707 - 58 Marine Parade Drive

Mimico, Toronto

707 - 58 Marine Parade Drive, Mimico, Toronto

$575,000


Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $958.33


About this Condo

in Mimico, Toronto

Experience elevated waterfront living in this sun-drenched one-bedroom, one-bathroom corner residence, where thoughtful design, privacy, and lifestyle come together seamlessly. Bathed in natural light from morning through golden hour, this condo features two private balconies with three separate walkouts from the kitchen, living room, and primary bedroom-creating a rare indoor-outdoor flow and offering multiple spaces to relax, entertain, or unwind while enjoying tranquil lake, courtyard, and fountain views. The layout is both functional and sophisticated, enhanced by high ceilings and a clear separation between all rooms. The spacious kitchen opens effortlessly to one of the balconies, while the oversized bathroom offers a spa-like retreat rarely found in one-bedroom suites. As a quiet corner unit with its own private section of the floor, this home provides exceptional peace and privacy with minimal neighbouring noise. Residents enjoy premium building amenities including 24-hour concierge, 2 Spacious Guest Suites, a large visitor parking lot, indoor pool & hot tub, saunas, gym, library, party room, business centre, movie theatre, sports lounge, and a car wash bay. . Whether you're a first-time buyer seeking a turnkey home, a downsizer looking for comfort without compromise, or an investor searching for a highly desirable, rentable location-this suite delivers on every level. Perfectly positioned across from Lake Ontario and the Martin Goodman Trail, the lifestyle offering is unmatched. Step outside to miles of waterfront paths, lush green spaces ideal for summer picnics, and an energetic neighbourhood filled with ground-level cafés, patios, and dining-many just steps from your door. Enjoy local favourites such as Blondies Pizza, Oakberry, Café Boho, Eden Trattoria, and La Vecchia. With two grocery stores within a 10-minute walk, effortless transit options to downtown, and quick access to the Gardiner, this is lakeside living with urban convenience at its finest.

Listed by RE/MAX ESCARPMENT REALTY INC..


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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