2302-80 Marine Parade Drive, Toronto, ON

Mimico, Toronto · MLS® W13498884

$1,599,000
For Sale
Listed 25 days ago
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3Bedrooms
2Bathrooms
1Garage
1400-1599Sq Ft

About this home

Welcome to the pinnacle of luxury waterfront living at 80 Marine Parade Drive, Unit 2302. Perched high above the shores of Lake Ontario in the highly coveted Humber Bay Shores community, this exceptional suite offers breathtaking, unobstructed panoramic views of the water and the iconic Toronto skyline. Designed for those with discerning taste, the sun-drenched, open-concept layout features floor-to-ceiling windows, premium finishes, and a seamless flow perfect for both entertaining and everyday living. The gourmet kitchen boasts top-of-the-line stainless steel appliances, sleek stone countertops, and ample cabinetry, overlooking a spacious living and dining area that opens up to a private balcony where you can enjoy tranquil sunrises and vibrant sunsets. Retreat to the generously sized bedrooms, including a primary suite with a spa-inspired ensuite bath and expansive closet space. As a resident of this prestigious address, you will enjoy exclusive access to world-class amenities including a state-of-the-art fitness center, a stunning indoor pool, a beautifully landscaped rooftop terrace, and a 24-hour dedicated concierge. Step outside your door and immerse yourself in an active, vibrant lifestyle with immediate access to the scenic Martin Goodman Trail, Humber Bay Park, boutique shops, artisan cafes, and fine dining, all while being just minutes away from downtown Toronto via the Gardiner Expressway or GO Transit. This is more than just a home; it is an unparalleled lifestyle opportunity in one of Toronto's most spectacular waterfront enclaves.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13498884
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1400-1599
Cross streets
Lake Shore & Parklawn
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Other
Maintenance
$1,229/mo
Exposure
South East
Property tax
$3,199 / 2025
Days on market
25
Listing brokerage
SUPERSTARS REALTY LTD.

Rooms

KitchenGround5.18 × 2.13 m

stainless steel appl · centre island · granite counters

Bedroom 2Ground3.35 × 2.74 m

laminate · walk-in closet(s) · sliding doors

Primary BedroomGround3.35 × 3.35 m

laminate · 4 pc ensuite · his and hers closets

DenGround2.13 × 1.83 m

laminate · open concept

Dining RoomGround6.10 × 5.79 m

laminate · w/o to balcony · open concept

Living RoomGround6.10 × 5.79 m

laminate · overlook water · combined w/dining

Our TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

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.

Comparable listingsCurrently listed nearby in Mimico · asking prices
$1.41Mavg asking

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

LPH2906-88 Park Lawn Road$1.10M1407-2045 Lake Shore Boulevard$1.35M1307-2267 Lake Shore Boulevard$1.40MPH102-38 Annie Craig Drive$2.20M1603-2111 Lake Shore Boulevard$989k

The 5 closest of 6 active listings nearby.

See all comparable homes
1.60MThis home1.10M1.35M1.40M2.20M989kThis home vs active comparables
Live market pulseActive comparables in Mimico · median list $989K
$1,066this home / sqft
23active listings nearby
25days on market
100sold nearby · 90 days
$618Kmedian sold price
96%of asking, on average

This home lists 20% above the area average of $891/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 · 1.4 km awayAbove the GTA average · 79% meet the provincial standard

Affordability & Mortgage

Affordability
$7,288/mo
$310KIncome needed
5.2×Price ÷ income
$1,682Weekly 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.

83%mortgage
Mortgage $7,288Property tax $267Condo fee $1,229Total carry $8,783

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$6,826per month

Mortgage amount $1,279,200 · 4.14% over 25 years

$319,800Down payment (20.0%)
$1,279,200Loan before insurance
$0CMHC premium
$8,322Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,826
Property tax
$267
Condo / maintenance fees
$1,229
Heating
$0
Estimated monthly cost
$8,322

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

One-time closing costs

Ontario land transfer tax
$28,455
Toronto municipal land transfer tax
$28,455
Estimated closing costs
$56,910

Plus your down payment of $319,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,291/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

$768,686Total interest paid
$2,047,886Total of all payments
Principal $1,279,200 Interest $768,686
YearPrincipalInterestBalance
1$29,967$51,948$1,249,233
2$31,221$50,695$1,218,012
3$32,527$49,389$1,185,485
4$33,887$48,028$1,151,598
5$35,305$46,611$1,116,294
6$36,781$45,134$1,079,512
7$38,320$43,596$1,041,192
8$39,923$41,993$1,001,270
9$41,593$40,323$959,677
10$43,332$38,583$916,345
11$45,145$36,770$871,200
12$47,033$34,882$824,166
13$49,001$32,915$775,166
14$51,050$30,865$724,115
15$53,186$28,730$670,930
16$55,410$26,505$615,520
17$57,728$24,187$557,792
18$60,143$21,773$497,649
19$62,658$19,257$434,991
20$65,279$16,636$369,711
21$68,010$13,906$301,702
22$70,855$11,061$230,847
23$73,818$8,097$157,029
24$76,906$5,009$80,123
25$80,123$1,793$0

At the end of your 5-year term

Total paid over the term
$409,577
Principal paid down
$162,906
Interest paid
$246,671
Balance remaining
$1,116,294

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$4,750/mo
$57,000Gross annual rent
2.0%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.

3.6%
Gross yield
− Property tax $3,199− Condo fees $14,746− Insurance $600− Vacancy & upkeep $6,270Net operating income $32,186

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

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