Marina Del Rey III is a 32-storey high-rise residential tower built in 1991 by Camrost-Felcorp. The building represents the classic mid-rise development style of the early 1990s, with solid construction and a focus on waterfront living. Units typically range around 900 square feet, with many configured as 2-bedroom layouts suited to families, couples, and professionals. The building offers the amenities and services typical of established high-rise communities, including a main lobby, fitness facilities, and common areas. Maintenance fees are standard for buildings of this age and type in the Mimico waterfront area.

Marina Del Rey III occupies one of Toronto's most desirable waterfront positions in Mimico, with direct access to Lake Ontario and the Waterfront Trail. The neighbourhood is calm and residential while remaining walkable, with King Street West offering shops, cafes, and services within a short walk. The Dundas West streetcar stops nearby, providing reliable connections east toward downtown and west into the Junction. The area attracts buyers and renters who prioritize waterfront access and a quieter pace without sacrificing urban convenience. Parks, marinas, and recreational spaces surround the building, making it ideal for those who value outdoor living and water activities.

Units at Marina Del Rey III typically run around 900 square feet with 2-bedroom configurations, making them suitable for small families, couples, or professionals seeking space without a large footprint. When evaluating a unit, pay attention to floor level and view orientation, as water-facing suites command premium value and offer the building's defining amenity. Ask about the building's maintenance fee structure, reserve fund status, and any planned capital improvements, as these directly affect affordability and long-term ownership. The 32-storey height means higher units offer exceptional views but may carry slightly higher heating costs. Consider proximity to elevators and building services when touring, as these affect day-to-day convenience. Pet policies and parking availability are worth clarifying upfront, as waterfront buildings sometimes have restrictions or limited lot space.