Grenadier Landing Condos
0Listings for Salefor Sale
2Listings for Rentfor Rent
5 Marine Parade Dr
Grenadier Landing Condos
5 Marine Parade Drexpand addresses list
    0Listings for Salefor Sale
    2Listings for Rentfor Rent
    Walk Score
    64
    Transit Score
    77
    Bike Score
    70
    © MapTiler © OpenStreetMap
    0
    CONDO Demand
    Average
    Unit Availability
    Average
    Property Type
    Condo
    Developer
    Davies Smith Developments
    Condo Completion
    2003
    Property Management
    Wilson Blanchard Property Management
    Unit Size Range
    599 - 2700 SQFT
    Number of Units
    259
    Number of Storeys
    12

    5 Marine Parade Dr, Toronto

    About this condo

    Condo Overview

    Architecturally speaking, the Grenadier Landing Condos is a complicated structure. The stone structure contains two main wings, with various sections reaching to different heights. Tucked into the corner where the two sections of the building meet is a grand entryway featuring plenty of glass and double-height columns.

    Built in 2003 by Davies Smith Developments, 5 Marine Parade Drive reaches to 12 storeys and contains 259 homes. But that’s not all — the Grenadier Landing Condos also boasts plenty of communal amenities in addition to the private suites spread throughout the building.

    Residents who enjoy hosting events have come to the right place, as 5 Marine Parade Dr features two guest suites, visitor parking, a party room, and a terrace with some pretty enviable views. The building is also equipped with a games room with billiards and ping-pong tables, a gym, a theatre, and a courtyard with barbecues. And to top it all off, 5 Marine Parade Dr is staffed by a concierge who ensures residents feels safe and secure at all times.

    The Suites

    With Toronto condos for sale starting at around 600 and reaching to approximately 2,200 square feet, prospective buyers of all kinds can find something to suit their needs at 5 Marine Parade Dr. Single professionals and couples without children, for example, might opt for a one-bedroom suite, while small families will be perfectly comfortable in one of the building’s three-bedroom units. Even those who plan to set up a home office are in luck, as many of the homes at the Grenadier Landing Condos contain dens.

    The interior design at 5 Marine Parade Dr is warm yet elegant, with floor-to-ceiling windows allowing natural sunlight to do its magic. These Toronto condos are also functional as can be, thanks to a combination of open concept living areas and kitchens with private bedrooms. And as an added bonus, some units even contain gas fireplaces.

    The Neighbourhood

    While many prospective buyers and renters looking for a lakeside home in Toronto opt for a home in The Beaches, the Etobicoke neighbourhood known as Mimico is equally idyllic. Living at 5 Marine Parade Drive means being steps away from Humber Bay Shores Park, and of course Lake Ontario. Residents can use trails in Humber Bay Shores Park to reach Humber Bay Park East and Humber Bay Park West, or they can head east over the Humber Bay Arch Bridge in order to visit Sunnyside Beach.

    When it comes time to pick up groceries for the week, residents living at 5 Marine Parade Dr have plenty of options. There’s a Rabba Fine Foods around the corner on Brooker’s Lane, a Sobeys on the Queensway, and a Metro on Park Lawn Road. And those who prefer to stock up on bulk items can head over to the Costco on Queen Elizabeth Boulevard.

    Transportation

    It’s no secret that drivers living at 5 Marine Parade Dr benefit from having the Gardiner Expressway nearby. Residents can hop onto this highway via Brooker’s Lane before heading into the downtown core, while those planning to use the Gardiner West can do so via Lake Shore Boulevard.

    As for residents without cars of their own, it takes just under 10 minutes to reach the Humber Loop on foot. Once here, passengers can hop onto the 501 Queen Streetcar, which traverses the entire width of the city along Queen Street.

