5 Marine Parade DrUnit 1109
2Beds
3Bath
1600 - 1799SQFT
SOLD
Sold for $1,350,000
1600 - 1799SQFT
5 Marine Parade DrUnit 1109
SOLD
Sold for $1,350,000
2Beds
3Bath
1600 - 1799SQFT
Walk Score
64
Transit Score
77
Bike Score
70
© MapTiler © OpenStreetMap
0
CONDO Demand
HIGH
Unit Availability
AVERAGE
Property Type
Condo
Developer
Davies Smith Developments
Condo Completion
2003
Property Management
Wilson Blanchard Property Management
Unit Size Range
634 - 2605 SQFT
Number of Units
259
Number of Storeys
12
List Price
$1,398,800
Sold per SQFT for
$795/sqft
Total Days on Market
4
Maintenance
$1,340/mth
Taxes
$4,852
Property Type
Condo
CONDO Demand
HIGH
Unit Availability
AVERAGE
Locker
Yes
Parking
Yes
Outdoor Space
Open
Exposure
South East

Listing Summary

SOLD! Unit #1109 at 5 Marine Parade Dr sold for $1,350,000 on the 13th of June, 2021, down $48,800 from the list price of $1,398,800, or 3.5% below the list price, with 4 days on market. if you have any questions about this unit or building!

About the Property

*Breathtaking Unobstructed Lake Views From This S/E Corner Suite* Walls Of Windows - Enjoy Sunrises, Sailboats, Cn Tower & City Skyline* This 1610 Sq Ft (Per Mpac) Suite Offers 3 Baths, Spacious Bedrooms, 2 Balconies, Gas Fp, Storage, 2 Car Pkg & Locker* Just Unpack, & Enjoy Walks Along The Waterfront Trail* Steps To Restaurants, Gelato Shops, Local Retailers, Humber Bay Shores Park & Farmer's Market* Easy Access To Downtown Via Ttc & Gardiner Express*

Extras

*Enjoy The Community Feel Of This Well-Managed And Well-Maintained Building With Helpful 24/7 Concierge, Guest Suites, Media Room/Cinema, Gym, Games/Party Room, Convenience Store And Friendly Neighbours*

Brokerage: royal lepage signature realty, brokerageMLS® #W5267660

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Tuesday
22
June
Wednesday
23
June
Thursday
24
June

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Room Dimensions

AreaFeet | MetersDetails
Living25.66 x 15.98ftWalkout To Balcony, Gas Fireplace, Hardwood Floor
Kitchen12.96 x 10.76ftEat-In Kitchen, Stainless Steel Appliances, Window Flr To Ceil
Bedroom15.32 x 10.93ft5 Piece Ensuite, Walk-in Closet, Walkout To Balcony
2nd Bedroom13.32 x 9.32ft4 Piece Ensuite, Walk-in Closet, Walkout To Balcony

Maintenance Fees Cover

Maintenance Fees Include

Hydro
Heat
Air Conditioning
Water
Parking
Building Insurance

Owner Pays Separately

None

Amenities

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

Listing History for Unit 1109

Stats, Trends & Rankings

Price Per Square Foot For Sale
Price Per SQFT For Sale
SaleRent
Grenadier Landing Condos vs The Mimico Area
SaleRent

$27
More Expensive
per SQFT compared to the neighbourhood average
Grenadier Landing Condos's Avg
price per SQFT
$879
/ SQFT
Neighbourhood Avg
price per SQFT
$852
/ SQFT

Building Trends At Grenadier Landing Condos

Days on Market

Units at Grenadier Landing Condos spend an average of
22
Days on Market
based on recent sales

List vs Selling Price

On average, these condos sell for
3%
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
5.5
YEARS before being sold again

Property Value

-7%
Decrease in property value within the past twelve months

Price Ranking

22nd
Highest price per SQFT out of 50 condos in the Mimico area

Sold Units

18
Units were Sold over the past twelve months

Rented Units

16
Units were Rented over the past twelve months

Best Value

Grenadier Landing Condos offers the
?
best value out of 50 condos in the Mimico neighbourhood

Return on Investment

Grenadier Landing Condos has the
?
highest ROI out of 50 condos in the Mimico neighbourhood

Rental Yield

Grenadier Landing Condos yields the
?
highest rent prices out of 50 condos in the Mimico neighbourhood

High Demand

Grenadier Landing Condos is the
?
most popular building out of 50 condos in the Mimico neighbourhood

Sales vs Rental Values For This Condo

Average Cost Per SQFTSales Price RangeRental Price Range
1 Bed640 - 680 SQFT$860$528,000 - $576,000$1,700 - $1,850
1 Bed + Den697 - 900 SQFT$844$595,000 - $700,000$2,000 - $2,450
2 Bed849 - 2605 SQFT$834$721,000 - $2,499,000$2,400 - $4,700
2 Bed + Den900 - 900 SQFT
N/A
N/A
$2,850 - $2,850
1 Bed640 - 680 SQFT
Average Cost Per Sqft
$860
Sales Price Range
$528,000 - $576,000
Rental Price Range
$1,700 - $1,850
1 Bed + Den697 - 900 SQFT
Average Cost Per Sqft
$844
Sales Price Range
$595,000 - $700,000
Rental Price Range
$2,000 - $2,450
2 Bed849 - 2605 SQFT
Average Cost Per Sqft
$834
Sales Price Range
$721,000 - $2,499,000
Rental Price Range
$2,400 - $4,700
2 Bed + Den900 - 900 SQFT
Average Cost Per Sqft
N/A
Sales Price Range
N/A
Rental Price Range
$2,850 - $2,850

How Often Are Units Listed?

Average Sales AvailabilityAverage Rental AvailabilityRatio of Unit Type in Building
1 Bed634 - 805 SQFT
Every117Days
Every109Days
18%
1 Bed + Den650 - 984 SQFT
Every43Days
Every46Days
43%
2 Bed657 - 2605 SQFT
Every88Days
Every59Days
33%
2 Bed + Den900 - 1200 SQFT
Every552Days
Every688Days
5%
3 Bed2049 - 2049 SQFT
N/A
N/A
2%
3 Bed + Den2154 - 2154 SQFT
N/A
N/A
1%
1 Bed634 - 805 SQFT
Average Sales Availability
Every117Days
Average Rental Availability
Every109Days
Ratio of Unit Type in Building
18%
1 Bed + Den650 - 984 SQFT
Average Sales Availability
Every43Days
Average Rental Availability
Every46Days
Ratio of Unit Type in Building
43%
2 Bed657 - 2605 SQFT
Average Sales Availability
Every88Days
Average Rental Availability
Every59Days
Ratio of Unit Type in Building
33%
2 Bed + Den900 - 1200 SQFT
Average Sales Availability
Every552Days
Average Rental Availability
Every688Days
Ratio of Unit Type in Building
5%
3 Bed2049 - 2049 SQFT
Average Sales Availability
N/A
Average Rental Availability
N/A
Ratio of Unit Type in Building
2%
3 Bed + Den2154 - 2154 SQFT
Average Sales Availability
N/A
Average Rental Availability
N/A
Ratio of Unit Type in Building
1%

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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