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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Mimico. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $489,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Welcome To The Cove Condo. Stunning & Bright One Bedroom + Den Condo Unit With 1 Parking & 1 Locker In Mimico Community. A Large Balcony With The View Of The Lake Ontario! Laminate Flooring Throughout. Modern Kitchen With Stainless Steel Appliances & Breakfast Bar. Brand New Microwave, Whole house painted(2025) looks like a NEW unit!. Steps To Ttc, Groceries, Trails, Restaurants, Banks And So Much More! Minutes To Downtown & Major Highways, Sherway Gardens, Costco & Ikea.
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Data-driven valuation for 39 Annie Craig Drive 803, Toronto W06, ON M8V 0C5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $489,000 in Toronto, the legal minimum down payment is $24,450 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,255 also applies, bringing the total estimated land transfer taxes to $12,510.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.