3 Marine Parade Dr 405

Mimico, Etobicoke, M8V 3Z5
FOR SALE
$438,000
3 Marine Parade Dr 405, Etobicoke
3 Marine Parade Dr 405
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
W9804303
MLSID
Contact Us
Property Description
Experience exceptional retirement living in this well-kept 1-bedroom plus den condo with a bright west-facing exposure and partial lake views. This charming unit features a sunlit solarium, perfect for relaxation. Residents enjoy the convenience of resort-style amenities, including housekeeping services, emergency nurse access, daily activities, and fitness programs. Dine in the on-site restaurant with a monthly meal credit, and feel at ease with a 24-hour concierge for a secure environment. Situated just steps from Lake Ontario and close to grocery stores, restaurants, and cafes, this location provides easy access to all essentials. Additional services are available to support evolving needs- making this an ideal, worry-free setting for your retirement years! Live with the luxury of condo ownership within an exceptional retirement community, complete with an array of tailored services catering to seniors. Enjoy services like 4 hours of housekeeping, $277 dining credit/dining at the on-site restaurant, access to nurse 24 hours per day/round-the-clock, a convenient shuttle bus, fitness classes, emergency call system and much more!
Extras
Mandatory Club Fee: $1851.33 +Hst Per Month. Additional Amenities Incl: Movie Theatre, Hair Salon, Pub, Billiards Area, Outdoor Terrace. Note: $255.11+hst Extra Per Month for Second Occupant.
Nearby Intersections
Property Features
Hospital, Lake/Pond, Marina, Park, Public Transit
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,525 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (A-22)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain10.17' x 12.80'Laminate, Open Concept, W/O To Balcony
DiningMain10.17' x 12.80'Laminate, Open Concept, Combined W/Living
KitchenMain6.23' x 9.19'Tile Floor, B/I Shelves, Backsplash
BrMain10.17' x 10.50'Laminate, W/I Closet, W/O To Sunroom
SunroomMain8.53' x 10.17'Tile Floor, Separate Rm, Window Flr to Ceil
DenMain6.89' x 8.20'Laminate, Separate Rm, Crown Moulding
Etobicoke Market Statistics
Etobicoke Price Trend
3 Marine Parade Dr 405 is a 1-bedroom 1-bathroom condo listed for sale at $438,000, which is $131,236 (23.1%) lower than the average sold price of $569,236 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in Etobicoke declined by $1,563 (0.3%) compared to the previous 30 day period (September 21 - October 20) and down $22,277 (3.8%) from the same time one year ago.
Inventory Change
There were 1,261 1-bedroom condos listed in Etobicoke over the last 30 days (October 21 - November 19), which is down 7.8% compared with the previous 30 day period (September 21 - October 20) and up 2.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Etobicoke typically sold ($10,859) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $855 increase compared to the previous 30 day period (September 21 - October 20) and ($13,197) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Etobicoke over the last 30 days (October 21 - November 19) stood at 49.5%, up from 37.0% over the previous 30 days (September 21 - October 20) and up from 31.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Etobicoke stood at 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Real Estate Associates, Larose Team
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