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110 Marine Parade Dr - Riva del Lago 2,874 SF Office/Retail Condo Unit Offered at $3,198,000 CAD in Toronto, ON M8V 0A3
Investment Highlights
- Situated in the vibrant Humber Bay Shores neighbourhood, one of Toronto's premier waterfront communities.
- Surrounded by a dense and growing residential population, supporting strong local consumer demand.
- Convenient access to downtown Toronto, the Gardiner Expressway, Highway 427, and major transportation routes.
- Prime location along Marine Parade Drive with excellent exposure and pedestrian activity.
- Steps from Lake Ontario, waterfront trails, parks, and recreational amenities.
Executive Summary
110 Marine Parade Drive is a prominent mixed-use condominium property located in Toronto's highly desirable Humber Bay Shores waterfront community. Positioned along Lake Ontario's shoreline, the property benefits from exceptional visibility, strong surrounding residential density, and convenient access to downtown Toronto via the Gardiner Expressway and Lake Shore Boulevard West. The area offers an attractive live-work-play environment with waterfront parks, trails, restaurants, retail amenities, and transit options all within walking distance.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 2 |
| Sale Type | Investment |
| No. Parking Spaces | 2 |
Sale Notes
Rare opportunity for investors to acquire the entire commercial component of the prestigious Riva Del Lago condominium in Toronto’s sought-after Humber Bay community. Situated along Marine Parade Drive, the property benefits from exceptional exposure, dense surrounding residential development, and consistent year-round pedestrian traffic generated by nearby national retailers and local amenities. The offering includes two commercial condominium units, two owned parking stalls, and a dedicated retail garbage area on the P1 level. Both units are fully demised and leased, with one featuring a fully fixtured restaurant. Existing leases include contractual rent escalations, providing built-in NOI growth throughout the lease terms. Positioned prominently on the building's corner, the commercial units also benefit from an established and exclusive patio area for tenant use.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 7/8 | 2,874 SF | Office/Retail | $3,198,000 CAD ($1,112.73 CAD/SF) | - |
Unit 7/8
| Unit Size |
| 2,874 SF |
| Condo Use |
| Office/Retail |
| Price |
| $3,198,000 CAD ($1,112.73 CAD/SF) |
| NOI |
| - |
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Unit 7/8
| Unit Size | 2,874 SF |
| Condo Use | Office/Retail |
| Price | $3,198,000 CAD ($1,112.73 CAD/SF) |
| NOI | - |
| Sale Type | Investment |
| No. Parking Spaces | 2 |
| Sale Notes | |
| Rare opportunity for investors to acquire the entire commercial component of the prestigious Riva Del Lago condominium in Toronto’s sought-after Humber Bay community. Situated along Marine Parade Drive, the property benefits from exceptional exposure, dense surrounding residential development, and consistent year-round pedestrian traffic generated by nearby national retailers and local amenities. The offering includes two commercial condominium units, two owned parking stalls, and a dedicated retail garbage area on the P1 level. Both units are fully demised and leased, with one featuring a fully fixtured restaurant. Existing leases include contractual rent escalations, providing built-in NOI growth throughout the lease terms. Positioned prominently on the building's corner, the commercial units also benefit from an established and exclusive patio area for tenant use. |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 192,240 SF | Floors | 15 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 11,278 SF |
| Property Subtype | Apartment | Year Built | 2017 |
| Building Class | B | ||
| Zoning | CR - Commercial residential | ||
| Total Building Size | 192,240 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 15 |
| Typical Floor Size | 11,278 SF |
| Year Built | 2017 |
| Zoning | CR - Commercial residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 86 | - | 555 - 674 |
| 2+2 | 50 | - | 783 - 1,079 |
| 3+3 | 50 | - | 1,188 - 1,465 |
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
60/100
Exceptionally bikeable
90/100
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Videos
Matterport 3D Exterior
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Photos
Street View
Street
Map
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110 Marine Parade Dr - Riva del Lago
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