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New5 days ago

1103 - 58 Marine Parade Drive

Mimico, Toronto

$1,479,900

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

Luxury Monarch Waterfront Building with a truly breathtaking, unobstructed panoramic view of Lake Ontario and the iconicToronto downtown skyline. This exceptional waterfront residence offers a rare opportunity to enjoy stunning vistas from thecomfort of your home,9 Fceiling with floor-to-ceiling windows in the living room creating a bright, elegant, and open atmospherefilled with natural light. Featuring three walkouts to the balcony, you can step outside and enjoy spectacular sunrises, sparklinglake views, and the vibrant city skyline.The spacious open-concept living and dining area seamlessly blends with a modern kitchen featuring a granite island,contemporary finishes, and ample space for entertaining. Beautiful hardwood floors throughout enhance the sophisticated designand move-in-ready appeal. Enjoy world-class resort-style amenities, including 24-hour concierge service, and the convenience ofbeing minutes from downtown Toronto, waterfront trails, parks, restaurants, shopping, and entertainment.A rare combination of luxury, comfort, and an unbeatable waterfront location - this is Toronto living at its finest.

Extras

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1400-1599 sq. ft.
Maintenance Fees$1,916
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces2
Parking FeaturesUnderground
Property Tax$6,877
mls© NumberW13622958
Listed ByROYAL LEPAGE SIGNATURE REALTY
Heat Included
Common Elements Included
Building Insurance Included
Water Included
Parking Included
CAC Included

Listing History

  • No recent sale history for this listing.
  • 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%
$7,575
Property tax
$573
Heat allowance
$150
Condo fees, half counted
$958
Housing costs
$9,256 / mo

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

Down payment20% · $295,980
25-yr amortization

Income needed

$285,000

gross annual household income

Payment at 4%
$6,228 / mo
Cash down
$295,980

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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