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    707 - 3 Marine Parade Dr

    $364,9001 bd1 ba0 pk606 sqft
    19 Days on Strata
    Est Sell Timeframe:
    22 Days
    $364,900
    1 Bed
    1 Bath
    0 Parking
    606 SQFT

    Listing History


    Details

    Property Type:

    Condo

    Maintenance Fees:

    $561/mth

    Taxes:

    $1,459 (2024)

    Cost Per Sqft:

    $602/sqft

    Outdoor Space:

    Balcony

    Locker:

    Owned

    Exposure:

    North

    Possession Date:

    April 30, 2025

    Amenities

    Lap Pool
    Indoor Pool
    Indoor Parking
    Rooftop Deck
    Gym
    Games Room
    Media Room
    Visitor Parking
    Concierge
    Security System
    Rec Room
    Party Room

    About this Listing

    Luxury Senior Living One-Bedroom Condo with Premium AmenitiesExperience the best in senior living with this beautifully designed one-bedroom condo featuring an open-concept layout, laminate flooring, and a bright solarium with a walkout to a private balcony.Located in a prestigious community, this residence offers an extensive range of luxury amenities designed for comfort, wellness, and convenience.Building Amenities: Housekeeping Services 24/7 Nurse on Duty Fitness Classes & Wellness Programs Hair Salon & Spa Outdoor Terrace & Social Lounges Fine Dining & On-Site Café Concierge & Security Services Recreational Activities & Entertainment Library & Reading Room Mandatory Club Service Package: $1,923.53/month includes access to all premium amenities, daily services, and wellness programs.Enjoy a worry-free lifestyle with everything you need at your doorstep.

    ExtrasFridge stove dishwasher microwave washer and dryer all electric light fixture , one locker

    right at home realtyMLS® #W12047604

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Heat
    Water
    Building Insurance
    Not Included
    Hydro
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Kitchen

    Open Concept, Ceramic Floor

    9.51 x 10.5ft

    Living

    Combined with Dining, Open Concept, Laminate

    13.78 x 10.5ft

    Dining

    Combined with Living, Open Concept, Laminate

    13.78 x 10.5ft

    Primary

    Closet, Laminate, Picture Window

    10.17 x 10.5ft

    Solarium

    Walkout To Balcony, Picture Window, Laminate

    10.17 x 6.23ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

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    6/10
    Walkability
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    7/10
    Transit
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    7/10
    Bikeability
    The bike lane starts to feel like a second home.

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    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%


    Days on Strata

    Units at Hearthstone by the Bay Condos spend an average of
    27
    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 an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Mimico

    Turnover of Units

    On average, each unit is owned for
    7
    YEARS before being sold again

    Property Value

    1%
    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

    10
    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

    Market Insights

    Transaction Insights at Hearthstone by the Bay Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$785,000$409,000 - $422,000$425,000 - $750,000No Data
    Avg. Cost Per Sqft$607$551$635No Data
    Avg. Wait for Unit Availability247 Days133 Days86 Days119 Days
    Ratio of Units in Building15%25%43%18%

    Market Inventory

    Total number of units listed and sold in Mimico