56 Annie Craig Drive Unit 3204, Toronto W06

Price: $609,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W12892080

Gorgeous Unobstructed South West Skyline & Lakeview! Welcome To Unit 3204 At Lago, This 1Bed + Den (663sqft) With Lots Of Upgrades. Open Concept With Floor To Ceiling Windows, Quartz Countertops, S/S Appliances, Ceramic Backsplash, Unique Walk Out From Living & Bedroom To Oversized Balcony. Parking & Locker Included, Steps To Waterfront Parks & Trails, Restaurants, TTC, Metro, Shoppers, LCBO & Shops (Pictured Before Tenants Moved In)

56 Annie Craig Drive Unit 3204 - Condo photo 1 of 14 in Liberty Village / Parkdale / South Parkdale, Ontario
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56 Annie Craig Drive Unit 3204 - Condo photo 6 of 14 in Liberty Village / Parkdale / South Parkdale, Ontario
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$609,000 - 56 Annie Craig Drive Unit 3204, Liberty Village

Condo for Sale in Liberty Village

New — Listed yesterday
2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W12892080
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
RIGHT AT HOME REALTY
Description

Gorgeous Unobstructed South West Skyline & Lakeview! Welcome To Unit 3204 At Lago, This 1Bed + Den (663sqft) With Lots Of Upgrades. Open Concept With Floor To Ceiling Windows, Quartz Countertops, S/S Appliances, Ceramic Backsplash, Unique Walk Out From Living & Bedroom To Oversized Balcony. Parking & Locker Included, Steps To Waterfront Parks & Trails, Restaurants, TTC, Metro, Shoppers, LCBO & Shops (Pictured Before Tenants Moved In)

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,124.49/mo

Includes CMHC insurance ($16,991)

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5-yr fixed avg.

Principal: $548,100Interest: $372,255
Mortgage Amount$565,091
Total Interest$372,255
Est. Property Tax$431/mo
Total Cost$937,346

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 3204, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$431
Insurance (est.)-$127
Net Cash Flow+$1,252

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $1015/sqft, this property is priced in line with current Liberty Village market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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 600 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 $2,538 (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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