$650,000

For sale

#704 56 Annie Craig Drive, Toronto (Mimico) - Single Family for Sale

#704 56 Annie Craig Drive, Toronto (Mimico), Ontario, M8V0C4

2 beds1 bath1 parking750 ft²$695/mo condo feeListed 96 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Its $650,000 asking price sits right in line with the $650,000 median in Toronto.

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Description

Must see, and not 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 Two Bedroom, One Bath is perched on the 7th floor, with three walkouts to the Wrapped around Balcony offering southeast exposure with Panoramic Lake and City views. Spectacular Sunset Views! 9 Ceiling and Floor to Ceiling Windows with View from every room! 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 available. Steps to TTC, Convenience Store, Restaurants, Park, Trail and Minutes To Hwy. (id:66096)

Property Details

MLS®: W13629888
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Style: Multi-level
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $695/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,376.17/yr
Listed: 96 days ago

Rooms

Flat

Living room: 4.1 x 3.54 meters
Dining room: 4.1 x 3.54 meters
Kitchen: 4.1 x 3.54 meters
Bedroom: 3.84 x 3.11 meters
Bedroom 2: 3.66 x 3 meters
Study: 1.2 x 1 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
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

96d

Toronto (Mimico) listings, avg age

58d

Price / ft²

$867

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 MASTER'S CHOICE REALTY INC. · FRANK WANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8V)

This home lists at $650,000, about 8.2× the local median household income of $79,000.

Carrying it typically needs a household income of about $126,968 (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)

$650,000· $867/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $40,000

Min 6.15%50%

Mortgage payment$3,382/mo

↳ CMHC premium ($24,400 capitalized)

Property tax (est.)$281/mo

Condo fee$695/mo

Total monthly$4,358

Cash Needed to Close

Down payment (6.15%)$40,000

Land transfer tax$18,950

Est. closing costs$4,450

Total cash needed$63,400

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