$580,000 - 38 Annie Craig Drive Unit 1008, Liberty Village
Condo for Sale in Liberty Village
New — Listed yesterdayNeighbourhood: Mimico
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- MLS Number
- W13866956
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Maintenance Fees
- $467/mo
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- ROYAL ESTATE REALTY POINT
Welcome to #1008-38 Annie Craig Drive. A 2 Bedroom + 1 washroom luxurious waterfront condo. A corner unit with breath-taking South West panoramic view of Lake-Ontario and downtown Toronto. The L shaped offers a sun filled and natural light to this functional layout 2 bed room condo-unit- 642 Sq-Ft of interior living space and an impressive 300 Sq-ft of a wrap-around balcony. This unit features floor- Ceiling windows and elegant laminate flooring through out the suite. The open-concept layout includes a modern kitchen equipped with built-in stainless steel appliances, quartz countertops, and a functional island ideal for dining and entertaining. Both the living area and the spacious primary bedroom provide direct access to the oversized balcony for your private outdoor retreat. Perfectly located just steps to shops, cafes, grocery stores, scenic parks, waterfront trails, public transit, and major highways this condo blends urban convenience with lakeside serenity. Additional highlights includes Ensuite laundry, Parking & locker included Resort-style amenities: 24-hour concierge, indoor pool, sauna, yoga studio, gym, billiards room, theatre, party room, and guest suites. A perfect opportunity for professionals, couples, or starter seeking luxury living by the lake.
Estimate your monthly payments for this property
Estimated Payment
$2,975.70/mo
Includes CMHC insurance ($16,182)
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.
Waterfront Revival
Mimico is a revitalised waterfront neighbourhood in south Etobicoke that has transformed from a quiet residential enclave into a dynamic lakeside community. New condominium developments along the lakeshore complement the area's established tree-lined streets and village character. The Mimico GO Station and TTC streetcar provide strong transit options, while the waterfront trail offers scenic recreation.
Why Live in Mimico
- •Lake Ontario waterfront access and trail
- •Revitalised village atmosphere with new development
- •Mimico GO Station for fast downtown commuting
- •Mix of new condominiums and character homes
- •Growing restaurant and retail scene
Nearby Schools
Transit & Commuting
- •Mimico GO Station on the Lakeshore West line
- •TTC 501 Queen streetcar
- •Lakeshore West GO line to Union Station
- •Easy access to Gardiner Expressway
Parks & Amenities
- •Humber Bay Park
- •Mimico waterfront trail
- •Amos Waites Park
- •Mimico Centennial Library
- •Local shops along Royal York Road
Lifestyle & Community
Mimico offers a rejuvenated waterfront lifestyle with strong transit connections and a growing dining scene. Residents enjoy lakeside walks, waterfront cycling, and easy commuting to downtown Toronto.
38 Annie Craig Drive Unit 1008, Liberty Village / Parkdale / South Parkdale
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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 $967/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. The $467/month fees should cover building insurance, common elements, and reserve contributions.
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.
About Mimico
I know Mimico well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $2,417 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.