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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Etobicoke
  • Mimico
  • 5 Marine Parade Drive
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  • Sold Sold in Nov 2025
  • Condo Apt

518 - 5 Marine Parade Drive

Etobicoke, Mimico
  • 1 + 1 Bedrooms
  • 2 Bathrooms
  • 1 Garage
  • Share
Sold Price: $ 580,000
Listed Price: $ 585,000
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Key Facts About 518 - 5 Marine Parade Drive, Etobicoke

  • Tax $2,496 / 2025
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $699.06
  • Building Age 16-30
  • Size 700 - 799 feet²
  • Parking 1 garage, 1 parking
  • Listing # W12477947
  • Data Source PROPTX
  • Days on Market 20
  • Listed On 23/10/2025
  • Updated On 13/11/2025
  • Market Demand
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Description

Welcome to Grenadier Landing, where comfort meets convenience in this spacious and beautifully maintained 1+1 bedroom, 2-bathroom condo. This thoughtfully designed unit offers over 700 square feet of functional living space, ideal for professionals, downsizers, or anyone seeking a modern lifestyle by the waterfront. The generous primary bedroom features a large closet and a private 4-piece ensuite, offering a perfect retreat at the end of the day. The versatile den is ideal as a home office, guest room, or second bedroom, providing the flexibil

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Property Details of 518 - 5 Marine Parade Drive, Etobicoke

Property

  • Property Type Condo Apt
  • Style Apartment
  • Community Mimico
  • Municipality Etobicoke

Inside

  • Bedrooms 1
  • Bathrooms 2
  • Bathroom Details 1, 3pc Main
  • Bathroom Details 1, 4pc Main
  • Kitchen 1
  • Rooms 4
  • Family Rooms N
  • Central Vac N
  • Fireplace N

Utilities

  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 700 - 799 feet²
  • Architecture Style Apartment
  • Exterior Feature Concrete
  • Amenities Gym, Party Room/Meeting Room, Concierge, Media Room, Guest S...View More
  • Building Age 16-30

Parking

  • Drive Way Underground
  • Garage Type Underground
  • Garage 1
  • Parking Places 1
  • Total Parking Places 2

Land

  • Cross Street Lakeshore and Parklawn

Features

  • Beach Y
  • Greenbelt/Conservation Y
  • Public Transit Y
  • Marina Y
  • Lake Access Y
  • Park Y

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Our Estimate

See Real Estate Market Trends in Etobicoke

Estimated Rent

$ 2,715

Rental Yield

5.11%

School Score

8.5/10

Rental Score

5/5

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Rooms

Foyer (2.82X1.17 metre)
Level: Main
Den (2.46X2.77 metre)
Level: Main
Kitchen (2.74X2.36 metre)
Level: Main
Living Room (4.6X3.45 metre)
Level: Main
Bedroom (3.61X2.92 metre)
Level: Main

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,268

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $699
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Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 518 - 5 Marine Parade Drive, Etobicoke

Welcome to the splendid apartment for sale in Etobicoke , located at 5 Marine Parade Drive, Etobicoke. This exceptional condo apartment, nestled within the well-regarded Grenadier Landing, offers a perfect blend of comfort and convenience. With a generous living space of over 700 square feet, this beautifully maintained 1-bedroom, 2-bathroom unit is ideal for professionals, downsizers, or anyone seeking a modern lifestyle by the waterfront in the vibrant area of Toronto.

As you enter this inviting apartment for sale in Etobicoke, you will be greeted by a thoughtfully designed layout that maximises functionality. The primary bedroom is a generous size, featuring a large closet and a private 4-piece ensuite bathroom, providing a serene retreat at the end of a busy day. The apartment boasts a total of four rooms, including a versatile den that can serve as a home office, guest room, or even a second bedroom, offering flexibility to suit your lifestyle needs. Additionally, the presence of a second full 3-piece bathroom ensures convenience for guests or family members.

The heart of the home is undoubtedly the modern kitchen, located on the main level. It is equipped with stainless steel appliances, a breakfast bar, and ample cabinetry, making both cooking and entertaining a delightful experience. The open-concept living and dining area flows seamlessly onto an east-facing balcony, allowing you to enjoy your morning coffee while taking in the fresh air and the beautiful surroundings.

This apartment for sale in Etobicoke also includes one underground parking space, ensuring that your vehicle is secure and easily accessible. Furthermore, a secure storage locker is provided for your convenience, allowing you to keep your living space clutter-free. The building itself is constructed of durable concrete, reflecting a commitment to quality and longevity, and is well-maintained, with an age range of 16 to 30 years.

