$649,800 - 59 Annie Craig Drive Unit 3502, Liberty Village
Condo for Sale in Liberty Village
47 days on marketNeighbourhood: Mimico
- MLS Number
- W13534974
- Property Type
- Condo
- Status
- active
- Days on Site
- 47
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE REALTY CENTRE
Experience Elevated Waterfront Luxury At Ocean Club, This Modern Building Exudes Contemporary Design and Atmosphere! The "Palm Beach" 595 Sq Ft + 50 Sq Ft Balcony! Perched on the 35th Floor, Offering Panoramic Unobstructed East Exposure of Lake Ontario, Bay, City Downtown and CN Tower! Watch the Sun Rise Over the Lake and Sweeping, Stunning Views of Toronto Skyline As It Shines Beneath The Stars! Enjoy True Urban Convenience By The Water! Walk to Lake, Lake Front Parks, Trails and Marina! Minutes to Public Transit, Restaurants, Grocery Stores and QEW and 427 Highway! Open Concept Modern Kitchen With Integrated Appliances, Custom Backsplash, Quartz Stone Countertops, Island With Breakfast Bar, 9 Feet Smooth Ceilings, 1 Bedroom With Large Closet and East Views of Lake and Toronto Skyline, Expansive Den, Balcony, Ensuite Laundry With Front Load Washer and Dryer, Favoured Location For the 1 Parking Space and 1 Locker Only Steps Away From the Elevator. Enjoy Exclusive Use of the Premium Amenities, These Include: Swimming Pool, Fully Equipped Exercise Room, Stylish Party Room, Steam Room and Hot Tub. *** Photos are of Vacant Unit, Property is now Tenanted***
Estimate your monthly payments for this property
Estimated Payment
$3,333.81/mo
Includes CMHC insurance ($18,129)
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.
59 Annie Craig Drive Unit 3502, Liberty Village / Parkdale / South Parkdale
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Rental income estimator & ROI calculator
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
Premium Pricing
At $1300/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 47 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.
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 $2,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.