$459,999

For sale

#2510 38 Annie Craig Drive, Toronto (Mimico) - Single Family for Sale

#2510 38 Annie Craig Drive, Toronto (Mimico), Ontario, M8V0G9

1 bed1 bath1 parking250 ft²$349/mo condo feeListed 18 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. Listed at $459,999, it is attractively priced about 29% below the $650,000 median asking price in Toronto. It has been on the market 18 days, fresher than the Toronto average of 58 days.

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Description

Welcome to 38 Annie Craig Drive, the tallest 56-storey luxury waterfront condominium residence in Toronto's Humber Bay Shores! This immaculate 1-bedroom condominium on the 25th floor delivers a seamless blend of style and comfort. The suite showcases a bright, carpet-free floor plan with plank laminate flooring throughout and an open-concept kitchen perfectly designed for entertaining. Large Bedroom with walkout to large balcony. Enjoy elite, resort-style building amenities spanning multiple floors, including a 24-hour concierge, state-of-the-art fitness centre, indoor pool, sauna, cold plunge pool, pet spa, and a rooftop terrace with BBQs. Unbeatable location in Etobicoke's most sought-after lakefront destination-walk directly to the boardwalk, yacht clubs, dining, and daily grocery conveniences. Perfect for first-time buyers, downsizers, or savvy investors looking for prime real estate in a thriving neighborhood! (id:66096)

Property Details

MLS®: W14094580
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 250 ft²
Basement: None
Heating: Natural gas, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $349/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Listed: 18 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

18d

Toronto (Mimico) listings, avg age

58d

Price / ft²

$1,844

List price

$460K

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 1-bed single family in Toronto (Mimico) has been listed for 18 days, which is 40 days fresher than the city average of 58. Act while there is still low competition.

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Listed by RE/MAX REAL ESTATE CENTRE INC. · ELIZABETH HAYDE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8V)

This home lists at $459,999, about 5.8× the local median household income of $79,000.

Carrying it typically needs a household income of about $89,854 (20% down, 25-yr amortization, stress-tested) — roughly 14% 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)

$459,999· $1,844/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,999.95

Min 5%50%

Mortgage payment$2,423/mo

↳ CMHC premium ($17,480 capitalized)

Est. property tax$0/mo

Condo fee$349/mo

Total monthly$2,772

Cash Needed to Close

Down payment (5%)$23,000

Land transfer tax$11,350

Est. closing costs$3,880

Total cash needed$38,230

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