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Property Description
The opulent waterfront residence is situated in an unmatched Mimico neighborhood right next to Lake Ontario with a popular location to capture Toronto's skyline. The Suite has an oversized 236 SqFt terrace overlooking a landscaped courtyard with a tranquil waterfall. An open-concept kitchen, dining, and living areas. This unique suite has 9 Ft ceilings, granite countertops, stainless steel appliances (2021), new floors (2021), and blinds all around. Over the top amenities - a fitness center, indoor pool, a hot tub, a sauna, a theater, billiards, and more. Only steps to eateries, coffee shops, parks, walking trails, beaches, yachts, clubs, and grocery stores. 24-hour security. Access to transit and highways.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-01-11 | 2024-04-11 | 91 | $619,000 | - | Expired |
| 2023-11-02 | 2024-01-11 | 70 | $619,900 | - | Terminated |
| 2020-12-01 | 2021-01-07 | 37 | $589,999 | $520,000 | Sold |
Extras
Extensive renovation was done in October 2021 which included new floors, new full-size laundry and dryer (both LG), fridge, kitchen, microwave, and dishwasher (all Insignia).
Nearby Intersections
Lake Shore & Park Lawn (264)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,072 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Prim Bdrm | Main | 10.50' x 11.98' | W/O To Terrace, O/Looks Frontyard, W/I Closet |
| Kitchen | Main | 10.50' x 20.47' | Combined W/Dining, Granite Counter |
| Dining | Main | 10.50' x 20.47' | O/Looks Frontyard, Window Flr To Ceil |
| Living | Main | 10.50' x 20.47' | W/O To Terrace, Open Concept |
| Bathroom | Main | 4.99' x 8.01' | 4 Pc Bath |
| Other | Main | 10.99' x 21.00' | W/O To Terrace |
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Etobicoke Market Statistics
Etobicoke Price Trend
58 Marine Parade Dr 228 is a 1-bedroom 1-bathroom condo listed for sale at $609,000, which is $8,794 (1.5%) higher than the average sold price of $600,206 in the last 30 days (April 2 - May 1). During the last 30 days the average sold price for a 1 bedroom condo in Etobicoke declined by $2,808 (0.5%) compared to the previous 30 day period (March 3 - April 1) and down $28,792 (4.6%) from the same time one year ago.Inventory Change
There were 1,838 1-bedroom condos listed in Etobicoke over the last 30 days (April 2 - May 1), which is up 37.8% compared with the previous 30 day period (March 3 - April 1) and up 69.4% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Etobicoke typically sold ($8,401) (1.4%) below asking price over the last 30 days (April 2 - May 1), which represents a $2,593 increase compared to the previous 30 day period (March 3 - April 1) and ($2,771) 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 2 - May 1) stood at 37.7%, down from 46.0% over the previous 30 days (March 3 - April 1) and down from 73.5% 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 27 days when successfully sold over the last 30 days (April 2 - May 1), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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