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    5 Marine Parade Drive

    Grenadier Landing Condos

    Highlights

    Property Type:
    Condo
    Number of Storeys:
    12
    Number of Units:
    259
    Condo Completion:
    2003
    Condo Demand:
    Medium
    Unit Size Range:
    615 - 2,700 SQFT
    Unit Availability:
    Medium
    Property Management:

    Amenities

    Guest Suites
    Rec Room
    Games Room
    BBQs Allowed
    Indoor Parking
    Party Room
    Gym
    Bike Storage
    Concierge
    Visitor Parking
    Rooftop Deck
    Amenity details for reference only. Independently verify accuracy.

    About 5 Marine Parade DriveGrenadier Landing Condos

    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.

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Not Included
    Water
    Not Included

    Listing History for Grenadier Landing Condos

    Nov, 2025
    5 Marine Parade Dr, unit 518 for sale
    Unit 518
    Nov 13, 202521 days on strata
    Sold for $580,000Listed for $585,0001 bd + 1 | 2 ba | 700 sqft | 1 pkg
    5 Marine Parade Dr, unit 805 for sale
    Unit 805
    Nov 11, 202530 days on strata
    Sold for $1,000,000Listed for $1,250,0002 bd | 2 ba | 1,300 sqft | 1 pkg
    Receive listing updates for Mimico

    Reviews for Grenadier Landing Condos

    Luna Hebert
    December 21 2024
    Owner
    5 out of 5
    I've been living in this building for three years, and it's a great place with a strong sense of community, comfort, and stability. The management team is always approachable and ready to assist whenever I need help. I'm thankful to call this place home.
    Martin D
    June 25 2025
    5 out of 5
    A cool condominium with a great view of the lake sounds like a perfect spot for a relaxing living experience!
    1

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    3

    Listings For Rent

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    Similar Condos

    Explore Mimico

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    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.

    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%



    Days on Strata

    Units at Grenadier Landing Condos spend an average of
    39
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Mimico

    Turnover of Units

    On average, each unit is owned for
    5.3
    YEARS before being sold again

    Property Value

    -11%
    Decrease in property value within the past twelve months

    Price Ranking

    27th
    Highest price per SQFT out of 62 condos in the Mimico area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    8
    Units were Rented over the past twelve months

    Best Value Rank

    Grenadier Landing Condos offers the
    ?
    best value out of 62 condos in the Mimico neighbourhood

    Appreciation Rank

    Grenadier Landing Condos has the
    ?
    highest ROI out of 62 condos in the Mimico neighbourhood

    Rental Yield

    Grenadier Landing Condos yields the
    ?
    highest rent prices out of 62 condos in the Mimico neighbourhood

    High Demand

    Grenadier Landing Condos is the
    ?
    most popular building out of 62 condos in the Mimico neighbourhood

    Market Insights

    Transaction Insights at Grenadier Landing Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$550,000 - $572,500$575,000 - $625,000$820,000 - $1,200,000No DataNo DataNo Data
    Avg. Cost Per Sqft$849$871$923No DataNo DataNo Data
    Avg. Wait for Unit Availability142 Days58 Days114 Days681 DaysNo DataNo Data
    Ratio of Units in Building18%44%34%5%2%1%

    Market Inventory

    Total number of units listed and sold in Mimico