39 Annie Craig Drive Unit 221, Toronto W06

Price: $879,900

2 bedrooms, 2 bathrooms

800 sqft

Property Type: New Construction

MLS#: W12340825

Brand New Never Lived In Unit At Cove Condos! Beautiful 2 Bed/2Bath- 863 Sq Ft With Extra Large Balcony, Walk-In Closet In The Master, Stainless Steel Appliances, Quartz Counter Tops, Parking & Locker! Excellent Location! Close To Downtown Toronto, Highways, Airport, Shopping, Parks, Yacht Clubs, Sunnyside Beach, Boardwalk, Cafes, Restaurants, Ttc! Enjoy Living By The Lake In This Fabulous Location. Humber Bay At It's Finest!

39 Annie Craig Drive Unit 221 - New Construction photo 1 of 24 in Liberty Village / Parkdale / South Parkdale, Ontario
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$879,900 - 39 Annie Craig Drive Unit 221, Liberty Village

New Construction for Sale in Liberty Village

158 days on market

Neighbourhood: Mimico

2Beds
2Baths
800Sq Ft
New Construction
Property Details
MLS Number
W12340825
Property Type
New Construction
Status
active
Days on Site
158
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
Owned
Exposure
South
Balcony
Terrace
Listing Brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Description

Brand New Never Lived In Unit At Cove Condos! Beautiful 2 Bed/2Bath- 863 Sq Ft With Extra Large Balcony, Walk-In Closet In The Master, Stainless Steel Appliances, Quartz Counter Tops, Parking & Locker! Excellent Location! Close To Downtown Toronto, Highways, Airport, Shopping, Parks, Yacht Clubs, Sunnyside Beach, Boardwalk, Cafes, Restaurants, Ttc! Enjoy Living By The Lake In This Fabulous Location. Humber Bay At It's Finest!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,514.34/mo

Includes CMHC insurance ($24,549)

$
$
5%10%50%

5-yr fixed avg.

Principal: $791,910Interest: $537,844
Mortgage Amount$816,459
Total Interest$537,844
Est. Property Tax$623/mo
Total Cost$1,354,303

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 221, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$623
Insurance (est.)-$183
Net Cash Flow+$1,594

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 $1100/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 158 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 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.

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 $3,666 (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.

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    39 Annie Craig Drive Unit 221 | $879,900 | Battaglia Team