pin_buy56 Annie Craig Dr
7Listings for Salefor Sale
4Listings for Rentfor Rent
building_buyLago at the Waterfront Condos
pin_buy56 Annie Craig Drexpand addresses list
    building_buyLago at the Waterfront Condos
    7Listings for Salefor Sale
    4Listings for Rentfor Rent
    Walkability
    6/10
    Transit
    8/10
    Bikeability
    7/10
    © MapTiler © OpenStreetMap
    0
    CONDO Demand
    high
    Unit Availability
    Above Average
    Property Type
    Condo
    Developer
    Mattamy Homes
    Condo Completion
    2017
    Property Management
    Crossbridge Condominium Services Ltd.
    Unit Size Range
    400 - 1721 SQFT
    Number of Units
    448
    Number of Storeys
    50

    56 Annie Craig Dr, Toronto

    About this condo

    Condo Overview

    The black and white layers that make up the high rise at 56 Annie Craig Drive are slightly off-set, calling to mind the early stages of a game of Jenga. The playful design of the Lago at the Waterfront Condos was created by Graziani + Corazza Architects, with the building constructed in 2017 by Mattamy Homes.

    The 50-storey tower contains more than just 448 Toronto condos — it’s also home to a generous lineup of amenities, collectively known as the Lago Club. These common spaces are shared with those who live in Riva del Lago, however there’s more than enough to go around: residents have access to a gym, sauna, indoor pool, hot tub, games room, party room, theatre, guest suites, and pet washing station.

    The Suites

    With suites ranging from around 375 to 1,650 square feet, 56 Annie Craig Drive may not be suited to residents with huge families. That said, everything from studio suites to homes with three bedrooms plus dens can be found here, meaning it’s certainly possible to raise a couple of kids in the building.

    The interior design at 56 Annie Craig Dr is both simple and functional, allowing residents to personalize their homes to their own unique tastes. Some features found throughout the building include single-plank laminate and tiled flooring, granite or composite quartz countertops, and deep, oversized stainless steel sinks. Plus, all of the homes in the building contain balconies, most of which offer views of skyline and/or Lake Ontario.

    The Neighbourhood

    This may sound strange, but Mimico contains like a healthy blend of Eastern European and South Beach vibes. The Humber Bay Shores district is in the middle of a renaissance, with soaring condo towers and contemporary restaurants popping up at an impressive speed. To the west, longstanding European delis and bakeries provide the perfect contrast to all this growth.

    Another great thing about living in Mimico is the neighbourhood’s abundance of lakeside green space. Between Humber Bay Park East and West, the Butterfly Garden, and Humber Bay Shores Park, there’s no shortage of picnic spots for residents living at 56 Annie Craig Dr. And those who prefer to spend time out in the open waters can always join the Mimico Cruising Club or the Etobicoke Yacht Club, both of which are situated within Humber Bay Park West.

    As for the commercial offerings in the area, Mimico residents are lucky to live within close reach of both Costco and IKEA. Sherway Gardens is also a short drive away from Lago at the Waterfornt. The massive shopping centre is home to countless fashion and specialty shops, plus a number of restaurants.

    Transportation

    Mimico may feel worlds apart from downtown Toronto, but that doesn’t mean the city centre is difficult to reach. For one, the 501 Queen Streetcar can be reached by walking just 10 minutes from 56 Annie Craig Dr. There’s also the option to take the subway: residents can use the 66 bus to reach Old Mill Station on the Bloor-Danforth line, with the entire journey taking approximately 20 minutes. Those who need to make their way toward the downtown core in a hurry can start at the Mimico GO Station, from which Union can be reached in just 15 minutes.

    Having the 427 and the Gardiner Expressway so close at hand certainly makes life easier for residents of 56 Annie Craig Dr. The former is ideal for anyone planning to head north up to the 401 or Pearson International Airport, while the latter can be used to reach the city centre in no time.

    4

    Listings For Rent

    Interested in receiving new listings for rent?

