$535,000 - 38 Annie Craig Drive Unit 3906, Liberty Village
Condo for Sale in Liberty Village
34 days on marketNeighbourhood: Mimico
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- MLS Number
- W13740284
- Property Type
- Condo
- Status
- active
- Days on Site
- 34
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Taxes (2026)
- $1
- Maintenance Fees
- $373/mo
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
Welcome to waterfront living at its finest in Toronto's sought-after Humber Bay Shores community. This beautifully appointed residence at the gorgeous Water's Edge offers a sophisticated blend of contemporary style, comfort and an exceptional lakeside lifestyle. Bright and inviting, the thoughtfully designed open-concept layout creates an effortless flow between the kitchen, dining and living areas, while expansive windows fill the suite with natural light and showcase beautiful views toward Lake Ontario. Step outside onto the impressive oversized balcony, an extension of the living space and the perfect setting for morning coffee, evening cocktails, or simply unwinding while taking in the lake views and spectacular sunsets. The spacious bedroom provides a peaceful retreat, complemented by a modern 4-piece bathroom and convenient ensuite laundry. Beyond the suite, one of Toronto's most desirable waterfront communities awaits. Enjoy scenic walks, runs and bike rides along the waterfront trail system, explore Humber Bay Shores Park, Humber Bay Park East and West, the Humber Bay Butterfly Habitat and the iconic Humber Bay Arch Bridge, or spend an afternoon discovering the neighbourhood's growing collection of cafés, restaurants and local amenities. Offering the rare combination of waterfront tranquility and urban convenience, the location provides easy access to TTC, the Gardiner Expressway, downtown Toronto and the surrounding west-end communities. A beautiful home, an exceptional balcony and a front-row seat to Lake Ontario sunsets, this is more than condo living. It's the Humber Bay Shores lifestyle.
Estimate your monthly payments for this property
Estimated Payment
$2,744.83/mo
Includes CMHC insurance ($14,927)
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 3906, 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 $1070/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.
Market Position
At 34 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 $373/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 500 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 $2,229 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.