Experience the finest in luxury retirement living at Hearthstone by the Bay. This exceptional penthouse-level 2-bedroom, 2-bathroom suite offers beautiful lake views and an abundance of natural light through expansive windows, creating a bright, warm, and welcoming living space.Thoughtfully designed for comfort and ease, this spacious suite is complemented by an unparalleled lifestyle in one of Etobicoke's premier retirement communities. The mandatory Hearthstone Club Package provides residents with an exceptional collection of services and amenities, including a full-service restaurant with private dining room, licensed pub and lounge, movie theatre, hair salon, billiards area, outdoor terrace, fitness and wellness programs, scheduled shuttle service, and the reassurance of 24-hour on-site nursing support.Perfectly situated in a sought-after waterfront neighbourhood, you'll enjoy easy access to walking trails, parks, shopping, restaurants, transit, and major highways. Mandatory Club Fee of $1,990.85 + HST/month, which includes a wide variety of services and amenities. 4 Hours of Housekeeping, Meal Credit in the Restaurant ($298.40/month), Access to Nurse on Duty 24 Hours/Day, Fitness Classes, Full Range of Activities & Shuttle Bus Use! Extra Service Available As Well for Your Comfort and Care Years Ahead. An additional fee of $274.34 + HST/month applies for a second occupant.
2 bedrooms, 2 bathrooms, about 1,000 sq ft, works out to roughly $700 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 3 Marine Parade Dr #2101
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
1000-1199 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
3 Marine Parade Dr #2101 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W14174848$700,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 3 Marine Parade Dr #2101 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,439
/mo
based on the purchase price of $700,000
$140,000 cash
$560,000 financed
$471,667 total interest
Principal54%$560,000
Interest46%$471,667
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $700K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5171.1%On average, homes sold at or above asking.
Active listings13,923Homes for sale here right now.
Median vs prior 90 days−0.6%Compared with May 16 – Aug 14, 2026: prices down.
Based on 9,167 sales from Aug 14 – Nov 12, 2026 (7,215 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
1 for sale at 3 Marine Parade Dr — plus its sale and lease history.
3 Marine Parade Dr #2101 is listed at $700,000 (MLS® W14174848). Summitly updates the price as soon as the MLS® record changes.
Is $700,000 a good price for 3 Marine Parade Dr #2101?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 3 Marine Parade Dr #2101 changed?
No — 3 Marine Parade Dr #2101 is still listed at its original asking price of $700,000.
How many bedrooms and bathrooms does 3 Marine Parade Dr #2101 have?
3 Marine Parade Dr #2101 has 2 bedrooms and 2 bathrooms, with about 1,000–1,199 square feet of living space. It is a condo in Toronto.
How much would the monthly mortgage be on 3 Marine Parade Dr #2101?
About $3,439 a month — principal and interest on $700,000 with 20% down ($140,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 3 Marine Parade Dr #2101 compare with other homes in Toronto?
Its asking price of $700,000 is about 17% below the median sold price in Toronto over the last 90 days, $840,000, across 9,167 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 3 Marine Parade Dr #2101 been sold before?
Summitly has no earlier MLS® sale or lease of 3 Marine Parade Dr #2101 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 3 Marine Parade Dr #2101?
3 Marine Parade Dr #2101 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 3 Marine Parade Dr #2101 been on the market?
3 Marine Parade Dr #2101 was listed today (November 12, 2026).
What is the price per square foot of 3 Marine Parade Dr #2101?
About $584 to $700 per square foot: the asking price of $700,000 over the 1,000–1,199 sq ft the listing gives as its size range.
Does 3 Marine Parade Dr #2101 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
Does 3 Marine Parade Dr #2101 have a basement, and is it finished?
The listing says 3 Marine Parade Dr #2101 has no basement.
