Skip to main

    229 - 58 Marine Parade Dr

    For SaleExplorer At Waterview Condos
    $548,888
    1 Bed
    1 Bath
    1 Parking
    587 SQFT
    6 Days on Strata
    Est Sell Timeframe
    12 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $667/mth
    Taxes:
    $2,206 (2024)
    Cost Per Sqft:
    $935/sqft
    Locker:
    Owned
    Outdoor Space:
    Terrace
    Exposure:
    North
    Possession Date:
    January 15, 2025
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Parking
    Building Maintenance
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Heat Pump

    Room Dimensions

    Kitchen
    O/Looks Living, Double Sink, Modern Kitchen
    8.3 x 7.87ft
    Living
    O/Looks Garden, Laminate, Walkout To Terrace
    16.01 x 11.91ft
    Dining
    Combined with Living, Laminate, Open Concept
    16.01 x 11.91ft

    About this Listing

    Rare opportunity to acquire a cute affordable renovated lakefront condo with parking and large locker. Discover one of the finest buildings in the highly sought-after Humber Bay Shores community. Nestled along the edge of the Etobicoke waterfront, this vibrant neighborhood is just steps away from everything you need. Enjoy dining and entertainment at local hot spot favorites like Eden Trattoria, Firkins, Scaddabush, La Vecchia and others. Shopping and essentials are within minutes - boutiques, cafes. specialty shoppes, Metro, Sobeys, Rabbas, Shoppers Drug Mart, and LCBO. Recreation opportunities abound with farmer markets, beaches, parks, yacht clubs, and miles of scenic bike and walking trails. This quaint, renovated condo offers a large terrace overlooking the court yard and is the perfect opportunity for first-time buyers, downsizers, or those seeking cozy, low-maintenance living. Its also an ideal pied-a-terre to enjoy the serene natural beauty and vibrant energy of this waterfront community. Step outside and watch sailboats glide by as you take in stunning sunrises and sunsets. This well-managed, beautifully maintained building offers top-tier amenities, including an indoor swimming pool, a fitness center, party room, theater, car wash, guest suites, and visitor parking, to name a few. Perfectly located just 20 minutes from downtown Toronto, Explorer Condos provides easy access to two airports, theatres, cultural hot spots, private clubs and the nearby Marina/Mimico Cruising Club. This is more than a place to live its a vibrant community with an unbeatable waterfront vibe. Experience the best of waterfront living today!

    re/max premier inc.MLS® #W11895070


    Amenities

    Concierge
    Indoor Pool
    Security System
    Sauna
    Games Room
    Gym Room

    Explore Neighbourhood

    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    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.

    Similar Listings

    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

    Explorer At Waterview Condos vs The Mimico Area

    Days on Strata

    Units at Explorer At Waterview Condos spend an average of
    34
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    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
    5.8
    YEARS before being sold again

    Property Value

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

    Price Ranking

    18th
    Highest price per SQFT out of 57 condos in the Mimico area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    19
    Units were Rented over the past twelve months

    Best Value Rank

    Explorer At Waterview Condos offers the
    ?
    best value out of 57 condos in the Mimico neighbourhood

    Appreciation Rank

    Explorer At Waterview Condos has the
    ?
    highest ROI out of 57 condos in the Mimico neighbourhood

    Rental Yield

    Explorer At Waterview Condos yields the
    ?
    highest rent prices out of 57 condos in the Mimico neighbourhood

    High Demand

    Explorer At Waterview Condos is the
    ?
    most popular building out of 57 condos in the Mimico neighbourhood

    Transaction Insights at 58 Marine Parade Drive

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$442,000$522,500$675,000No Data$1,050,000 - $1,450,000No DataNo Data
    Avg. Cost Per Sqft$1,170$942$931No Data$1,006No DataNo Data
    Avg. Wait for Unit Availability461 Days76 Days95 Days124 Days115 DaysNo DataNo Data
    Ratio of Units in Building7%28%20%21%26%1%1%

    Transactions vs Inventory

    Total number of units listed and sold in Mimico