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New2 hours ago

221 - 5 Marine Parade Drive

Mimico, Toronto

$589,000

Condo Apartment |
1 + 1 | 2 | 1 | 1
About this home

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...

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$842
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,793
mls© NumberW14088932
Listed ByROYAL LEPAGE REAL ESTATE SERVICES LTD.
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Parking Included
Building Insurance Included

Listing History

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  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,015
Property tax
$233
Heat allowance
$150
Condo fees, half counted
$421
Housing costs
$3,819 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $117,800
25-yr amortization

Income needed

$117,000

gross annual household income

Payment at 4%
$2,479 / mo
Cash down
$117,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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