Maintenance Fees
Hearthstone by the Bay Condos vs The Mimico Area
for sale
24 Days on Strata
- Est Sell Timeframe:
- 22 Days
1109 - 3 Marine Parade Dr
$399,900
1 Bed
1 Bath
1 Parking
733 SQFT
Price History
- Maintenance Fees:
- $750/mth
- Taxes:
- $1,682 (2025)
- Property Type:
- Condo
- Cost Per Sqft:
- $546/sqft
- Outdoor Space:
- Juliet Balcony
- Locker:
- Owned
- Possession Date:
- Nov 12
- Exposure:
- East
Amenities
Concierge
Gym
Lap Pool
Media Room
Rec Room
About this Listing
Hearthstone by the Bay. Retirement Living at its Finest! Lower Monthly Costs Than a Retirement Home! Privacy Of Your Own Condo with Curated Services Tailored to Your Needs! Spacious, Well Maintained 733 Sq. Ft. One Bedroom with Den and Sun Filled Sunroom with Partial Lake Views. Open Concept Living and Dining Space. Freshly Painted Throughout with Ample Storage and Large Separate Locker. Mandatory Service Package Includes: 24 Hour Concierge Service, Security System, 24Hour On-Site Nurse, Exercise Room, Fitness Classes, Wellness Programs, Social Activities, Dining Room and Pub Credits for Chef Inspired Meals, Housekeeping Credit, Indoor Therapeutic Lap Pool, Gym, Movie Theater, Library, Billiard Lounge, Outdoor Terraces, Shuttle Services to Nearby Shopping and Local Amenities and So Much More! Enjoy a Wonderful Condominium Community, with Daily Social Gatherings and Amazing Amenities. Minutes to Downtown Toronto, Humber Bay Shores, Waterfront Trails and Parks, Waterfront Cafes and Restaurants, Metro and Public Transit. A "One of a Kind", Premier Retirement Residence in the GTA! Mandatory Service Package ($2,173.59 + HST Monthly). An Additional $265.06 + HST Monthly For a Second Occupant.
ExtrasFridge, Stove with Ceran Cook Top, Built In Dishwasher, Stackable Washer & Dryer, All Attached Electrical Light Fixtures, All Window Coverings, 1 Locker, 1 Parking Spot
royal lepage real estate services ltd.MLS® #W12488630
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
- Gas
- Air Conditioning Type
- Central Air
Dimensions
- Living
- 17.49 x 10.3ft
- Combined with Dining, Juliette Balcony, Crown Moulding
- Dining
- 17.49 x 10.3ft
- Combined with Living, Laminate, Open Concept
- Kitchen
- 9.19 x 6.76ft
- O/Looks Living, Ceramic Floor, Open Concept
- Primary
- 12.34 x 12.34ft
- Double Closet, Laminate, Walkout To Sunroom
- Den
- 6.92 x 6.76ft
- Open Concept, Laminate, Crown Moulding
- Sunroom
- 9.84 x 6.92ft
- Glass Doors, Ceramic Floor, Overlooks Water
Buyer's Market
Balanced
Seller's Market
Building Spotlight
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7/10
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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
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
