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For saleMLS® W14155000

5 Marine Parade Drive, Toronto, ON M8V 4B4

Mimico, Toronto · Near Lake Shore/ E. Of Park Lawn · View map

$2,500,000
3Beds
5Baths
2250–2499Sq ft
Resort condoType
$2,063/moMaint. fee
Built-In · 2 spacesGarage
2 totalParking
Finished with Walk-Out, FinishedBasement
$7,903/yrTaxes
Call / Text Will
$2,500,000
Built-In garage2 parking spaces in total
Finished basementWith a walk-out
Private terraceYour own outdoor space
Heat, hydro, water includedCovered by the maintenance fee
WaterfrontOn the water
Central airCool all summer

About this home

Simply Unmatched Where Nature Meets The City. Luxury Living At Its Finest. This Rare sophisticated Fully Renovated Three-Story Waterfront Townhouse Perfectly Balances Modern Elegance With A Serene Lakeside Lifestyle. Spectacular Unobstructed Waterfront Views, Boasting Over 2,700 Square Feet Of Seamless Indoor/Outdoor Living Space, This Home Is Designed For Both Grand Entertaining & Private Relaxation. Gourmet Chef's Kitchen With W/I Pantry, Direct In-Suite Entry To Private Underground Double-Car Garage With Ample Storage Plus Utility Rm. Walkable Paradise: Steps Away From Humber Bay Shore's Finest Lakeside restaurants, Vibrant Cafes, Effortless Transit & Highway Connectivity Simply A Commuter's Dream. Doorstep TrailAccess: Immediate Connection To The Martin Goodman Trail And The Humber Bay Parks Trails Network, Offering Miles Of Paved Paths For Running, Biking, And Leisurely Strolls Right Along The Water. Surrounded by Lush Beautiful Green Space & Parks This Is Truly Front Row Living In One Of The GTA Most Popular Neighborhoods.

The home

Type
Resort condo
Style
3-Storey
Square footage
2250-2499 sq ft
Bedrooms
3
Bathrooms
5
Kitchens
1
Rooms
7
Basement
Finished with Walk-Out, Finished
Faces
South East
Level
1
Balcony
Terrace
View
Bay, Park/Greenbelt, Skyline, Water
Laundry
Laundry Room

Ownership & fees

Ownership
Condominium
Maintenance fee
$2,062.60/mo
Fee includes
Heat, Hydro, Water, CAC, Common Elements, Building Insurance
Complex
Grenadier Landing
Property management
Cross Bridge Property Management 416-259-0223
Pets
Allowed, with restrictions
Locker
Owned
Exterior
Concrete

Heating & cooling

Heating fuel
Gas
Heating type
Forced Air
Air conditioning
Central Air
Fireplace
Yes
Central vacuum
Yes

Garage & parking

Garage
Built-In
Garage spaces
2
Total parking
2
Parking features
Private

Taxes & other

Property taxes
$7,903/yr
Tax year
2026
Occupancy
Owner
Possession
TBA
Cross street
Lake Shore/ E. Of Park Lawn
Neighbourhood
Mimico

More

Price per sq ft
~$1,053 (at 2,375 sq ft)
MLS® number
W14155000

The home and its surroundings

  • Bar Fridge
  • Central Vacuum

Included in the maintenance fee

  • Heat
  • Hydro
  • Water
  • CAC
  • Common Elements
  • Building Insurance
Want to know something that isn’t listed?
Estimated monthly cost$12,806per month, all in
  • Mortgage
  • Property tax
  • Maintenance fee

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
    Open the calculators
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    5 Marine Parade Drive, Toronto, ON M8V 4B4

    Mimico, Toronto · Near Lake Shore/ E. Of Park Lawn

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    Sold history

    Listing history for 5 Marine Parade Drive

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 5 Marine Parade Drive

    Answers come straight from this home’s MLS® listing.

    How much is 5 Marine Parade Drive listed for, and what would it cost each month?

    5 Marine Parade Drive is listed for $2,500,000. With 20% down ($500,000), the mortgage payment would be roughly $10,084 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $12,806 a month, all in. That figure is an illustration, not a quote.

    Is 5 Marine Parade Drive freehold or a condo, and is there a monthly fee?

    5 Marine Parade Drive is a resort condo in Mimico, Toronto. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $2,062.60 a month. The listing says it covers heat, hydro, water, cac, common elements, building insurance. Fees can change, so confirm the current amount in the status certificate.

    How many bedrooms and bathrooms does 5 Marine Parade Drive have?

    5 Marine Parade Drive has 3 bedrooms and 5 bathrooms. The listing gives the style as 3-storey.

    Does 5 Marine Parade Drive have a garage and parking?

    Yes. The listing shows the garage as built-in, with room for 2 cars. In total the listing counts 2 parking spaces.

    Does 5 Marine Parade Drive have a finished basement?

    The listing describes the basement as finished with walk-out, finished. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.

    What style of home is 5 Marine Parade Drive?

    5 Marine Parade Drive is a resort condo. A resort condo trades the work of a cottage for a monthly fee; read the status certificate and check any rental pool rules.

    How big is 5 Marine Parade Drive?

    The listing puts the home between 2,250 and 2,499 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.

    How is 5 Marine Parade Drive heated and cooled?

    Heating is forced air (gas). Cooling is central air.

    What are the property taxes for 5 Marine Parade Drive?

    Property taxes are $7,903 a year (2026), or about $659 a month.

    Are pets allowed at 5 Marine Parade Drive?

    Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.

    Where is 5 Marine Parade Drive?

    5 Marine Parade Drive is in the Mimico community of Toronto. The nearest main intersection is Lake Shore/ E. Of Park Lawn. The postal code is M8V 4B4.

    Is 5 Marine Parade Drive still for sale?

    Yes. It is an active listing (MLS® W14155000). Listings here update from the board through the day and come down once a home sells.

    What are similar cottages near 5 Marine Parade Drive asking?

    Similar cottages for sale nearby right now include 911 - 5 Marine Parade Drive at $699,999 (2 bed), 102 - 2095 Lake Shore Boulevard W at $2,725,000 (3+1 bed) and 1107 - 155 Merchant's Wharf at $3,195,000 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 5 Marine Parade Drive sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 5 Marine Parade Drive?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.

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