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    Listings For Rent

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    Amenities

    Guest Suites
    Recreation Room
    Media Room
    Concierge
    BBQ
    Security System
    Visitor Parking
    Underground Parking
    Rooftop Deck/Garden
    Party/Meeting Room
    Gym

    Maintenance Fees Cover

    Maintenance fees include

    None

    Owner / renter pays separately

    Hydro
    Heat
    Air Conditioning
    Water

    Past Sold & Rented Listings

    Stats, Trends & Rankings

    Price Per Square Foot
    Grenadier Landing Condos vs The Mimico Area

    $55.00
    More Expensive
    per SQFT compared to the neighbourhood average
    Grenadier Landing Condos's Avg
    price per SQFT
    $997
    / SQFT
    Neighbourhood Avg
    price per SQFT
    $942
    / SQFT

    Building Trends At Grenadier Landing Condos

    Days on Market

    Units at Grenadier Landing Condos spend an average of
    30
    Days on Market
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    above
    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
    5.3
    YEARS before being sold again

    Property Value

    5%
    Increase in property value within the past twelve months

    Price Ranking

    22nd
    Highest price per SQFT out of 51 condos in the Mimico area

    Sold Units

    14
    Units were Sold over the past twelve months

    Rented Units

    12
    Units were Rented over the past twelve months

    Best Value

    Grenadier Landing Condos offers the
    ?
    best value out of 51 condos in the Mimico neighbourhood

    Return on Investment

    Grenadier Landing Condos has the
    ?
    highest ROI out of 51 condos in the Mimico neighbourhood

    Rental Yield

    Grenadier Landing Condos yields the
    ?
    highest rent prices out of 51 condos in the Mimico neighbourhood

    High Demand

    Grenadier Landing Condos is the
    ?
    most popular building out of 51 condos in the Mimico neighbourhood

    Sales vs Rental Values For This Condo

    1 Bed630 - 680 SQFT
    Average Cost Per Sqft$953
    Sales Price Range$560,000 - $655,000
    Rental Price Range$2,000 - $2,000
    1 Bed + Den697 - 789 SQFT
    Average Cost Per Sqft$866
    Sales Price Range$602,500 - $700,000
    Rental Price Range$2,200 - $2,395
    2 Bed862 - 1565 SQFT
    Average Cost Per Sqft$798
    Sales Price Range$721,000 - $1,350,000
    Rental Price Range$2,600 - $3,300
    2 Bed + Den900 - 2700 SQFT
    Average Cost Per Sqft$814
    Sales Price Range$2,050,000 - $2,050,000
    Rental Price Range$2,850 - $2,850
    3 Bed + Den2154 - 2154 SQFT
    Average Cost Per Sqft$1,062
    Sales Price Range$2,200,000 - $2,200,000
    Rental Price Range
    N/A

    How Often Are Units Listed?

    1 Bed620 - 752 SQFT
    Average Sales Availability
    Every115Days
    Average Rental Availability
    Every107Days
    Ratio of Unit Type in Building19%
    1 Bed + Den673 - 994 SQFT
    Average Sales Availability
    Every44Days
    Average Rental Availability
    Every47Days
    Ratio of Unit Type in Building43%
    2 Bed657 - 2605 SQFT
    Average Sales Availability
    Every85Days
    Average Rental Availability
    Every60Days
    Ratio of Unit Type in Building33%
    2 Bed + Den900 - 2700 SQFT
    Average Sales Availability
    Every495Days
    Average Rental Availability
    Every688Days
    Ratio of Unit Type in Building5%
    3 Bed2125 - 2125 SQFT
    Average Sales Availability
    N/A
    Average Rental Availability
    N/A
    Ratio of Unit Type in Building2%
    3 Bed + Den2154 - 2154 SQFT
    Average Sales Availability
    N/A
    Average Rental Availability
    N/A
    Ratio of Unit Type in Building1%

    Maintenance Fees
    Grenadier Landing Condos vs The Mimico Area

    $0.06
    More Expensive
    per SQFT compared to the neighbourhood average
    Grenadier Landing Condos's Avg
    monthly maintenance
    fee per SQFT
    $0.80
    / SQFT
    Neighbourhood Avg
    monthly maintenance
    fee price per SQFT
    $0.74
    / SQFT

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