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Condo ApartmentListed 15 days ago

$588,000

56 Annie Craig Drive 1507, Toronto, ON M8V 0C8

Mimico · Toronto · M8V 0C8

Listing brokerage: RIGHT AT HOME REALTY

Beds
1 + Den
Baths
1
Sq ft
600–699
Parking
1
Virtual tour

Monthly costs

Maintenance

$564/mo

$0.87 per sq ft

Property taxes

$224/mo

$2,692 a year (2026)

About $788 a month in fees and taxes, before the mortgage.

The fee covers

  • Covered: Heat
  • Covered: Water
  • Covered: Air conditioning
  • Covered: Parking
  • Covered: Common Elements
  • Covered: Building Insurance
  • Not covered: Hydro

Bills not covered are paid by the owner.

For investors: Likely rent controlled: yearly increases capped by Ontario's guideline. Ontario rules

The unit

Exposure
North West
Parking
1 spot · Underground
Locker
Owned
Balcony
Open
Laundry
In-Suite Laundry
Possession
Flexible

The building

Lago at the Waterfront

56 Annie Craig Dr · Mimico

  • 6 for sale
  • 6 for rent
  • 50 floors

About this home

Experience urban luxury at Lago at the Waterfront in this exceptional 1 bedroom + den corner suite, offering 600 sq ft of interior living space and an expansive 245 sq ft wraparound balcony. Enjoy breathtaking, west and unobstructed north-facing views from your private outdoor retreat, with walkouts from both the living room and primary bedroom. Soaring 9' floor-to-ceiling windows fill the suite with natural light, freshly painted, while sleek flooring flows throughout. The thoughtfully designed interior features a spacious bedroom with closet organizer, den, custom vertical blinds, and a 2024 washer. Enjoy an impressive collection of resort-style amenities, including a 24-hour concierge, indoor pool, hot tub, sauna, fully equipped gym, yoga room, theatre room, party room, billiard lounge, car wash, dog wash station, bike storage rooms, visitor parking. The heat pump unit supply lines have been upgraded to stainless steel braided hoses in 2025. A sophisticated waterfront lifestyle with exceptional views, abundant amenities, and seamless indoor-outdoor living.

All details26 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing

Interior

Bedrooms
1 + Den
Bathrooms
1
Kitchens
1
Rooms
5
Size
600-699 sq ft

Features

  • Carpet Free

Building & Amenities

Floor
14
Property management
First Services Residential

Amenities

  • Bike Storage
  • Concierge
  • Guest Suites
  • Gym
  • Indoor Pool
  • Sauna

Heating & Cooling

Heating
Forced Air
Heat source
Gas
Cooling
Central Air

Parking

Covered spaces
1

Features

  • Underground

Exterior & Lot

Style
1 Storey/Apt
Exterior
Concrete
View
Clear, Panoramic

Taxes & Fees

HST
Included In

Listing

MLS® number
W13841120
Type
Condo Apartment
Transaction
For Sale
Neighbourhood
Mimico
Original price
$499,999
Co-listing brokerage
RIGHT AT HOME REALTY
Cross streets
Lakeshore Blvd W & Parklawn Rd
Rooms · 6Living Room, Dining Room, Kitchen, Primary Bedroom, Den, Washroom
  • Living Room

    Main

    5.67 × 3.23 m · 18′7″ × 10′7″

    W/O To Balcony, Combined w/Dining, Laminate

  • Dining Room

    Main

    2.62 × 3.23 m · 8′7″ × 10′7″

    Combined w/Kitchen, Laminate

  • Kitchen

    Main

    2.62 × 2.30 m · 8′7″ × 7′7″

    Stainless Steel Appl, Open Concept, Laminate

  • Primary Bedroom

    Main

    3.32 × 3.32 m · 10′11″ × 10′11″

    W/O To Balcony, Mirrored Closet, Laminate

  • Den

    Main

    2.13 × 2.16 m · 7′0″ × 7′1″

    Laminate

  • 4-piece washroom

History

Past listings and sales for this home and building.

Location

56 Annie Craig Drive 1507, Toronto, ON M8V 0C8 · Near Lakeshore Blvd W & Parklawn Rd

Monthly cost

Estimated monthly cost

$3,392/mo

Mortgage
$2,604
Property tax
$224
Maintenance
$564
Down payment$117,600 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.

Cash to close

Cash to close

$136,380

$117,600 down + $18,780 to $20,030 in closing costs

Ontario land transfer tax
$8,235
Toronto land transfer tax
$8,235
Legal fees and disbursements
$1,500 to $2,500
Title insurance
$250 to $500
Status certificate
$100
Property tax adjustment
$133
Condo fee adjustment
$327

Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.

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$588,000

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