70 Annie Craig Drive Unit 5204, Toronto W06

Price: $1,695,000

3 bedrooms, 3 bathrooms

1,400 sqft

Property Type: Condo

MLS#: W13776960

Soaring above Toronto's waterfront on the 54th floor, this spectacular southeast-facing residence captures an extraordinary panorama of Lake Ontario and the city skyline. This exceptional 2-bedroom + den, 3-bathroom home features extensive luxury upgrades and refined finishes throughout. Floor-to-ceiling windows flood the sophisticated interior with natural light, while the expansive private balcony offers breathtaking, unobstructed lake and skyline views. The elegant open-concept design, spacious bedrooms and versatile den create an exceptional blend of luxury, comfort and functionality, this is a rare opportunity to experience elevated waterfront living at its finest. Humber Bay Shores is a coveted Toronto waterfront enclave where the tranquility of lakeside calm meets urban ease & upscale living. Steps to the Martin Goodman Trail and a vibrant dining & patio scene. Metro, Shoppers, LCBO & major banks are all walking Distant. With TTC at your door and a future GO station planned, access to downtown & beyond is seamless. Rising 56 storeys, Vitaon the Lake is a 4-year-old building offering refined amenities including 24/7 concierge, 5 high-speed elevators & on-site management. The 5th floor features a fully equipped fitness centre with cardio, weights, yoga studio, saunas, a stylish party room & private dining room with walkouts to the pool, sundeck & BBQ terrace. Two guest suites, ample visitor parking, underground car wash and pet wash stations provide daily convenience

70 Annie Craig Drive Unit 5204 - Condo photo 1 of 33 in Liberty Village / Parkdale / South Parkdale, Ontario
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active
New Listing

$1,695,000 - 70 Annie Craig Drive Unit 5204, Liberty Village

Condo for Sale in Liberty Village

New — Listed 4 days ago

Neighbourhood: Mimico

3Beds
3Baths
1,400Sq Ft
Condo

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Property Details
MLS Number
W13776960
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
3
Square Feet
1,400 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
HOMELIFE NEW WORLD REALTY INC.
Description

Soaring above Toronto's waterfront on the 54th floor, this spectacular southeast-facing residence captures an extraordinary panorama of Lake Ontario and the city skyline. This exceptional 2-bedroom + den, 3-bathroom home features extensive luxury upgrades and refined finishes throughout. Floor-to-ceiling windows flood the sophisticated interior with natural light, while the expansive private balcony offers breathtaking, unobstructed lake and skyline views. The elegant open-concept design, spacious bedrooms and versatile den create an exceptional blend of luxury, comfort and functionality, this is a rare opportunity to experience elevated waterfront living at its finest. Humber Bay Shores is a coveted Toronto waterfront enclave where the tranquility of lakeside calm meets urban ease & upscale living. Steps to the Martin Goodman Trail and a vibrant dining & patio scene. Metro, Shoppers, LCBO & major banks are all walking Distant. With TTC at your door and a future GO station planned, access to downtown & beyond is seamless. Rising 56 storeys, Vitaon the Lake is a 4-year-old building offering refined amenities including 24/7 concierge, 5 high-speed elevators & on-site management. The 5th floor features a fully equipped fitness centre with cardio, weights, yoga studio, saunas, a stylish party room & private dining room with walkouts to the pool, sundeck & BBQ terrace. Two guest suites, ample visitor parking, underground car wash and pet wash stations provide daily convenience

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Estimated Payment

$7,497.56/mo

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5-yr fixed avg.

Principal: $1,356,000Interest: $893,267
Mortgage Amount$1,356,000
Total Interest$893,267
Est. Property Tax$1,201/mo
Total Cost$2,249,267

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 5204, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
0.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$1,201
Insurance (est.)-$353
Net Cash Flow+$616

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 $1211/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.

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.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 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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    70 Annie Craig Drive Unit 5204 | $1,695,000 | Battaglia Team