56 Annie Craig Drive Unit 302, Toronto W06

Price: $425,000

1 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: W13225706

Welcome to luxury living at the highly sought-after Lago at the Waterfront in Mimico! This bright and modern 1-bedroom unit features a functional open-concept layout with stunning sun-filled south exposure. Enjoy stylish finishes and an inviting living space perfect for comfortable everyday living and entertaining.Conveniently located just minutes to the QEW and Gardiner Expressway, with easy access to public transit. Steps to scenic Mimico waterfront trails, parks, Metro, Shoppers Drug Mart, LCBO, and a variety of restaurants and local amenities.Residents enjoy premium building amenities including a fully equipped exercise room, gym, indoor pool, and 24-hour concierge service. Includes 1 parking space.

56 Annie Craig Drive Unit 302 - Condo photo 1 of 28 in Liberty Village / Parkdale / South Parkdale, Ontario
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$425,000 - 56 Annie Craig Drive Unit 302, Liberty Village

Condo for Sale in Liberty Village

Popular Listing
1Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
W13225706
Property Type
Condo
Status
active
Days on Site
9
Bedrooms
1
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
REAL BROKER ONTARIO LTD.
Description

Welcome to luxury living at the highly sought-after Lago at the Waterfront in Mimico! This bright and modern 1-bedroom unit features a functional open-concept layout with stunning sun-filled south exposure. Enjoy stylish finishes and an inviting living space perfect for comfortable everyday living and entertaining.Conveniently located just minutes to the QEW and Gardiner Expressway, with easy access to public transit. Steps to scenic Mimico waterfront trails, parks, Metro, Shoppers Drug Mart, LCBO, and a variety of restaurants and local amenities.Residents enjoy premium building amenities including a fully equipped exercise room, gym, indoor pool, and 24-hour concierge service. Includes 1 parking space.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,180.47/mo

Includes CMHC insurance ($11,858)

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5%10%50%

5-yr fixed avg.

Principal: $382,500Interest: $259,784
Mortgage Amount$394,358
Total Interest$259,784
Est. Property Tax$301/mo
Total Cost$654,141

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

56 Annie Craig Drive Unit 302, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$975
Property Tax (est.)-$301
Insurance (est.)-$89
Net Cash Flow+$995

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

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 0 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.

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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    56 Annie Craig Drive Unit 302… — $425,000 | Battaglia Team