Humber Bay Shores · 3 Marine Parade Drive · TSCC 2078
Hearthstone by the Bay combines condo ownership with a separate, required retirement-service package. Real sold prices tell only part of the story.
Original conceptual illustration · Not a photograph of Hearthstone or its actual condo views
The number that can change the decision
Imagine helping a family member find a comfortable, independently owned waterfront condominium where a range of retirement-related services is available. A selected one-bedroom at Hearthstone by the Bay, 3 Marine Parade Drive, was recorded sold in September 2026 for $280,000.
But its historical broker sheet also reported $670.02 per month in ordinary condominium maintenance. And separate 2026 listing disclosures for the building advertised a mandatory $1,990.85 monthly Basic Service/Club package plus HST for one occupant.
Those two dated amounts alone total $2,660.87 a month before HST on the service package, mortgage, municipal property taxes, condo-unit insurance or optional extra care. This is an illustration using a specific historic suite and a dated advertised fee—not a current contractual quote or full monthly budget.
The service package may also provide real value to someone who wants dining, housekeeping, recreation and a support network. The right question is whether that lifestyle, its current contract and total cost fit the person buying. The family scenario is illustrative; the original sale observations are real.
A real September 2026 one-bedroom sale · illustrative buyer carrying-cost screen
Selected 2026 REALM sold-status broker sheet · 611 Other-reported ft²
Single occupant · PLUS HST · Verify current operator agreement
BEFORE package HST, mortgage, tax, insurance, optional services and future increases
This is not a total-cost quote. A second occupant was advertised in 2026 as another $274.34/month plus HST. The operator can change its fees and service terms. Check the current Schedule C, any annual escalation, care extras, property tax, condominium status certificate and actual unit documents before agreeing to purchase.
Two separate financial arrangements
The owner-operated retirement-community model is different from both an ordinary Toronto condo and a rental retirement residence. An owner acquires a condominium interest; a separate services arrangement provides access to amenities and support under its terms.
Condominium ownership
Ask about TSCC 2078, registered suite, parking/locker title, current status certificate, reserve fund, condo fees, insurance, taxes, capital repairs, bylaws and rental/resale rules. The selected $280K example reported a historical $670.02 monthly maintenance; it is not a quote for other suites today.
Read the condo-status-certificate checklist →Required service agreement
Hearthstone describes a required Basic Service Package with social, dining, housekeeping and emergency-support components; 2026 advertisements also mention nurse availability and shuttle service. That is not automatically 24/7 personal-care coverage. Optional support, credits, eligibility, added residents, price adjustments and termination provisions need written confirmation.
Read the operator description of Basic Service Package ↗No guarantee of medical or personal-care availability, eligibility, rentability, rental returns or future fee stability is implied. Confirm the current condominium and service arrangements directly with the corporation, operator, a qualified lawyer and relevant care professionals as appropriate.
Four authentic historical MLS Sold-status examples · 3 Marine Parade
These four cases were selected and independently reopened from REALM/PropTx broker full sheets. They show how unlike suites can trade for very different amounts, and why regular condo maintenance is not the complete ownership equation here. These are not every 2025 or 2026 transaction.
611 reported finished ft²
Low purchase price; mandatory services still matter
The MLS Sold field is not independent evidence of legal title transfer; original asking may not include prior relistings. Unit condition, actual view, room fit and current expenses need verification. The service package is separate from the maintenance shown above.
1,029 reported finished ft²
A 2026 1,029-ft² reference at $585K
The MLS Sold field is not independent evidence of legal title transfer; original asking may not include prior relistings. Unit condition, actual view, room fit and current expenses need verification. The service package is separate from the maintenance shown above.
1,029 reported finished ft²
Another 1,029-ft² reference at $675K
The MLS Sold field is not independent evidence of legal title transfer; original asking may not include prior relistings. Unit condition, actual view, room fit and current expenses need verification. The service package is separate from the maintenance shown above.
958 reported finished ft²
An older 2025 two-bedroom ownership benchmark
The MLS Sold field is not independent evidence of legal title transfer; original asking may not include prior relistings. Unit condition, actual view, room fit and current expenses need verification. The service package is separate from the maintenance shown above.
The exact-address historical REALM search displayed an Invalid date unavailable-date filter and 144 results across multiple pages. These individually verified cases are selected, not a complete market sample, and cannot support building-wide turnover or annual appreciation. No registered title closing was independently verified. Personal MLS identifiers and individual suite details remain protected in the private research record.
What does a $90,000 gap prove?
One East-exposure, 1,029 Plans-reported ft² two-bedroom-plus-extra-room example was recorded sold for $675,000 in January after 8 recorded DOM, with historical maintenance of $1,058.84. Another Southeast-exposure, 1,029 MPAC-reported ft² example was recorded sold for $585,000 in April after 47 DOM, with maintenance of $1,037.49.
