this property offers parking space for 1.0 vehicle (Underground).
Heating is provided via Gas and cooling via Central Air.
Request a live agent video tour or get 3D virtual walkthrough access for 5 Marine Parade Drive, Unit 223, Toronto, ON .
Mimico-Queensway, Toronto
872 assaults (3705.0/100k)
51 B&E (216.7/100k)
79 thefts (335.7/100k)
Elevated vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 5 Marine Parade Drive 223, Toronto, 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 $499,000 in Toronto, the legal minimum down payment is $24,950 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 $6,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,455 also applies, bringing the total estimated land transfer taxes to $12,910.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Mimico, Toronto.
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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.
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