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New54 minutes ago

1013 - 5 Marine Parade Drive

Mimico, Toronto

$573,500

Condo Apartment |
1 | 1 | 1 | 1
About this home

Stunning one-bedroom condo in Grenadier Landing! This southeast-facing unit is bathed in natural light, offering spectacular morning sunrises and breathtaking, unobstructed lake views. The open living/dining area leads to your private balcony, while the kitchen features stainless steel appliances and a granite breakfast bar. Enjoy ultimate convenience with an included parking space, locker, and all utilities covered in the maintenance fees. Located just steps from the TTC, grocery stores, and the scenic Martin Goodman Trail along the waterfront-this is lakeside living at its finest!

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$713
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,009
mls© NumberW13738460
Listed BySOTHEBY'S INTERNATIONAL REALTY CANADA
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

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%
$2,935
Property tax
$251
Heat allowance
$150
Condo fees, half counted
$356
Housing costs
$3,693 / mo

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

Down payment20% · $114,700
25-yr amortization

Income needed

$114,000

gross annual household income

Payment at 4%
$2,413 / mo
Cash down
$114,700

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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