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For saleMLS® W13677630

110 Marine Parade Drive 7,8 Lvl 1; 29,30 Lvl A, Toronto, ON M8V 0C4

Mimico · W06 · M8V 0C4

$3,198,000

$1,113 / sq ft

2 months on market

Total area
2,874 sf
0
Age
6-15 years

What's special

  • Outside/surface garage
  • Yes

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About this property

A rare opportunity for an investor to acquire the entire commercial block of the Riva Del Lago condo building, located in Humber Bay, Toronto. Positioned in the heart of Marine Parade Drive, the building is surrounded by an immense amount of residential density and national retailers, providing year-round walking traffic. The condo block is comprised of two (2) commercial condo units and two (2) owned parking stalls and a dedicated retail garbage area in the P1 level. The units are fully demised with one unit being a fully fixtured restaurant. Both Units are Leased. In-place leases include contractual rent step ups, increasing NOI over the term of the leases. The commercial units are position on the corner of the building, and the commercial component includes an established and dedicated patio area for the tenants.

Property details

Property

Property type
retail
Interior size
2,874 sq ft
Year built
6-15
Zoning
Commercial
Possession
Immediate

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Garage
Outside/Surface
Sewer
Sanitary+Storm

Costs

List price
$3,198,000
Property taxes
$29,618 / year (2026)
Price per sq ft
$1,113

Listing

MLS® number
W13677630
Status
For sale
Listed
August 14, 2026
Days on market
82
Last updated
August 31, 2026
Listing brokerage
CBRE LIMITED

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 85% of comparable retail listings in Toronto are asking less.

$379KMedian $1.40M$3.90M
This home
$1,113 / sq ft
Comparable median
$665 / sq ft

Based on 96 comparable active retail listings in Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $639,600
$639,600
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$14,145.83
Property tax (est.)
$2,468.17
Estimated monthly
$16,614

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$66,425
Toronto municipal
$68,405
Total due on closing
$134,830

An estimate on the asking price of $3,198,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of CBRE LIMITED. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$3,198,000

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Comparable sales nearby

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