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Hearthstone by the Bay

3 Marine Parade Dr, Toronto, ON M8V 3Z5

Hearthstone by the Bay, at 3 Marine Parade Dr, is a condo building in the Mimico area of Toronto, Ontario. It was built in 2010, has 144 residential units and stands 21 storeys tall.

Mimico
Year Built
2010
Units
144
Floors
21
Building Type
High-rise apartment condo

Market Overview

Avg Sold Price
$521,931
Median Sold
$448,000
Price Range
$253,000 – $811,000
Avg $/SqFt
$555
Sales (2yr)
23
Active Listings
4
Avg List Price
$610,225
Avg Days on Market
42

Last sale: Sep 11, 2026

Condo Fees

Avg Monthly Fee
$1,025
Median Fee
$914
Avg $/SqFt
$1.09
Units w/ Fee Data
35
Fee IncludesHeat, water, building insurance. Mandatory Hearthstone Club Package ($1,923–$1,990/month) includes housekeeping, 24-hour nursing, fitness classes, restaurant credit, shuttle service, wellness programs, salon, concierge.

Building Features

ExteriorConcrete
AmenitiesConcierge, exercise room, gym, indoor pool, lap pool, visitor parking, media room, games room, party/meeting room, fine dining restaurant, pub and lounge, movie theatre, hair salon, spa, outdoor terrace, library, billiards.
Building TypeHigh-rise apartment condo
Floors21 storeys
Year Built2010

Policies

Pet PolicyAllowed with restrictions

Known Issues & Notes

Known Issues (news/court)

[cat_decision 2021 2021 ONCAT 83] Condominium Authority Tribunal case (Cameron v. TSCC 2078); topic not stated in the search snippet.

Source

Management

Management CompanyFirstService Residential Ontario

About This Building

Hearthstone by the Bay is a 21-storey high-rise retirement community at 3 Marine Parade Drive in Mimico, completed in 2010. The building contains approximately 924 square feet per unit on average, with recent sales averaging around $522,000 and median prices near $448,000; monthly fees average roughly $1,025 plus a mandatory club package of $1,923–$1,990. Residents enjoy direct access to Humber Bay Park and waterfront trails, lakefront views, and an extensive array of amenities including fine dining, a movie theatre, fitness and wellness programs, 24-hour nursing care, and scheduled shuttle service. Before finalizing a purchase, a professional review of the status certificate, reserve fund study, financial statements, and by-laws is essential to understand all reserve contributions and long-term building obligations.

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