The measurements come from different reported sources. Their floors, direction of light, windows, exact plan and condition may differ, and dates are months apart. The $90K is an observed difference between two selected records, not an appraised premium.
Eight versus 47 recorded days on market can prompt questions about marketing, asking competitiveness and the property condition. DOM on a single listing does not necessarily include earlier terminated or relisted campaigns.
A prospective resident may value bundled social and support services. Another buyer may find the mandatory ongoing package unsuitable. Ask about the contract and who may occupy, rent or purchase before making assumptions about resale demand.
Buyer and family decision checklist
Nothing below requires a contact form. Use this as a discussion guide with the seller, corporation, service operator, lawyer and any relevant professional.
Find the right nearby comparison
Methods and limitations
Cutoff October 15, 2026. Four selected individual sold-status REALM/PropTx full sheets from exactly 3 Marine Parade Drive were reopened and reconciled on October 16 for price, original/final asking, sold date, registered condo ID TSCC 2078, area source, maintenance, listing taxes, bedroom count, exposure, DOM and parking. Three sold-status records are from 2026 and one from 2025.
Completeness warning: The unavailable-date control rendered Invalid date and the address-scope search returned 144 rows split across pages, with the visible page capped at 100. We have not proved full-year transaction coverage, matched appreciation, legal registered closings or a current appraisal. The 1-bedroom size comes from an Other MLS area source, while the two 1,029-ft² records cite Plans and MPAC; these sources are not certified equivalent measurements.
Service-charge evidence: Operator materials confirm the Basic Service Package model; public 2026 listing descriptions repeatedly quote $1,990.85/month plus HST for one resident and $274.34 plus HST for another. Those advertised rates are distinct from the exact selected-sale maintenance amounts and are not current binding quotes. The illustrative $2,660.87 is only an arithmetic subtotal combining dated values for educational purposes. Request the current signed service contract, Schedule C and condo papers.
This page does not state that service access substitutes for individual personal or medical care, or that any occupancy, rental or age restriction has been verified. Its purpose is to help someone ask the right financial and legal questions before acting. Broker personal data, unit identifiers and unlicensed photos are retained privately and never reproduced.
Direct sources
Hearthstone operator: Basic Service Package and optional personal services ↗
Hearthstone by the Bay: official 3 Marine Parade residence ↗
Public building reference: 3 Marine Parade / TSCC 2078 ↗
MohDian buyer guide: how to read a current condo status certificate →
Source MLS full sheets are preserved under private audit; external listings change. The article hero and social imagery are original fictional waterfront concepts, not photographs of the Hearthstone building or any particular unit.
Ownership, carrying costs and service FAQ
A selected September 2026 MLS sold-status record for a one-bedroom at 3 Marine Parade was $280,000 from a $309,000 final asking price. This does not prove why that one suite sold at that price. A buyer must also review its historical $670.02 monthly condo maintenance and the separate mandatory Basic Service/Club fee, plus HST, taxes, insurance, financing and additional personal services.
Several 2026 publicly available listing descriptions identify a mandatory Basic Service or Club Package of $1,990.85 per month plus HST for one occupant; a second occupant was listed as an additional $274.34 plus HST per month. These are dated advertised figures, not a promise of current pricing. Require the operator’s current written Schedule C and fee schedule before making a decision.
No. The Basic Service/Club arrangement is presented as a separate required service cost, alongside regular condominium maintenance. A selected 2026 one-bedroom sold-status sheet reported $670.02 condo maintenance, leading to an illustrative $2,660.87 monthly subtotal when added to the dated $1,990.85 advertised service fee, before service HST, mortgage, municipal taxes, home insurance and additional care.
No specific care level can be guaranteed by this guide. The operator advertises an emergency response and wellness arrangement; 2026 listings describe nurse availability, dining credits and some housekeeping. Individually requested personal-care support and contract terms can vary or cost extra. Review the current written service agreement directly with the operator and appropriate professionals.
Do not assume ordinary rental or buyer eligibility. Ask the condominium corporation, the service operator and a real estate lawyer about permitted occupancies, required services, rental/lease rules, assignment or resale obligations, eligibility and termination provisions. This page has not independently verified those current restrictions.
No. Two selected 2026 two-bedroom-plus-one-additional-room MLS Sold-status sheets each reported 1,029 square feet from different sources. The recorded sold prices were $585,000 and $675,000, a $90,000 difference. The records also differed in floor, exposure, DOM, area reporting source and unknown condition, so the gap is not an estimated suite premium or building-wide trend.
All four independently reopened historical broker full sheets at 3 Marine Parade Drive reported TSCC 2078. A buyer still needs the present-day registered declaration, current status certificate, reserve fund documents, budget, bylaws and service agreement before buying.
Optional ownership-and-cost review
Send the listing or suite reference and what ownership questions matter most. I can help compare real asking/sold records, monthly condo expenses and the documents to request. You do not need to share medical details or any sensitive personal information through this form.