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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 73 daysPrice drop · $20,000 off (-5.0%)

    Unit 1609 — 3 Marine Parade Drive

    Mimico·Toronto, ON·M8V 3Z5·Near Parklawn & Lakeshore

    • 1 bed
    Toronto real estate›W13052384
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Welcome to Hearthstone by the Bay - where independent living meets meaningful support. Enjoy the best of both worlds - the advantage of ownership (at a fabulous price) and the comfort of thoughtfully designed retirement and assisted living services. This charming East facing 1 bedroom + den suite with a functional floor plan is bright and inviting. Life is easier with new motorized blinds in the living room and sunroom. The kitchen delivers both style and function with updated stainless steel appliances, including a newer built-in microwave and fan. Large bedroom with ample closet space. Scenic views of the lake, city skyline/ CN Tower and Humber River Bay Park. The required Basic Service Package provides exceptional value and peace of mind, including a 24-hour nurse on duty, housekeeping, dining credits at the incredible Hearthstone Lakeview Dining Room, fitness & wellness programs/classes, social activities, convenient shuttle to local amenities, and much more. Additional services can be tailored à la carte to suit your needs. Feel instantly at home in a community that is welcoming and secure. Basic Service Package: $1,990.85/month + HST. Additional occupant: $274.34/month + HST

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jul 9, 2026Price reducedCurrentReduced$379,900−$20,000 (5.0%)W13052384This page
    Apr 28, 2026ListedCurrentFor sale$399,900 —W13052384This page
    Nov 11, 2024SoldSold$409,000 unchangedC9507595View
    Oct 22, 2024Previously listedSld$409,000 —C9507595View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      2
      Heating
      Forced Air
      Air conditioning
      Central Air
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 Unit 1609 — 3 Marine Parade Drive
    What's nearby

    Points of interest classified by the MLS® feed.

    • Hospital
    • Lake/Pond
    • Public Transit
    • Park
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $1,866
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $141
    0.44% mill rate · ON
    The market

    How this home sits in the Toronto market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Toronto market right now

    Average sold price, days on market, and closed-transaction count for Toronto — sourced from MLS®.

    • Avg sold price
      $1,097,635
      Last 30 days
    • Median sold price
      $861,946
      Middle of the market
    • Days on market
      29 d
      Avg from list to close
    • Closed last 30d
      7,004
      MLS® transactions
    Full Toronto market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 1609 — 3 Marine Parade Drive — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit 1609 — 3 Marine Parade Drive and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is Unit 1609 — 3 Marine Parade Drive listed for?

      Unit 1609 — 3 Marine Parade Drive is listed at $379,900 on the MLS® (listing W13052384). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 1609 — 3 Marine Parade Drive have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 1 bath
  2. 700-799 sqft
  3. Condo Apartment
  4. Asking
    $379,900
    $1 / sqft · MLS® W13052384
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $669,557
    $615,993Confidence range$723,122
    Asking vs estimate
    ↓below
    −$289,657
    (-43.3%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 1 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Toronto sell in about 29 days — this one has been listed 73 days.

    Avg sold price
    $1,097,635
    Median sold
    $861,946
    Avg days on market
    29
    Recently sold
    7004
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    Welcome to Hearthstone by the Bay - where independent living meets meaningful support.
  6. The kitchen delivers both style and function with updated stainless steel appliances, including a newer built-in microwave and fan.
  7. Large bedroom with ample closet space.
  8. Scenic views of the lake, city skyline/ CN Tower and Humber River Bay Park.
  9. Ask Zara a follow-up

    Parking & garage

    4
    Garage
    Underground
    Garage spaces
    1
    Parking spaces
    1
    Driveway
    1
  10. Interior

    5
    Basement
    None
    Family room
    N
    Kitchens
    1
    Total rooms
    5
    Laundry level
    Main Level
  11. Exterior & construction

    3
    Exterior
    Concrete
    Patio
    Juliette
    Balcony
    Juliette
  12. Listing & possession

    4
    Possession
    2026-07-31T00:00:00.000-00:00
    Occupancy
    TBD
    Property style
    Apartment
    Property class
    Condo Apartment
  13. Room-by-room · 6 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Flat level

    6 rooms
    • Dining Room
      laminate · combined w/living · large window
      10.0 × 17.0 ft
    • Den
      laminate · b/i closet
      6.9 × 6.0 ft
    • Sunroom
      laminate · large window
      9.0 × 6.0 ft
    • Bedroom
      laminate · large closet
      10.0 × 12.0 ft
    • Kitchen
      tile floor · stainless steel appl · breakfast bar
      6.0 × 9.0 ft
    • Living Room
      laminate · combined w/dining · juliette balcony
      10.0 × 17.0 ft

    Condo corporation & monthly fees

    Maintenance fee, what's included, locker, exposure, amenities, and condo corp details.

