Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Mimico. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $575,000 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.
Client RemarksWelcome to Unit 602 at Vita Two on the Lake! This bright, sun-filled 1-bedroom, 1-bathroom suite offers 590 sq. ft. of thoughtfully designed interior living space, plus an oversized 125 sq. ft. open balcony, for a total of 715 sq. ft. of indoor-outdoor living. This is the sought-after "Promenade" floor plan, known for its efficient, no-wasted-space layout. By positioning the entrance foyer directly against the kitchen and bathroom core walls, the design eliminates long interior hallways, routing nearly the entire 590 sq. ft. into the primary living and sleeping areas you'll actually use every day. South-East exposure fills the suite with excellent natural light from morning through evening. The open-concept layout features a contemporary kitchen with stainless steel appliances and quartz countertops, ideal for both everyday living and entertaining. A true highlight of this suite is its oversized rectangular balcony, approx. 25 ft. wide x 5 ft. deep, spanning the entire width of both the living room and bedroom. Facing South-East, this expansive outdoor space captures beautiful morning sunlight and offers a rare opportunity to extend your living space outdoors, perfect for morning coffee, evening relaxation, or container gardening. This unit also includes one owned underground parking space and one owned storage locker, adding everyday convenience and exceptional value. Located at Vita Two on the Lake, residents enjoy access to building amenities and a vibrant lakeside community, with nearby parks, waterfront trails, transit, and everyday conveniences just steps away. Whether you're a first-time buyer, downsizer, or investor, this Promenade suite delivers a rare combination of smart design, abundant natural light, and an outdoor space that truly feels like an extension of your home. Don't miss the opportunity to make Unit 602 your own - book your private showing today
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Cul de Sac/Dead End, Lake/Pond, Public Transit
Carpet Free
Concierge/Security
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 65 Annie Craig Drive 602, Toronto, ON M8V 0G3
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 $575,000 in Toronto, the legal minimum down payment is $32,500 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 $7,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,975 also applies, bringing the total estimated land transfer taxes to $15,950.
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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.