512 - 58 Marine Parade Drive, Toronto, ON M8V 4G1
Mimico, Toronto · Near Parklawn/Lakeshore · View map
About this home
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!
The home
- Type
- Condo apartment
- Style
- Apartment
- Square footage
- 1200-1399 sq ft
- Bedrooms
- 2
- Basement bedrooms
- 1
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 9
- Basement
- None
- Faces
- South
- Level
- 5
- Balcony
- Terrace
- Laundry
- Ensuite
- Approximate age
- 16-30 years
Ownership & fees
- Ownership
- Condominium
- Maintenance fee
- $1,737.41/mo
- Fee includes
- CAC, Common Elements, Heat, Building Insurance, Parking, Water
- Complex
- TSCC 1826
- Property management
- GPM Property Management
- Pets
- Allowed, with restrictions
- Locker
- Owned
- Security
- Concierge/Security, Security System
- Exterior
- Concrete
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Heat Pump
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Underground
- Garage spaces
- 2
- Total parking
- 2
- Parking features
- Underground
Taxes & other
- Property taxes
- $8,076/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- 30-59 days
- Cross street
- Parklawn/Lakeshore
- Neighbourhood
- Mimico
More
- Price per sq ft
- ~$1,230 (at 1,300 sq ft)
- MLS® number
- W14113080
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The home and its surroundings
- Carpet Free
- Clear View
- Park
- Rec./Commun.Centre
- Waterfront
Included in the maintenance fee
- CAC
- Common Elements
- Heat
- Building Insurance
- Parking
- Water
Shared in the complex
- Bus Ctr (WiFi Bldg)
- Concierge
- Gym
- Indoor Pool
- Party Room/Meeting Room
- Visitor Parking
- 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.
58 Marine Parade Drive, Toronto, ON M8V 4G1
Mimico, Toronto · Near Parklawn/Lakeshore
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Listing history for 58 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 512 - 58 Marine Parade Drive
Answers come straight from this home’s MLS® listing.
How much is 512 - 58 Marine Parade Drive listed for, and what would it cost each month?
512 - 58 Marine Parade Drive is listed for $1,598,800. With 20% down ($319,760), the mortgage payment would be roughly $6,449 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $8,860 a month, all in. That figure is an illustration, not a quote.
Is 512 - 58 Marine Parade Drive freehold or a condo, and is there a monthly fee?
512 - 58 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 $1,737.41 a month. The listing says it covers cac, common elements, heat, building insurance, parking, water. Fees can change, so confirm the current amount in the status certificate.
How many bedrooms and bathrooms does 512 - 58 Marine Parade Drive have?
512 - 58 Marine Parade Drive has 2 bedrooms, plus 1 more bedroom in the basement, and 2 bathrooms.
Does 512 - 58 Marine Parade Drive have a garage and parking?
Yes. The listing shows the garage as underground, with room for 2 cars. In total the listing counts 2 parking spaces.
Does 512 - 58 Marine Parade Drive have a finished basement?
No. The listing shows no basement for this home.
What style of home is 512 - 58 Marine Parade Drive?
512 - 58 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 512 - 58 Marine Parade Drive?
The listing puts the home between 1,200 and 1,399 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.
How is 512 - 58 Marine Parade Drive heated and cooled?
Heating is heat pump (gas). Cooling is central air.
What are the property taxes for 512 - 58 Marine Parade Drive?
Property taxes are $8,076 a year (2025), or about $673 a month.
Are pets allowed at 512 - 58 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 512 - 58 Marine Parade Drive?
512 - 58 Marine Parade Drive is in the Mimico community of Toronto. The nearest main intersection is Parklawn/Lakeshore. The postal code is M8V 4G1.
Is 512 - 58 Marine Parade Drive still for sale?
Yes. It is an active listing (MLS® W14113080). Listings here update from the board through the day and come down once a home sells.
What are similar condos near 512 - 58 Marine Parade Drive asking?
Similar condos for sale nearby right now include 330 - 58 MARINE PARADE Drive at $498,900 (1 bed), 219 - 58 Marine Parade Drive at $489,900 (1 bed) and 2302 - 80 Marine Parade Drive at $1,599,000 (2+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 58 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 512 - 58 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 647-931-3923.
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$498,900330 - 58 MARINE PARADE Drive, Toronto1 bed · 1 bath · MimicoCourtesy of: RE/MAX ESCARPMENT REALTY INC.View home →
Condo apartment$489,900219 - 58 Marine Parade Drive, Toronto1 bed · 1 bath · MimicoCourtesy of: EXP REALTYView home →
Condo apartment$1,599,0002302 - 80 Marine Parade Drive, Toronto2+1 bed · 2 bath · MimicoCourtesy of: SUPERSTARS REALTY LTD.View home →Courtesy of: RE/MAX REALTRON PROPERTY GROUP REALTY INC.
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.