$1,650,000
Est. payment $7,306/moCalculate yours
58 Marine Parade Drive 1103, Toronto, ON M8V 4G1
Mimico, Etobicoke, ON M8V 4G1
- 2 + 1 Beds
- 2 Baths
- 2 Garage
- 1,400 Sq Ft
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY MLS® W13840222
About this home
Experience exceptional waterfront living at The Monarch, with breathtaking, unobstructed panoramic views of Lake Ontario and Toronto’s iconic downtown skyline. This sophisticated 2-bedroom + den residence offers 1,744 sq. ft. of total living space,including 1,563 sq. ft. of interior living space and an expansive 181 sq. ft. balcony.Soaring 9-ft ceilings and floor-to-ceiling windows fill the home with natural light while showcasing spectacular lake and skyline vistas. Three walkouts to the balcony extend the living space outdoors and create the perfect setting to enjoy stunning sunrises,sparkling water views, and the ever-changing Toronto skyline.The spacious open-concept living and dining area is designed for both elegant entertaining and comfortable everyday living. The modern white kitchen features a centre island, sleek contemporary cabinetry, striking black stone countertops, and generous workspace.Beautiful hardwood flooring throughout enhances the home’s timeless elegance, while the generous layout and den provide exceptional flexibility for a home office, library, or additional living space. Enjoy resort-style amenities, 24-hour concierge service, and a prestigious waterfront location just minutes from downtown Toronto, waterfront trails, parks, restaurants, shopping, and entertainment.A rare opportunity to own an extraordinary waterfront residence where panoramic views, elegant interiors, generous proportions,and an exceptional location come together to create a truly remarkable Toronto lifestyle.
Property details
Overview
- Property Type
- Condo Apartment
- Style
- Apartment
- For
- For Sale
- Status
- New
- Size
- 1,400 sqft
Interior
- Bedrooms
- 2 + 1
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Concrete Poured
Lot & Parking
- Parking
- Underground garage · 2 total
Financial
- Property Taxes
- $6,877 (2026)
- Condo Fee
- $1,916/mo
- Fee Includes
- Heat Included, Common Elements Included, Building Insurance Included, Water Included, Parking Included, CAC Included
- Pets
- Yes-with Restrictions
Location
- Neighbourhood
- Mimico
- Cross Street
- Parklawn/Lakeshore
Listing
- MLS® Number
- W13840222
- Days on Market
- 19
- Listed On
- 2026-09-29
- Possession
- Flexible/TBA
- Listed By
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
Features
Interior
- Carpet Free
- Primary Bedroom - Main Floor
Property
- Beach
- Clear View
- Cul de Sac/Dead End
- Greenbelt/Conservation
- Lake/Pond
- Park
Amenities
- Exercise Room
- Guest Suites
- Indoor Pool
- Party Room/Meeting Room
- Visitor Parking
- Included
- S/S Fridge, Stove, D/W, M/Wave, Washer And Dryer* All Elfs* 2 Parking, Locker,3 Balcony W/Outs*
Mortgage calculator
Estimated mortgage payment
$7,306 per month
- Principal and interest
- $7,306
- Property tax
- $573
- Condo fees
- $1,916
- Estimated monthly cost
- $9,795
Your mortgage
- Mortgage amount
- $1,320,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $871,753
Cash to close
- Down payment
- $330,000
- Land transfer tax (Ontario + Toronto)
- $58,950
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $388,950
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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