221 - 5 Marine Parade Drive, Toronto, ON M8V 4B4
Mimico, Toronto · Near Lake Shore & Marine Parade Dr · View map
About this home
Welcome to Grenadier Landing! Offering a rare combination of space, comfort and waterfront convenience, this beautifully maintained 815 sq. ft. 1-bedroom plus den, 2- 4 pc bathrooms and 9' ceilings is notably larger than many comparable layouts, which are typically closer to 720 sq. ft. The additional square footage is reflected in the thoughtfully designed floor plan, including the uncommon benefit of a separate dining area, providing generous space for everyday living and entertaining. The spacious primary bedroom features ample closet space and a 4-piece ensuite, while the versatile den makes an ideal home office. A second full 4-piece bathroom adds convenience for guests. The modern galley kitchen offers stainless steel appliances and ample cabinetry, while the bright living areas open onto a southwest-facing balcony. Grenadier Landing is a well-managed building offering an impressive selection of amenities, including a 24-hour concierge, fitness centre, party and media rooms, billiards, table tennis, library, guest suites, landscaped courtyard with BBQ facilities and a 7th-floor outdoor terrace with lake views. Ideally situated steps from the waterfront, Humber Bay Shores Park, Martin Goodman Trail, neighbourhood cafés and restaurants, with TTC at your doorstep. Enjoy the perfect balance of lakeside living, urban convenience and exceptional recreational amenities in one of Toronto's desirable waterfront communities. **Includes Parking, Locker and Bike Storage.** Make this home for the holidays...
The home
- Type
- Condo apartment
- Style
- Apartment
- Square footage
- 800-899 sq ft
- Bedrooms
- 1
- Basement bedrooms
- 1
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 5
- Basement
- None
- Faces
- South West
- Level
- 2
- Balcony
- Open
- Laundry
- Ensuite
Ownership & fees
- Ownership
- Condominium
- Maintenance fee
- $842.37/mo
- Fee includes
- Heat, Hydro, Water, CAC, Common Elements, Parking, Building Insurance
- Complex
- TSCC 1507
- Property management
- First Service Residential
- Pets
- Allowed, with restrictions
- Locker
- Owned
- Exterior
- Concrete
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Fan Coil
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Underground
- Garage spaces
- 1
- Total parking
- 1
Taxes & other
- Property taxes
- $2,793/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- Flexible
- Cross street
- Lake Shore & Marine Parade Dr
- Neighbourhood
- Mimico
More
- Price per sq ft
- ~$693 (at 850 sq ft)
- Listed
- Oct 16, 2026 · yesterday
- MLS® number
- W14088932
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Included in the maintenance fee
- Heat
- Hydro
- Water
- CAC
- Common Elements
- Parking
- Building Insurance
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
5 Marine Parade Drive, Toronto, ON M8V 4B4
Mimico, Toronto · Near Lake Shore & Marine Parade Dr
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Listing history for 5 Marine Parade Drive
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 221 - 5 Marine Parade Drive
Answers come straight from this home’s MLS® listing.
How much is 221 - 5 Marine Parade Drive listed for, and what would it cost each month?
221 - 5 Marine Parade Drive is listed for $589,000. With 20% down ($117,800), the mortgage payment would be roughly $2,376 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $3,451 a month, all in. That figure is an illustration, not a quote.
Is 221 - 5 Marine Parade Drive freehold or a condo, and is there a monthly fee?
221 - 5 Marine Parade Drive is a condo apartment in Mimico, Toronto. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $842.37 a month. The listing says it covers heat, hydro, water, cac, common elements, parking, building insurance. Fees can change, so confirm the current amount in the status certificate.
How many bedrooms and bathrooms does 221 - 5 Marine Parade Drive have?
221 - 5 Marine Parade Drive has 1 bedroom, plus 1 more bedroom in the basement, and 2 bathrooms.
Does 221 - 5 Marine Parade Drive have a garage and parking?
Yes. The listing shows the garage as underground, with room for 1 car. In total the listing counts 1 parking space.
Does 221 - 5 Marine Parade Drive have a finished basement?
No. The listing shows no basement for this home.
What style of home is 221 - 5 Marine Parade Drive?
221 - 5 Marine Parade Drive is a condo apartment. A condo apartment is a unit in a multi-storey building, owned outright, with a monthly fee for the shared parts of the building.
How big is 221 - 5 Marine Parade Drive?
The listing puts the home between 800 and 899 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.
How is 221 - 5 Marine Parade Drive heated and cooled?
Heating is fan coil (gas). Cooling is central air.
What are the property taxes for 221 - 5 Marine Parade Drive?
Property taxes are $2,793 a year (2026), or about $233 a month.
Are pets allowed at 221 - 5 Marine Parade Drive?
Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.
Where is 221 - 5 Marine Parade Drive?
221 - 5 Marine Parade Drive is in the Mimico community of Toronto. The nearest main intersection is Lake Shore & Marine Parade Dr. The postal code is M8V 4B4.
How long has 221 - 5 Marine Parade Drive been on the market?
221 - 5 Marine Parade Drive was listed on October 16, 2026. It has been on the market for 1 day. It is an active listing (MLS® W14088932). Listings here update from the board through the day and come down once a home sells.
What are similar condos near 221 - 5 Marine Parade Drive asking?
Similar condos for sale nearby right now include 1113 - 5 Marine Parade Drive at $549,000 (1 bed), 911 - 5 Marine Parade Drive at $699,999 (2 bed) and 1906 - 80 Marine Parade Drive N at $589,900 (1+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 5 Marine Parade Drive sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 221 - 5 Marine Parade Drive?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar condos nearby
More condos for sale near Mimico, picked by style, size and price.
Condo apartment$549,0001113 - 5 Marine Parade Drive, Toronto1 bed · 1 bath · MimicoCourtesy of: RE/MAX ULTIMATE REALTY INC.View home →
Condo apartment$699,999911 - 5 Marine Parade Drive, Toronto2 bed · 2 bath · MimicoCourtesy of: ROYAL LEPAGE TERREQUITY REALTYView home →
Condo apartment$589,9001906 - 80 Marine Parade Drive N, Toronto1+1 bed · 1 bath · MimicoCourtesy of: RE/MAX REAL ESTATE CENTRE INC.View home →Courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.