| Heat Included | |
| Common Elements Included | |
| Building Insurance Included | |
| Water Included | |
| Parking Included | |
| CAC Included |

















































1103 - 58 Marine Parade Drive
Mimico, Toronto
$1,650,000
Experience exceptional waterfront living at The Monarch, with breathtaking, unobstructed panoramic views of Lake Ontario and Toronto's iconic downtown skyline. This sophisticated 2-bedroom + den residence offers 1,744 sq. ft. of total living space,including 1,563 sq. ft. of interior living space and an expansive 181 sq. ft. balcony.Soaring 9-ft ceilings and floor-to-ceiling windows fill the home with natural light while showcasing spectacular lake and skyline vistas. Three walkouts to the balcony extend the living space outdoors and create the perfect setting to enjoy stunning sunrises,sparkling water views, and the ever-changing Toronto skyline.The spacious open-concept living and dining area is designed for both elegant entertaining and comfortable everyday living. The modern white kitchen features a centre island, sleek contemporary cabinetry, striking black stone countertops, and generous workspace.Beautiful hardwood flooring throughout enhances the home's timeless elegance, while the generous layout and den provide exceptional flexibility for a home office, library, or additional living space. Enjoy resort-style amenities, 24-hour concierge service, and a prestigious waterfront location just minutes from downtown Toronto, waterfront trails, parks, restaurants, shopping, and entertainment.A rare opportunity to own an extraordinary waterfront residence where panoramic views, elegant interiors, generous proportions,and an exceptional location come together to create a truly remarkable Toronto lifestyle.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 1400-1599 sq. ft. |
| Maintenance Fees | $1,916 |
| Locker | Owned |
| Balcony | Open |
| Exposure | South East |
| Parking Type | Underground |
| Parking Spaces | 2 |
| Parking Features | Underground |
| Property Tax | $6,877 |
| mls© Number | W13840222 |
| Listed By | ROYAL LEPAGE SIGNATURE REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $8,445
- Property tax
- $573
- Heat allowance
- $150
- Condo fees, half counted
- $958
- Housing costs
- $10,127 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$312,000
gross annual household income
- Payment at 4%
- $6,943 / mo
- Cash down
- $330,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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