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| Parking Included | |
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221 - 5 Marine Parade Drive
Mimico, Toronto
$589,000
Welcome to Grenadier Landing! Offering a rare combination of space, comfort and waterfront convenience, this beautifully maintained 815 sq. ft. 1-bedroom plus den, 2- 4 pc bathrooms and 9' ceilings is notably larger than many comparable layouts, which are typically closer to 720 sq. ft. The additional square footage is reflected in the thoughtfully designed floor plan, including the uncommon benefit of a separate dining area, providing generous space for everyday living and entertaining. The spacious primary bedroom features ample closet space and a 4-piece ensuite, while the versatile den makes an ideal home office. A second full 4-piece bathroom adds convenience for guests. The modern galley kitchen offers stainless steel appliances and ample cabinetry, while the bright living areas open onto a southwest-facing balcony. Grenadier Landing is a well-managed building offering an impressive selection of amenities, including a 24-hour concierge, fitness centre, party and media rooms, billiards, table tennis, library, guest suites, landscaped courtyard with BBQ facilities and a 7th-floor outdoor terrace with lake views. Ideally situated steps from the waterfront, Humber Bay Shores Park, Martin Goodman Trail, neighbourhood cafés and restaurants, with TTC at your doorstep. Enjoy the perfect balance of lakeside living, urban convenience and exceptional recreational amenities in one of Toronto's desirable waterfront communities. **Includes Parking, Locker and Bike Storage.** Make this home for the holidays...
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 800-899 sq. ft. |
| Maintenance Fees | $842 |
| Locker | Owned |
| Balcony | Open |
| Exposure | South West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $2,793 |
| mls© Number | W14088932 |
| Listed By | ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,015
- Property tax
- $233
- Heat allowance
- $150
- Condo fees, half counted
- $421
- Housing costs
- $3,819 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$117,000
gross annual household income
- Payment at 4%
- $2,479 / mo
- Cash down
- $117,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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