B415-60 Annie Craig Drive, Toronto, ON

Mimico, Toronto · MLS® W13556588

$714,900
For Sale
Listed 9 days ago
2Bedrooms
2Bathrooms
1Parking
700-799Sq Ft

About this home

Rare 10 storey boutique condo at the Ocean Club Waterfront Condominiums in Humber Bay Shores. Fantastic Corner Unit split layout featuring 2-bedrooms & 2-bathrooms. Sleek finishes, an open-concept layout, and expansive windows that offers stunning views. With one of the top layouts, every inch of space is designed for maximum impact. The contemporary kitchen features streamlined cabinetry, panelled fridge & dishwasher, wall oven, cooktop and pull out hood fan. A spacious island with quartz counters is perfect for casual dining, breakfast bar or even working from home. A large private and covered balcony provides a peaceful outdoor retreat. The primary bedroom includes a private ensuite and walk-in closet. The second bedroom can also be used for a home office or guest bedroom. This lakeside condo offers everything at your doorstep including the Martin Goodman Waterfront Trail, shops, restaurants, cafes, public transit (TTC and GO train). Easy access in and out of the city! 1 Parking and Locker included. **EXTRAS** Ocean Club residents have access to top-tier amenities including a gym, an indoor pool, concierge, visitor parking,, a rooftop deck perfect for unwinding, and a relaxing sauna. Ample underground visitor parking.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13556588
Bedrooms
2
Bathrooms
2
Size
700-799
Cross streets
Lake Shore Blvd | Marine Parade
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$559/mo
Exposure
South West
Property tax
$3,408 / 2025
Days on market
9
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Living RoomMain3.75 × 4.01 m

w/o to balcony · open concept · window floor to ceiling

KitchenMain3.63 × 3.74 m

breakfast bar · centre island · quartz counter

Dining RoomMain3.63 × 3.74 m

eat-in kitchen · window floor to ceiling · open concept

Primary BedroomMain4.67 × 2.72 m

4 pc ensuite · walk-in closet(s) · large window

BedroomMain2.99 × 2.85 m

large window · large closet

FoyerMain2.60 × 2.45 m

Closet

Moe’s TakeTeam Asgarian · Broker
Above comparables
$599Kest. value

Listed at $714,900, this home is about 19% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

In Mimico lately, sellers have been getting about 96% of asking and homes sell in about 40 days.

Based on 86 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 86 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $696K, a bit higher.

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, sold for $701K
  • Adjusts to $701K

That comparable adjusts to $701K; the $599K estimate above is the median of all 86 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still 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.

List price
$545KGreat deal$715KOverpriced

Total price vs nearby homes. Fair value about $599K, median of 86 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby in Mimico · asking prices
$696kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

3107-59 Annie Craig Drive$700k3310-2200 Lake Shore Boulevard$696k302-2220 Lake Shore Boulevard$689k2907-2240 Lake Shore Boulevard$678k2904-2240 Lake Shore Boulevard$715k

The 5 closest of 8 active listings nearby.

See all comparable homes
715kThis home700k696k689k678k715kThis home vs active comparables
Live market pulseActive comparables in Mimico · median list $619K
$954this home / sqft
54active listings nearby
9days on market
100sold nearby · 90 days
$611Kmedian sold price
96%of asking, on average

This home lists 10% above the area average of $868/sqft.

8 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Mimico, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Islington-City Centre West
$599K
Waterfront Communities C1
$593K
Etobicoke West Mall
$565K
Bay Street Corridor
$471K
Church-Yonge Corridor
$561K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Étienne Brûlé Junior School
79%
Étienne Brûlé Junior SchoolPublic · Elementary · 1.5 km awayAbove the GTA average · 79% meet the provincial standard

Affordability & Mortgage

Affordability
$3,258/mo
$147KIncome needed
4.9×Price ÷ income
$752Weekly cost
20% down4.79%25-yr amortization

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.

79%mortgage
Mortgage $3,258Property tax $284Condo fee $559Total carry $4,101

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

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,052per month

Mortgage amount $571,920 · 4.14% over 25 years

$142,980Down payment (20.0%)
$571,920Loan before insurance
$0CMHC premium
$3,895Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,052
Property tax
$284
Condo / maintenance fees
$559
Heating
$0
Estimated monthly cost
$3,895

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$10,773
Toronto municipal land transfer tax
$10,773
Estimated closing costs
$21,546

Plus your down payment of $142,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,707/monthPayment at the qualifying rate

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

$343,673Total interest paid
$915,593Total of all payments
Principal $571,920 Interest $343,673
YearPrincipalInterestBalance
1$13,398$23,226$558,522
2$13,959$22,665$544,563
3$14,542$22,081$530,021
4$15,151$21,473$514,870
5$15,784$20,839$499,086
6$16,445$20,179$482,641
7$17,133$19,491$465,509
8$17,849$18,775$447,660
9$18,596$18,028$429,064
10$19,374$17,250$409,690
11$20,184$16,440$389,506
12$21,028$15,596$368,478
13$21,908$14,716$346,570
14$22,824$13,800$323,746
15$23,779$12,845$299,967
16$24,773$11,850$275,194
17$25,810$10,814$249,384
18$26,889$9,734$222,495
19$28,014$8,610$194,481
20$29,186$7,438$165,295
21$30,407$6,217$134,888
22$31,678$4,945$103,210
23$33,004$3,620$70,206
24$34,384$2,240$35,822
25$35,822$801$0

At the end of your 5-year term

Total paid over the term
$183,119
Principal paid down
$72,834
Interest paid
$110,284
Balance remaining
$499,086

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.

Let's connect

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.

Investor snapshot

Rental yield
Estimate$2,400/mo
$28,800Gross annual rent
2.1%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.0%
Gross yield
− Property tax $3,408− Condo fees $6,706− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,918

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.

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