| Water Included | |
| CAC Included | |
| Common Elements Included | |
| Building Insurance Included |


























1607 - 3 Marine Parade Drive
Mimico, Toronto
$309,000
Retirement Living at Hearthstone by the Bay! This bright and inviting one-bedroom retirement condo has just been renovated with a beautiful, fresh and updated kitchen, adding a modern touch to this comfortable and thoughtfully designed suite.The suite features beautiful hardwood floors, a spacious bedroom, full bathroom with walk in shower, convenient in-suite laundry, and a bright, airy layout designed for both comfort and privacy. Hearthstone by the Bay is a vibrant retirement community offering the best of both worlds - the independence and security of owning your own condo, combined with the services, amenities and social lifestyle of a premier retirement community. The mandatory monthly service package includes 4 hours of housekeeping, a $298.40 monthly meal credit, 24-hour nurse access, fitness classes, daily activities, shuttle service and more. Personal care services are also available, including care up to 24/7 as needed. Enjoy an exceptional selection of amenities including a dining room with fabulous meals, a pub, billiards area, library, movie theatre, fitness centre with therapeutic pool, outdoor terrace and more! Mandatory Club Fee: $1,990.85 + HST/month for one occupant. Additional occupant: $274.34 + HST/month. See Schedule C for a full list of what is included!
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $670 |
| Locker | Owned |
| Balcony | Open |
| Exposure | North |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $1,595 |
| mls© Number | W13722020 |
| 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%
- $1,582
- Property tax
- $133
- Heat allowance
- $150
- Condo fees, half counted
- $335
- Housing costs
- $2,200 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$68,000
gross annual household income
- Payment at 4%
- $1,300 / mo
- Cash down
- $61,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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