$499,000

For sale

#316 65 Annie Craig Drive, Toronto (Mimico) - Single Family for Sale

#316 65 Annie Craig Drive, Toronto (Mimico), Ontario, M8V0G3

2 beds1 bath0 parking550 ft²$480/mo condo feeListed 62 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $499,000, it is attractively priced about 23% below the $650,000 median asking price in Toronto.

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Description

Introducing a bright and well-laid-out 1+den suite in Mimico's vibrant waterfront community. Offering a functional open-concept layout, this unit features a modern kitchen with sleek cabinetry, stainless steel appliances, tile backsplash, and full-height storage. From here we enter into a connected living and dining area which itself includes a walk-out balcony. The primary bedroom includes mirrored closet doors, while the separate den offers flexibility as a home office, guest space, or additional storage. A clean 3-piece bathroom, in-suite laundry and laminate flooring throughout create a practical no-wasted-space floor plan designed for everyday convenience. Enjoy a private outdoor balcony with courtyard and city views perfect for relaxing or entertaining. The building also includes an exclusive gym, pool, party room, and BBQ area. Beyond this one is only ever steps away from the waterfront, Humber Bay Shores, parks, trails, cafes, restaurants, groceries and the TTC. A great opportunity for first-time buyers, investors, or anyone looking for a well-connected lifestyle by the lake. (id:66096)

Property Details

MLS®: W13748702
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $480/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,406/yr
Listed: 62 days ago

Rooms

Flat

Living room: 4.7 x 4.55 meters
Dining room: 4.7 x 4.55 meters
Kitchen: 4.7 x 4.55 meters
Primary Bedroom: 3.15 x 2.74 meters
Den: 2.51 x 2.13 meters
Bathroom: 2.57 x 2.39 meters

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

Features

Exterior: Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

62d

Toronto (Mimico) listings, avg age

58d

Price / ft²

$908

List price

$499K

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 2-bed single family in Toronto (Mimico) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by CENTURY 21 RED STAR REALTY INC. · PARVEEN DALAL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8V)

This home lists at $499,000, about 6.3× the local median household income of $79,000.

Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 23% 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)

$499,000· $908/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$201/mo

Condo fee$480/mo

Total monthly$3,309

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$12,910

Est. closing costs$3,997

Total cash needed$41,857

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