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    1408 - 80 Marine Parade Dr

    For SaleWaterscapes Condos
    $585,000
    1 Bed
    1 Bath
    1 Parking
    632 SQFT
    1 Day on Strata
    Est Sell Timeframe
    6 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $590/mth
    Taxes:
    $2,518 (2024)
    Cost Per Sqft:
    $926/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North West
    Possession Date:
    To Be Arranged
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Windows Floor to Ceiling, Walkout To Balcony
    19 x 17.91ft
    Dining
    Combined with Living, Laminate, Open Concept
    19 x 17.91ft
    Kitchen
    Granite Counter, Stainless Steel Appliances, Backsplash
    19 x 17.91ft

    About this Listing

    Welcome to your new home! This bright and airy corner suite features a well-designed 1 bedroom, 1 bathroom layout with floor-to-ceiling windows that flood the space with natural light. The open-concept living, dining, kitchen area is perfect for modern living, featuring sleek laminate flooring throughout.The contemporary kitchen is a chef's dream, boasting granite countertops, modern cabinetry, and a convenient breakfast island for casual dining. .Located just steps away from the lake, enjoy the best of both worlds with easy access to downtown and all the amenities you need. This unit comes with the added convenience of a parking spot a storage locker, offering ample space for all your belongings.Don't miss out on this incredible opportunity to live in a vibrant and sought-after community.Living at 80 Marine Parade Drive in Toronto offers the perfect blend of lakeside tranquility and urban convenience. This stunning location provides breathtaking views of Lake Ontario, with direct access to the Martin Goodman Trail for jogging, cycling, and scenic walks. The building boasts modern amenities, including a fitness center, indoor pool, party room, and concierge service, along with secure underground parking and storage lockers.Proximity to downtown Toronto makes commuting easy, with quick access to the Gardiner Expressway and the QEW. Despite being close to the city center, the area maintains a peaceful, community-oriented atmosphere. Nearby parks, like Humber Bay Park and Palace Pier Park, offer ample green space for outdoor activities, while local eateries, cafs, and entertainment options provide a variety of dining and leisure experiences.For shopping, residents have access to nearby supermarkets and Sherway Gardens, a major retail hub. Public transit is convenient, with bus and streetcar routes connecting you to the rest of the city, and future transit expansions promise even greater accessibility.

    ExtrasLiving at 80 Marine Parade Drive offers a serene, yet connected lifestyle

    re/max royal team sachdeva realtyMLS® #W9383206


    Amenities

    Games Room
    Rec Room
    Car Wash
    Gym Room
    Concierge
    Rooftop Deck

    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%

    Maintenance Fees

    Waterscapes Condos vs The Mimico Area

    Days on Strata

    Units at Waterscapes Condos spend an average of
    48
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Mimico

    Turnover of Units

    On average, each unit is owned for
    6.1
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    6th
    Highest price per SQFT out of 57 condos in the Mimico area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    39
    Units were Rented over the past twelve months

    Best Value Rank

    Waterscapes Condos offers the
    ?
    best value out of 57 condos in the Mimico neighbourhood

    Appreciation Rank

    Waterscapes Condos has the
    ?
    highest ROI out of 57 condos in the Mimico neighbourhood

    Rental Yield

    Waterscapes Condos yields the
    ?
    highest rent prices out of 57 condos in the Mimico neighbourhood

    High Demand

    Waterscapes Condos is the
    ?
    most popular building out of 57 condos in the Mimico neighbourhood

    Transaction Insights at 80 Marine Parade Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$580,000 - $635,000$752,000No DataNo DataNo Data
    Avg. Cost Per Sqft$1,026$1,025No DataNo DataNo Data
    Avg. Wait for Unit Availability42 Days67 Days123 Days71 Days631 Days
    Ratio of Units in Building45%28%10%18%1%

    Transactions vs Inventory

    Total number of units listed and sold in Mimico