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$589,900
80 Marine Parade Drive · Toronto · Ontario M8V 0A3
121 days on market
Experience stunning lake views and spectacular sunsets from this bright, modern one-bedroom suite, wrapped in floor-to-ceiling windows. The open-concept kitchen, dining, and living areas flow seamlessly onto an oversized circular balcony, perfect for soaking in the sunshine and breathtaking scenery. Enjoy world-class amenities, a welcoming 24-hour concierge, and direct access to the shores of Lake Ontario for relaxing walks or evening jogs. Conveniently located with easy transportation, this lak…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
↓ $10KPrice reduction
MLS shows the seller reduced the asking price by $10,000 (from $599,900 to $589,900).
Motivated SellerWhy this label
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: RE/MAX REAL ESTATE CENTRE INC.
Source: TRREB/PROPTX · MLS® W13482190
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~750 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 42% of your true cost of ownership. The other 58% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $26,855 | $2,238/mo |
| Government & taxes | ||
| Property tax | $3,009 | $251/mo |
| Land transfer tax(closing) | $8,273 | $689/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $5,899 | $492/mo |
| Condo fees | ||
| Condo / HOA fees | $8,748 | $729/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $63,444 | $5,287/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.