$700,000
3 Marine Parade Drive 2101, Toronto, ON M8V 3Z5
Mimico · Toronto · M8V 3Z5
Listing brokerage: Royal Lepage Real Estate Associates, Larose Team
- Beds
- 2
- Baths
- 2
- Sq ft
- 1000–1199
- Parking
- 1
Monthly costs
Maintenance
$1,059/mo
$1.01 per sq ft
Property taxes
$294/mo
$3,529 a year (2026)
About $1,353 a month in fees and taxes, before the mortgage.
The fee covers
- Covered: Heat
- Covered: Water
- Covered: Air conditioning
- Covered: Building Insurance
- Covered: Common Elements
- Not covered: Hydro
Bills not covered are paid by the owner.
For investors: Likely rent controlled: yearly increases capped by Ontario's guideline. Ontario rules
The unit
- Exposure
- South East
- Parking
- 1 spot · Underground
- Locker
- Owned
- Balcony
- Terrace
- Laundry
- Ensuite
- Age
- 6-10 years
- Possession
- TBD
The building
Hearthstone by the Bay
3 Marine Parade Dr · Mimico
- 3 for sale
- 18 floors
- 144 suites
About this home
Experience the finest in luxury retirement living at Hearthstone by the Bay. This exceptional penthouse-level 2-bedroom, 2-bathroom suite offers beautiful lake views and an abundance of natural light through expansive windows, creating a bright, warm, and welcoming living space.Thoughtfully designed for comfort and ease, this spacious suite is complemented by an unparalleled lifestyle in one of Etobicoke's premier retirement communities. The mandatory Hearthstone Club Package provides residents with an exceptional collection of services and amenities, including a full-service restaurant with private dining room, licensed pub and lounge, movie theatre, hair salon, billiards area, outdoor terrace, fitness and wellness programs, scheduled shuttle service, and the reassurance of 24-hour on-site nursing support.Perfectly situated in a sought-after waterfront neighbourhood, you'll enjoy easy access to walking trails, parks, shopping, restaurants, transit, and major highways. Mandatory Club Fee of $1,990.85 + HST/month, which includes a wide variety of services and amenities. 4 Hours of Housekeeping, Meal Credit in the Restaurant ($298.40/month), Access to Nurse on Duty 24 Hours/Day, Fitness Classes, Full Range of Activities & Shuttle Bus Use! Extra Service Available As Well for Your Comfort and Care Years Ahead. An additional fee of $274.34 + HST/month applies for a second occupant.
All details24 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing
Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 5
- Size
- 1000-1199 sq ft
Building & Amenities
- Floor
- 18
- Property management
- First Service Residential
Amenities
- Concierge
- Exercise Room
- Game Room
- Gym
- Lap Pool
- Party Room/Meeting Room
Heating & Cooling
- Heating
- Heat Pump
- Heat source
- Electric
- Cooling
- Central Air
Parking
- Covered spaces
- 1
Features
- Underground
Exterior & Lot
- Style
- Apartment
- Exterior
- Concrete
Taxes & Fees
- HST
- Included In
Listing
- MLS® number
- W13634732
- Type
- Condo Apartment
- Transaction
- For Sale
- Neighbourhood
- Mimico
- Cross streets
- Lakeshore & Palace Pier
- Co-listing brokerage
- Royal Lepage Real Estate Associates, Larose Team
Rooms · 7Living Room, Dining Room, Kitchen, Primary Bedroom, Bedroom 2, Washroom ×2
Living Room
Main
7.50 × 3.20 m · 24′7″ × 10′6″
Hardwood Floor, Crown Moulding, Window Floor to Ceiling, Living Room
Dining Room
Main
7.50 × 3.20 m · 24′7″ × 10′6″
Hardwood Floor, Crown Moulding, Combined w/Living, Dining Room
Kitchen
Main
2.80 × 2.40 m · 9′2″ × 7′10″
Pot Lights, Breakfast Bar, Backsplash, Kitchen
Primary Bedroom
Main
3.80 × 3.00 m · 12′6″ × 9′10″
Hardwood Floor, 3 Pc Ensuite, Walk-In Closet(s), Primary Bedroom
Bedroom 2
Main
3.40 × 2.70 m · 11′2″ × 8′10″
Hardwood Floor, Closet, Window Floor to Ceiling, Bedroom 2
3-piece washroom
4-piece washroom
History
Past listings and sales for this home and building.
Location
3 Marine Parade Drive 2101, Toronto, ON M8V 3Z5 · Near Lakeshore & Palace Pier
Monthly cost
Estimated monthly cost
$4,452/mo
- Mortgage
- $3,099
- Property tax
- $294
- Maintenance
- $1,059
Amortization
Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.
Cash to close
Cash to close
$163,589
$140,000 down + $23,589 to $24,839 in closing costs
- Ontario land transfer tax
- $10,475
- Toronto land transfer tax
- $10,475
- Legal fees and disbursements
- $1,500 to $2,500
- Title insurance
- $250 to $500
- Status certificate
- $100
- Property tax adjustment
- $174
- Condo fee adjustment
- $615
Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.
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$700,000
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