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 $1,295,000 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.
Experience exceptional waterfront living in this stunning 1,400 sq. ft. corner suite on the47th floor at Lago. This rare offering features a wrap-around balcony with unobstructed Lake Ontario and CN Tower views through floor-to-ceiling windows that fill the home with natural light. Inside, you'll find an impeccably designed 2+1 bedroom, 2-bathroom layout with a highly efficient floorplan and multiple walkouts to the terrace-ideal for those who love seamless indoor-outdoor living. The generous den, complete with a window and door, is a perfect third bedroom option or private office. The open-concept living area is centered around a stylish modern kitchen featuring premium built-in appliances, sleek cabinetry, and a large island, making it a chef's delight and an entertainer's dream. The primary bedroom offers a peaceful retreat with its own balcony access, a spacious closet, and a beautifully appointed ensuite. Residents enjoy access to world-class amenities, including an indoor pool, hot tub, sauna, fully equipped gym, theatre room, party room, BBQ terrace, guest suites, dog wash station, 24-hr concierge, and visitor parking. Located steps from scenic parks, lakeside trails, transit, dining, and just minutes to the Gardiner and Mimico GO Station, this suite offers the lifestyle you've been dreaming of.
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Beach, Lake Access, Marina, Park, Public Transit
Carpet Free, Built-In Oven, Other
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 56 Annie Craig Drive 4802, Toronto, ON M8V 0C8
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 $1,295,000 in Toronto, the legal minimum down payment is $259,000 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 $22,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,375 also applies, bringing the total estimated land transfer taxes to $44,750.
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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.