1707 - 3 Marine Parade Drive

Nestled in the vibrant area of Mimico, this splendid apartment for sale in Etobicoke is located at 3 Marine Parade Drive, Etobicoke. This upgraded one-bedroom suite is situated within a highly sought-after retirement condominium, offering a unique opportunity for individuals looking for a retirement option that combines comfort and independence. Unlike many retirement living arrangements that are rental-only, this property allows you to own your home while still enjoying comprehensive retirement services.

The apartment for sale in Etobicoke features a well-designed layout, encompassing a total of five rooms, including a spacious bedroom and a bathroom. The main kitchen is conveniently located, making it easy to prepare meals and entertain guests. Although the apartment does not include a den or any additional rooms, the thoughtful design ensures that every space is utilised effectively. The suite is unfurnished, allowing you to personalise the interior to suit your tastes and preferences.

At 3 Marine Parade Drive, Etobicoke, residents can take advantage of central air conditioning, ensuring a comfortable living environment throughout the year. However, it is important to note that this apartment does not feature a fireplace, which may be a consideration for those who enjoy the warmth and ambience that a fireplace provides. Additionally, there is no basement, garage space, or parking available, which is something to keep in mind for prospective buyers.

One of the standout features of this apartment for sale in Etobicoke is the mandatory service package that enhances the living experience. Priced at $1,923.53 plus HST per month, this package includes four hours of housekeeping, a dining credit of $277.50 for the on-site restaurant, and access to a registered nurse around the clock. Furthermore, residents can partake in daily fitness and social programmes, fostering a sense of community and engagement. A private shuttle service is also available for shopping and local amenities, adding to the convenience of living in this vibrant area.

In addition to the mandatory service package, monthly condo fees apply, with various additional services available on an a-la-carte basis. This flexibility allows residents to tailor their experience according to their needs and preferences. The amenities within the condominium are noteworthy, featuring a movie theatre, hair salon, pub, billiards area, and an outdoor terrace, all designed to enhance the quality of life for residents.

The location of 3 Marine Parade Drive, Etobicoke, is ideal for those seeking a retirement option that is both affordable and rich in services. The community of Mimico is known for its welcoming atmosphere and proximity to local shops and services, making it a desirable place to live. Whether you are looking to enjoy leisurely walks along the waterfront or engage with neighbours in social activities, this area offers a fulfilling lifestyle.

For those interested in exploring this unique opportunity, the apartment for sale in Etobicoke at 3 Marine Parade Drive, Etobicoke, presents an exceptional value. With the combination of ownership and comprehensive retirement services, it is an ideal choice for individuals seeking a supportive and engaging environment. The affordability of this apartment, coupled with the extensive amenities and services, makes it a standout option in Toronto's competitive real estate market.

In conclusion, if you are searching for a retirement option that offers both independence and community, look no further than this apartment for sale in Etobicoke. With its prime location at 3 Marine Parade Drive, Etobicoke, and the numerous benefits included in the mandatory service package, this property is not to be missed. Experience comfort, peace of mind, and an exceptional lifestyle in this vibrant condominium community.

Mimico, nestled within the city of Etobicoke, is a charming lakeside neighbourhood that beautifully blends urban convenience with a serene, suburban atmosphere. Situated along the shores of Lake Ontario, it boasts picturesque waterfront parks and scenic walking trails, making it an ideal spot for outdoor enthusiasts. The area features a mix of residential options, from quaint bungalows to modern condominiums, catering to a diverse population. With its vibrant local shops, cafés, and restaurants, as well as easy access to public transport and major roadways, Mimico offers a welcoming and accessible environment for those seeking a balanced lifestyle close to the city’s amenities.

Schools in the Neighbourhood

This property is ideally situated near several reputable educational institutions, making it a great choice for families. Within a 1.5 km radius, you will find Swansea Junior and Senior Public School, which offers both English and French programs for grades JK to 8, boasting an impressive school rating of 8.3. St. Mark Catholic School, located just 1.2 km away, provides a strong elementary education in English and has a rating of 7.9. For older students, Western Technical-Commercial School and Bishop Allen Academy are within 3.0 km and 2.3 km, respectively, offering high school education with ratings of 7.2 and 9. Additionally, St. Louis Catholic School and James Culnan Catholic School cater to younger students, with a focus on French language instruction. The presence of both public and Catholic schools in the vicinity ensures diverse educational options for children of all ages, promoting a well-rounded academic experience. With such a variety of schools nearby, this property is not only a comfortable home but also a gateway to quality education for your family.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 8,524 residents, characterized by an average household size of 1.6 individuals. The community has a median age of 42.1 years and an average household income of $121,800, indicating a relatively affluent demographic. However, 13.9% of the population is classified as low-income. The housing market is robust, with an average property price of $748,000, and the area is predominantly composed of condominiums, accounting for 100% of the housing stock. Nearly half of the residents (49.44%) are single, and 18.93% live in households with children. The community is notably diverse, with 48.49% of residents being immigrants. Additionally, a significant portion of the population, 44.75%, are renters, reflecting a dynamic rental market. Education levels are high, with 78.11% of the population holding a college or university degree. However, 23.22% of residents are not in the labor force, which may influence the local economy. Overall, this area presents a unique blend of demographics, showcasing a well-educated, diverse, and primarily rental-oriented community.