38 Annie Craig Drive Unit 2702, Toronto W06

Price: $999,000

3 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: W13684240

Brand New Waterfront, Bright 2 bedroom plus den, South East Corner at Waters Edge at The Cove, an Luxury Condominium Projects that redefines Waterfront View Condominium Lifestyle. This Unit boost comfort (Upgraded Primary Ensuite Shower), unobstructed SOUTH Lake View & Toronto Skyline w/CN Tower View. All Bedroom & Den beside WINDOW & wrap around Balcony to ensure Sunlight & Unobstructed View (Not looking at nearby building). Premium Amenities that are BRAND NEW including 24 Hr Concierge, Indoor infinity pool with water views, sauna, and hot tub. This Building also include a LARGE outdoor Patio Area for Community Get Together!! Steps to Shops, Grocery Store, Marine Parade Trail, Humber Bay Arch Bridge & Park and Much more!! Minutes to Mimico GO, QEW & 427! Do not Miss the Opportunity to Have the Opportunity to own One of the BEST layout of the Newest Building in the Waterfront Area.

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active
New Listing
1/50

$999,000 - 38 Annie Craig Drive Unit 2702, Liberty Village

Condo for Sale in Liberty Village

New — Listed 6 days ago

Neighbourhood: Mimico

3Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
W13684240
Property Type
Condo
Status
active
Days on Site
6
Bedrooms
3
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
HOMELIFE LANDMARK REALTY INC.
Description

Brand New Waterfront, Bright 2 bedroom plus den, South East Corner at Waters Edge at The Cove, an Luxury Condominium Projects that redefines Waterfront View Condominium Lifestyle. This Unit boost comfort (Upgraded Primary Ensuite Shower), unobstructed SOUTH Lake View & Toronto Skyline w/CN Tower View. All Bedroom & Den beside WINDOW & wrap around Balcony to ensure Sunlight & Unobstructed View (Not looking at nearby building). Premium Amenities that are BRAND NEW including 24 Hr Concierge, Indoor infinity pool with water views, sauna, and hot tub. This Building also include a LARGE outdoor Patio Area for Community Get Together!! Steps to Shops, Grocery Store, Marine Parade Trail, Humber Bay Arch Bridge & Park and Much more!! Minutes to Mimico GO, QEW & 427! Do not Miss the Opportunity to Have the Opportunity to own One of the BEST layout of the Newest Building in the Waterfront Area.

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Estimate your monthly payments for this property

Estimated Payment

$5,125.39/mo

Includes CMHC insurance ($27,872)

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5-yr fixed avg.

Principal: $899,100Interest: $610,644
Mortgage Amount$926,972
Total Interest$610,644
Est. Property Tax$708/mo
Total Cost$1,537,616

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: Mimico

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

Lakeshore Collegiate InstitutePublic High School
Bishop Allen AcademyCatholic High School
John English Junior Middle SchoolPublic Middle School
George R. Gauld Junior SchoolPublic Elementary

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.

78
Walk Score
$500K - $1.5M
Price Range

38 Annie Craig Drive Unit 2702, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,600/mo
Range: $2,210 - $2,990
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,600
Maintenance Fees-$520
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$1,164

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

Premium Pricing

At $1249/sqft, this property is priced above the Liberty Village average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

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 800 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.

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.

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.

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    38 Annie Craig Drive Unit 2702 | $999,000 | Battaglia Team