$699,787

$705,787For salePrice drop↓ $6,000 (1%)

#4704 56 Annie Craig Drive, Toronto (Mimico) - Single Family for Sale

#4704 56 Annie Craig Drive, Toronto (Mimico), Ontario, M8V0C8

2 beds2 baths1 parking750 ft²$658/mo condo feeListed 39 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. It has been on the market 39 days, fresher than the Toronto average of 58 days.

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Description

Unique Opportunity not to miss! Nestled along the shores of Lake Ontario, the Humber Bay Shores Waterfront community is one of Toronto's most coveted neighbourhoods, celebrated for its breathtaking views of the downtown skyline, the historic Waterfront Trail, acclaimed dining, and close proximity to the Humber Marina. This Stunning Bright and Clean corner unit features 2- Bedroom, 2- Bath is perched on the 47th floor, with three walkouts to the Wrapped around Balcony offering breathtaking southwest exposure with Panoramic Lake and City views. Spectacular Sunset Views! 9 Ceiling and Floor to Ceiling Windows with View from every room! Split bedroom design, two full bathrooms open concept Modern kitchen. Move in Ready Condition. Parking and Locker Included. Luxury Club Lago Amenities Include: Fitness, Yoga & Weight Area, Theatre, Billiard, Party Room, Pool, Hot Tub & Sauna, Outdoor BBQ, Guest Suites, 24 Hour Concierge! Steps to TTC, Convenience Store, Restaurants, Park, Trail and Minutes To Hwy. Perfect Blend of Urban Lifestyle Surrounded by the Serenity of Nature. (id:66096)

Property Details

MLS®: W13833812
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Waterfront: Yes
Condo Fee: $658/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,506.61/yr

Rooms

Main level

Primary Bedroom: 3.23 x 2.92 meters
Bedroom 2: 3.07 x 2.59 meters
Living room: 3.99 x 3.05 meters
Kitchen: 3.78 x 2.13 meters

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

Features

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

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

39d

Toronto (Mimico) listings, avg age

58d

Price / ft²

$934

List price

$700K

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) has been listed for 39 days, which is 19 days fresher than the city average of 58. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · WENDY NG CHENG HIN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8V)

This home lists at $699,787, about 8.9× the local median household income of $79,000.

Carrying it typically needs a household income of about $136,693 (20% down, 25-yr amortization, stress-tested) — roughly 73% 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)

$699,787· $934/ft²

For sale

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Full Cost Breakdown

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Down Payment6.43% · $44,978.70

Min 6.43%50%

Mortgage payment$3,630/mo

↳ CMHC premium ($26,192 capitalized)

Property tax (est.)$292/mo

Condo fee$658/mo

Total monthly$4,580

Cash Needed to Close

Down payment (6.43%)$44,979

Land transfer tax$20,941

Est. closing costs$4,599

Total cash needed$70,519

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