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Start with sold condos that have the same bedroom layout and similar actual size. Then compare the floor, view, condition, parking, locker and what you will pay every month.
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Mimico / Humber Bay Shores building intelligence · September 2026
Buying or selling at Waterscapes? Start with the unit, not the building average.
Two condos at 80 Marine Parade can have very different layouts, lake views and monthly costs. Recent sales offer useful clues, but with only three 2026 sales, the building average cannot tell you what one suite is worth.
5 sales in 20253 in 202680 Marine Parade Dr
See what to check before deciding ↓Before you make a decision
What do these sales mean for you?
Imagine comparing two Waterscapes listings: one has a higher asking price but a view and parking; the other costs less but has different inclusions. Which is the better choice? That is an illustrative situation, not two identified listings. The building median cannot answer it.
What will buyers compare yours against?
Check today's competing listings and the closest verified sales before picking an asking price. Historical sales took longer in the small 2026 sample, but that does not predict your own sale timeline.
Explore a personal value review →Is the lower-priced condo truly cheaper?
Maintenance fees are only one part of the monthly budget. Check what the fee includes, parking and utility costs, property tax, financing, and the current condominium documents.
See the condo-fee comparison →One-minute takeaway
Across matching January–September 20 periods, just 5 Waterscapes condos sold in 2025 and 3 in 2026. Median time on the market went from 15 to 38 days. That is a reason to examine comparable homes carefully—not a claim that every unit fell in price or will take 38 days to sell.
The evidence, with its limits
Three 2026 sales suggest a slower market—but cannot price your suite.
Several comparisons lean lower, but a handful of sold condos cannot tell you exactly how much any specific Waterscapes unit has changed in value.
3Locked 2026 sales
$585KRaw 2026 median
38 days2026 median DOM
−7.6%Bedroom + size matched estimate
−9.9%Bedroom + den + size sensitivity
8 / 8Broker full sheets verified
The primary matched weight is only two, covering 40% of the 2025 cohort and 67% of the 2026 cohort. These figures are historical sold-listing screens, not a valuation of a specific suite.
The main finding
The small 2026 cohort sold for less on several screens and took materially longer.
$613K → $585K
Raw matched-period median: about −4.6%.
−7.6%
Bedroom + reported-size matched estimate.
−9.9%
Bedroom + den + reported-size sensitivity.
15 → 38 days
Median days on market moved slower.
A conditional bootstrap of the two matched cells also stays negative, but it is mechanically narrow because both matched 2026 cells contain only one sale. It does not capture the broader structural uncertainty created by an eight-sale building sample.
Compare similar homes, not a tower average
What did the closest layout-and-size comparisons actually show?
Only two bedroom-and-size categories sold in both periods. Those comparisons are a starting point, not enough evidence to calculate a reliable building-wide price change.
- Sales
- 3 → 1
- Change
- −9.5%
- 2026 DOM
- 39 days
- Sales
- 1 → 1
- Change
- −5.6%
- DOM
- 15 → 12
The 2-bedroom sales do not occupy the same reported-size band across years: the 2025 sale is 900-999 sq. ft., while the 2026 sale is 800-899 sq. ft. They are not used as a matched cell.
Monthly ownership costs matter, too
Look beyond the purchase price: compare the fee, what it covers and the current documents.
Usable exact finished area was available for four 2025 sales and all three 2026 sales. Median sold price per exact reported finished square foot moved from about $866 to $806. Median historical maintenance intensity moved from about $0.972 to $1.021 per exact reported square foot per month.
$866/ft²2025 exact-area median · n=4
$806/ft²2026 exact-area median · n=3
−6.9%Raw exact-area median change
$0.972 → $1.021Median historical maintenance / exact ft² / month
There are no exact same-area repeats across the two matched periods. Historical maintenance is only a screening input; current fees, inclusions, reserve-fund information and other status-certificate matters must be verified for the specific unit.
Building identity
Waterscapes is the distinctive rounded tower at 80 Marine Parade Drive.
All eight verified broker sheets use corporation number 2408. Public building references identify TSCC 2408, a 30-storey tower completed in 2014, and Monarch Group as the developer. Public unit-count figures vary, so this guide does not rely on a unit-count claim.
80Marine Parade Dr
2408Corporation number
8Matched-period sales
MonarchDeveloper/public reference
Building and waterfront context
Waterscapes’ curved tower and waterfront position make floor, exposure and view especially important.
These preserved REALM images come from verified 80 Marine Parade listings. They show representative building and view context only; they do not imply that every suite has the same exposure or view.
Preserved REALM listing photography from verified 80 Marine Parade records; original brokerage watermarks retained. Images are descriptive context, not evidence of market performance.
Humber Bay Shores waterfront context
The waterfront is present-day context; Park Lawn GO remains planned.
80 Marine Parade sits in the Humber Bay Shores / Mimico waterfront environment, close to parks, trails, Lake Shore Boulevard West and the Park Lawn node.
City of Toronto material in 2026 continued to describe Park Lawn GO as a planned Lakeshore West station between Mimico and Exhibition GO. In July 2026, Council requested a working group with the Province, Metrolinx and other parties to examine ways to advance the station and other Humber Bay Shores transit improvements.
