1 day on market
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$585,000
For Sale

5 Marine Parade Dr, Unit #518

Mimico, Toronto

1+null Bed|2 Bath|Yes|1 day on market

$585,000

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Home Details

Maintenance
$699.06 / month
Taxes
$209 / month
Total Parking Spots
1
Garage Spaces
1
Balcony
Yes
Furnished
No
Exposure
E
Move-in Date
Flexible
Building Age
16-30 Years
Locker
Owned
Hydro Included
Yes
Heat Included
Yes
Heating
Forced Air
Water Included
Yes
Kitchens
1
Family Room
Yes
Basement
None
Fireplace
N
Air Conditioning
Central Air
Central Vaccum
No
Laundry Access
Main
Exterior
Concrete
Property Type
Condo Apt
Style
Apartment
Status
New
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Listing Description

Welcome to Grenadier Landing, where comfort meets convenience in this spacious and beautifully maintained 1+1 bedroom, 2-bathroom condo. This thoughtfully designed unit offers over 700 square feet of functional living space, ideal for professionals, downsizers, or anyone seeking a modern lifestyle by the waterfront. The generous primary bedroom features a large closet and a private 4-piece ensuite, offering a perfect retreat at the end of the day. The versatile den is ideal as a home office, guest room, or second bedroom, providing the flexibility to suit your lifestyle. A second full 3-piece bathroom ensures convenience for guests or family members. Enjoy open-concept living with a combined living and dining area that seamlessly flows onto your east-facing balcony. The modern kitchen is equipped with stainless steel appliances, a breakfast bar, and ample cabinetry, making both cooking and entertaining a pleasure. This unit includes one underground parking spot and a secure storage locker for your convenience. Grenadier Landing is a well-managed building known for its superb location and full-service amenities. Monthly condo fees are all-inclusive of utilities (heat, hydro, and water), leaving only cable and internet as your additional expense. Step outside and you're just moments away from the scenic waterfront, Martin Goodman Trail, Humber Bay Shores Park, cafes, restaurants, and TTC access-offering the perfect balance between nature and city living. Amenities at Grenadier Landing include a 24-hour concierge, exercise room, media and party rooms, billiards and table tennis, a landscaped courtyard with a BBQ, a library, hobby room, and guest suites. There is also visitor parking and a 7th-floor outdoor terrace with views of the lake.
Fridge, Stove, Microwave/exhaust, Dishwasher, Washer, Dryer, All Electric Light Fixtures

Property History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
Sep 7, 20161$339,800$343,500SoldW3596463
Oct 12, 201331$1,490$1,590LeasedW2762231
Oct 12, 2013101$324,000N/ASuspendedW2762222
May 3, 201315$1,600N/ATerminatedW2626376
Mar 18, 201316$1,650N/ATerminatedW2583407
Jan 7, 201360$1,650N/AExpiredW2532178
Oct 30, 201263$1,650N/AExpiredW2499309
Aug 24, 20109$1,550$1,550LeasedW1941953
Apr 21, 20091$278,000$270,000SoldW1604824

Rooms

Room dimensions for 5 Marine Parade Dr, Unit #518, Toronto
Foyer
9 x 436 sqft
Den
8 x 972 sqft
Kitchen
9 x 872 sqft
Living
15 x 11165 sqft
Br
12 x 10120 sqft

Building Amenities

Gym
Party/Meeting Room
Concierge
Media Room
Guest Suites
Visitor Parking

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 5 Marine Parade Dr518 is 3791

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Total Mortgage


Purchase Price$585000
Down Payment$117000
Mortgage Insurance$0
Total Mortgage$468000

Monthly Payment


Mortgage Payment$2884
Property Taxes$208
Maintenance Fees$699
Monthly Payment$3791
$3791
monthly

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About 5 Marine Parade Dr, Unit #518, Toronto

Located at 5 Marine Parade Dr Unit #518, this Toronto condo is available for sale. This property was listed for $585,000 on Thu Oct 23 2025. This condo's size is 700-799 Sqft. It has 1 bedroom and 2 bathrooms. Monthly maintenance is $699 per month and taxes are approximately $2,497 annually. Views are to the East from this property. Step outside onto the open balcony. The property's amenities include Gym, Party/Meeting Room, Concierge, Media Room, Guest Suites, Visitor Parking. The property includes the following rooms: Foyer, Den, Kitchen, Living, Br. This property comes with 1 parking spots. This property also comes with a locker. Heat, Hydro, Water are included with this property. 5 Marine Parade Dr, Toronto is situated in the Mimico neighbourhood.


MLS#: W12477947 · $585,000 · 1 bedroom condo in Mimico, Toronto