Maintenance Fees
Hearthstone by the Bay Condos vs The Mimico Area
for rent
16 Days on Strata
- Est Lease Timeframe:
- 11 Days
2003 - 3 Marine Parade Dr
$6,450/mth
2 Beds
2 Bath
1 Parking
1,142 SQFT
Price History
- Property Type:
- Condo
- Possession Date:
- TBD
- Lease Term:
- 1 Year
- Utilities Included:
- No
- Furnished:
- No
- Outdoor Space:
- Balcony
- Laundry:
- Ensuite, Main
- Locker:
- Owned
- Exposure:
- South West
Amenities
Concierge
Gym
Lap Pool
Party Room
Visitor Parking
Rooftop Deck
About this Listing
Welcome to Hearthstone by the Bay - Retirement Living at Its Finest! Enjoy an active, comfortable, and worry-free lifestyle in this bright and spacious condo designed for seniors seeking independence with the convenience of supportive services. This lovely suite features a well-planned layout with large windows and serene views overlooking the lake. Your monthly lease includes: 4 hours of housekeeping per month, $277.50 meal credit for on-site dining, 24-hour access to nursing staff, scheduled shuttle service, fitness classes and wellness programs, and a full calendar of social events and activities. Hearthstone by the Bay offers a vibrant community where you can enjoy your retirement to the fullest-whether you prefer active living or require a bit of extra support. Experience comfort, connection, and peace of mind in this welcoming lakeside residence. Perfect for a retiree looking for a safe, social, and maintenance-free lifestyle!
ExtrasFridge, Stove, Dishwasher, Washer & Dryer, All Electric Light Fixtures, All Window Coverings. 1 Parking Spot, 1 Locker. Tenant Pays For Hydro, Cable TV, Telephone/Internet. Note: $265.06 +Hst Extra Per Month for Second Occupant.
royal lepage real estate associates, larose teamMLS® #W12517992
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Included
- Air Conditioning
- Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Dimensions
- Living
- 19 x 11.19ft
- Combined with Dining, Open Concept, Walkout To Balcony
- Dining
- 19 x 11.19ft
- Combined with Living, Open Concept, Walkout To Sunroom
- Kitchen
- 14.6 x 7.68ft
- Breakfast Bar, Built-in Appliances, Overlooks Water
- Den
- 11.19 x 9.81ft
- Open Concept, Combined with Dining
- Primary
- 12.21 x 10.3ft
- 3 Piece Ensuite, Walk-in Closet, Walkout To Balcony
- 2nd Bedroom
- 10.6 x 9.68ft
- Double Closet, Walkout To Balcony, Overlooks Water
- Sunroom
- 10.11 x 6.69ft
- Windows Floor to Ceiling, Open Concept
Renter's Market
Balanced
Landlord's Market
Building Spotlight
Similar Listings
Explore Mimico
Map
6/10
Walkability
Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
7/10
Transit
Transit's there for you, like a loyal golden retriever.
7/10
Bikeability
The bike lane starts to feel like a second home.
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
23,316
Average Individual Income
$64,286
Average Household Size
3 persons
Average Age
45
Average Household Income
$109,977
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
36%
Semi Detached
26%
High Rise Apartment
20%
Low Rise Apartment
11%
Duplex
5%
Marital Status
Commute
Languages (Primary Language)
English
58%
Mandarin
14%
Other
13%
Cantonese
10%
Tagalog
2%
Spanish
1%
Korean
1%
Tamil
1%
Education
University and Above
33%
High School
27%
None
16%
College
15%
Apprenticeship
3%
University Below Batchelor
3%
Major Field of Study
Business Management
25%
Architecture & Engineering
20%
Health & Related Fields
12%
Social Sciences
10%
Math & Computer Sciences
7%
Education
5%
Humanities
4%
Physical Sciences
4%
Personal, Protective & Transportation Services
3%
Visual & Performing Arts
3%
Building Trends At Hearthstone by the Bay Condos
Days on Strata
Units at Hearthstone by the Bay Condos spend an average of
35
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
1%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Mimico
Turnover of Units
On average, each unit is owned for
7.1
YEARS before being sold againProperty Value
-2%
Decrease in property value within the past twelve months
Price Ranking
47th
Highest price per SQFT out of 62 condos in the Mimico area
Sold Units
12
Units were Sold over the past twelve months
Rented Units
2
Units were Rented over the past twelve months
Best Value Rank
Hearthstone by the Bay Condos offers the best value out of 62 condos in the Mimico neighbourhood
?
Appreciation Rank
Hearthstone by the Bay Condos has the highest ROI out of 62 condos in the Mimico neighbourhood
?
Rental Yield
Hearthstone by the Bay Condos yields the highest rent prices out of 62 condos in the Mimico neighbourhood
?
High Demand
Hearthstone by the Bay Condos is the most popular building out of 62 condos in the Mimico neighbourhood
?
Market Insights
Transaction Insights at Hearthstone by the Bay Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | $253,000 - $785,000 | $412,500 - $448,000 | $425,000 - $669,000 | $789,900 - $811,000 |
| Avg. Cost Per Sqft | $514 | $579 | $654 | $700 |
| Price Range | $4,000 | $4,300 | No Data | No Data |
| Avg. Wait for Unit Availability | 243 Days | 136 Days | 90 Days | 142 Days |
| Avg. Wait for Unit Availability | 1008 Days | 425 Days | 298 Days | 1142 Days |
| Ratio of Units in Building | 14% | 26% | 42% | 20% |
Market Inventory
Total number of units listed and leased in Mimico