Unit-level due diligence
How I would compare two Waterscapes condos.
1. Start with exact layout and reported size. With only two matched cells, the building median is too coarse for unit-level pricing.
2. Narrow by exact finished area. Seven of eight matched-period sales have usable exact area, but there are no exact same-area repeats across years.
3. Compare floor, exposure, balcony and actual view corridor. The rounded tower geometry can create materially different lake, skyline and neighbourhood exposures.
4. Verify parking and locker. These should be checked for the exact unit rather than inferred from building-level sales.
5. Read the current condo documents. Historical maintenance is only a screen; current fees, budget, reserve fund, insurance, litigation and special assessments require the current status certificate.
Save this before your next viewing
Your five checks for 80 Marine Parade.
Use these questions at an actual showing or when preparing to sell. They matter more than applying a building-wide percentage to one suite.
- Comparable sales: Which sold properties truly match the bedroom layout and interior size?
- View and exposure: What does this exact floor and balcony overlook today, and what nearby plans could affect it?
- Monthly costs: What are the current maintenance fee and inclusions, plus utilities, tax and other ownership expenses?
- Condo documentation: What does the current status certificate say about budget, reserve fund, insurance and any special assessments?
- Your alternative: Which current Waterscapes or nearby listing would you choose instead—and why?
Methodology
How the Waterscapes analysis was built.
1. Scope. Matching Jan. 1-Sep. 20 periods in 2025 and 2026, sold Condo Apt records at 80 Marine Parade Drive, Apartment / 1 Storey-Apt only, using the locked 5-vs-3 exact-address cohort.
2. Primary mix control. Common bedroom × reported-size strata are compared by median sold price and combined with a weighted geometric mean using the smaller year count as the stratum weight.
3. Stricter sensitivity. Bedroom + den + reported-size matching produced about −9.9%, directionally similar to the primary −7.6% estimate.
4. Thin-sample limitation. Primary matched weight is only two. A cell-level bootstrap is mechanically narrow because each matched 2026 cell contains one transaction, so it does not capture the full structural uncertainty of this sample.
5. Full-sheet reconciliation. All eight broker full sheets were freshly reopened before drafting. Exact area was usable for seven sales; maintenance, exposure, corporation and listing-photo evidence were reconciled directly from the broker sheets rather than imputed.
Sources & verification
Transaction evidence first; public sources for building identity and planning context.
FAQ
Questions buyers and owners ask about Waterscapes.
What should I check before buying a Waterscapes condo?
Compare the asking price against recently sold homes of similar layout and size, then confirm the exact floor, exposure, balcony, parking, locker and current maintenance fee. Review the current status certificate with the appropriate professionals; eight historical sales cannot establish the value of your particular unit.
How should an owner price a Waterscapes unit for sale?
Start with the closest recent completed sales and currently competing listings, adjusting for the exact suite, its condition, layout, view, parking and timing. The 15-to-38-day historical median shift is a reason to plan for market uncertainty, not a prediction of a specific sale time.
Can you check a specific unit at 80 Marine Parade Drive?
Yes. This guide analyzes past Waterscapes transactions and is not a live listing or availability feed. Send the unit number or current listing link to request a check of its listing status, relevant same-building sales, layout, fees, view and asking-price context.
Did Waterscapes condo prices fall in 2026?
In the matched Jan. 1-Sep. 20 period, the raw building median moved from about $613,000 in 2025 to $585,000 in 2026, roughly 4.6% lower. Bedroom + reported-size matching pointed about 7.6% lower, while a stricter bedroom + den + size sensitivity was about 9.9% lower. The matched weight is only two, so these are thin-sample directional screens rather than precise building-wide depreciation rates.
How fast did condos sell at 80 Marine Parade?
Median days on market moved from 15 days in 2025 to 38 days in 2026. Four of five 2025 sales sold within 30 days, compared with one of three 2026 sales. With only eight total matched-period sales, this is historical context rather than a forecast for a specific listing.
What did the exact-area evidence show?
Usable exact finished area was available for four 2025 sales and all three 2026 sales. The raw median sold price per exact reported finished square foot moved from about $866 to $806, roughly 6.9% lower. There are no exact same-area repeats across the two periods, so this remains a supporting screen rather than a controlled unit-level trend.
What condominium corporation is Waterscapes?
All eight verified broker sheets use corporation number 2408, with the prefix rendered as TSCC on seven sheets and TSCP on one 2026 source record. Public building references also identify TSCC 2408.
Who developed Waterscapes?
Public building references identify Monarch Group as the developer and describe Waterscapes as a 30-storey tower completed in 2014. Public unit-count figures are inconsistent, so this guide does not use a unit-count claim in the market analysis.
Is Park Lawn GO open?
No. City of Toronto material in 2026 continued to describe Park Lawn GO as a planned Lakeshore West station between Mimico and Exhibition GO, not an operating amenity.
Unit-level Waterscapes analysis
Comparing a condo at 80 Marine Parade?
Found a unit you like, or thinking of selling one? Share its public listing link, unit number or your biggest question. I can compare similar sold homes, current competition and unit-specific differences. You can also use the checklist above without contacting me.