312-65 Annie Craig Drive, Toronto, ON
Mimico, Toronto · MLS® W13502970
About this home
Welcome to an incredible opportunity at Vita 2 on the Lake, a new luxury condominium built by Mattamy Homes. This sun-filled and spacious suite offers approximately 1,400 square feet of modern living space, plus two private balconies with breathtaking, unobstructed views of Lake Ontario, the Toronto skyline, and Humber Shores Park. This 2-bedroom plus den, 3-bathroom unit has been thoughtfully upgraded throughout. The stylish open-concept kitchen features quartz countertops, built-in stainless steel appliances, a breakfast bar, and flows seamlessly into the bright living and dining area, which opens onto a large balcony overlooking the water. The primary bedroom includes a walk-in closet, a sleek 3-piece ensuite, and its own private balcony, the perfect place to start your day with stunning sunrise views. The second bedroom also offers a walk-in closet and a full 4-piece ensuite, providing ideal comfort and privacy for guests or family members. A separate den makes an ideal home office or can be used as a third bedroom. Additional features include laminate flooring, pot lights, and custom built-ins throughout. The views are truly the highlight, offering a front-row seat to some of the most picturesque scenery Toronto has to offer. Located just steps from the lake, and minutes from the Gardiner Expressway, QEW, Hwy 427, Mimico GO Station, and Pearson Airport, this unit offers the perfect blend of convenience and luxury. Move in and enjoy everything this vibrant waterfront community has to offer!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W13502970
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 3 (1 half)
- Size
- 1400-1599
- Cross streets
- Lakeshore Rd & Park Lawn Rd
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Exposure
- South East
- Days on market
- 19
- Listing brokerage
- FOREST HILL REAL ESTATE INC.
Rooms
laminate · w/o to balcony · combined w/kitchen
laminate · stainless steel appl · breakfast bar
laminate · separate room
laminate · walk-in closet(s) · 3 pc ensuite
laminate · double closet · 2 pc bath
laminate · walk-in closet(s) · 4 pc ensuite
laminate · open concept · combined w/living
Listed at $5,800/mo, this rental is within the range of a wider set of rentals, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 6 similar rentals nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $6,500/mo
- Size difference +$778/mo
- Bathrooms +$100/mo
- Adjusts to $7,378/mo
That comparable adjusts to $7,378/mo; the $5,893/mo estimate above is the median of all 6 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.
The assigned public school is Étienne Brûlé Junior School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.
Total price vs nearby homes. Fair value about $5,893/mo, median of 6 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesNot enough sq ft data to place this home on the area price curve.
Neighbourhood & location
Mimico, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Almost all errands require a car.
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.
Mortgage amount $4,640 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $25
- Property tax
- $4
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $28
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $29
- Toronto municipal land transfer tax
- $29
- Estimated closing costs
- $58
Plus your down payment of $1,160. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $1,486
- Principal paid down
- $591
- Interest paid
- $895
- Balance remaining
- $4,049
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FOREST HILL REAL ESTATE INC.. MLS®/PropTx.