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New3 hours ago

5 Marine Parade Drive

Mimico, Toronto

$2,500,000

Condo Townhouse |
3 | 5 | 2
About this home

Simply Unmatched Where Nature Meets The City. Luxury Living At Its Finest. This Rare sophisticated Fully Renovated Three-Story Waterfront Townhouse Perfectly Balances Modern Elegance With A Serene Lakeside Lifestyle. Spectacular Unobstructed Waterfront Views, Boasting Over 2,700 Square Feet Of Seamless Indoor/Outdoor Living Space, This Home Is Designed For Both Grand Entertaining & Private Relaxation. Gourmet Chef's Kitchen With W/I Pantry, Direct In-Suite Entry To Private Underground Double-Car Garage With Ample Storage Plus Utility Rm. Walkable Paradise: Steps Away From Humber Bay Shore's Finest Lakeside restaurants, Vibrant Cafes, Effortless Transit & Highway Connectivity Simply A Commuter's Dream. Doorstep TrailAccess: Immediate Connection To The Martin Goodman Trail And The Humber Bay Parks Trails Network, Offering Miles Of Paved Paths For Running, Biking, And Leisurely Strolls Right Along The Water. Surrounded by Lush Beautiful Green Space & Parks This Is Truly Front Row Living In One Of The GTA Most Popular Neighborhoods.

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Got questions?

Contact Macallum directly.

agent
Macallum Tepsich
(647) 326-2579
TypeCondo Townhouse
Style3-Storey
Approx. AgeNot available
Size2250-2499 sq. ft.
Maintenance Fees$2,063
LockerOwned
BalconyTerrace
ExposureSouth East
Parking TypeBuilt-In
Parking Spaces2
Parking FeaturesPrivate
Property Tax$7,903
Lot Size x
mls© NumberW14155000
Listed ByORION REALTY CORPORATION

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$12,796
Property tax
$659
Heat allowance
$150
Condo fees, half counted
$1,031
Housing costs
$14,636 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $500,000
25-yr amortization

Income needed

$450,000

gross annual household income

Payment at 4%
$10,520 / mo
Cash down
$500,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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