$329,900 - 3 Marine Parade Drive Unit 709, Liberty Village
Condo for Sale in Liberty Village
68 days on marketNeighbourhood: Mimico
- MLS Number
- W13062926
- Property Type
- Condo
- Status
- active
- Days on Site
- 68
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- Owned
- Exposure
- East
- Balcony
- Juliette
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
Come experience a completely renovated one bedroom + den + solarium, with locker in this beautifully tailored retirement community, Hearthstone By The Bay! Your luxury living experience awaits with brand new: appliances, quartz countertops, luxury vinyl plank, plumbing fixtures, custom window coverings, bright electric light fixtures. Under cabinet lighting, and custom storage solution only adds to a vast list of benefits! This incredibly efficient layout has a lofty 733 square feet of functional living space, quick and easy access to the bathroom, and kitchen. Live here with complete independence, and support, with emergency aid stations, and retrofitted adjustments to this home to accommodate almost any living requirement. Hearthstone By The Bay has thought of everything to support your independent living, with support. Key features include: 24 hour, on demand nursing care, bespoke 24/7 concierge, housekeeping services, personal care, meal delivery, and handyman services. Please see attached pamphlet for a comprehensive list of benefits. Gain access to some of the best amenities in the city, with a lake view dining area (with a dining credit), gymnasium, outdoor terrace, games area, library, hair salon. Basic Service Package: $1990.85 monthly + 274.34 per additional resident.
Estimate your monthly payments for this property
Estimated Payment
$1,692.56/mo
Includes CMHC insurance ($9,204)
5-yr fixed avg.
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.
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
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.
3 Marine Parade Drive Unit 709, Liberty Village / Parkdale / South Parkdale
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $471/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 68 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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.
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.