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2101 - 3 Marine Parade Drive
Mimico, Toronto
$700,000
Experience the finest in luxury retirement living at Hearthstone by the Bay. This exceptional penthouse-level 2-bedroom, 2-bathroom suite offers beautiful lake views and an abundance of natural light through expansive windows, creating a bright, warm, and welcoming living space.Thoughtfully designed for comfort and ease, this spacious suite is complemented by an unparalleled lifestyle in one of Etobicoke's premier retirement communities. The mandatory Hearthstone Club Package provides residents with an exceptional collection of services and amenities, including a full-service restaurant with private dining room, licensed pub and lounge, movie theatre, hair salon, billiards area, outdoor terrace, fitness and wellness programs, scheduled shuttle service, and the reassurance of 24-hour on-site nursing support.Perfectly situated in a sought-after waterfront neighbourhood, you'll enjoy easy access to walking trails, parks, shopping, restaurants, transit, and major highways. Mandatory Club Fee of $1,990.85 + HST/month, which includes a wide variety of services and amenities. 4 Hours of Housekeeping, Meal Credit in the Restaurant ($298.40/month), Access to Nurse on Duty 24 Hours/Day, Fitness Classes, Full Range of Activities & Shuttle Bus Use! Extra Service Available As Well for Your Comfort and Care Years Ahead. An additional fee of $274.34 + HST/month applies for a second occupant.
No extras listed.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 6-10 |
| Size | 1000-1199 sq. ft. |
| Maintenance Fees | $1,075 |
| Locker | Owned |
| Balcony | Terrace |
| Exposure | South East |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $3,529 |
| mls© Number | W13634732 |
| Listed By | Royal Lepage Real Estate Associates, Larose Team |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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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
- $294
- Heat allowance
- $150
- Condo fees, half counted
- $538
- Housing costs
- $4,565 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$140,000
gross annual household income
- Payment at 4%
- $2,946 / mo
- Cash down
- $140,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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