$1,250,000

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#304 110 Marine Parade Drive, Toronto (Mimico) - Single Family for Sale

#304 110 Marine Parade Drive, Toronto (Mimico), Ontario, M8V0B6

3 beds3 baths1 parking1,300 ft²$1,016/mo condo feeListed 197 days ago

Overview

This 3-bedroom, 3-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space.

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Description

Welcome to Riva Del Lago, a prestigious residence in Toronto's coveted Humber Bay Shores. One of the largest layouts in the building. This suite offers 1,350 Sq.ft. (1205 int + 145 ext) of refined living space, with a private balcony steps from lake Ontario. Truly unobstructed views of the lake and Toronto skyline. 2 spacious bedrooms plus a large den, and 2.5 elegant bathrooms, this home provides breathtaking water views from the living area and both bedrooms, each with an ensuite bath. Indulge in luxury with upgrades including plank laminate floors, smooth ceilings, a designer kitchen and high-end appliances enhance your living experience including a wine fridge. Additional conveniences include one parking spot and one locker. Exclusive amenities elevate your lifestyle with a dog wash, a two-level gym & much more. Be within walking distance to local shops, restaurants, parks, and nature trails. The highway and TTC are in close proximity, and you're within minutes drive from downtown Toronto, Mississauga, or the airport. (id:66096)

Property Details

MLS®: W13027702
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 3
Half Baths: 1
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,016/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,456.25/yr
Listed: 197 days ago

Rooms

Main level

Kitchen: 1.95 x 4.05 meters
Living room: 5.73 x 4.23 meters
Dining room: 5.73 x 4.23 meters
Bedroom: 3.71 x 3.05 meters
Bedroom 2: 3.23 x 3.26 meters
Den: 2.41 x 2.1 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Wine Fridge, Stove, Dryer, Microwave, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

197d

Toronto (Mimico) listings, avg age

57d

Price / ft²

$962

List price

$1.25M

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.

Haho

This 3-bed single family in Toronto (Mimico) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by CITYVIEW REALTY INC. · MAHER DIB

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8V)

This home lists at $1,250,000, about 15.8× the local median household income of $79,000.

Carrying it typically needs a household income of about $244,169 (20% down, 25-yr amortization, stress-tested) — roughly 209% above the area median.

Median household income: $79,000
Population: 44,144
Median age: 40
Owner / renter: 49% / 51%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M8V)

$1,250,000· $962/ft²

For sale

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Full Cost Breakdown

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Down Payment8% · $100,000

Min 8%50%

Mortgage payment$6,376/mo

↳ CMHC premium ($46,000 capitalized)

Property tax (est.)$371/mo

Condo fee$1,016/mo

Total monthly$7,763

Cash Needed to Close

Down payment (8%)$100,000

Land transfer tax$42,950

Est. closing costs$6,250

Total cash needed$149,200

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#304 110 Marine Parade Drive, Toronto (Mimico) - Single Family for Sale

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M8V)

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Full Cost Breakdown