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1111 - 5 Marine Parade Drive
Mimico, Toronto
$629,000
Experience elevated waterfront living with unobstructed southwest views of Lake Ontario and spectacular sunsets from this beautifully maintained one-bedroom-plus-den residence. Located in one of Humber Bay's most sought-after boutique mid-rise buildings, this sun-filled suite features expansive windows that capture breathtaking lake views from every room. The open-concept living and dining area is ideal for both relaxing and entertaining, complete with a cozy gas fireplace and a walkout to the private balcony. The kitchen offers a granite breakfast bar, ample cabinetry and a functional layout that flows seamlessly into the main living space. The spacious primary bedroom features beautiful lake views, balcony access and a four-piece ensuite bathroom. A separate den provides exceptional flexibility and can be used as a home office, guest room or second bedroom. A second bathroom, premium parking space and private locker add everyday comfort and convenience. Enjoy all-inclusive maintenance fees covering heat, electricity, and water. Building amenities include 24-hour security, exercise room, guest suites, a party room, library, visitor parking and EV charging. Step outside and experience the best of Humber Bay Shores, with waterfront trails, parks, cafés, restaurants, yacht club, patios, ice cream shops and the seasonal farmers' market all nearby. Easy Access to TTC, Major Highways, both airports and approximately 15 minutes to downtown Toronto. A rare opportunity to enjoy peaceful waterfront living, remarkable views and exceptional urban convenience all in one of Toronto's most desirable lakeside communities.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 700-799 sq. ft. |
| Maintenance Fees | $737 |
| Locker | Owned |
| Balcony | Open |
| Exposure | South West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $2,601 |
| mls© Number | W13706084 |
| Listed By | RIGHT AT HOME REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,220
- Property tax
- $217
- Heat allowance
- $150
- Condo fees, half counted
- $369
- Housing costs
- $3,955 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$122,000
gross annual household income
- Payment at 4%
- $2,647 / mo
- Cash down
- $125,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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