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43.73° N · 79.40° W — Toronto & nearby · 9,701 homes for sale today43.73° N · 79.40° W — 9,701 homes today(647) 554-7436Saved

43.6275° N · 79.4770° W — Mimico, Toronto — MLS® #W14113080

512-58 Marine Parade Dr

$1,598,800

Mimico, Toronto, Ontario M8V 4G1

2+1
BedroomsBeds
2
BathroomsBaths
1200-1399 sqft1200-1399
SizeSq ft

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ToShemeer AhmadVALERY REAL ESTATE INC.
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In short · from the listing record

512-58 Marine Parade Dr is a 2+1-bedroom, 2-bathroom condo in Mimico, Toronto, listed for sale at an asking price of $1,598,800 (MLS® W14113080).

Rarely does a residence redefine lakeside living, this exceptional 2+1 bedroom suite does exactly that! The pièce de résistance is a spectacular 2,400 square foot private outdoor terrace, an extraordinary expanse of open air living that is virtually unheard of in condominium ownership! From this remarkable vantage point, take in unobstructed panoramic views of Lake Ontario stretching to the horizon, with the downtown skyline shimmering in the distance; sunrise coffees, golden hour cocktails and evenings beneath the stars all become part of your daily ritual. This is outdoor living on a scale normally reserved for a detached estate! There is room to dine under the open sky, lounge in the sun, gather with friends and family, or simply retreat to your own private garden in the clouds. Few properties anywhere offer this much usable outdoor space, and fewer still pair it with views this breathtaking.Inside, the spacious and thoughtfully designed interior offers generous principal rooms, walls of windows, abundant natural light and a seamless flow between indoor comfort and outdoor grandeur. The open concept living and dining areas are perfectly suited to both relaxed everyday living and elegant entertaining on a grand scale, while the kitchen anchors the home for casual mornings and celebrations alike. Two full bedrooms plus a versatile den provide flexibility for guests, a dedicated home office or a quiet reading retreat, and the primary suite offers a serene escape at the end of the day. Set within one of the most prestigious buildings on Lakeshore West, this is waterfront living at its finest! Steps to the lake, scenic waterfront trails, lush parks, marinas, cafes, dining and transit, with an easy commute to downtown. Two parking spots and a locker add a level of everyday convenience rarely found in one offering. This is truly one of a kind, a private resort in the sky where luxury meets lifestyle. A rare offering that simply must be seen to be believed!

Listing readings

How it measures up

Scores from the listing record and the market around it.

  • 66Fair

    Condition score

    4 condition-related facts documented

    Listing age, structured features and disclosed update language; not an inspection.

  • 5Shortfall

    Cash flow quality

    −$5,555/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Median of 24 condos with 3 bedrooms for lease in Mimico right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The data table

Every fact

Everything the board publishes for this home.

Tax
$8,076 / 2025
MLS® number
W14113080
Board
TRREB MLS®
Property Type
Condo Apt
Building Age
16-30
Time on market
Size
1200-1399 sqft
Listed on
Parking
2 Underground, 2 Parking

Listing history

Listing activity for 512-58 Marine Parade Dr, Toronto, Ontario

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$1,598,800N/AFor SaleW14113080

Inside

Room by room

From the listing.

Flat9 rooms
  • Foyer2.47 × 2.74 mCloset, Laminate, Combined W/Laundry
  • Living5.35 × 4.61 mWindow Flr to Ceil, Overlook Water, O/Looks Frontyard
  • Dining3.58 × 4.64 mWindow Flr to Ceil, Overlook Water, South View
  • Kitchen3.42 × 3.17 mWindow Flr to Ceil, Stainless Steel Appl, W/O To Terrace
  • Primary3.39 × 5.52 mW/O To Terrace, W/I Closet, 5 Pc Ensuite
  • 2nd Br3.32 × 4.37 mWindow Flr to Ceil, Led Lighting, Double Closet
  • Den3.57 × 4.53 mOpen Concept, Laminate, Led Lighting
  • Bathroom3.28 × 1.67 m3 Pc Bath, Tile Floor, Led Lighting
  • Bathroom3.37 × 2.1 m5 Pc Ensuite, Whirlpool, Separate Shower

Property

Property Type
Condo Apt
Style
Apartment
Community
Mimico
Municipality
Toronto

Building

Size
1200-1399 sqft
Building Age
16-30
Construction
Concrete

Inside

Bedrooms
2+1
Bathrooms
2
Bathroom Details
1 × 3pc Flat, 1 × 5pc Flat
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
2
Additional Parking
0
Total Parking
2

Utilities

Cooling
Central Air
Heating Type
Heat Pump

Where it sits

The street and the area

Asking prices on the map.

Map and tour

Transit nearby

StationLinesDistance
Mimico GOGO Transit train: Lakeshore West2.1 km
Jane StationTTC subway: Line 2 Bloor-Danforth2.6 km
Runnymede StationTTC subway: Line 2 Bloor-Danforth2.7 km
Old Mill StationTTC subway: Line 2 Bloor-Danforth2.9 km
High Park StationTTC subway: Line 2 Bloor-Danforth3.1 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Around it

Condo Apt in Mimico

Active listings only, today.

