39 Annie Craig Drive Unit 1502, Toronto W06

Price: $559,000

2 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: W13505758

Welcome to unit 1502 at 39 Annie Craig Drive, a thoughtfully maintained one-bedroom plus den home available for sale. Owned and meticulously cared for by the original owner, this home reflects a genuine pride of ownership that is immediately apparent from the moment you walk through the door. The layout has been designed to make the most of every square foot. The open-concept living and dining area creates an inviting central space. Large windows bring in plenty of natural light throughout the day, while the south-west exposure provides an amazing backdrop as the sun moves across the sky. Looking out to your left from the spacious balcony, you'll even catch views of Lake Ontario. One of the standout features of this unit is its oversized balcony. Rather than limiting access to a single room, the balcony can be reached through two separate sliding doors-one from the living room and another from the bedroom.Inside, the kitchen is equipped with stainless steel appliances and overlooks the main living area. The bedroom is generously sized and offers direct access to the balcony, making it easy to enjoy the views from the moment you wake up or wind down in the evening. The separate den adds valuable flexibility and can easily function as a dedicated home office, reading room, study space, or hobby area depending on your lifestyle. There is one owned parking spot and one owned locker, providing secure storage for seasonal items, sports equipment, or extra belongings while ensuring convenient parking year-round. You'll also enjoy access to an excellent collection of building amenities like a fully equipped gym, visitor parking, concierge service, and take advantage of the bike room for easy storage after exploring Toronto's waterfront trails.

39 Annie Craig Drive Unit 1502 - Condo photo 1 of 24 in Liberty Village / Parkdale / South Parkdale, Ontario
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New Listing
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$559,000 - 39 Annie Craig Drive Unit 1502, Liberty Village

Condo for Sale in Liberty Village

New — Listed 7 days ago

Neighbourhood: Mimico

2Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
W13505758
Property Type
Condo
Status
active
Days on Site
7
Bedrooms
2
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
SHORELINE REALTY CORP.
Description

Welcome to unit 1502 at 39 Annie Craig Drive, a thoughtfully maintained one-bedroom plus den home available for sale. Owned and meticulously cared for by the original owner, this home reflects a genuine pride of ownership that is immediately apparent from the moment you walk through the door. The layout has been designed to make the most of every square foot. The open-concept living and dining area creates an inviting central space. Large windows bring in plenty of natural light throughout the day, while the south-west exposure provides an amazing backdrop as the sun moves across the sky. Looking out to your left from the spacious balcony, you'll even catch views of Lake Ontario. One of the standout features of this unit is its oversized balcony. Rather than limiting access to a single room, the balcony can be reached through two separate sliding doors-one from the living room and another from the bedroom.Inside, the kitchen is equipped with stainless steel appliances and overlooks the main living area. The bedroom is generously sized and offers direct access to the balcony, making it easy to enjoy the views from the moment you wake up or wind down in the evening. The separate den adds valuable flexibility and can easily function as a dedicated home office, reading room, study space, or hobby area depending on your lifestyle. There is one owned parking spot and one owned locker, providing secure storage for seasonal items, sports equipment, or extra belongings while ensuring convenient parking year-round. You'll also enjoy access to an excellent collection of building amenities like a fully equipped gym, visitor parking, concierge service, and take advantage of the bike room for easy storage after exploring Toronto's waterfront trails.

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Estimated Payment

$2,867.96/mo

Includes CMHC insurance ($15,596)

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5-yr fixed avg.

Principal: $503,100Interest: $341,692
Mortgage Amount$518,696
Total Interest$341,692
Est. Property Tax$396/mo
Total Cost$860,388

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

39 Annie Craig Drive Unit 1502, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$325
Property Tax (est.)-$396
Insurance (est.)-$116
Net Cash Flow+$1,363

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

Fair Market Value

At $1118/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. We'll want to verify the monthly fees and what they include.

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 $2,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    39 Annie Craig Drive Unit 1502 | $559,000 | Battaglia Team