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    Toronto / Etobicoke / Mimico

    1707 - 3 Marine Parade Dr

    For SaleHearthstone by the Bay Condos
    $385,000
    1 Bed
    1 Bath
    0 Parking
    645 SQFT
    3 Days on Strata
    Est Sell Timeframe
    15 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $591/mth
    Taxes:
    $1,459 (2024)
    Cost Per Sqft:
    $597/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North
    Possession Date:
    To Be Determined
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Carpet, Crown Moulding, Built-in Shelves
    13.78 x 10.5ft
    Dining
    Carpet, Crown Moulding, Combined with Living
    13.78 x 10.5ft
    Kitchen
    Tile Floor, Separate Room, Stainless Steel Appliances
    9.51 x 7.55ft

    About this Listing

    Step into a tastefully re-envisioned 1-bedroom condo at Hearthstone by the Bay RETIREMENT Condominium, where thoughtful design meets unparalleled comfort. This fully renovated condo offers modern elegance and functionality, perfect for those seeking both style and peace of mind in their retirement years. Experience the convenience of a comprehensive range of services designed for effortless living, including gourmet meals, housekeeping, nursing care, fitness programs, enriching activities, and shuttle bus services giving you everything you need all in one place. Start with the essential (mandatory) service package and easily expand to include additional care as your needs change. With its chic design, premium amenities, and a welcoming community, Hearthstone by the Bay is more than just a place to live it's a lifestyle. Enjoy an unmatched sense of security and comfort, with a location and environment that allow you to truly enjoy the best of retirement living. There's truly no other retirement building like this in the GTA- where luxurious living and comprehensive care go hand in hand. *Mandatory Service Package Extra

    ExtrasMandatory Club Fee: $1923.53 +Hst Per Month. Includes a Variety of Services. Amenities Incl: Movie Theatre, Hair Salon, Pub, Billiards Area, Outdoor Terrace. Note: $265.06+Hst Extra Per Month for Second Occupant.

    keller williams real estate associates, larose teamMLS® #W11944383

    Amenities

    Gym Room
    Lap Pool
    Party Room
    Security System
    Concierge
    Rec Room

    Explore Neighbourhood

    6/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    23,316
    Average Individual Income
    $64,286
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $109,977
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    19%
    50 - 64
    23%
    65+
    20%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    36%
    Semi Detached
    26%
    High Rise Apartment
    20%
    Low Rise Apartment
    11%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    58%
    Mandarin
    14%
    Other
    13%
    Cantonese
    10%
    Tagalog
    2%
    Spanish
    1%
    Korean
    1%
    Tamil
    1%
    Education
    University and Above
    33%
    High School
    27%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Social Sciences
    10%
    Math & Computer Sciences
    7%
    Education
    5%
    Humanities
    4%
    Physical Sciences
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Price Trends

    Maintenance Fees

    Hearthstone by the Bay Condos vs The Mimico Area

    Building Trends At Hearthstone by the Bay Condos

    Days on Strata

    Units at Hearthstone by the Bay Condos spend an average of
    25
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Mimico

    Turnover of Units

    On average, each unit is owned for
    6.9
    YEARS before being sold again

    Property Value

    6%
    Increase in property value within the past twelve months

    Price Ranking

    48th
    Highest price per SQFT out of 62 condos in the Mimico area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    Hearthstone by the Bay Condos offers the
    ?
    best value out of 62 condos in the Mimico neighbourhood

    Appreciation Rank

    Hearthstone by the Bay Condos has the
    ?
    highest ROI out of 62 condos in the Mimico neighbourhood

    Rental Yield

    Hearthstone by the Bay Condos yields the
    ?
    highest rent prices out of 62 condos in the Mimico neighbourhood

    High Demand

    Hearthstone by the Bay Condos is the
    ?
    most popular building out of 62 condos in the Mimico neighbourhood

    Transaction Insights at 3 Marine Parade Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$409,000$412,500 - $422,000$619,000 - $750,000$650,000
    Avg. Cost Per Sqft$538$552$652$719
    Avg. Wait for Unit Availability240 Days142 Days95 Days138 Days
    Ratio of Units in Building15%25%41%21%

    Transactions vs Inventory

    Total number of units listed and sold in Mimico