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New4 days ago

430 - 80 Marine Parade Drive

Mimico, Toronto

$570,000

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

Discover lakeside living in this luxurious condo, well maintained one-bedroom, one-bath condominium located in the heart of Mimico. This bright and spacious suite features floor-to-ceiling windows and a generous L-shaped balcony with breathtaking views of the lake.Enjoy the tranquility of waterfront living with direct access to the shoreline and the scenic Waterfront Trail, perfect for walking, jogging, or cycling. Residents have access to premium building amenities, including an indoor swimming pool, and rooftop terrace. One underground parking space and one locker are included.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleMulti-Level
Approx. Age11-15
Size500-599 sq. ft.
Maintenance Fees$64,232
LockerOwned
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,716
mls© NumberW13626640
Listed ByROYAL LEPAGE SIGNATURE REALTY
Heat Included
Water 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%
$2,918
Property tax
$226
Heat allowance
$150
Condo fees, half counted
$32,116
Housing costs
$35,410 / mo

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

Down payment20% · $114,000
25-yr amortization

Income needed

$1,090,000

gross annual household income

Payment at 4%
$2,399 / mo
Cash down
$114,000

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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