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New2 hours ago

911 - 5 Marine Parade Drive

Mimico, Toronto

$699,999

Condo Apartment |
2 | 2 | 2 | 1
About this home

Welcome to waterfront living at its finest in the highly sought-after Grenadier Landing! This bright and spacious 2-bedroom, 2-bathroom suite offers approximately 902 sq. ft of thoughtfully designed living space with a desirable East exposure, filling the home with natural light and showcasing beautiful lake views. the open-concept layout features a functional kitchen, generous living and dining areas, a primary retreat with walk-in closet and ensuite, and a large private balcony perfect for enjoying sunrise views over Lake Ontario. Nestled in the heart of Humber Bay Shores, residents enjoy direct access to the scenic Martin Goodman Trail, a renowned waterfront trail ideal for cycling, jogging, walking, and outdoor recreation along Toronto's shoreline. Just septs from picturesque Humber Bay Park, waterfront promenades, marinas, cafes, and green spaces, this exceptional location offers the perfect blend of nature and urban conveniences. Enjoy easy access to downtown Toronto, TTC, major highways, and both Airports. the vibrant lakeside lifestyle that makes this community one of Toronto's most desirable waterfront destination. Unit comes with Teo parking sports and one Locker.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size900-999 sq. ft.
Maintenance Fees$975
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces2
Parking FeaturesUnderground
Property Tax$3,299
mls© NumberW13773904
Listed ByROYAL LEPAGE TERREQUITY REALTY
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,583
Property tax
$275
Heat allowance
$150
Condo fees, half counted
$487
Housing costs
$4,495 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $140,000
25-yr amortization

Income needed

$138,000

gross annual household income

Payment at 4%
$2,946 / mo
Cash down
$140,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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