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    Toronto / Etobicoke / Mimico

    UPH05 - 56 Annie Craig Dr

    For SaleLago at the Waterfront Condos
    $1,699,000
    Price Cut: $1,749,000
    2 Beds + 1
    3 Bath
    2 Parking
    1,500 SQFT
    42 Days on Strata
    Est Sell Timeframe
    8 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

    Indoor Pool
    Party Room
    Security System
    Visitor Parking
    Concierge
    Gym Room

    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
    45
    Average Household Income
    $109,977
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    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+
    7%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    36%
    Semi Detached
    26%
    High Rise Apartment
    20%
    Low Rise Apartment
    11%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    58%
    Mandarin
    14%
    Other
    13%
    Cantonese
    10%
    Tagalog
    2%
    Spanish
    1%
    Korean
    1%
    Tamil
    1%
    Education
    University and Above
    33%
    High School
    27%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Social Sciences
    10%
    Math & Computer Sciences
    7%
    Education
    5%
    Humanities
    4%
    Physical Sciences
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    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
    29
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    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

    14
    Units were Sold over the past twelve months

    Rented Units

    60
    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

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed + Den
    Price Range$448,888$525,000 - $590,000No Data$710,000 - $1,120,000$732,500 - $1,168,000No Data
    Avg. Cost Per Sqft$1,097$1,076No Data$1,048$1,083No Data
    Avg. Wait for Unit Availability195 Days69 Days27 Days46 Days60 DaysNo Data
    Ratio of Units in Building4%20%33%28%17%1%

    Transactions vs Inventory

    Total number of units listed and sold in Mimico