56 Annie Craig Drive Unit Lph01, Toronto W06

Price: $4,500,000

5 bedrooms, 5 bathrooms

3,250 sqft

Property Type: New Construction

MLS#: W12985266

Rare found 4+1 bedrooms unit on the water! Unbelievable Unobstructed City And Lake Views Of Toronto Skyline. Over 3250 sqft with 4 parking spots. Spread Over Half of An Entire Floor On The Humber Bay Shores, Spectacular View Of The Cn Tower, 10' Ceilings, Light Filled Interior. All Bedrooms With Walk Out To The Wrapped Around Balcony. Heated Floor In All Bathrooms. Indoor Pool, Hot Tub, Saunas, Gym, Fitness Center, Guest Suites, Party Room, Theater, 24 Hour Concierge, Minutes To Hwy And Steps To Ttc. Close To Parks, Lake, Restaurants.

56 Annie Craig Drive Unit Lph01 - New Construction photo 1 of 19 in Liberty Village / Parkdale / South Parkdale, Ontario
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$4,500,000 - 56 Annie Craig Drive Unit Lph01, Liberty Village

New Construction for Sale in Liberty Village

88 days on market

Neighbourhood: Mimico

5Beds
5Baths
3,250Sq Ft
New Construction
Property Details
MLS Number
W12985266
Property Type
New Construction
Status
active
Days on Site
88
Bedrooms
5
Bathrooms
5
Square Feet
3,250 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
INX LANDMARK REALTY
Description

Rare found 4+1 bedrooms unit on the water! Unbelievable Unobstructed City And Lake Views Of Toronto Skyline. Over 3250 sqft with 4 parking spots. Spread Over Half of An Entire Floor On The Humber Bay Shores, Spectacular View Of The Cn Tower, 10' Ceilings, Light Filled Interior. All Bedrooms With Walk Out To The Wrapped Around Balcony. Heated Floor In All Bathrooms. Indoor Pool, Hot Tub, Saunas, Gym, Fitness Center, Guest Suites, Party Room, Theater, 24 Hour Concierge, Minutes To Hwy And Steps To Ttc. Close To Parks, Lake, Restaurants.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$19,905.02/mo

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5%20%50%

5-yr fixed avg.

Principal: $3,600,000Interest: $2,371,505
Mortgage Amount$3,600,000
Total Interest$2,371,505
Est. Property Tax$3,188/mo
Total Cost$5,971,505

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 Lph01, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,325/mo
Range: $3,676 - $4,974
Cap Rate (ROI)
0.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,325
Maintenance Fees-$0
Property Tax (est.)-$3,188
Insurance (est.)-$938
Net Cash Flow+$199

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 $1385/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.

Negotiation Opportunity

At 88 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.

Larger Home Realities

At 3,250 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Liberty Village.

Bathroom Count Matters

With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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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    56 Annie Craig Drive Unit Lph01 | $4,500,000 | Battaglia Team