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            #211 5 Marine Parade Drive

            near Marine Parade And Lakeshore
            $599,900 1+1bdr • 1ba • 1kit • 800-899sf
            Average Income
            $76,823
            Population Age
            45 y/old
            School Score
            7.30/10
            Price Index Change 1y
            +11.88%
            Price Index Change 3y
            +43.40%
            Rent Index Change 1y
            +4.39%
            Rent Index Change 3y
            +26.63%

            Condo Apt • Apartment #211 • 2 Level

            #211 5 Marine Parade Drive, Mimico, Toronto
            • Rooms and Bathrooms 1+1 bedr, 1 bath
            • Kitchens 1
            • area 800-899
            • garage 1.0 Undergrnd
            • exposure Nw
            • age 16-30
            • locker Owned
            • possession

              Asap

            $599,900

            $2,246.94
            Tax yr: 2019

            $626.27/m

            CALCULATED NUMBERS:

            $2251.00

            calculator

            $2367

            3

            37 Car-Dependent

            74 Excellent Transit

            83 Very Bikeable

            7.30/10

            Property Location Details
            • Toronto

            • Toronto

            • Mimico

            • Marine Parade And Lakeshore

            • M8V4B4

            • Residential

            Listing Details Provided By
            Property Details Provided By Toronto Real Estate Board
            Listing Brokerage

            RE/MAX REALTY SPECIALISTS INC., BROKERAGE

            Property Overview
            Stunning 1 Bdrm + Den 807 Sq Ft Unit In A Quiet Corner With No Neighbours On Either Sides Or Below. This Unit Has Been Freshly Painted Throughout With New Laminate Floors, New Light Fixtures, 9 Ft Ceilings, Gas Fireplace. Upgraded Kitchen W New Quartz Counters, Glass Tile Backsplash & White Cabinetry. Living/Dining Rm With Cozy Fireplace & W/O Balcony. Lg Den Can Be 2nd Bdrm. Steps To Lake On, Waterfront Trails, Mins To Downtown. Easy Access To Hwy & Ttc
            Extras: Fridge, Stove, Dishwasher, Over The Range Microwave, Washer And Dryer, All Elfs, All Window Coverings, Storage Locker & 1 Parking Spot
            Video tour available. Click to watch.
            Property Features
            • Grnbelt/Cons
            • Lake Access
            • Public Transit
            • Concrete
            • Stucco/Plaster
            • Bbqs Allowed
            • Concierge
            • Gym
            • Rooftop Deck/Garden
            • Security Guard
            • Common Elements Included
            • Ensuite Laundry
            • Fireplace/Stove
            • Hydro Included
            • Building Insurance Included
            • Parking Included
            • Water Included
            • CAC Included
            • Condo Taxes Included
            • Heat Included
            • Seller Property Info Statement
            • Family Room
            • Cable TV Included
            Rooms details
            Living
            • Main Level
            • Laminate
            • W/O To Balcony
            • Combined W/Dining
            • Size 2.53x4.54
            Dining
            • Main Level
            • Laminate
            • Combined W/Living
            • Open Concept
            • Size 2.56x2.62
            Kitchen
            • Main Level
            • Stainless Steel Appl
            • Backsplash
            • Breakfast Bar
            • Size 2.62x2.99
            Master
            • Main Level
            • Laminate
            • Closet
            • Large Window
            • Size 3.13x3.38
            Den
            • Main Level
            • Laminate
            • Size 2.76x3.41
            Basement
            • None
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            • Listing added to site: 2020-03-26 19:56:19
            • Last updated: 2020-03-27 10:09:23
            • Photos updated: 2020-03-27
            • Contract date: 2020-03-26
            • Input date: 2020-03-26
            • Expiry date: 2020-07-31
            • Closed date: 0000-00-00
            • Condition expiry date: 0000-00-00
            • Extension entry date: 0000-00-00
            • Sold date: 0000-00-00
            • Suspended date: 0000-00-00
            • Terminated date: 0000-00-00
            • Unavailable date: 0000-00-00
            • Condition:
            Have questions?

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            Travel Times, Streetview, Walkscore
            Listing Overview

            General:

            211 5 Marine Parade Drive is a condo apt apartment, located in Mimico of city of Toronto, Toronto region, near Marine Parade And Lakeshore, and has been available for sale on ITRealty since 2020-03-26. This unit is located at level 2 of the building and has North-West exposure of Marine Parade Dr. Condo registry office is TSCC, corporation number 1507.

            Lot Size and Living Area:

            211 5 Marine Parade Drive has 5+0 rooms in total, including 1+1 bedroms, 1 baths and 1 kitchen. Please find this condo rooms details on this page above.
            Living area of this condo unit is within the range of 800-899 square feet. 5 Marine Parade Drive building was built appriximately 16-30 years ago.
            1.0 parking space(s) are owned and located private at level B47 . The locker is owned. This condo has an ensuite laundry. The Zoning is described as residential, but we suggest you to confirm it with your realtor.

