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    Toronto / Etobicoke / Mimico

    808 - 3 Marine Parade Dr

    For SaleHearthstone by the Bay Condos
    $499,000
    2 Beds
    2 Bath
    1 Parking
    928 SQFT
    49 Days on Strata
    Est Sell Timeframe
    12 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $821/mth
    Taxes:
    $3,104 (2024)
    Cost Per Sqft:
    $538/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North East
    Possession Date:
    January 30, 2025
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Ground Source
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Open Concept, Large Window
    17.39 x 12.47ft
    Dining
    Laminate, Open Concept, Large Window
    17.39 x 12.47ft
    Kitchen
    Laminate, Double Sink, Built-in Appliances
    10.17 x 8.2ft

    About this Listing

    Welcome to Hearthstone By The Bay, where convenience and comfort come together! This spacious and accessible 2-bedroom, 2-bathroom corner suite is thoughtfully designed for easy living, offering an open layout and a bright solarium filled with natural sunlight. Explore the opportunity to buy this beautiful suite, build equity and get all of the necessities & luxuries of senior living at a fraction of the cost compared to renting at a senior home! Hearthstone By The Bay provides a full range of supportive services tailored for seniors and those with accessibility needs. Enjoy the ease of chef-prepared meals, weekly housekeeping, a 24-hour on-site nurse, and a shuttle service to nearby amenities. Stay active and connected with fitness classes, wellness programs, and a variety of organized social events that enrich your daily life. An ideal accessible condo for adults with physical disabilities, Hearthstone By The Bay offers a lifestyle of comfort, care, and community.

    ExtrasParking Fee: $72.56 /m, Locker Fee: $23.58 /m, Basic Service package: $2,011.54 /m & any extra person occupying the unit is an additional $288.27 /m

    sage real estate limitedMLS® #W10411938

    Amenities

    Visitor Parking
    Rec Room
    Concierge
    Games Room
    Media Room
    Gym Room

    Explore Neighbourhood

    6/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    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%

    Price Trends

    Maintenance Fees

    Hearthstone by the Bay Condos vs The Mimico Area

    Building Trends At Hearthstone by the Bay Condos

    Days on Strata

    Units at Hearthstone by the Bay Condos spend an average of
    17
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    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
    6.8
    YEARS before being sold again

    Property Value

    8%
    Increase in property value within the past twelve months

    Price Ranking

    46th
    Highest price per SQFT out of 57 condos in the Mimico area

    Sold Units

    7
    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 57 condos in the Mimico neighbourhood

    Appreciation Rank

    Hearthstone by the Bay Condos has the
    ?
    highest ROI out of 57 condos in the Mimico neighbourhood

    Rental Yield

    Hearthstone by the Bay Condos yields the
    ?
    highest rent prices out of 57 condos in the Mimico neighbourhood

    High Demand

    Hearthstone by the Bay Condos is the
    ?
    most popular building out of 57 condos in the Mimico neighbourhood

    Transaction Insights at 3 Marine Parade Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$409,000$422,000$619,000 - $750,000$650,000
    Avg. Cost Per Sqft$538$538$652$719
    Avg. Wait for Unit Availability233 Days141 Days86 Days171 Days
    Ratio of Units in Building12%27%45%18%

    Transactions vs Inventory

    Total number of units listed and sold in Mimico