110 Marine Parade Drive Unit 901, Toronto W06

Price: $1,269,888

3 bedrooms, 3 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13143826

Welcome to Suite 901 at Riva Del Lago, a rare offering in one of Toronto's most sought-after waterfront communities. Perched above Humber Bay Shores, this exceptional residence commands sweeping, stunning views of Lake Ontario and the glittering Toronto skyline. Thoughtfully designed across 1,188 square feet of living space, the open-concept layout flows effortlessly from living to dining, ideal for sophisticated entertaining and everyday comfort alike. The chef's kitchen is a true standout, appointed with full-size appliances, sleek quartz countertops, and a dedicated wine fridge for the discerning entertainer. Both bedrooms are generously proportioned and feature their own private ensuites, offering a genuine sense of retreat. A stylish powder room serves guests with ease, while the versatile den provides the perfect home office, reading nook, or flex space to suit your lifestyle. A full-size in-suite laundry room completes this residence as a home that truly has it all. Beyond your suite, the Humber Bay Shores community delivers a vibrant waterfront lifestyle. Scenic lakeside trails, restaurants, shops, parks, and grocery stores all within easy reach, with seamless TTC and Highway access connecting you effortlessly to the rest of the city. Suite 901 is more than a home, it's waterfront living, redefined.

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$1,269,888 - 110 Marine Parade Drive Unit 901, Liberty Village

Condo for Sale in Liberty Village

49 days on market

Neighbourhood: Mimico

3Beds
3Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W13143826
Property Type
Condo
Status
active
Days on Site
49
Bedrooms
3
Bathrooms
3
Square Feet
1,000 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
AURA SIGNATURE REALTY INC.
Description

Welcome to Suite 901 at Riva Del Lago, a rare offering in one of Toronto's most sought-after waterfront communities. Perched above Humber Bay Shores, this exceptional residence commands sweeping, stunning views of Lake Ontario and the glittering Toronto skyline. Thoughtfully designed across 1,188 square feet of living space, the open-concept layout flows effortlessly from living to dining, ideal for sophisticated entertaining and everyday comfort alike. The chef's kitchen is a true standout, appointed with full-size appliances, sleek quartz countertops, and a dedicated wine fridge for the discerning entertainer. Both bedrooms are generously proportioned and feature their own private ensuites, offering a genuine sense of retreat. A stylish powder room serves guests with ease, while the versatile den provides the perfect home office, reading nook, or flex space to suit your lifestyle. A full-size in-suite laundry room completes this residence as a home that truly has it all. Beyond your suite, the Humber Bay Shores community delivers a vibrant waterfront lifestyle. Scenic lakeside trails, restaurants, shops, parks, and grocery stores all within easy reach, with seamless TTC and Highway access connecting you effortlessly to the rest of the city. Suite 901 is more than a home, it's waterfront living, redefined.

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Estimated Payment

$5,617.14/mo

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5-yr fixed avg.

Principal: $1,015,910Interest: $669,232
Mortgage Amount$1,015,910
Total Interest$669,232
Est. Property Tax$900/mo
Total Cost$1,685,142

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Mimico

Waterfront Revival

Mimico is a revitalised waterfront neighbourhood in south Etobicoke that has transformed from a quiet residential enclave into a dynamic lakeside community. New condominium developments along the lakeshore complement the area's established tree-lined streets and village character. The Mimico GO Station and TTC streetcar provide strong transit options, while the waterfront trail offers scenic recreation.

Why Live in Mimico

  • Lake Ontario waterfront access and trail
  • Revitalised village atmosphere with new development
  • Mimico GO Station for fast downtown commuting
  • Mix of new condominiums and character homes
  • Growing restaurant and retail scene

Nearby Schools

Lakeshore Collegiate InstitutePublic High School
Bishop Allen AcademyCatholic High School
John English Junior Middle SchoolPublic Middle School
George R. Gauld Junior SchoolPublic Elementary

Transit & Commuting

  • Mimico GO Station on the Lakeshore West line
  • TTC 501 Queen streetcar
  • Lakeshore West GO line to Union Station
  • Easy access to Gardiner Expressway

Parks & Amenities

  • Humber Bay Park
  • Mimico waterfront trail
  • Amos Waites Park
  • Mimico Centennial Library
  • Local shops along Royal York Road

Lifestyle & Community

Mimico offers a rejuvenated waterfront lifestyle with strong transit connections and a growing dining scene. Residents enjoy lakeside walks, waterfront cycling, and easy commuting to downtown Toronto.

78
Walk Score
$500K - $1.5M
Price Range

110 Marine Parade Drive Unit 901, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
0.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$900
Insurance (est.)-$265
Net Cash Flow+$945

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1270/sqft, this property is priced above the Liberty Village average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 49 days on site, this property has exceeded the typical selling timeline for Liberty Village. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Mimico

I know Mimico well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    110 Marine Parade Drive Unit 901 | $1,269,888 | Battaglia Team