$525,000

For sale

#MZ 01 70 Annie Craig Drive, Toronto (Mimico) - Single Family for Sale

#MZ 01 70 Annie Craig Drive, Toronto (Mimico), Ontario, M8V0G2

1 bed1 bath0 parking550 ft²$368/mo condo feeListed 99 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $525,000, it is attractively priced about 19% below the $650,000 median asking price in Toronto.

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Description

Vita 1 Condos on the lake by Mattamy. One bedroom, Mezzanine floor (Level M) unit, just walk one floor up. one bathroom, unit has a southeast view, bright and sunny, Juliette balcony, 9 Feet Ceiling, modern kitchen, stainless steel appliances, primary bedroom has a walk-in closet with organizers. One locker. Full amenities, outdoor pool, exercise room, party room, meeting room, guest suites, visitors parking, walk to the lake, walk to famous restaurants and patio cafes, miles of cycling, walking and jogging trails. Beautiful Humber Bay Shores waterfront, clear view of downtown Toronto skyline. Seller is motivated, good opportunity for Investors (id:66096)

Property Details

MLS®: W13618592
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $368/mo
Fee Includes: Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $1,971.99/yr
Listed: 99 days ago

Rooms

Flat

Living room: 3.56 x 2.62 meters
Dining room: 3.45 x 2.75 meters
Kitchen: 3.45 x 2.75 meters
Primary Bedroom: 3.76 x 2.82 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, Stove, Dryer, Microwave, Blinds
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

99d

Toronto (Mimico) listings, avg age

58d

Price / ft²

$955

List price

$525K

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 1-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 HOMELIFE/BAYVIEW REALTY INC. · JAVAID A. KHAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8V)

This home lists at $525,000, about 6.6× the local median household income of $79,000.

Carrying it typically needs a household income of about $102,551 (20% down, 25-yr amortization, stress-tested) — roughly 30% 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)

$525,000· $955/ft²

For sale

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Full Cost Breakdown

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Down Payment5.24% · $27,500

Min 5.24%50%

Mortgage payment$2,758/mo

↳ CMHC premium ($19,900 capitalized)

Property tax (est.)$164/mo

Condo fee$368/mo

Total monthly$3,291

Cash Needed to Close

Down payment (5.24%)$27,500

Land transfer tax$13,950

Est. closing costs$4,075

Total cash needed$45,525

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