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Unit 606, 58 Marine Parade Drive, Mimico M8V 4G1

Price

$639,900

Bedrooms

1 Beds

Bathrooms

1 Baths

Size

700-799 sqft

Year Built

Not listed

Property Type

Condo

Property Taxes

$3276.42

Description

Welcome to one of the area's most sought-after waterfront residences-an exceptional low-rise, non-smoking building known for its peaceful atmosphere, premium amenities, and stunning lobby with direct access to the waterfront and scenic walking trails. This spacious 1+Den suite offers an impressive 797 sq. ft. of living space-significantly larger than many comparable units in the area, plus two separate balconies! The balcony off the primary bedroom show cases expansive lake views, while both offer the beautiful western sun, and the tranquil sound of the fountain below. Designed with both comfort * functionality in mind, the open-concept layout features a well-appointed kitchen with a rare built-in pantry, matching stainless steel appliances, wraparound granite countertops, a breakfast bar, and conveniently tucked-away laundry. The main living area is enhanced by soaring 9-foot ceilings and a versatile den, ideal for a home office, guest room, or additional living space. The generous primary suite easily accommodates a king-size bed and includes a semi walk-in closet complete with built-in shelving. Included with the unit are one underground parking space and one storage locker, along with access to an entire level of visitor parking. Residents enjoy an outstanding selection of resort-style amenities, including an indoor pool, whirlpool, his-and-hers saunas, fitness center, billiards room, theatre room, library, business center, meeting room, massage room, guest suites, and a spacious party room with kitchen and outdoor patio. An under ground car wash adds even more convenience. As an added bonus, residents have direct access to the building's on-site restaurant and can even enjoy complimentary delivery service. **Investor Opportunity** The current owners are willing to lease the unit back for a minimum of two years, providing an attractive turnkey investment opportunity.

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$0 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$511,920

Total Interest Payments

$315,630

Total Payment (Principal + Interest)

$827,550

Get An Estimate On Selling Your House

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

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Meet Ken Matsumoto

Meet Ken Matsumoto

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

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