58 Marine Parade Dr #512, Toronto

Name: 58 Marine Parade Drive, Unit 512
SKU: W14113080
Price: 1598800 CAD
Availability: InStock

2 Bed, 2 Bath Condo in Toronto

Unit 512 at 58 Marine Parade Drive

Rarely does a residence redefine lakeside living, this exceptional 2+1 bedroom suite does exactly that! The pièce de résistance is a spectacular 2,400 square foot private outdoor terrace, an extraordinary expanse of open air living that is virtually unheard of in condominium ownership! From this remarkable vantage point, take in unobstructed panoramic views of Lake Ontario stretching to the horizon, with the downtown skyline shimmering in the distance; sunrise coffees, golden hour cocktails and evenings beneath the stars all become part of your daily ritual. This is outdoor living on a scale normally reserved for a detached estate! There is room to dine under the open sky, lounge in the sun, gather with friends and family, or simply retreat to your own private garden in the clouds. Few properties anywhere offer this much usable outdoor space, and fewer still pair it with views this breathtaking.Inside, the spacious and thoughtfully designed interior offers generous principal rooms, walls of windows, abundant natural light and a seamless flow between indoor comfort and outdoor grandeur. The open concept living and dining areas are perfectly suited to both relaxed everyday living and elegant entertaining on a grand scale, while the kitchen anchors the home for casual mornings and celebrations alike. Two full bedrooms plus a versatile den provide flexibility for guests, a dedicated home office or a quiet reading retreat, and the primary suite offers a serene escape at the end of the day. Set within one of the most prestigious buildings on Lakeshore West, this is waterfront living at its finest! Steps to the lake, scenic waterfront trails, lush parks, marinas, cafes, dining and transit, with an easy commute to downtown. Two parking spots and a locker add a level of everyday convenience rarely found in one offering. This is truly one of a kind, a private resort in the sky where luxury meets lifestyle. A rare offering that simply must be seen to be believed!

2 bedrooms, 2 bathrooms, about 1,200 sq ft, works out to roughly $1,332 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 58 Marine Parade Dr #512

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 1200-1399 sq ftas stated on the listing
Parking: 2 spacesYes garage
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 2

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

58 Marine Parade Dr #512 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Oct 23, 2026For saleListedThis listingMLS® W14113080$1,598,800

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 58 Marine Parade Dr #512 Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 15,688 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $842,000
Average sold price: $1,080,877
Average days on market: 32
Homes sold: 9,226

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$842,000Last 90 days
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5138.8%On average, homes sold at or above asking.
Active listings12,706Homes for sale here right now.
Median vs prior 90 days+0.8%Compared with Apr 26 – Jul 25, 2026: prices up.

Based on 9,226 sales from Jul 25 – Oct 23, 2026 (6,811 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 512 — 58 Marine Parade Drive 2 bd · 2 ba · 1,200 sqft	$1,598,800asking	$1,332	—	—
32 Trolley Crescent 2 bd · 2 ba · 700 sqft
7 Lorraine Drive 2 bd · 2 ba · 800 sqft
27 Rean Drive 1 bd · 1 ba · 500 sqft
60 Bathurst Street 1 bd · 1 ba · 700 sqft
88 Sheppard Avenue 1 bd · 1 ba · 500 sqft
21 Overlea Boulevard 2 bd · 2 ba · 900 sqft

32 Trolley Crescent
2 bd · 2 ba · 700 sqft
7 Lorraine Drive
2 bd · 2 ba · 800 sqft
27 Rean Drive
1 bd · 1 ba · 500 sqft
60 Bathurst Street
1 bd · 1 ba · 700 sqft
88 Sheppard Avenue
1 bd · 1 ba · 500 sqft
21 Overlea Boulevard
2 bd · 2 ba · 900 sqft

More in this building

2 for sale · 3 for rent at 58 Marine Parade Dr — plus its sale and lease history.

See all of 58 Marine Parade Dr

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Mimico GO StationLakeshore West GO2.0 km25 min walk
Jane StationLine 22.6 km
Runnymede StationLine 22.7 km

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Mimico GO Station (Lakeshore West GO)25 min walk
Jane Station (Line 2)2.6 km
Runnymede Station (Line 2)2.7 km

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Mimico GO Station
2.0 km25 minClosest· Lakeshore West GO
Homes near Mimico GO Station
Jane Station
2.6 km· Line 2
Homes near Jane Station
Runnymede Station
2.7 km· Line 2
Homes near Runnymede Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 58 Marine Parade Dr #512. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 58 Marine Parade Dr #512

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $7,854; 20% down · 25 years · 5.5% assumed
Property tax: $879; 0.66% mill rate · ON
Total per month: $8,733; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$7,854

/mo

based on the purchase price of $1,598,800

Down payment20%

$319,760 cash

Amortization25 yr

$1,279,040 financed

Rate5.50%

$1,077,287 total interest

Principal54%$1,279,040

Interest46%$1,077,287

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.

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Questions About 58 Marine Parade Dr #512

How much is 58 Marine Parade Dr #512 listed for?

58 Marine Parade Dr #512 is listed at $1,598,800 (MLS® W14113080). Summitly updates the price as soon as the MLS® record changes.

Is $1,598,800 a good price for 58 Marine Parade Dr #512?

Summitly rates it Well Above Market: the asking price is 15% or more above 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 58 Marine Parade Dr #512 changed?

No — 58 Marine Parade Dr #512 is still listed at its original asking price of $1,598,800.

How many bedrooms and bathrooms does 58 Marine Parade Dr #512 have?

58 Marine Parade Dr #512 has 2 bedrooms and 2 bathrooms, with about 1,200–1,399 square feet of living space. It is a condo in Toronto.

Is 58 Marine Parade Dr #512 close to transit?

The nearest rapid-transit station is Mimico GO Station (Lakeshore West GO), about 2.0 km (about a 25-minute walk) in a straight line. Jane Station is about 2.6 km, and Runnymede Station is about 2.7 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 58 Marine Parade Dr #512?

About $7,854 a month — principal and interest on $1,598,800 with 20% down ($319,760), 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 58 Marine Parade Dr #512 compare with other homes in Toronto?

Its asking price of $1,598,800 is about 90% above the median sold price in Toronto over the last 90 days, $842,000, across 9,226 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 58 Marine Parade Dr #512 been sold before?

Summitly has no earlier MLS® sale or lease of 58 Marine Parade Dr #512 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 58 Marine Parade Dr #512?

58 Marine Parade Dr #512 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 58 Marine Parade Dr #512 been on the market?

58 Marine Parade Dr #512 was listed today (October 23, 2026).

What is the price per square foot of 58 Marine Parade Dr #512?

About $1,143 to $1,332 per square foot: the asking price of $1,598,800 over the 1,200–1,399 sq ft the listing gives as its size range.

Does 58 Marine Parade Dr #512 have parking or a garage?

Yes — the listing gives 2 parking spaces. Garage: Yes.

What you should know