$647,000 - 70 Annie Craig Drive Unit 4603, Liberty Village
New Construction for Sale in Liberty Village
138 days on market- MLS Number
- W12447449
- Property Type
- New Construction
- Status
- active
- Days on Site
- 138
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- Owned
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- AKARAT GROUP INC.
Outstanding investment and lifestyle opportunity at Vita on the Lake, an elegant waterfront residence in the heart of Humber Bay Shores. This bright and modern 1 Bedroom + Den, 2 Bathroom suite on the 46th floor showcases spectacular, unobstructed views of Lake Ontario and the Toronto skyline. With no rent control, it offers a great chance for investors to maximize rental potential, while owners will appreciate the thoughtfully designed layout featuring 9-foot ceilings, wide-plank flooring, quartz countertops, stainless steel appliances, and a spacious balcony that extends the living space. The 56-storey building provides top-tier amenities including a fitness centre, yoga studio, sauna, outdoor saltwater pool, rooftop BBQ terrace, guest suites, secure underground parking, pet wash station, and 24-hour concierge. Perfectly positioned near waterfront trails, parks, cafes, and transit, this suite combines the best of nature and city livingideal for investors, professionals, or downsizers seeking modern luxury by the lake.
Estimate your monthly payments for this property
Estimated Payment
$3,319.45/mo
Includes CMHC insurance ($18,051)
5-yr fixed avg.
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.
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
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 Annie Craig Drive Unit 4603, Liberty Village / Parkdale / South Parkdale
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1078/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.
Negotiation Opportunity
At 138 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.
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 $2,696 (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.