56 Annie Craig Drive Unit #1109, Toronto W06

Price: $359,980

0 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: W13477470

Rare found! Experience resort-style waterfront living in one of the building's largest studio layouts! Total 515 sqft usable living space. This intelligently designed suite lives like a one-bedroom with a distinct sleeping area, open-concept living/dining space, and a rare oversized balcony spanning the width of the unit. Lower Maintenance fee including water and heat. This home is located in park heaven, with 3 parks and 6 recreation facilities within a 20 minute walk from this address. Humber Bay Shores Park, 3 mins walk. Humber Bay Park East, 4 mins walk. Jean Augustine Park, 5 mins walk. Enjoy unobstructed views, abundant natural light, and an exceptional indoor-outdoor lifestyle just steps from the lake, trails, parks, transit, and everyday amenities, including 24/7 concierge, gym, indoor pool, sauna, party room, guest suites, visitor parking, and outdoor terrace/BBQ areas. One locker included. Perfect for first-time buyers, investors, or professionals seeking stylish urban waterfront living.

56 Annie Craig Drive Unit #1109 - Condo photo 1 of 21 in Liberty Village / Parkdale / South Parkdale, Ontario
56 Annie Craig Drive Unit #1109 - Condo photo 2 of 21 in Liberty Village / Parkdale / South Parkdale, Ontario
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$359,980 - 56 Annie Craig Drive Unit #1109, Liberty Village

Condo for Sale in Liberty Village

Popular Listing

Neighbourhood: Mimico

0Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
W13477470
Property Type
Condo
Status
active
Days on Site
14
Bedrooms
0
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
Owned
Exposure
North West
Balcony
Open
Listing Brokerage
MASTER`S TRUST REALTY INC.
Description

Rare found! Experience resort-style waterfront living in one of the building's largest studio layouts! Total 515 sqft usable living space. This intelligently designed suite lives like a one-bedroom with a distinct sleeping area, open-concept living/dining space, and a rare oversized balcony spanning the width of the unit. Lower Maintenance fee including water and heat. This home is located in park heaven, with 3 parks and 6 recreation facilities within a 20 minute walk from this address. Humber Bay Shores Park, 3 mins walk. Humber Bay Park East, 4 mins walk. Jean Augustine Park, 5 mins walk. Enjoy unobstructed views, abundant natural light, and an exceptional indoor-outdoor lifestyle just steps from the lake, trails, parks, transit, and everyday amenities, including 24/7 concierge, gym, indoor pool, sauna, party room, guest suites, visitor parking, and outdoor terrace/BBQ areas. One locker included. Perfect for first-time buyers, investors, or professionals seeking stylish urban waterfront living.

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Estimated Payment

$1,846.88/mo

Includes CMHC insurance ($10,043)

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5-yr fixed avg.

Principal: $323,982Interest: $220,040
Mortgage Amount$334,025
Total Interest$220,040
Est. Property Tax$255/mo
Total Cost$554,065

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

56 Annie Craig Drive Unit #1109, 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)
5.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$325
Property Tax (est.)-$255
Insurance (est.)-$75
Net Cash Flow+$1,545

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

Competitive Pricing

At $720/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

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.

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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    MLS# W13477470 — 56 Annie Craig Drive Unit #1109 | Battaglia Team