Grenadier Landing is not just a residence; it is a community that offers a wealth of amenities designed to enhance your lifestyle. The building features a 24-hour concierge service, providing peace of mind and assistance whenever needed. For those who enjoy staying active, there is an exercise room, as well as media and party rooms for social gatherings. The billiards and table tennis facilities are perfect for entertaining friends or unwinding after a long day.

The landscaped courtyard, complete with BBQ facilities, invites you to enjoy outdoor gatherings, while the library and hobby room cater to your creative interests. Guests can also take advantage of the comfortable guest suites available within the building. For visitors, there is ample visitor parking, making it easy for friends and family to come and enjoy your new home.

One of the standout features of this apartment for sale in Etobicoke is its superb location. Just moments away from the scenic waterfront, residents can easily access the Martin Goodman Trail, Humber Bay Shores Park, and a variety of cafes and restaurants. The proximity to public transport, including TTC access, ensures that you are well-connected to the rest of Toronto, offering the perfect balance between nature and city living.

The monthly condo fees at Grenadier Landing are all-inclusive, covering utilities such as heat, hydro, and water, with only cable and internet as additional expenses. This makes budgeting straightforward and hassle-free.

In summary, this apartment for sale in Etobicoke at 5 Marine Parade Drive, Etobicoke, is an outstanding opportunity for those seeking a modern, convenient lifestyle in a vibrant community. With its impressive features, excellent amenities, and prime location, it truly is a place to call home. Don’t miss the chance to make this beautiful condo your own.

Mimico, nestled within the vibrant city of Etobicoke, offers a charming blend of urban convenience and lakeside tranquility. This picturesque neighbourhood is situated along the shores of Lake Ontario, providing residents with stunning waterfront views and access to scenic parks and walking trails. The area boasts a rich history, reflected in its diverse architecture and welcoming atmosphere. With a variety of local shops, cafes, and restaurants, as well as excellent transport links to downtown Toronto, Mimico presents an appealing option for those seeking a balanced lifestyle that combines the best of both city living and natural beauty.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. The closest option is Swansea Junior and Senior Public School, just 1.5 km away, offering both English and French instruction for grades JK to 8, with a commendable school rating of 8.3. Another nearby school is St. Mark Catholic School, located only 1.3 km from the property, providing a strong Catholic education for grades JK to 8, rated at 7.9. For older students, Western Technical-Commercial School, situated 3.0 km away, serves grades 9 to 12 and has a rating of 7.2. Additionally, Bishop Allen Academy, a Catholic high school 2.4 km from the property, boasts an impressive rating of 9. For younger children, St. Louis Catholic School offers French instruction for grades JK to 4, located 2.1 km away, rated at 7. Lastly, James Culnan Catholic School, although a bit farther at 3.6 km, provides French education for grades JK to 5, with a rating of 5.1. Overall, the area is rich in educational opportunities, catering to a range of learning preferences and age groups.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 8,524 residents, with an average household size of 1.6 individuals. The demographic profile reveals an average age of 42.1 years, indicating a mature community. The average household income stands at a substantial $121,800, although 13.9% of the population is classified as low-income. The real estate market is characterized by an average property price of $748,000, with 100% of the housing stock consisting of condominiums. The community is diverse, with nearly half (48.49%) of the residents being immigrants, and a significant portion of the population (49.44%) is single. Families with children represent 18.93% of households, while renters make up 44.75% of the housing demographic. Education levels are high, with 78.11% of residents holding a college or university degree. However, 23.22% of the population is not actively participating in the labor force, which may reflect various socio-economic factors. Overall, this area presents a vibrant and educated community with a mix of families and individuals, making it an attractive location for potential homeowners and investors alike.

FAQs About 518 - 5 Marine Parade Drive, Etobicoke

How many bathrooms does this property have?

This property features 2 bathroom(s) and 1 bedroom(s).

Does this 1 bedroom property have additional bedrooms or a den?

This Condo Apt property includes 1 additional bedrooms.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 1 bed property in Etobicoke is 700 - 799.

How many parking spaces are available with this property?

5 Marine Parade Drive boasts 1 convenient parking spaces.

How many cars can be parked in the garage of 5 Marine Parade Drive?

This property features a garage with space for 1 cars.

What type of garage does this property have?

This property includes an Underground garage with space for 1 cars.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $699.06.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 518 - 5 Marine Parade Drive, Etobicoke

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