$589,000
Toronto
#221 5 Marine Parade Drive, Toronto (Mimico), Ontario, M8V4B4
This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Listed at $589,000, it is attractively priced about 9% below the $650,000 median asking price in Toronto. It has been on the market 20 days, fresher than the Toronto average of 58 days.
Welcome to Grenadier Landing! Offering a rare combination of space, comfort and waterfront convenience, this beautifully maintained 815 sq. ft. 1-bedroom plus den, 2- 4 pc bathrooms and 9' ceilings is notably larger than many comparable layouts, which are typically closer to 720 sq. ft. The additional square footage is reflected in the thoughtfully designed floor plan, including the uncommon benefit of a separate dining area, providing generous space for everyday living and entertaining. The spacious primary bedroom features ample closet space and a 4-piece ensuite, while the versatile den makes an ideal home office. A second full 4-piece bathroom adds convenience for guests. The modern galley kitchen offers stainless steel appliances and ample cabinetry, while the bright living areas open onto a southwest-facing balcony. Grenadier Landing is a well-managed building offering an impressive selection of amenities, including a 24-hour concierge, fitness centre, party and media rooms, billiards, table tennis, library, guest suites, landscaped courtyard with BBQ facilities and a 7th-floor outdoor terrace with lake views. Ideally situated steps from the waterfront, Humber Bay Shores Park, Martin Goodman Trail, neighbourhood cafés and restaurants, with TTC at your doorstep. Enjoy the perfect balance of lakeside living, urban convenience and exceptional recreational amenities in one of Toronto's desirable waterfront communities. **Includes Parking, Locker and Bike Storage.** Make this home for the holidays... (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Active: 20 days on market, against an average age of 58 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 2-bed single family in Toronto (Mimico) has been listed for 20 days, which is 38 days fresher than the city average of 58. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $589,000, about 7.5× the local median household income of $79,000.
Carrying it typically needs a household income of about $115,052 (20% down, 25-yr amortization, stress-tested) — roughly 46% above the area median.
Source: Statistics Canada, 2021 Census (FSA M8V)
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