56 Annie Craig Drive, Unit 06, Toronto, ON

$488,000
MLS#:W13599760
1 beds
1 baths
500-599 sqft
1.0 parking
Residential Condo & Other
56 Annie Craig Drive 1906, Toronto, ON M8V 0C8

Property Highlights

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 $488,000 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 500-599 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient fan coil heating via gas

Description

The one you've been waiting for at Lago! This modern condo with parking and locker stands out in a sea of ordinary condos, offering the perfect combination of space, functionality and waterfront living. The smart, open-concept layout is filled with natural light and easily accommodates a full living room, dining area and even a dedicated work-from-home space. The spacious bedroom features laminate flooring, a walk-in closet and its own walk-out to the oversized balcony. The rare corner kitchen is complete with quartz countertops and a pantry for extra storage. Step outside to the extra-large balcony and enjoy unobstructed views - the perfect place for your morning coffee or to unwind on warm summer evenings. Residents enjoy an impressive selection of resort-style amenities, including a 24-hour concierge, indoor pool, hot tub, sauna, fully equipped gym, theatre room, party room, billiards lounge and a convenient dog wash station. Located in the heart of Humber Bay Shores, you're just steps to the marina, waterfront trails, parks, restaurants, cafés and everything this vibrant lakeside community has to offer. This is an exceptional opportunity for first-time buyers, professionals, downsizers or investors looking to own in one of Toronto's most sought-after waterfront neighbourhoods.

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This condo apartment located at 56 Annie Craig Drive, Toronto is currently for sale and has been available on SousaSells for 14 days. This property is listed at $488,000 with an estimated mortgage of $1,624* per month. It has 1 bed, 1 bathroom, and is 500-599 square feet. 56 Annie Craig Drive, Toronto is in the Mimico neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Mimico, Toronto.

Great for Small Household / Couples
What We Love About This Home
  • 1 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 500-599 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.

Target Buyer Match

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
500-599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date7/23/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$2,352.75

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeFan Coil
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Carpet Free

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 56 Annie Craig Drive, Unit 06, Toronto, ON

Q.What is the asking price for 56 Annie Craig Drive, Unit 06, Toronto, ON ?

The current listing price for 56 Annie Craig Drive, Unit 06, Toronto, ON in Mimico, Toronto is $488,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 1 bedroom and 1 bathroom across approximately 500-599 sqft.

Q.What property type and architectural style is 56 Annie Craig Drive, Unit 06, Toronto, ON ?

56 Annie Craig Drive, Unit 06, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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56 Annie Craig Drive, Unit 06, Toronto, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 56 Annie Craig Drive 1906, Toronto, ON M8V 0C8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate4.00%
Down Payment$146,400 (30.0%)
* Minimum Canadian down payment required for this price is $24,400.
Amortization Period30 Years
Estimated Monthly Payment$1,624Based on a loan of $341,600 over 30 years.
Purchase Price$488,000
Loan Amount$341,600
Provincial Land Transfer Tax:$6,235
Toronto Municipal Land Transfer Tax:$6,235
Total Estimated Closing Taxes:$12,470

About Purchasing a Home in Toronto, ON

For a property listed at $488,000 in Toronto, the legal minimum down payment is $24,400 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 $6,235 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,235 also applies, bringing the total estimated land transfer taxes to $12,470.

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Mimico, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Mimico, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$885,747

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Mimico, Toronto

Elementary Schools

St Mark
Public45 Cloverhill Road, Etobicoke, Toronto, Ontario, M8Y 1T4
5.2
St Louis
Public11 Morgan Avenue, Etobicoke, Toronto, Ontario, M8Y 2Z7
7.6
John English
Public95 Mimico Avenue, Etobicoke, Toronto, Ontario, M8V 1R4
6.0
Swansea
Public207 Windermere Avenue, High Park-Swansea, Toronto, Ontario, M6S 3J9
7.7
Sainte-Marguerite-d'Youville
Public755 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T3
7.7

Secondary Schools

Etobicoke-Arts
Public675 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T1
8.2
Bishop Allen
Public721 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T3
8.7
Pope John Paul II
PublicFern Avenue, High Park-Swansea, Toronto, Ontario, M6R 2L4
6.7
Lakeshore
Public350 Kipling Avenue, Etobicoke, Toronto, Ontario, M8V 3L1
4.9
Western
Public125 Evelyn Crescent, Toronto, Ontario, M6P 3E3
6.8

Mimico, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.