    Amenities

    Gym
    Visitor Parking
    Indoor Pool
    Guest Suites
    Media Room
    Sauna
    Car Wash
    Security System
    Party/Meeting Room
    Concierge

    Maintenance Fees Cover

    Maintenance fees include

    None

    Owner / renter pays separately

    Hydro
    Heat
    Air Conditioning
    Water

    Past Sold & Rented Listings

    Stats, Trends & Rankings

    Price Per Square Foot
    Lago at the Waterfront Condos vs The Mimico Area

    $140.00
    More Expensive
    per SQFT compared to the neighbourhood average
    Lago at the Waterfront Condos's Avg
    price per SQFT
    $1,118
    / SQFT
    Neighbourhood Avg
    price per SQFT
    $978
    / SQFT

    Building Trends At Lago at the Waterfront Condos

    Days on Market

    Units at Lago at the Waterfront Condos spend an average of
    17
    Days on Market
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    above
    the list price.

    Offer Competition

    Condos in this building have an

    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5
    YEARS before being sold again

    Property Value

    11%
    Increase in property value within the past twelve months

    Price Ranking

    12th
    Highest price per SQFT out of 56 condos in the Mimico area

    Sold Units

    26
    Units were Sold over the past twelve months

    Rented Units

    77
    Units were Rented over the past twelve months

    Best Value

    Lago at the Waterfront Condos offers the
    ?
    best value out of 56 condos in the Mimico neighbourhood

    Return on Investment

    Lago at the Waterfront Condos has the
    ?
    highest ROI out of 56 condos in the Mimico neighbourhood

    Rental Yield

    Lago at the Waterfront Condos yields the
    ?
    highest rent prices out of 56 condos in the Mimico neighbourhood

    High Demand

    Lago at the Waterfront Condos is the
    ?
    most popular building out of 56 condos in the Mimico neighbourhood

    Sales vs Rental Values For This Condo

    Studio400 - 448 SQFT
    Average Cost Per Sqft$1,004
    Sales Price Range$450,200 - $450,200
    Rental Price Range$1,500 - $1,650
    1 Bed470 - 551 SQFT
    Average Cost Per Sqft$1,045
    Sales Price Range$580,000 - $583,000
    Rental Price Range$1,700 - $2,200
    1 Bed + Den542 - 759 SQFT
    Average Cost Per Sqft$1,068
    Sales Price Range$552,000 - $860,000
    Rental Price Range$1,950 - $2,425
    2 Bed714 - 1586 SQFT
    Average Cost Per Sqft$1,035
    Sales Price Range$745,000 - $800,000
    Rental Price Range$2,350 - $4,600
    2 Bed + Den1000 - 1406 SQFT
    Average Cost Per Sqft$1,132
    Sales Price Range$1,135,000 - $1,805,000
    Rental Price Range$3,200 - $5,000

    How Often Are Units Listed?

    Studio400 - 562 SQFT
    Average Sales Availability
    Every188Days
    Average Rental Availability
    Every109Days
    Ratio of Unit Type in Building4%
    1 Bed400 - 669 SQFT
    Average Sales Availability
    Every56Days
    Average Rental Availability
    Every17Days
    Ratio of Unit Type in Building20%
    1 Bed + Den530 - 759 SQFT
    Average Sales Availability
    Every24Days
    Average Rental Availability
    Every11Days
    Ratio of Unit Type in Building33%
    2 Bed704 - 1721 SQFT
    Average Sales Availability
    Every44Days
    Average Rental Availability
    Every12Days
    Ratio of Unit Type in Building29%
    2 Bed + Den731 - 1493 SQFT
    Average Sales Availability
    Every47Days
    Average Rental Availability
    Every25Days
    Ratio of Unit Type in Building16%
    3 Bed + Den
    Average Sales Availability
    N/A
    Average Rental Availability
    N/A
    Ratio of Unit Type in Building1%

    Maintenance Fees
    Lago at the Waterfront Condos vs The Mimico Area

    $0.18
    Less Expensive
    per SQFT compared to the neighbourhood average
    Lago at the Waterfront Condos's Avg
    monthly maintenance
    fee per SQFT
    $0.59
    / SQFT
    Neighbourhood Avg
    monthly maintenance
    fee price per SQFT
    $0.77
    / SQFT

    Similar condos