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    1409 - 56 Annie Craig Drive

    Mimico, Etobicoke, Toronto
    For SaleLago at the Waterfront Condos
    $499,900
    Price Cut: $519,900
    Studio
    1 Bath
    0 Parking
    424 SQFT
    85 Days on Strata
    Est Sell Timeframe
    2 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $1,179/sqft
    Maintenance Fees:
    $307/mth
    Taxes:
    $2,187 (2023)
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North West
    Possession Date:
    February 24, 2024
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    No

    Room Dimensions

    Kitchen
    Laminate, Quartz Counter, Stainless Steel Sink
    12.76 x 9.94ft
    Dining
    Laminate, Combined with Kitchen, Walkout To Balcony
    12.76 x 9.94ft
    Bedroom
    Laminate, Double Closet, Window Flr To Ceil
    10.01 x 8.99ft

    About this Listing

    Lago At The Waterfront Built By Mattamy Homes. Bright Modern Studio 424 Sq.ft W/Large 95 Sq.ft Balcony, Sunset Unobstructed View. Floor To Ceiling Windows, 9 Ft High Ceilings, Unique Layout With Separated Bedroom Area, Organized Double Closet, New Laminate Throughout Unit , Freshly Painted, Modern Kitchen W/Quartz Counter, Backsplash, S/Steel Appliances, Large Bathroom W/Walk- in Shower, New Washer/Dryer Combo. Personal Locker. Low Maintenance Fees. 24 Hrs Concierge, Indoor Pool, Sauna, Exercise Room, Guest Suites, Party Room, Media Room/Cinema, Outdoor Patio, Bicycle Storage, Visitors Parking. Minutes To Downtown, Steps To Waterfront Trail & Humber Bay Shores Park, TTC, Mimico Go Station, QEW/427, Banks, Restaurants, Grocery Shops.

    ExtrasSeparated Bedroom Area, S/Steel Appliances: Fridge, B/in Microwave, New Stove, New Dishwasher, New Washer/Dryer Combo. Modern Tracking Light, High Efficient Lighting Fixtures, New Laminate, Freshly Painted Walls, Upgraded W/In Shower

    right at home realtyMLS® #W8049874

    Amenities

    Visitor Parking
    Concierge
    Indoor Pool
    Media Room
    Sauna
    Party Room

    Nearby Amenities

    5/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    23,316
    Average Individual Income
    $64,286
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $109,977
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    36%
    Semi Detached
    26%
    High Rise Apartment
    20%
    Low Rise Apartment
    11%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    58%
    Mandarin
    14%
    Other
    13%
    Cantonese
    10%
    Tagalog
    2%
    Spanish
    1%
    Korean
    1%
    Tamil
    1%
    Education
    University and Above
    33%
    High School
    27%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Social Sciences
    10%
    Math & Computer Sciences
    7%
    Education
    5%
    Humanities
    4%
    Physical Sciences
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Price Trends

    Building Trends At Lago at the Waterfront Condos

    Days on Strata

    Units at Lago at the Waterfront Condos spend an average of
    22
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    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
    5.6
    YEARS before being sold again

    Property Value

    6%
    Increase in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 57 condos in the Mimico area

    Sold Units

    12
    Units were Sold over the past twelve months

    Rented Units

    66
    Units were Rented over the past twelve months

    Best Value Rank

    Lago at the Waterfront Condos offers the
    ?
    best value out of 57 condos in the Mimico neighbourhood

    Appreciation Rank

    Lago at the Waterfront Condos has the
    ?
    highest ROI out of 57 condos in the Mimico neighbourhood

    Rental Yield

    Lago at the Waterfront Condos yields the
    ?
    highest rent prices out of 57 condos in the Mimico neighbourhood

    High Demand

    Lago at the Waterfront Condos is the
    ?
    most popular building out of 57 condos in the Mimico neighbourhood

    Transaction Insights at 56 Annie Craig Drive

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed + Den
    Price Range$448,888$525,000 - $650,050$645,000 - $675,000$795,000 - $850,000$1,060,000 - $1,168,000No Data
    Avg. Cost Per Sqft$1,092$1,104$1,091$1,165$1,135No Data
    Avg. Wait for Unit Availability211 Days69 Days26 Days44 Days60 DaysNo Data
    Ratio of Units in Building4%20%33%28%17%1%

    Maintenance Fees

    Lago at the Waterfront Condos vs The Mimico Area

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