$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
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
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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