$812,000
3 Marine Parade Drive 1402, 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
$1,190/mo
$1.13 per sq ft
Property taxes
$361/mo
$4,335 a year (2026)
About $1,551 a month in fees and taxes, before the mortgage.
The fee covers
- Covered: Heat
- Covered: Water
- Covered: Air conditioning
- Covered: Parking
- Covered: Common Elements
- Covered: Building Insurance
- 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
- Open
- Laundry
- Ensuite
- Age
- 16-30 years
- Possession
- TBD
The building
Hearthstone by the Bay
3 Marine Parade Dr · Mimico
- 3 for sale
- 18 floors
- 144 suites
About this home
Welcome to Hearthstone by the Bay, where retirement living meets an extraordinary waterfront setting. This rarely available south-east corner suite offers spectacular views of Lake Ontario, the Humber River and Toronto's iconic skyline, including the CN Tower and Ontario Place. Imagine settling into the sunroom with your morning coffee and watching the day unfold-the sparkling waters of Lake Ontario, boats and wildlife going by, and the ever-changing skyline stretching beyond. Humber Bay Park & the waterfront trail sit right outside your door, creating a remarkable sense of tranquility and connection to the waterfront.This spacious suite offers two bedrooms, a welcoming family room and a generous living, dining and kitchen area designed for comfortable everyday living. The adjoining sunroom creates a quiet retreat to sit back, relax and take in the spectacular waterfront views. In the kitchen, two picture-perfect windows frame the view, while solid wood cabinetry and an open, airy layout add warmth and character. Both bedrooms feature walk-outs to private balconies, allowing you to enjoy the remarkable views from yet another vantage point.Hearthstone offers a refreshing alternative to traditional retirement living-the freedom of owning your own condominium, paired with the convenience of services and amenities designed to make everyday life easier and more enjoyable. The Mandatory Club Fee of $1,990.85 + HST/month includes a wide range of services and amenities, including $298.40/month in restaurant meal credits, 4 hours of housekeeping per month, 24-hour access to a nurse on duty, fitness classes, a full range of activities and shuttle bus service. Additional services and health care are available à la carte as your needs evolve, providing added comfort and support for the years ahead. An additional fee of $274.34 + HST/month applies for a second occupant.
All details25 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing
Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 7
- Size
- 1000-1199 sq ft
Features
- Wheelchair Access
Building & Amenities
- Elevator
- Yes
- Floor
- 11
- Property management
- First Service Residential
Amenities
- Concierge
- Exercise Room
- Indoor Pool
- Media Room
- Visitor Parking
Heating & Cooling
- Heating
- Forced Air
- Heat source
- Gas
- Cooling
- Central Air
Parking
- Covered spaces
- 1
Features
- Underground
Exterior & Lot
- Style
- Apartment
- Exterior
- Concrete
Taxes & Fees
- HST
- Included In
Listing
- MLS® number
- W14027528
- Type
- Condo Apartment
- Transaction
- For Sale
- Neighbourhood
- Mimico
- Cross streets
- Parklawn/Lakeshore
- Co-listing brokerage
- Royal Lepage Real Estate Associates, Larose Team
Rooms · 9Living Room, Dining Room, Kitchen, Primary Bedroom, Bedroom 2, Den, Sunroom, Washroom ×2
Living Room
Ground
7.24 × 3.04 m · 23′9″ × 10′0″
Combined w/Dining, W/O To Balcony, W/O To Sunroom, Living Room
Dining Room
Ground
7.24 × 3.04 m · 23′9″ × 10′0″
Combined w/Living, Crown Moulding, Laminate, Dining Room
Kitchen
Ground
4.72 × 2.36 m · 15′6″ × 7′9″
Ceramic Floor, Overlooks Dining, Overlook Water, Kitchen
Primary Bedroom
Ground
4.57 × 3.04 m · 15′0″ × 10′0″
Broadloom, W/O To Balcony, 3 Pc Ensuite, Primary Bedroom
Bedroom 2
Ground
3.66 × 2.67 m · 12′0″ × 8′9″
Broadloom, W/O To Balcony, Closet, Bedroom 2
Den
Ground
3.81 × 3.56 m · 12′6″ × 11′8″
Laminate, Crown Moulding, Separate Room, Den
Sunroom
Ground
2.74 × 2.00 m · 9′0″ × 6′7″
South View, Overlook Water, Window Floor to Ceiling, Sunroom
3-piece washroom
Flat
4-piece washroom
Flat
History
Past listings and sales for this home and building.
Location
3 Marine Parade Drive 1402, Toronto, ON M8V 3Z5 · Near Parklawn/Lakeshore
Monthly cost
Estimated monthly cost
$5,147/mo
- Mortgage
- $3,595
- Property tax
- $361
- Maintenance
- $1,190
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
$190,585
$162,400 down + $28,185 to $29,435 in closing costs
- Ontario land transfer tax
- $12,715
- Toronto land transfer tax
- $12,715
- Legal fees and disbursements
- $1,500 to $2,500
- Title insurance
- $250 to $500
- Status certificate
- $100
- Property tax adjustment
- $214
- Condo fee adjustment
- $691
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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$812,000
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