$649,800

For sale

#3502 59 Annie Craig Drive, Toronto (Mimico) - Single Family for Sale

#3502 59 Annie Craig Drive, Toronto (Mimico), Ontario, M8V0C4

2 beds1 bath1 parking$372/mo condo feeListed 121 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale. Its $649,800 asking price sits right in line with the $650,000 median in Toronto.

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Description

Experience Elevated Waterfront Luxury At Ocean Club, This Modern Building Exudes Contemporary Design and Atmosphere! The "Palm Beach" 595 Sq Ft + 50 Sq Ft Balcony! Perched on the 35th Floor, Offering Panoramic Unobstructed East Exposure of Lake Ontario, Bay, City Downtown and CN Tower! Watch the Sun Rise Over the Lake and Sweeping, Stunning Views of Toronto Skyline As It Shines Beneath The Stars! Enjoy True Urban Convenience By The Water! Walk to Lake, Lake Front Parks, Trails and Marina! Minutes to Public Transit, Restaurants, Grocery Stores and QEW and 427 Highway! Open Concept Modern Kitchen With Integrated Appliances, Custom Backsplash, Quartz Stone Countertops, Island With Breakfast Bar, 9 Feet Smooth Ceilings, 1 Bedroom With Large Closet and East Views of Lake and Toronto Skyline, Expansive Den, Balcony, Ensuite Laundry With Front Load Washer and Dryer, Favoured Location For the 1 Parking Space and 1 Locker Only Steps Away From the Elevator. Enjoy Exclusive Use of the Premium Amenities, These Include: Swimming Pool, Fully Equipped Exercise Room, Stylish Party Room, Steam Room and Hot Tub. *** Photos are of Vacant Unit, Property is now Tenanted*** (id:66096)

Property Details

MLS®: W13534974
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Waterfront: Yes
Condo Fee: $372/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,769.99/yr
Listed: 121 days ago

Rooms

Flat

Living room: 4 x 3.35 meters
Dining room: 4 x 3.35 meters
Kitchen: 2.74 x 2.14 meters
Primary Bedroom: 3.2 x 3 meters
Den: 2.29 x 2.02 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Range, Oven, Dryer, Microwave, Cooktop, Oven - Built-In, Window Coverings
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

121d

Toronto (Mimico) listings, avg age

58d

List price

$650K

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 ROYAL LEPAGE REALTY CENTRE · HERMINIO CARLOS RODRIGUES

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8V)

This home lists at $649,800, about 8.2× the local median household income of $79,000.

Carrying it typically needs a household income of about $126,929 (20% down, 25-yr amortization, stress-tested) — roughly 61% 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)

$649,800

For sale

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Full Cost Breakdown

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Down Payment6.15% · $39,980.00

Min 6.15%50%

Mortgage payment$3,381/mo

↳ CMHC premium ($24,393 capitalized)

Property tax (est.)$231/mo

Condo fee$372/mo

Total monthly$3,984

Cash Needed to Close

Down payment (6.15%)$39,980

Land transfer tax$18,942

Est. closing costs$4,449

Total cash needed$63,371

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