1402 - 3 Marine Parade Drive

Mimico, Toronto

1402 - 3 Marine Parade Drive, Mimico, Toronto

$812,000


Bedrooms: 2

Bathrooms: 2

Living Area: 1,000 sqft

Price Per Sqft: $812.00


About this Condo

in Mimico, Toronto

Welcome to Hearthstone by the Bay, where retirement living meets an extraordinary waterfront setting. This rarely available south-east corner suite offers spectacular views of Lake Ontario, the Humber River and Toronto's iconic skyline, including the CN Tower and Ontario Place. Imagine settling into the sunroom with your morning coffee and watching the day unfold-the sparkling waters of Lake Ontario, boats and wildlife going by, and the ever-changing skyline stretching beyond. Humber Bay Park & the waterfront trail sit right outside your door, creating a remarkable sense of tranquility and connection to the waterfront.This spacious suite offers two bedrooms, a welcoming family room and a generous living, dining and kitchen area designed for comfortable everyday living. The adjoining sunroom creates a quiet retreat to sit back, relax and take in the spectacular waterfront views. In the kitchen, two picture-perfect windows frame the view, while solid wood cabinetry and an open, airy layout add warmth and character. Both bedrooms feature walk-outs to private balconies, allowing you to enjoy the remarkable views from yet another vantage point.Hearthstone offers a refreshing alternative to traditional retirement living-the freedom of owning your own condominium, paired with the convenience of services and amenities designed to make everyday life easier and more enjoyable. The Mandatory Club Fee of $1,990.85 + HST/month includes a wide range of services and amenities, including $298.40/month in restaurant meal credits, 4 hours of housekeeping per month, 24-hour access to a nurse on duty, fitness classes, a full range of activities and shuttle bus service. Additional services and health care are available à la carte as your needs evolve, providing added comfort and support for the years ahead. An additional fee of $274.34 + HST/month applies for a second occupant.

Listed by Royal Lepage Real Estate Associates, Larose Team.


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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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