3 Marine Parade Dr WUnit 505
1Bed + Den
1Bath
739SQFT
SOLD CONDITIONALLY
Price Reduction
$379,000 $370,000 (-$9,000)
3 Marine Parade Dr WUnit 505
SOLD CONDITIONALLY
$379,000 $370,000 (-$9,000)
1Bed + Den
1Bath
739SQFT
Walkability
6/10
Transit
8/10
Bikeability
7/10
© MapTiler © OpenStreetMap
0
CONDO Demand
low
Unit Availability
Average
Property Type
Condo
Developer
Davies Smith Developments
Condo Completion
2010
Property Management
360 Community Management Ltd.
Unit Size Range
560 - 1275 SQFT
Number of Units
144
Number of Storeys
18
Parking
Yes
Locker
Yes
Days on Market
80
Cost per SQFT
$501/sqft
Maintenance
$699/mth
Taxes
$2,156
Outdoor Space
Open
Exposure
West
Possession Date
60-90 Days
CONDO Demand
low
Unit Availability
Average
Property Type
Condo

3 Marine Parade Dr | Unit #505 at Hearthstone by the Bay Condos

About the Property

Welcome To Lakeside Luxury Retirement Living At It's Best. Steps To The Lake. Spacious 1 Bedroom + Den & Sunroom With Beautiful Lake Views From Your Own Private Balcony. Full Kitchen Overlooking Open Concept Living/Dining Area. Bright Sunroom With Floor To Ceiling Windows With Lake Views. Spacious Bedroom W/Walk-In Closet & Walk Out To Sunroom. 4Pc Bath W/Stand Up Shower. In-Suite Laundry. Parking & Locker Steps To Elevator.

Extras

Amenities Incl: Restaurant, Movie Theatre, Hair Salon, Billiards, Library, Etc. Extras: All Elf's, California Shutters, Fridge, Stove, Dishwasher, Washer & Dryer, Most Furniture *Mthly Mandatory Package Fee Of $1,915.76 (No Exceptions)**.

Brokerage: royal lepage supreme realty, brokerageMLS® #W5521699

Market Temperature
Buyer's Market
Balanced
Seller's Market

Book A Showing

Select a Date and Time
Saturday
21
May
Sunday
22
May
Monday
23
May

Viewings are free and there's no obligation.

Room Dimensions

AreaDetails
Living12.8 x 10.17ftLaminate, Crown Moulding, Walkout To Balcony
Dining12.8 x 10.17ftLaminate, Combined with Living, Open Concept
Kitchen9.19 x 6.23ftTile Floor, O/Looks Dining, Open Concept
Bedroom10.5 x 10.17ftCarpet, Walk-in Closet, Walkout To Sunroom
Sunroom10.17 x 8.53ftCarpet, Window Flr To Ceil, Separate Room
Den6.89 x 6.23ftLaminate, Built-in Shelves, Separate Room

Maintenance Fees Cover

Maintenance Fees Include

Heat
Air Conditioning
Water
Parking
Building Insurance

Owner Pays Separately

Hydro

Amenities

Visitor Parking
Rooftop Deck/Garden
Recreation Room
Party/Meeting Room
Security System
Underground Parking
Indoor Pool
Lap Pool
Games Room
Media Room
Concierge
Gym

Travel Times

Listing History for Unit 505

Stats, Trends & Rankings

Price Per Square Foot
Hearthstone by the Bay Condos vs The Mimico Area

$469.00
Less Expensive
per SQFT compared to the neighbourhood average
Hearthstone by the Bay Condos's Avg
price per SQFT
$525
/ SQFT
Neighbourhood Avg
price per SQFT
$994
/ SQFT

Building Trends At Hearthstone by the Bay Condos

Days on Market

Units at Hearthstone by the Bay Condos spend an average of
75
Days on Market
based on recent sales

List vs Selling Price

On average, these condos sell for
2%
below
the list price.

Offer Competition

Condos in this building have an

AVERAGE
chance of receiving
Multiple Offers

Turnover of Units

On average, each unit is owned for
6.6
YEARS before being sold again

Property Value

-1%
Decrease in property value within the past twelve months

Price Ranking

47th
Highest price per SQFT out of 55 condos in the Mimico area

Sold Units

10
Units were Sold over the past twelve months

Rented Units

5
Units were Rented over the past twelve months

Best Value

Hearthstone by the Bay Condos offers the
?
best value out of 55 condos in the Mimico neighbourhood

Return on Investment

Hearthstone by the Bay Condos has the
?
highest ROI out of 55 condos in the Mimico neighbourhood

Rental Yield

Hearthstone by the Bay Condos yields the
?
highest rent prices out of 55 condos in the Mimico neighbourhood

High Demand

Hearthstone by the Bay Condos is the
?
most popular building out of 55 condos in the Mimico neighbourhood

Sales vs Rental Values For This Condo

1 Bed600 - 607 SQFT
Average Cost Per Sqft$508
Sales Price Range$293,000 - $300,000
Rental Price Range$2,800 - $2,800
1 Bed + Den725 - 750 SQFT
Average Cost Per Sqft$534
Sales Price Range$370,000 - $403,000
Rental Price Range$3,995 - $3,995
2 Bed919 - 1123 SQFT
Average Cost Per Sqft
N/A
Sales Price Range
N/A
Rental Price Range$4,500 - $5,000
2 Bed + Den958 - 1252 SQFT
Average Cost Per Sqft$544
Sales Price Range$525,000 - $685,000
Rental Price Range
N/A

How Often Are Units Listed?

1 Bed600 - 733 SQFT
Average Sales Availability
Every221Days
Average Rental Availability
Every961Days
Ratio of Unit Type in Building12%
1 Bed + Den700 - 952 SQFT
Average Sales Availability
Every174Days
Average Rental Availability
Every425Days
Ratio of Unit Type in Building28%
2 Bed919 - 1275 SQFT
Average Sales Availability
Every98Days
Average Rental Availability
Every368Days
Ratio of Unit Type in Building41%
2 Bed + Den928 - 1252 SQFT
Average Sales Availability
Every164Days
Average Rental Availability
Every631Days
Ratio of Unit Type in Building21%

Maintenance Fees
Hearthstone by the Bay Condos vs The Mimico Area

$0.06
More Expensive
per SQFT compared to the neighbourhood average
Hearthstone by the Bay Condos's Avg
monthly maintenance
fee per SQFT
$0.84
/ SQFT
Neighbourhood Avg
monthly maintenance
fee price per SQFT
$0.78
/ SQFT

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