901-110 Marine Parade Drive, Toronto, ON

Mimico, Toronto · MLS® W13143826

$1,269,888
For Sale
Listed 65 days ago
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3Bedrooms
3Bathrooms
1Garage
1000-1199Sq Ft

About this home

Welcome to Suite 901 at Riva Del Lago, a rare offering in one of Toronto's most sought-after waterfront communities. Perched above Humber Bay Shores, this exceptional residence commands sweeping, stunning views of Lake Ontario and the glittering Toronto skyline. Thoughtfully designed across 1,188 square feet of living space, the open-concept layout flows effortlessly from living to dining, ideal for sophisticated entertaining and everyday comfort alike. The chef's kitchen is a true standout, appointed with full-size appliances, sleek quartz countertops, and a dedicated wine fridge for the discerning entertainer. Both bedrooms are generously proportioned and feature their own private ensuites, offering a genuine sense of retreat. A stylish powder room serves guests with ease, while the versatile den provides the perfect home office, reading nook, or flex space to suit your lifestyle. A full-size in-suite laundry room completes this residence as a home that truly has it all. Beyond your suite, the Humber Bay Shores community delivers a vibrant waterfront lifestyle. Scenic lakeside trails, restaurants, shops, parks, and grocery stores all within easy reach, with seamless TTC and Highway access connecting you effortlessly to the rest of the city. Suite 901 is more than a home, it's waterfront living, redefined.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13143826
Bedrooms
3 (2 + 1)
Bathrooms
3 (1 half)
Size
1000-1199
Cross streets
Lake Shore Blvd W / Marine Parade Dr
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete
Maintenance
$1,201/mo
Exposure
South East
Property tax
$4,917 / 2025
Days on market
65
Listing brokerage
AURA SIGNATURE REALTY INC.

Rooms

BedroomFlat2.99 × 2.94 m

laminate · 3 pc ensuite · walk-in closet(s)

Primary BedroomFlat3.34 × 3.14 m

w/o to balcony · 4 pc ensuite · his and hers closets

DenFlat3.33 × 2.66 m

laminate · sliding doors · separate room

Dining RoomFlat6.46 × 5.10 m

laminate · combined w/living · open concept

Living RoomFlat6.46 × 5.10 m

laminate · w/o to balcony · combined w/dining

KitchenFlat4.03 × 2.48 m

laminate · backsplash · modern kitchen

Our TakeTeam Asgarian · Broker
Above comparables
$950Kest. value

Listed at $1,269,888, and my independent estimate is about 34% above what comparable homes suggest.

In Mimico lately, sellers get about 96% of asking; homes sell in ~40 days.

List price
$884KGreat deal$1.27MOverpriced

Total price vs nearby homes. Fair value about $950K, median of 14 comparables.

How this estimate is builtthe short version

I take the 14 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.

It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.09M, a bit higher.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Étienne Brûlé Junior School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 14 comparable homes nearby.

Comparable listingsCurrently listed nearby in Mimico · asking prices
$1.12Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

4305-38 Annie Craig Drive$1.34M2203-56 Annie Craig Drive$1.07M2703-56 Annie Craig Drive$1.04M2808-88 Park Lawn Road$1.03MLPH2906-88 Park Lawn Road$1.10M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.27MThis home1.34M1.07M1.04M1.03M1.10MThis home vs active comparables
Live market pulseActive comparables in Mimico · median list $884K
$1,155this home / sqft
36active listings nearby
65days on market
100sold nearby · 90 days
$618Kmedian sold price
96%of asking, on average

This home lists 32% above the area average of $878/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Mimico, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Niagara
$550K
Waterfront Communities C1
$578K
Bay Street Corridor
$638K
Church-Yonge Corridor
$611K
Moss Park
$894K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Étienne Brûlé Junior School
79%
Étienne Brûlé Junior SchoolPublic · Elementary · 1.5 km awayAbove the GTA average · 79% meet the provincial standard

Affordability & Mortgage

Affordability
$5,788/mo
$259KIncome needed
4.9×Price ÷ income
$1,336Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

78%mortgage
Mortgage $5,788Property tax $410Condo fee $1,201Total carry $7,398

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,421per month

Mortgage amount $1,015,910 · 4.14% over 25 years

$253,978Down payment (20.0%)
$1,015,910Loan before insurance
$0CMHC premium
$7,032Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,421
Property tax
$410
Condo / maintenance fees
$1,201
Heating
$0
Estimated monthly cost
$7,032

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$21,873
Toronto municipal land transfer tax
$21,873
Estimated closing costs
$43,746

Plus your down payment of $253,978. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,585/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$610,472Total interest paid
$1,626,382Total of all payments
Principal $1,015,910 Interest $610,472
YearPrincipalInterestBalance
1$23,799$41,256$992,111
2$24,795$40,261$967,316
3$25,832$39,223$941,484
4$26,912$38,143$914,572
5$28,038$37,017$886,534
6$29,211$35,844$857,323
7$30,433$34,623$826,890
8$31,706$33,350$795,185
9$33,032$32,023$762,153
10$34,414$30,642$727,739
11$35,853$29,202$691,886
12$37,353$27,703$654,533
13$38,915$26,140$615,618
14$40,543$24,512$575,075
15$42,239$22,817$532,837
16$44,006$21,050$488,831
17$45,846$19,209$442,985
18$47,764$17,291$395,221
19$49,762$15,294$345,459
20$51,843$13,212$293,616
21$54,012$11,044$239,604
22$56,271$8,784$183,333
23$58,625$6,431$124,709
24$61,077$3,978$63,632
25$63,632$1,424$0

At the end of your 5-year term

Total paid over the term
$325,276
Principal paid down
$129,376
Interest paid
$195,900
Balance remaining
$886,534

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$3,400/mo
$40,800Gross annual rent
1.3%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.2%
Gross yield
− Property tax $4,917− Condo fees $14,409− Insurance $600− Vacancy & upkeep $4,488Net operating income $16,386

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of AURA SIGNATURE REALTY INC.. MLS®/PropTx.

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