Toronto / Etobicoke / Mimico

UPH05 - 56 Annie Craig Dr

1 / 27

For SaleLago at the Waterfront Condos

$1,699,000

Price Cut: $1,749,000

2 Beds + 1

3 Bath

2 Parking

1,500 SQFT

46 Days on Strata

Est Sell Timeframe

9 Days

Listing History

Unit Highlights

Property Type:

Condo

Maintenance Fees:

$1,128/mth

Taxes:

$6,302 (2024)

Cost Per Sqft:

$1,133/sqft

Locker:

Owned

Outdoor Space:

Terrace

Exposure:

South East

Possession Date:

November 1, 2024

Laundry:

Ensuite

Buyer's Market

Balanced

Seller's Market

Maintenance Fees

Included

Heat

Air Conditioning

Water

Parking

Building Maintenance

Building Insurance

Excluded

Hydro

Utility Type

Air Conditioning: Central Air
Heat Source: Gas
Heating: Heat Pump

Room Dimensions

Foyer

Double Closet, Tile Floor, Walk Through

11.19 x 5.41ft

Kitchen

Hardwood Floor, Built-in Appliances, O/Looks Living

17.68 x 9.42ft

Living

Windows Floor to Ceiling, North View, Open Concept

19.69 x 12.63ft

About this Listing

This Is Not Lake Side Living. This Is Lake TOP Living. If You Are Looking For That Coveted Lake &City View, Look No Further. Penthouse 5 Is Sure To Impress. With Almost 1500SF Of Living Space, This2 Bedroom & Den Suite Is Family Friendly With The Den Being Large Enough To Make A Third Bedroom,Nursery Or Simply Be Kept As Is. A Home Office. With Both Bedrooms And The Dining Room Giving YouAccess To The Wrap Around Terrace; Enjoying The Outdoors Has Never Been Easier. 180 Degree ViewsGreet You Every Morning And Bid You Adieu Every Night With Both Warm Sunrises And Golden Sunsets. IfYou Covet The Waterfront Lifestyle, Step 100' South To The Boardwalk And Soak In The Calmness Of TheLake. Centrally Located In The Humber Bayshore Neighbourhood, You Are Not Far From Yacht Clubs, The427, Gardiner, Groceries And Of Course La Vecchia. For The EV Lovers, This Unit Has 2 Parking SpotsWith One Being Equipped With A Charger That Can Service Both Spots (Side x Side).

ExtrasState Of The Art Fitness Studio And Pool Await You On The 2nd Floor As Well As Party Room ThatIncludes A Billiards Lounge And Outdoor Terrace With BBQ's. Hydro For EV Parking Is Approx.$52/Month. Separately Metered.

the agencyMLS® #W9392844

Amenities

Media Room

Gym Room

Concierge

Guest Suites

Indoor Pool

Visitor Parking

Explore Neighbourhood

5/10

Walkability

Your legs are getting a workout, and so is your patience. But look, a wild post office appears!

7/10

Transit

Transit's there for you, like a loyal golden retriever.

6/10

Bikeability

The bike lane starts to feel like a second home.

Similar Listings

Demographics

Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

Population

23,316

Average Individual Income

$64,286

Average Household Size

3 persons

Average Age

Average Household Income

$109,977

Dominant Housing Type

Detached

Population By Age

0 - 14

14%

15 - 19

20 - 34

21%

35 - 49

19%

50 - 64

23%

65+

20%

Household Income

$0 - $30,000

49%

$30,000+

24%

$60,000+

13%

$90,000+

$125,000+

Housing Types & Tenancy

Detached

36%

Semi Detached

26%

High Rise Apartment

20%

Low Rise Apartment

11%

Duplex

Marital Status

Commute

Languages (Primary Language)

English

58%

Mandarin

14%

Other

13%

Cantonese

10%

Tagalog

Spanish

Korean

Tamil

Education

University and Above

33%

High School

27%

None

16%

College

15%

Apprenticeship

University Below Batchelor

Major Field of Study

Business Management

25%

Architecture & Engineering

20%

Health & Related Fields

12%

Social Sciences

10%

Math & Computer Sciences

Education

Humanities

Physical Sciences

Personal, Protective & Transportation Services

Visual & Performing Arts

Price Trends

Maintenance Fees

Lago at the Waterfront Condos vs The Mimico Area

Building Trends At Lago at the Waterfront Condos

Days on Strata

Units at Lago at the Waterfront Condos spend an average of

Days on Strata

based on recent sales

List vs Selling Price

On average, these condos sell for

below

the list price.

Offer Competition

Condos in this building have an

AVERAGE

chance of receiving

Multiple Offers

compared to other buildings in Mimico

Turnover of Units

On average, each unit is owned for

5.9

YEARS before being sold again

Property Value

-2%

Decrease in property value within the past twelve months

Price Ranking

4th

Highest price per SQFT out of 57 condos in the Mimico area

Sold Units

Units were Sold over the past twelve months

Rented Units

Units were Rented over the past twelve months

Best Value Rank

Lago at the Waterfront Condos offers the

best value out of 57 condos in the Mimico neighbourhood

Appreciation Rank

Lago at the Waterfront Condos has the

highest ROI out of 57 condos in the Mimico neighbourhood

Rental Yield

Lago at the Waterfront Condos yields the

highest rent prices out of 57 condos in the Mimico neighbourhood

High Demand

Lago at the Waterfront Condos is the

most popular building out of 57 condos in the Mimico neighbourhood

Transaction Insights at 56 Annie Craig Drive

	Studio	1 Bed	1 Bed + Den	2 Bed	2 Bed + Den	3 Bed + Den
Price Range	$448,888	$525,000 - $590,000	No Data	$710,000 - $1,120,000	$732,500 - $1,168,000	No Data
Avg. Cost Per Sqft	$1,097	$1,076	No Data	$1,048	$1,083	No Data
Price Range	$1,875	$2,399 - $2,500	$2,400 - $2,750	$2,800 - $3,900	$3,650 - $5,200	No Data
Avg. Wait for Unit Availability	195 Days	69 Days	27 Days	46 Days	60 Days	No Data
Avg. Wait for Unit Availability	123 Days	20 Days	13 Days	15 Days	27 Days	No Data
Ratio of Units in Building	4%	20%	33%	28%	17%	1%

Transactions vs Inventory

Total number of units listed and sold in Mimico