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$539,000
5 Marine Parade Drive · Toronto · Ontario M8V 4B4
44 days on market
Lake Views, South Exposure & Waterfront Living! Welcome To This Bright And Spacious One-Bedroom Suite At Grenadier Landing, Offering A Spectacular South-Facing Exposure With Beautiful Views Of Lake Ontario. Large Windows Fill The Open-Concept Living And Dining Area With Natural Light, While The Private Balcony Provides The Perfect Place To Enjoy The Stunning Waterfront Setting. The Upgraded Modern Kitchen Features Stainless Steel Appliances And Opens Seamlessly To The Living/Dining Area, Creatin…
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 $549,000 to $539,000).
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 ULTIMATE REALTY INC.
Source: TRREB/PROPTX · MLS® W13760332
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~650 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 41% of your true cost of ownership. The other 59% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $24,538 | $2,045/mo |
| Government & taxes | ||
| Property tax | $2,885 | $240/mo |
| Land transfer tax(closing) | $7,255 | $605/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%) | $5,390 | $449/mo |
| Condo fees | ||
| Condo / HOA fees | $8,555 | $713/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 | $59,283 | $4,940/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.