            Heating and Cooling:

            The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

            Listing Features:

            This condo is featuring Grnbelt/Cons, Lake Access, Public Transit at, or near the property.
            AIDA has also identified the following listing features: Waterfront/Near a Lake, AIDA Recommended.

            Price & Cost Overview

            General:

            211 5 Marine Parade Drive condo apt is listed for $599,900. Property tax for year 2019 was $2,247. And the monthly maintenance fee was $626.

            Comparative Market Analysis:

            There are similar 1+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $610,435.
            Visit a customized Comparative Market Analysis page for more details.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $2,251, and total expenses, including the mortgage, property tax and maintenance, fee around $2,490, assuming $599,900 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 211 5 Marine Parade Drive, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $3,000 if you buy this condo apt with ITRealty.
            Check if you qualify.

            Location Overview

            General:

            Mimico, where 5 Marine Parade Drive is located, has $724,874 Home Price Index, and $2,473 Home Rent Index. Average household income at dissemination area of 5 Marine Parade Drive is $76,823, and average polulation age is 45 years old.
            Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $988,710, and average Home Rent Index $2,642.

            Similar Properties & Community Details:

            There are similar to 211 5 Marine Parade Drive 1 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
            Learn about the prices of Recently Sold Condos and Recently Rented Condos near 5 Marine Parade Drive.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Mimico neighborhood in city of Toronto.

            Schools:

            There are at least 2 school(s) located near 5 Marine Parade Drive, or schools, which boundaries this address belongs to with an average School Score 7.30 out of 10. Here are more details about these schools:
            1. Étienne Brûlé Junior School (Grades JK-05), Public, Elementary, ranked as Excellent.
            2. Lakeshore Collegiate Institute (Grades 09-12), Public, Secondary, ranked as Good.
            ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 37, 74, and 83 accordingly, location of 5 Marine Parade Drive overall can be described as Car-Dependent, Excellent Transit, and Very Bikeable.

            211 5 Marine Parade Drive Listings History Powered By AIDA
            Mimico, Toronto Sales & Rent History Powered by AIDA
            Disclaimer

            All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

            City of Toronto Condos MOI (Months of Inventory)
            Last month sales statistics:
            It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (37 days).
            Sellers are not likely to negotiate the price, but it is easier to sell your own property.
            Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
            How often similar homes sell?
            You may expect 43 to 52 properties like that to be sold in Mimico during the next 30 days.
            Seasonal sales fluctuation is showing -20% inventory decline comparing to the average annual number, which is equvalent to 59.25 properties sold per month, and -4% decline comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 10 days, which is 1 days less than the recent sales average, and can be sold at any time if the price is right, or negotiable by the seller.
            Seasonal sales fluctuation is showing -48% D.O.M. decrease comparing to the average annual number, which is equvalent to 21 D.O.M., and -42% decrease comparing to the last six months indicating significantly growing demand for this type of properties within this price range.
            At what price it can be sold?
            Similar properties currently sell at 3.49% above its asking price in Mimico.
            The selling to asking price ratio is growing in Mimico.
            This property has been on the market for less than average number of days it takes a home to sell in Mimico (10.9) .
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS W4732481 Comparative Market Analysis
            211 5 Marine Parade Drive Investor's Outlook Powered by AIDA

            Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Mimico, Toronto, to the City of Toronto for the projects listed on our site.

            Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

            Price Index 1y

            Price Index change was +11.88% comparig to the City of Toronto average of +6.095%

            Price Index 3y

            Price Index change was +43.40% comparig to the City of Toronto average of +6.99%

            Rent Index 1y

            Rent Index change was +4.39% comparig to the City of Toronto average of +2.42%

            Rent Index 3y

            Rent Index change was +43.40% comparig to the City of Toronto average of +6.99%

            Walkscore

            Walkscore 37 out of 100 means Car-Dependent

            Transitscore

            Transitscore 74 out of 100 means Excellent Transit

            Bikescore

            No sufficient data available

            Schoolscore

            Schoolscore is 7.30 out of maximum 10 points

            Mortgage & Payments

            Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

            Mortgage & Payments Calculator
            Property Financing Details
            Land Transfer Tax & Closing Expenses
            Downpayment Details
            Use in monthly payment calculation:
            Mortgage & Financing Details

            Assuming Fixed Rate, Monthly Payments

            (Mortg interest rate. Ex: 3.0)

            (Mortgage duration Ex: 25)

            (Borrowing rate Ex: 3.5)

            Save mortgage settings to your profile for automated mortgage calculation on all listings. Account login required.

            Mortgage & Payments Summary

            Schools and Ratings

            ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

            Demographics & Housing Statistics

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            $3,000 Cashback
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            $3,000 Cashback
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