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    Toronto / Etobicoke / Mimico

    1504 - 56 Annie Craig Dr

    For SaleLago at the Waterfront Condos
    $799,999
    2 Beds + 1
    1 Bath
    1 Parking
    759 SQFT
    83 Days on Strata
    Est Sell Timeframe
    8 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $626/mth
    Taxes:
    $3,305 (2024)
    Cost Per Sqft:
    $1,054/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South West
    Possession Date:
    To Be Determined
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Window, Centre Island, Backsplash
    12.99 x 10.6ft
    Living
    Walkout To Balcony, Open Concept, Hardwood Floor
    10.01 x 11.25ft
    Prim Bdrm
    Walkout To Balcony, Closet, Hardwood Floor
    10.01 x 12.34ft

    About this Listing

    Welcome to this Lago waterfront condo with lake views. This corner unit has plenty of natural light and features a spacious open concept layout with two beds plus a den. 9 ft ceilings. Floor to ceiling windows. Engineered Hardwood Flooring. Functional kitchen with center island. Enjoy the lake breeze and relax on a large wrap around balcony with three points of access. Ensuite Laundry. Amenities include: world class fitness studio, Indoor pool, Hot tub, Sauna, Party Room, guest suites, 24hr Concierge. Walking distance to the lake, parks, shopping, dining and transit. Easy access to hwy. This place has it all.

    ExtrasAdd'l amenities: Dog wash, Car wash, Outdoor BBQ area

    re/max west realty inc.MLS® #W9256187

    Amenities

    Concierge
    Party Room
    Media Room
    Security System
    Sauna
    Gym Room

    Explore Neighbourhood

    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.

    Similar Listings

    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
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    19%
    50 - 64
    23%
    65+
    20%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    4%
    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

    Maintenance Fees

    Lago at the Waterfront Condos vs The Mimico Area

    Building Trends At Lago at the Waterfront Condos

    Days on Strata

    Units at Lago at the Waterfront Condos spend an average of
    29
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Mimico

    Turnover of Units

    On average, each unit is owned for
    5.9
    YEARS before being sold again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 57 condos in the Mimico area

    Sold Units

    14
    Units were Sold over the past twelve months

    Rented Units

    59
    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 - $590,000No Data$710,000 - $1,120,000$732,500 - $1,168,000No Data
    Avg. Cost Per Sqft$1,097$1,076No Data$1,048$1,071No Data
    Avg. Wait for Unit Availability195 Days69 Days26 Days46 Days62 DaysNo Data
    Ratio of Units in Building4%20%33%28%17%1%

    Transactions vs Inventory

    Total number of units listed and sold in Mimico