Condos for sale in Mimico right now

For sale now
230
Median asking price
$649K

Middle half: $548K to $799K

New in 7 days
19

77 in 28 days

Price cuts
20%

47 listings

This home is asking 146% above the median, higher than three quarters of them.

See all homes in Mimico

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Site report

What the record says

What the City and the conservation authority have on file for this address.

  • Heritage and ravineNone foundNot found on the Heritage Register
  • Heritage and ravineNone foundNot in a mapped Heritage Conservation District
  • Heritage and ravineNone foundNot in the mapped ravine protection area
  • ZoningSee Former City of Etobicoke By-Law No. 11,737Outside By-law 569-2013: the former municipality’s by-law still sets what may be built. Confirm the rules with the City.
  • Permits22 clearedFixtures/Roof Drains: Other Issued January 28, 2020 · Interior Alterations Issued February 20, 2018 · Building Permit Related(MS) Issued February 20, 2018 · Building Permit Related(PS) Issued February 20, 2018 · Building Permit Related(PS) Issued January 6, 2016 · Building Permit Related(MS) Issued January 6, 2016 · Multiple Projects Issued January 6, 2016 · Building Permit Related(PS) Issued October 22, 2013
  • Signals nearby6 to note2150 LAKE SHORE BLVD W, Plan of subdivision, 340 m away · 2150 LAKE SHORE BLVD W, Official plan or zoning amendment, 340 m away · 2150 LAKE SHORE BLVD W, Site plan, 340 m away · 2150 LAKE SHORE BLVD W, Site plan, 340 m away · 125 THE QUEENSWAY, Official plan or zoning amendment, 480 m away · 2189 LAKE SHORE BLVD W, Site plan, 550 m away
  • ca regulatedNone in rangeNot in Toronto and Region Conservation Authority’s mapped regulated area
  • provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
  • wetlandNone in rangeNo mapped wetland within 120 m
  • aggregateNone in rangeNo licensed pit or quarry within 2 km
  • wellsNone in rangeNo recorded oil, gas or salt well within 250 m
  • railOn recordNearest rail line: 290 m
  • trailOn recordA trail on the Ontario trail network within 1 km
  • permitsOn record22 building permits issued within 250 m in the last 2 years
  • airportOn recordNearest airport: 5.8 km
  • parcelOn recordMapped parcel: about 71,610 sq ft Measured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.
  • water wellsOn record1 water-supply well recorded within 250 m 21 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 7.3 m.
  • npriOn record1 facility within 1 km reports pollutant releases to Environment Canada The nearest is City of Toronto — Humber Treatment Plant, 690 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
  • fcsiNone in rangeNo federal contaminated site within 1 km The federal inventory covers federal land only; it says nothing about provincial or private sites.
  • electricityOn recordElectricity is distributed here by Toronto Hydro-Electric System Limited
  • internet speedOn recordWired internet 50/10 Mbps or faster is listed at a household 50 m away Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
  • broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.

None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Toronto and Region Conservation Authority or the record’s publisher.

City of Toronto Open Data and zoning map, read at this address. Contains information licensed under the Open Government Licence – Toronto. City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

Land transfer tax on this home

Ontario land transfer tax
$28,451
Toronto municipal land transfer tax
$28,451
Total land transfer tax
$56,902
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$48,427
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $1,598,800
$23,976
Ontario total
$28,451

Toronto’s municipal tax uses the same brackets at this price, so it adds another $28,451.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Schools

Nearest schools

Straight-line distances. Check catchments with the board.

ElementaryEQAO average 2024–25

  • St Mark Catholic SchoolToronto CDSBCatholic · grades JK–861%Grade 6 average1.3 km
  • David Hornell Junior SchoolToronto DSBPublic · grades JK–568%Grade 3 average1.3 km
  • Étienne Brûlé Junior SchoolToronto DSBPublic · grades JK–579%Grade 3 average1.4 km
  • ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–887%Grade 6 average2.5 km

SecondaryGrade 9 math 2024–25

  • Etobicoke School of the ArtsToronto DSBPublic · grades 9–1268%Grade 9 math2.2 km
  • Bishop Allen Academy Catholic Secondary SchoolToronto CDSBCatholic · grades 9–12 · French Immersion81%Grade 9 math2.4 km
  • The Student SchoolToronto DSBPublic · grades 9–12—3.3 km
  • ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–1269%Grade 9 math4 km

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Searches this home is in

Keep looking

The ledger

What it costs to own

Worked out for this home. Change any number.

Price$1,598,800

A month, all in

$9,705

  • Mortgage$7,295
  • Property tax$673
  • Condo or maintenance fee$1,737

A planning figure, not a quote.

Land transfer tax

$56,902

$48,427 for first-time buyers; Toronto adds its own tax.

Rent, similar homes

$4,150

a month, median asking rent of 24 similar homes in Mimico.

Community

Who lives around it

Similar homes

You might also like

For sale nearby at a similar price.

Shemeer Ahmad

Shemeer AhmadVALERY REAL ESTATE INC.

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(647) 554-7436

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