56 Annie Craig Drive, Toronto, ON

$1,499,900
MLS#:W11932295
3 beds
3 baths
1400-1599 sqft
2.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

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 $1,499,900 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1400-1599 sqft
  • 2.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Bar Fridge
  • equipped with central air central cooling and highly efficient heat pump heating via gas

Description

Experience the pinnacle of waterfront luxury at Lago at the Waterfront, a masterpiece by renowned builder Mattamy Homes. This stunning corner penthouse redefines elegance, offering nearly 1,400 sq. ft. of thoughtfully designed living space with breathtaking views of the city skyline and Lake Ontario. Step inside this 3-bedroom, 3-bathroom residence, where an open-concept layout creates the perfect balance of comfort and sophistication. Highlights include:10-foot ceilings, enhancing the grand and light-filled interior, floor-to-ceiling windows, flooding the space with natural light and showcasing stunning views a 400 sq. ft. wraparound terrace with gas hook-up for BBQ, a rare perk of being on the top floor, ideal for outdoor dining and relaxation. A gourmet kitchen with Miele appliances, a built-in wine fridge, and sleek, modern finishes. Two jacuzzi soaker tubs for ultimate relaxation. Custom closet cabinetry in all bedrooms for premium organization. A luxurious primary suite featuring oversized his-and-hers closets, a private terrace walkout, and a spa-like ensuite with a jacuzzi tub and stand-up glass shower. Additional features elevate this penthouse further: Two premium parking spaces (side-by-side near the elevator) with an EV charger. An oversized storage locker for added convenience Lago at the Waterfront offers an array of world-class amenities that enhance your lifestyle, including: An indoor pool, hot tub, and sauna for ultimate relaxation. A state-of-the-art gym to stay active. A theatre room for private screenings. A BBQ-equipped outdoor entertaining area, A dog washing station for pet convenience, Ample visitor parking, a stylish party room, guest suites, and a friendly 24-hour concierge. Situated in the heart of Humber Bay Shores, this penthouse combines unparalleled luxury with convenience and the beauty of waterfront living.

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1400-1599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMarch 19, 2025
Sold price information is available to members only
Listed Date1/20/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$6,301.6

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Lake/Pond, Park, Electric Car Charger, Public Transit, Waterfront, Marina

Interior Features

Bar Fridge

Security Features

Concierge/Security

Community Features

Location

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56 Annie Craig Drive, 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 UPH05, Toronto W06, 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.

Market Trend
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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 Rate5.25%
Down Payment$299,980 (20.0%)
* Minimum Canadian down payment required for this price is $299,980.
Amortization Period25 Years
Estimated Monthly Payment$7,151Based on a loan of $1,199,920 over 25 years.
Purchase Price$1,499,900
Loan Amount$1,199,920
Provincial Land Transfer Tax:$26,473
Toronto Municipal Land Transfer Tax:$26,473
Total Estimated Closing Taxes:$52,946

About Purchasing a Home in Toronto, ON

For a property listed at $1,499,900 in Toronto, the legal minimum down payment is $299,980 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 $26,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,473 also applies, bringing the total estimated land transfer taxes to $52,946.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & 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$879,133

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%

Local Schools Guide

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
Sainte-Marguerite-d'Youville
Public755 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T3
7.7
Swansea
Public207 Windermere Avenue, High Park-Swansea, Toronto, Ontario, M6S 3J9
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

Homes & Housing

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.