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$700,000
DOM80days3 Marine Parade Drive · Toronto · Ontario M8V 3Z5
80 days on market
Experience the finest in luxury retirement living at Hearthstone by the Bay. This exceptional penthouse-level 2-bedroom, 2-bathroom suite offers beautiful lake views and an abundance of natural light through expansive windows, creating a bright, warm, and welcoming living space.Thoughtfully designed for comfort and ease, this spacious suite is complemented by an unparalleled lifestyle in one of Etobicoke's premier retirement communities. The mandatory Hearthstone Club Package provides residents…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
No price-drop or motivated-seller signals detected from MLS data we track on this listing.
Property history
Comparable sales
Brokered by: Royal Lepage Real Estate Associates, Larose Team
Source: TRREB/PROPTX · MLS® W13634732
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20%+ down — no CMHC premium
≈ $0.13/ft² × ~1,100 ft² · incl. electric heat
Electric heat — no gas service · see hydro
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 43% of your true cost of ownership. The other 57% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $31,867 | $2,656/mo |
| Government & taxes | ||
| Property tax | $3,529 | $294/mo |
| Land transfer tax(closing) | $10,475 | $873/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $7,000 | $583/mo |
| Condo fees | ||
| Condo / HOA fees | $12,706 | $1,059/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 | $74,737 | $6,228/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.