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New5 hours ago

330 - 58 MARINE PARADE Drive

Mimico, Toronto

$498,900

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

Experience the best of Toronto's waterfront lifestyle at 58 Marine Parade Drive. This beautifully refreshed 1-bedroom, 1-bathroom residence offers an exceptional combination of indoor comfort and outdoor living, highlighted by a rare 224 sq. ft. private terrace that dramatically expands your living space beyond the walls of the home. Inside, you'll find 603 sq. ft. of bright, functional living space feat a large bedrm with a w closet, soaring ceilings, brand-new flring, fresh paint throughout, and an open-concept design that feels both spacious and inviting. Lrg windows flood the unit with natural light, creating a warm and welcoming atmosphere from the moment you step inside. The terrace is truly the starof the show. Whether you're hosting friends for dinner, enjoying a quiet morning coffee, creating your own urban garden, or simply soaking up the fresh lakefront air, this outdoor oasis offers endless possibilities and a lifestyle rarely available in condominium living.Situated in one of Humber Bay Shores' most desirable waterfront communities, you'll enjoy being just steps from Lake Ontario, Trail, parks, marinas, and endless walking and cycling paths. The neighbourhood is known for its vibrant mix of cafes, restaurants, and local conveniences all within walking distance. Residents enjoy access to an impressive suite of amenities, including a 24-hour concierge, indoor pool, hot tub, saunas, fitness centre, theatre room, sports lounge, business centre, library, party room, guest suites, visitor parking, and car wash bay. With easy access to downtown Toronto, TTC, GO Transit, and the Gardiner Expressway, this location offers the perfect balance of urban accessibility and waterfront serenity. Whether you're purchasing your first home, seeking a stylish city retreat, or looking to downsize without compromise, this move-in-ready residence presents an opportunity to enjoy one of Toronto's most sought-after lakefront lifestyles.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size600-699 sq. ft.
Maintenance Fees$788
LockerOwned
BalconyTerrace
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,368
mls© NumberW13807108
Listed ByRE/MAX ESCARPMENT REALTY INC.
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.

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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%
$2,554
Property tax
$197
Heat allowance
$150
Condo fees, half counted
$394
Housing costs
$3,295 / mo

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

Down payment20% · $99,780
25-yr amortization

Income needed

$101,000

gross annual household income

Payment at 4%
$2,099 / mo
Cash down
$99,780

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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