5 Marine Parade Dr 714

Mimico, Etobicoke, M8V 4B4
FOR SALE
$630,000
5 Marine Parade Dr 714, Etobicoke
5 Marine Parade Dr 714
5 Marine Parade Dr 714
5 Marine Parade Dr 714
5 Marine Parade Dr 714
5 Marine Parade Dr 714
5 Marine Parade Dr 714
5 Marine Parade Dr 714
5 Marine Parade Dr 714
5 Marine Parade Dr 714
5 Marine Parade Dr 714
5 Marine Parade Dr 714
5 Marine Parade Dr 714
5 Marine Parade Dr 714
5 Marine Parade Dr 714
5 Marine Parade Dr 714
5 Marine Parade Dr 714
5 Marine Parade Dr 714
5 Marine Parade Dr 714
5 Marine Parade Dr 714
5 Marine Parade Dr 714
5 Marine Parade Dr 714
5 Marine Parade Dr 714
5 Marine Parade Dr 714
5 Marine Parade Dr 714
5 Marine Parade Dr 714
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Property Description
Welcome to Grenadier Landing - a boutique modern condominium on the wateredge of Lake Ontario. The location is perfect for nature loving people and yet it is only ten minute drive to Toronto downtown. Access to the Gardiner or QEW is easy. Amenities include gym, lounge, concierge, rooftop, courtyard garden, and much more. Also, there is an EV charging station in P1 level. The suite is bright and spacious; it has 9ft high ceiling, good sized bedroom and a lovely eye level view of Lake Ontario. As it is located in the south end of the building and really close to the lake, its lakeview is totally protected. This kind of suite is rarely available, indeed there is no other on the current market. It is truly a perfect home for professionals who want to live in a modern and not-too-crowded condo and be able to breath the fresh air from the lake and to hear the sound of waves on beach.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-11-04 2019-11-15 11 $2,150 $2,150 Leased
Extras
Including: S/S fridge, stove, microwave, dishwasher, washer/dryer, all light fixtures and windows coverings as well as one parking and locker. All utilities are included - good saving.
Nearby Intersections
Property Features
Lake/Pond, Marina, Park, Waterfront
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,059 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (C/65)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat11.65' x 17.98'W/O To Balcony, Overlook Water, Large Window
DiningFlat11.65' x 17.98'Combined W/Dining
KitchenFlat7.84' x 8.96'Modern Kitchen, Stainless Steel Appl, Double Sink
Prim BdrmFlat9.97' x 10.99'Overlook Water, Large Closet, W/O To Balcony
LaundryFlat9.84' x 3.61'Ceramic Floor
Etobicoke Market Statistics
Etobicoke Price Trend
5 Marine Parade Dr 714 is a 1-bedroom 1-bathroom condo listed for sale at $630,000, which is $30,125 (5.0%) higher than the average sold price of $599,875 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 1 bedroom condo in Etobicoke declined by $4,762 (0.8%) compared to the previous 30 day period (March 15 - April 13) and down $30,572 (4.8%) from the same time one year ago.
Inventory Change
There were 2,111 1-bedroom condos listed in Etobicoke over the last 30 days (April 14 - May 13), which is up 75.9% compared with the previous 30 day period (March 15 - April 13) and up 76.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Etobicoke typically sold ($8,857) (1.5%) below asking price over the last 30 days (April 14 - May 13), which represents a $738 decrease compared to the previous 30 day period (March 15 - April 13) and ($1,653) less 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 (April 14 - May 13) stood at 28.7%, down from 54.9% over the previous 30 days (March 15 - April 13) and down from 69.0% 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 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 41 days before being removed from the market upon being suspended or terminated.
Listing contracted with Right At Home Realty
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