Maintenance Fees
Hearthstone by the Bay Condos vs The Mimico Area
for sale
45 Days on Strata
- Est Sell Timeframe:
- 22 Days
1108 - 3 Marine Parade Dr
$510,000
2 Beds
2 Bath
1 Parking
926 SQFT
Price History
- Maintenance Fees:
- $929/mth
- Taxes:
- $3,446 (2025)
- Property Type:
- Condo
- Cost Per Sqft:
- $551/sqft
- Outdoor Space:
- Balcony
- Locker:
- Owned
- Possession Date:
- TBD
- Exposure:
- North East
Amenities
Concierge
Gym
Games Room
Indoor Pool
Media Room
About this Listing
Elegant Corner Suite at Hearthstone by the Bay Refined Retirement Living! A rare opportunity to own a sophisticated 2-bedroom, 2-bath corner residence in Hearthstone by the Bay- Etobicoke's premier retirement condominium community. This bright, northeast-facing suite offers an abundance of natural light and partial views of Lake Ontario. Enjoy the freedom of condo ownership, paired with the convenience of curated services designed to enhance your lifestyle. The mandatory monthly Club Fee includes weekly housekeeping, dining room meal credits, 24-hour access to an on-site nurse, engaging fitness classes, social programs, and a private shuttle to nearby shopping and local amenities. Need more support down the road? Simply tailor your services as you go pay only for what you need. A flexible, elevated approach to retirement living that stands apart from traditional options. A warm, welcoming home in a truly exceptional community. Don't miss out.*Mandatory Service Package Extra **EXTRAS** Mandatory Club Fee: $1923.53 +Hst Per Month. Includes a Variety of Services. Amenities Incl: Movie Theatre, Hair Salon, Pub, Billiards Area, Outdoor Terrace. Note: $265.06+Hst Extra Per Month for Second Occupant.
ExtrasFridge, Dishwasher, Microwave, Washer & Dryer, All Electric Light Fixtures, All Window Coverings. 1 Locker.
royal lepage real estate associates, larose teamMLS® #W12450033
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Not Included
- Air Conditioning
- Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Heat Pump
- Heat Source
- Electric
- Air Conditioning Type
- Central Air
Dimensions
- Living
- 17.39 x 12.47ft
- Laminate, Combined with Dining, Large Window
- Dining
- 17.39 x 12.47ft
- Laminate, Combined with Living, Large Window
- Kitchen
- 10.17 x 8.2ft
- Tile Floor, Built-in Appliances, Stainless Steel Appliances
- Primary
- 11.81 x 10.83ft
- Carpet, Closet, 3 Piece Ensuite
- Bedroom
- 11.48 x 10.17ft
- Carpet, Closet, Walkout To Balcony
- Sunroom
- 9.84 x 7.87ft
- Tile Floor, Windows Floor to Ceiling, Ne View
Buyer's Market
Balanced
Seller's Market
Building Spotlight
Similar Listings
Explore Mimico
Map
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.
Mortgage Calculator
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
Household Income
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%
Building Trends At Hearthstone by the Bay Condos
Days on Strata
Units at Hearthstone by the Bay Condos spend an average of
35
Days on Strata
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
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Mimico
Turnover of Units
On average, each unit is owned for
7.1
YEARS before being sold againProperty Value
-2%
Decrease in property value within the past twelve months
Price Ranking
47th
Highest price per SQFT out of 62 condos in the Mimico area
Sold Units
12
Units were Sold over the past twelve months
Rented Units
2
Units were Rented over the past twelve months
Best Value Rank
Hearthstone by the Bay Condos offers the best value out of 62 condos in the Mimico neighbourhood
?
Appreciation Rank
Hearthstone by the Bay Condos has the highest ROI out of 62 condos in the Mimico neighbourhood
?
Rental Yield
Hearthstone by the Bay Condos yields the highest rent prices out of 62 condos in the Mimico neighbourhood
?
High Demand
Hearthstone by the Bay Condos is the most popular building out of 62 condos in the Mimico neighbourhood
?
Market Insights
Transaction Insights at Hearthstone by the Bay Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | $253,000 - $785,000 | $412,500 - $448,000 | $425,000 - $669,000 | $789,900 - $811,000 |
| Avg. Cost Per Sqft | $514 | $579 | $654 | $700 |
| Price Range | $4,000 | $4,300 | No Data | No Data |
| Avg. Wait for Unit Availability | 243 Days | 136 Days | 90 Days | 142 Days |
| Avg. Wait for Unit Availability | 1008 Days | 425 Days | 298 Days | 1142 Days |
| Ratio of Units in Building | 14% | 26% | 42% | 20% |
Market Inventory
Total number of units listed and sold in Mimico
