$999,999

For sale

#1207 70 Annie Craig Drive, Toronto (Mimico) - Single Family for Sale

#1207 70 Annie Craig Drive, Toronto (Mimico), Ontario, M8V0G2

3 beds2 baths1 parking850 ft²$625/mo condo feeListed 49 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. It has been on the market 49 days, fresher than the Toronto average of 57 days.

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Description

Welcome to luxury waterfront living at Vita on the Lake! Suite 1207 is turnkey and move-in ready - freshly painted throughout and upgraded with brand-new heated toilets. Enjoy an open, modern layout offering approximately 1,143 sq. ft. of total living space, highlighted by an expansive ~323 sq. ft. private balcony perfect for outdoor relaxing and entertaining.Steps to TTC transit, Humber Bay Park, waterfront dining, and the Martin Goodman Trail. Unmatched resort-style building amenities include an outdoor saltwater pool, pool deck patio with BBQs, full gym, yoga studio, sauna with change rooms, party room, private dining room, billiards/games room, guest suites, pet wash, car wash bay, bike storage, lockers, visitor parking, 5 high-speed elevators, and 24/7 concierge. Easy commute to downtown Toronto and quick highway access. Lakeside living at its finest! BOOK YOUR SHOWINGS NOW! (id:66096)

Property Details

MLS®: W13794588
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Waterfront: Yes
Condo Fee: $625/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,602.17/yr
Listed: 49 days ago

Rooms

Flat

Living room: 4.11 x 3.53 meters
Kitchen: 3.56 x 2.18 meters
Primary Bedroom: 3.81 x 3.6 meters
Bedroom 2: 3.25 x 2.72 meters
Den: 2.44 x 1.71 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: All
Flooring: Laminate
Foundation: Concrete
Exterior: Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

49d

Toronto (Mimico) listings, avg age

57d

Price / ft²

$1,177

List price

$1000K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Toronto (Mimico) has been listed for 49 days, which is 8 days fresher than the city average of 57. Act while there is still low competition.

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Listed by CENTURY 21 PERCY FULTON LTD. · RAMEEN ZAFARI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8V)

This home lists at $999,999, about 12.7× the local median household income of $79,000.

Carrying it typically needs a household income of about $195,335 (20% down, 25-yr amortization, stress-tested) — roughly 147% above the area median.

Median household income: $79,000
Population: 44,144
Median age: 40
Owner / renter: 49% / 51%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M8V)

$999,999· $1,177/ft²

For sale

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Full Cost Breakdown

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Down Payment7.50% · $74,999.90

Min 7.50%50%

Mortgage payment$5,128/mo

↳ CMHC premium ($37,000 capitalized)

Property tax (est.)$300/mo

Condo fee$625/mo

Total monthly$6,054

Cash Needed to Close

Down payment (7.50%)$75,000

Land transfer tax$32,950

Est. closing costs$5,500

Total cash needed$113,450

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