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    5 Marine Parade Drive

    Grenadier Landing Condos
    2for Sale
    1for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    12
    Number of Units:
    259
    Condo Completion:
    2003
    Condo Demand:
    Medium
    Unit Size Range:
    599 - 2,700 SQFT
    Unit Availability:
    Low

    Listing History for Grenadier Landing Condos

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    Amenities

    Gym Room
    Rec Room
    Media Room
    Visitor Parking
    Games Room
    Security System

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 5 Marine Parade DriveGrenadier Landing Condos

    Architecturally speaking, the Grenadier Landing Condos is a complicated structure. The stone structure contains two main wings, with various sections reaching to different heights. Tucked into the corner where the two sections of the building meet is a grand entryway featuring plenty of glass and double-height columns.

    Built in 2003 by Davies Smith Developments, 5 Marine Parade Drive reaches to 12 storeys and contains 259 homes. But that’s not all — the Grenadier Landing Condos also boasts plenty of communal amenities in addition to the private suites spread throughout the building.

    Residents who enjoy hosting events have come to the right place, as 5 Marine Parade Dr features two guest suites, visitor parking, a party room, and a terrace with some pretty enviable views. The building is also equipped with a games room with billiards and ping-pong tables, a gym, a theatre, and a courtyard with barbecues. And to top it all off, 5 Marine Parade Dr is staffed by a concierge who ensures residents feels safe and secure at all times.

    The Suites

    With Toronto condos for sale starting at around 600 and reaching to approximately 2,200 square feet, prospective buyers of all kinds can find something to suit their needs at 5 Marine Parade Dr. Single professionals and couples without children, for example, might opt for a one-bedroom suite, while small families will be perfectly comfortable in one of the building’s three-bedroom units. Even those who plan to set up a home office are in luck, as many of the homes at the Grenadier Landing Condos contain dens.

    The interior design at 5 Marine Parade Dr is warm yet elegant, with floor-to-ceiling windows allowing natural sunlight to do its magic. These Toronto condos are also functional as can be, thanks to a combination of open concept living areas and kitchens with private bedrooms. And as an added bonus, some units even contain gas fireplaces.

    The Neighbourhood

    While many prospective buyers and renters looking for a lakeside home in Toronto opt for a home in The Beaches, the Etobicoke neighbourhood known as Mimico is equally idyllic. Living at 5 Marine Parade Drive means being steps away from Humber Bay Shores Park, and of course Lake Ontario. Residents can use trails in Humber Bay Shores Park to reach Humber Bay Park East and Humber Bay Park West, or they can head east over the Humber Bay Arch Bridge in order to visit Sunnyside Beach.

    When it comes time to pick up groceries for the week, residents living at 5 Marine Parade Dr have plenty of options. There’s a Rabba Fine Foods around the corner on Brooker’s Lane, a Sobeys on the Queensway, and a Metro on Park Lawn Road. And those who prefer to stock up on bulk items can head over to the Costco on Queen Elizabeth Boulevard.

    Transportation

    It’s no secret that drivers living at 5 Marine Parade Dr benefit from having the Gardiner Expressway nearby. Residents can hop onto this highway via Brooker’s Lane before heading into the downtown core, while those planning to use the Gardiner West can do so via Lake Shore Boulevard.

    As for residents without cars of their own, it takes just under 10 minutes to reach the Humber Loop on foot. Once here, passengers can hop onto the 501 Queen Streetcar, which traverses the entire width of the city along Queen Street.

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    Explore Neighbourhood

    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.

    Similar condos

    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
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    19%
    50 - 64
    23%
    65+
    20%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    4%
    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%

    Maintenance Fees

    Grenadier Landing Condos vs The Mimico Area

    Days on Strata

    Units at Grenadier Landing Condos spend an average of
    54
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Mimico

    Turnover of Units

    On average, each unit is owned for
    5.2
    YEARS before being sold again

    Property Value

    3%
    Increase in property value within the past twelve months

    Price Ranking

    20th
    Highest price per SQFT out of 57 condos in the Mimico area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    12
    Units were Rented over the past twelve months

    Best Value Rank

    Grenadier Landing Condos offers the
    ?
    best value out of 57 condos in the Mimico neighbourhood

    Appreciation Rank

    Grenadier Landing Condos has the
    ?
    highest ROI out of 57 condos in the Mimico neighbourhood

    Rental Yield

    Grenadier Landing Condos yields the
    ?
    highest rent prices out of 57 condos in the Mimico neighbourhood

    High Demand

    Grenadier Landing Condos is the
    ?
    most popular building out of 57 condos in the Mimico neighbourhood

    Transaction Insights at 5 Marine Parade Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$601,000 - $610,000No Data$998,000No DataNo DataNo Data
    Avg. Cost Per Sqft$930No Data$996No DataNo DataNo Data
    Avg. Wait for Unit Availability155 Days44 Days98 Days466 DaysNo DataNo Data
    Ratio of Units in Building17%44%34%5%2%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Mimico