39 Annie Craig Drive Unit 605, Toronto W06

Price: $590,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: W13161026

Welcome to Unit 605 at Cove at Waterways, a modern waterfront residence in Toronto's vibrant Humber Bay Shores community. This bright 1-bedroom suite offers a functional open concept layout with Modern kitchen featuring stainless steel appliances and granite countertops, Floor-to-ceiling windows fill the space with natural light and lead to a private wrap around balcony, ideal for enjoying the fresh lakefront air. Complete with parking, and just Steps to TTC with easy access to major highways. Prime waterfront location, minutes to downtown, Sheraway Garden, Costco, and IKEA. Walking distance to the Lake, Humber Bay Park, waterfront trails, restaurants, Metro, Shoppers Drug Mart, banks, and more..

39 Annie Craig Drive Unit 605 - Condo photo 1 of 12 in Liberty Village / Parkdale / South Parkdale, Ontario
39 Annie Craig Drive Unit 605 - Condo photo 2 of 12 in Liberty Village / Parkdale / South Parkdale, Ontario
39 Annie Craig Drive Unit 605 - Condo photo 3 of 12 in Liberty Village / Parkdale / South Parkdale, Ontario
39 Annie Craig Drive Unit 605 - Condo photo 4 of 12 in Liberty Village / Parkdale / South Parkdale, Ontario
39 Annie Craig Drive Unit 605 - Condo photo 5 of 12 in Liberty Village / Parkdale / South Parkdale, Ontario
39 Annie Craig Drive Unit 605 - Condo photo 6 of 12 in Liberty Village / Parkdale / South Parkdale, Ontario
39 Annie Craig Drive Unit 605 - Condo photo 7 of 12 in Liberty Village / Parkdale / South Parkdale, Ontario
39 Annie Craig Drive Unit 605 - Condo photo 8 of 12 in Liberty Village / Parkdale / South Parkdale, Ontario
39 Annie Craig Drive Unit 605 - Condo photo 9 of 12 in Liberty Village / Parkdale / South Parkdale, Ontario
39 Annie Craig Drive Unit 605 - Condo photo 10 of 12 in Liberty Village / Parkdale / South Parkdale, Ontario
39 Annie Craig Drive Unit 605 - Condo photo 11 of 12 in Liberty Village / Parkdale / South Parkdale, Ontario
39 Annie Craig Drive Unit 605 - Condo photo 12 of 12 in Liberty Village / Parkdale / South Parkdale, Ontario
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New Listing
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$590,000 - 39 Annie Craig Drive Unit 605, Liberty Village

Condo for Sale in Liberty Village

New — Listed 3 days ago
1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
W13161026
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
None
Exposure
South West
Balcony
Open
Listing Brokerage
HOMELIFE/ROMANO REALTY LTD.
Description

Welcome to Unit 605 at Cove at Waterways, a modern waterfront residence in Toronto's vibrant Humber Bay Shores community. This bright 1-bedroom suite offers a functional open concept layout with Modern kitchen featuring stainless steel appliances and granite countertops, Floor-to-ceiling windows fill the space with natural light and lead to a private wrap around balcony, ideal for enjoying the fresh lakefront air. Complete with parking, and just Steps to TTC with easy access to major highways. Prime waterfront location, minutes to downtown, Sheraway Garden, Costco, and IKEA. Walking distance to the Lake, Humber Bay Park, waterfront trails, restaurants, Metro, Shoppers Drug Mart, banks, and more..

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,027.01/mo

Includes CMHC insurance ($16,461)

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5-yr fixed avg.

Principal: $531,000Interest: $360,641
Mortgage Amount$547,461
Total Interest$360,641
Est. Property Tax$418/mo
Total Cost$908,102

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Liberty Village / Parkdale / South Parkdale

Discover Liberty Village / Parkdale / South Parkdale

Liberty Village / Parkdale / South Parkdale is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Liberty Village / Parkdale / South Parkdale

  • Convenient location in Liberty Village / Parkdale / South Parkdale
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Liberty Village / Parkdale / South Parkdale offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

39 Annie Craig Drive Unit 605, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$418
Insurance (est.)-$123
Net Cash Flow+$934

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1180/sqft, this property is priced above the Liberty Village average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Just Listed - Act Strategically

This property hit the market within the last week. In Liberty Village's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 500 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Investment Perspective

Looking at this as an investment: Liberty Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,458 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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