56 Annie Craig Drive Unit UPH05, Toronto W06

Price: $4,950

3 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W12906220

Upper Penthouse at Lago with breathtaking lake + skyline views! Bright 3-bed/3 bath suite with a wide layout, floor-to-ceiling windows, and a huge 400 sq.ft. balcony. Modern kitchen, spacious living area, split-bedroom design, primary ensuite + walk-in closet. Premium finishes+ high ceilings. 1 Parking spot. Lago offers resort-style amenities: indoor pool, hot tub, sauna, full gym, theatre room, BBQ terrace, dog-wash station, party room, guest suites, visitor parking, and 24-hour concierge. All in the heart of Humber Bay Shores-where convenience meets true waterfront living.

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$4,950/mo - 56 Annie Craig Drive Unit UPH05, Liberty Village

Condo for Rent in Liberty Village

88 days on market
3Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W12906220
Property Type
Condo
Status
active
Days on Site
88
Bedrooms
3
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
None
Exposure
South East
Balcony
Open
Listing Brokerage
PROPERTY.CA INC.
Description

Upper Penthouse at Lago with breathtaking lake + skyline views! Bright 3-bed/3 bath suite with a wide layout, floor-to-ceiling windows, and a huge 400 sq.ft. balcony. Modern kitchen, spacious living area, split-bedroom design, primary ensuite + walk-in closet. Premium finishes+ high ceilings. 1 Parking spot. Lago offers resort-style amenities: indoor pool, hot tub, sauna, full gym, theatre room, BBQ terrace, dog-wash station, party room, guest suites, visitor parking, and 24-hour concierge. All in the heart of Humber Bay Shores-where convenience meets true waterfront living.

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 UPH05, Liberty Village / Parkdale / South Parkdale

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Rental Market Analysis

How this lease stacks up against the local rental market

Asking Rent
$4,950/mo
↑ Above typical 3-bed market rent
Annual Rent Cost
$59,400
12 × monthly rent

Estimated Monthly Budget

Asking Rent$4,950/mo
Utilities (est.)~$130/mo
Est. Total Monthly Cost~$5,080/mo

Things to Confirm Before Signing

· Are utilities included, or separate?

· How many parking spots are included?

· Is the landlord open to a 1-year or 2-year lease?

· Are pets and small renovations (paint, hooks) allowed?

· When was the last rent increase, if there is a prior tenant?

Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.

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

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Above Market Rent

At $4,950/mo, this is asking above the typical 3-bedroom rent of ~$3,500/mo in Liberty Village. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.

Negotiation Opportunity

At 88 days on site, this property has exceeded the typical selling timeline for Liberty Village. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Lease Terms to Negotiate

Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.

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    56 Annie Craig Drive Unit UPH05 | $4,950 | Battaglia Team