$649,990

For sale

#511 38 Annie Craig Drive, Toronto (Mimico) - Single Family for Sale

#511 38 Annie Craig Drive, Toronto (Mimico), Ontario, M8V0G9

2 beds1 bath1 parking650 ft²$467/mo condo feeListed 56 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Its $649,990 asking price sits right in line with the $650,000 median in Toronto.

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Description

Welcome to Brand New Waters Edge Condos! Stunning new waterfront community offering panoramic views of the lake and the Toronto skyline. This Beautiful never lived in 2-bedroom corner suite boasts over 640 sq ft of living space, complete with floor-to-ceiling windows and a large wrap-around balcony. The open-concept layout features sleek stainless steel appliances and quartz countertops. Both the Primary Bedroom and Living Room offer direct access to the balcony. Enjoy resort-style amenities, including an indoor pool, sauna, hot tub, fitness centre, and more. Perfectly situated just steps from Humber Bay Shores Park, scenic waterfront trails, shops, restaurants, and public transit. Includes one parking space, one locker, and 24-hour concierge/security (id:66096)

Property Details

MLS®: W13768866
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $467/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Listed: 56 days ago

Rooms

Main level

Living room: 6.28 x 3.23 meters
Dining room: 6.28 x 3.23 meters
Kitchen: 6.28 x 3.23 meters
Bedroom: 3.08 x 2.93 meters
Bedroom 2: 3.17 x 2.32 meters
Bathroom
Laundry room

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, Oven, Dryer, Blinds
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

56d

Toronto (Mimico) listings, avg age

58d

Price / ft²

$1,001

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) has been listed for 56 days, which is 2 days fresher than the city average of 58. Act while there is still low competition.

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Listed by DREAM MAKER REALTY INC. · FAWAAD WAZIRI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8V)

This home lists at $649,990, about 8.2× the local median household income of $79,000.

Carrying it typically needs a household income of about $126,966 (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)

$649,990· $1,001/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $39,999

Min 6.15%50%

Mortgage payment$3,382/mo

↳ CMHC premium ($24,400 capitalized)

Est. property tax$0/mo

Condo fee$467/mo

Total monthly$3,849

Cash Needed to Close

Down payment (6.15%)$39,999

Land transfer tax$18,950

Est. closing costs$4,450

Total cash needed$63,399

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