70 Annie Craig Drive Unit 4109, Toronto W06

Price: $499,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: New Construction

MLS#: W13509122

Welcome to Vita on the Lake by Mattamy Homes! This bright 1-bedroom suite on the 41st floor offers breathtaking unobstructed views and stylish modern living just steps from the waterfront. Approximately 524 sq. ft., this thoughtfully designed unit features an open-concept layout with a combined living and dining area that walks out to a spacious balcony, a sleek kitchen with stainless steel appliances, a generous bedroom, a contemporary 4-piece bathroom, and convenient ensuite laundry. Complete with parking and locker, this is an exceptional opportunity for first-time buyers, investors, or those seeking a low-maintenance lifestyle. Residents enjoy outstanding resort-inspired amenities including a 24-hour concierge, fully equipped fitness centre with yoga studio, sauna, elegant party room with bar, outdoor pool, sun deck, BBQ area, guest suites, and more. Ideally located just moments from Metro, Shoppers Drug Mart, transit, waterfront trails, parks, restaurants, cafés, and everyday conveniences, this nearly new condominium combines luxury, lifestyle, and unbeatable convenience in one of Etobicoke's most desirable waterfront communities.

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active
New Listing
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$499,000 - 70 Annie Craig Drive Unit 4109, Liberty Village

New Construction for Sale in Liberty Village

New — Listed 6 days ago

Neighbourhood: Mimico

1Beds
1Baths
500Sq Ft
New Construction
Property Details
MLS Number
W13509122
Property Type
New Construction
Status
active
Days on Site
6
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
Owned
Exposure
North West
Balcony
Open
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Welcome to Vita on the Lake by Mattamy Homes! This bright 1-bedroom suite on the 41st floor offers breathtaking unobstructed views and stylish modern living just steps from the waterfront. Approximately 524 sq. ft., this thoughtfully designed unit features an open-concept layout with a combined living and dining area that walks out to a spacious balcony, a sleek kitchen with stainless steel appliances, a generous bedroom, a contemporary 4-piece bathroom, and convenient ensuite laundry. Complete with parking and locker, this is an exceptional opportunity for first-time buyers, investors, or those seeking a low-maintenance lifestyle. Residents enjoy outstanding resort-inspired amenities including a 24-hour concierge, fully equipped fitness centre with yoga studio, sauna, elegant party room with bar, outdoor pool, sun deck, BBQ area, guest suites, and more. Ideally located just moments from Metro, Shoppers Drug Mart, transit, waterfront trails, parks, restaurants, cafés, and everyday conveniences, this nearly new condominium combines luxury, lifestyle, and unbeatable convenience in one of Etobicoke's most desirable waterfront communities.

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Estimate your monthly payments for this property

Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

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5%10%50%

5-yr fixed avg.

Principal: $449,100Interest: $305,016
Mortgage Amount$463,022
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,039

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

70 Annie Craig Drive Unit 4109, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,000/mo
Range: $1,700 - $2,300
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,000
Maintenance Fees-$0
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,543

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 $998/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.

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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    70 Annie Craig Drive Unit 4109 | $499,000 | Battaglia Team