    Monthly maintenance
    Condo corp fees
    $784
    per month
    Maintenance fee includes
    • Water
    • Parking
    Building details
    • Unit9
    • Storeys (building)13
    • ExposureEast
    • LockerOwned
    • Pet policyYes-with Restrictions
    • Ensuite laundryY
    • Condo corpTSCC
    • Corp #2078
    • Property managerFirst Service Residential
    Building amenities
    • Exercise Room
    • Indoor Pool
    • Party Room/Meeting Room
    • Recreation Room
    • Visitor Parking
    • Media Room
    Combined estimate
    $2,007
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $1,866
    /mo
    based on the purchase price of $379,900
    $75,980 cash
    $303,920 financed
    $255,980 total interest
    Monthly payment$1,866/ month
    Principal54%$303,920
    Interest46%$255,980

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax and condo fees.

    Comparable condo apartments that just sold in Toronto

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 2470 Eglinton Avenue
      Sold
      Sign in for price
      2470 Eglinton Avenue
      Condo Apartment
    • 95 Mcmahon Drive
      Sold
      Sign in for price
      95 Mcmahon Drive
      Condo Apartment
    • 25 Greenview Avenue
      Sold
      Sign in for price
      25 Greenview Avenue
      Condo Apartment
    • 8 Cumberland Street
      Sold
      Sign in for price
      8 Cumberland Street
      Condo Apartment
    • 116 George Street
      Sold
      Sign in for price
      116 George Street
      Condo Apartment
    • 692 St. Clarens Avenue
      Sold
      Sign in for price
      692 St. Clarens Avenue
      Condo Apartment
    AddressBd / BaSqftSold$/sqft% of askSold
    Unit 1609 — 3 Marine Parade DriveThis home1 / 1700,799$379,900ask$1——
    2470 Eglinton Avenue2 / 2900—
    95 Mcmahon Drive1 / 1500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More condo apartments in Toronto

    Active listings within ±20% of this asking price.

    • 400 Mclevin Avenue
      $429,900
      400 Mclevin Avenue
      Condo Apartment 2 2
    • 4 Elsinore Path
      $329,990
      4 Elsinore Path
      Condo Apartment 1 1
    • 15 Maplewood Avenue
      $350,000
      15 Maplewood Avenue
      Condo Apartment 1 1
    • 3559 Eglinton Avenue
      $449,000
      3559 Eglinton Avenue
      Condo Apartment 2 1
    • 11 Brunel Court
      $448,000
      11 Brunel Court
      Condo Apartment 1 1
    • 555 Wilson Heights Boulevard
      $439,000
      555 Wilson Heights Boulevard
      Condo Apartment 2 2
  14. AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  15. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  16. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  17. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  18. Public listing courtesy of ROYAL LEPAGE SIGNATURE REALTY · displayed on Summitly per MLS® data-share rules

    Unit 1609 — 3 Marine Parade Drive is a 1-bedroom, 1-bath, 700-799 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  19. When was Unit 1609 — 3 Marine Parade Drive built?

    The year built for Unit 1609 — 3 Marine Parade Drive isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  20. What is the property tax for Unit 1609 — 3 Marine Parade Drive?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 1609 — 3 Marine Parade Drive plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  21. How much would the monthly mortgage be on Unit 1609 — 3 Marine Parade Drive?

    The affordability calculator on this page shows an estimated monthly mortgage for $379,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  22. Has Unit 1609 — 3 Marine Parade Drive been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 1609 — 3 Marine Parade Drive with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  23. What neighbourhood is Unit 1609 — 3 Marine Parade Drive in?

    Unit 1609 — 3 Marine Parade Drive is in Mimico, Toronto. The 'Neighbourhood' section below links to the live Toronto real estate hub with average sold price, days on market, and current inventory.

  24. Is Toronto a good place to live?

    Toronto is one of ON's actively-tracked Summitly markets. The full Toronto real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  25. 25 Greenview Avenue
    2 / 2
    800
    —
    8 Cumberland Street2 / 2700—
    116 George Street2 / 21,400—
    692 St. Clarens Avenue2 / 21,400—