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    80 Marine Parade Drive

    Waterscapes Condos
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    4for Sale
    5for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    30
    Number of Units:
    344
    Condo Completion:
    2014
    Condo Demand:
    Low
    Unit Size Range:
    400 - 3,529 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Waterscapes Condos

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    Amenities

    Indoor Pool
    Gym Room
    Games Room
    Party Room
    Rec Room
    Car Wash

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 80 Marine Parade DriveWaterscapes Condos

    Building a soaring glass tower may not be innovative anymore, but designing a cylindrical one certainly is. And the 30-storey condo by Graziani + Corazza Architects at 80 Marine Parade Drive doesn’t just have one rounded side either — it’s circular all the way around.

    Also known as the Waterscapes Condos, 80 Marine Parade Drive was completed in 2014 and contains 344 Etobicoke condos. A green roof is situated atop the building’s 4-storey podium, a nod to the developer’s environmental mindedness. Monarch Group, which happens to be a member of the Canada Green Building Council, built this particular edifice to be more energy efficient. And while residents can feel good living in a building that was built with the planet in mind, there’s also the added bonus that this energy efficiency will save them money in the long run.

    Residents can also save on a gym membership by making use of the fitness centre at 80 Marine Parade Dr, and the indoor pool is another great place to exercise. Best of all, there are his and hers change rooms with saunas, lockers, and showers.

    Not all of the amenities at the Waterscapes Condos require breaking a sweat, though. Residents can also relax on the rooftop terrace, watch a flick in the theatre, or host a meeting in the business centre or a social gathering in the party room. But that’s not all: there are also two guest suites, visitor parking, bike storage, a pet-washing room, and a 24-hour concierge.

    The Suites

    Single professionals will be just as pleased with 80 Marine Parade Dr as large families. One-bedroom suites may start at around 500 square feet, but the largest Etobicoke condos for sale here span a staggering 3,600 square feet. While sizes may differ, one thing is for certain: the shape of building means interesting layouts and unique, rounded walls.

    Energy efficient features in individual suites come in the form of double glazed, low emission, insulated glass windows, plus high efficiency appliances by Energy Star. The laminate flooring and granite kitchen countertops may have only been chosen for their appearances, but that seems to be just fine with residents.

    Those hoping to score some private outdoor space should note that not all units come with balconies. The penthouses definitely contain outdoor space, and even go so far as to boast gas hookups for barbecues. Other penthouse features include 10-foot ceilings, hardwood floors, whirlpool tubs, and not one but two parking spaces.

    The Neighbourhood

    Not only is 80 Marine Parade Drive situated in the idyllic Etobicoke neighbourhood of Mimico, but the building also happens to back onto Humber Bay Shores Park. This waterfront park is home to trails that lead west to Humber Bay Parks East and West, and east across the Humber Bay Arch Bridge to Sunnyside Beach.

    Residents living at 80 Marine Parade Dr are surrounded by cafés and restaurants. The Village at Westlake is also just a short walk away, which consists of 60,000 square feet of commercial space, and is home to a Metro and a Shoppers Drug Mart. And those who have larger families to feed will love living so close to Costco, which takes around 10 minutes to reach by car.

    Transportation

    Living a couple of blocks away from an on-ramp for the Gardiner Expressway comes in handy for residents who drive. Using this major east-west highway, drivers can reach Toronto’s Entertainment District in 10 minutes on a good day. During rush hour the drive may take around half an hour, so those heading to events should plan accordingly.

    Those who prefer not to drive, on the other hand, can start their journeys at the bus stop near the east end of the building, on Marine Parade Drive. The 66 bus makes a stop here before carrying passengers north to Old Mill Station on the Bloor-Danforth subway line. Another great option is to catch the 501 Streetcar at the Humber Loop, which takes about 10 minutes to reach on foot.

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    Explore Mimico

    6/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    23,316
    Average Individual Income
    $64,286
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $109,977
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    19%
    50 - 64
    23%
    65+
    20%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    36%
    Semi Detached
    26%
    High Rise Apartment
    20%
    Low Rise Apartment
    11%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    58%
    Mandarin
    14%
    Other
    13%
    Cantonese
    10%
    Tagalog
    2%
    Spanish
    1%
    Korean
    1%
    Tamil
    1%
    Education
    University and Above
    33%
    High School
    27%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Social Sciences
    10%
    Math & Computer Sciences
    7%
    Education
    5%
    Humanities
    4%
    Physical Sciences
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Maintenance Fees

    Waterscapes Condos vs The Mimico Area

    Days on Strata

    Units at Waterscapes Condos spend an average of
    53
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Mimico

    Turnover of Units

    On average, each unit is owned for
    6
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    13th
    Highest price per SQFT out of 57 condos in the Mimico area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    41
    Units were Rented over the past twelve months

    Best Value Rank

    Waterscapes Condos offers the
    ?
    best value out of 57 condos in the Mimico neighbourhood

    Appreciation Rank

    Waterscapes Condos has the
    ?
    highest ROI out of 57 condos in the Mimico neighbourhood

    Rental Yield

    Waterscapes Condos yields the
    ?
    highest rent prices out of 57 condos in the Mimico neighbourhood

    High Demand

    Waterscapes Condos is the
    ?
    most popular building out of 57 condos in the Mimico neighbourhood

    Transaction Insights at 80 Marine Parade Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$570,000 - $635,000No DataNo DataNo DataNo Data
    Avg. Cost Per Sqft$996No DataNo DataNo DataNo Data
    Avg. Wait for Unit Availability44 Days67 Days123 Days71 Days631 Days
    Ratio of Units in Building45%28%10%18%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Mimico