PH102-PH102 Annie Craig Drive, Toronto, ON

Mimico, Toronto · MLS® W13570574

$2,198,000
For Sale
Listed 1 day ago
3Bedrooms
2Bathrooms
2Garage
1400-1599Sq Ft

About this home

Experience luxurious lakeside living in this spectacular 3-bedroom penthouse-level condo at the prestigious 38 Annie Craig Drive. Perfectly positioned along Torontos vibrant Humber Bay Shores, this residence boasts breathtaking panoramic views of Lake Ontario and the city skyline from every angle.The spacious, light-filled living room features floor-to-ceiling windows, creating a seamless connection between indoor comfort and the natural beauty outside.Enjoy cooking and dining in the elegant eat-in kitchen, complete with a bright breakfast area, modern cabinetry, sleek appliances, and large Island ideal for everyday living or entertaining guests.The lavish primary bedroom suite offers two walk-in closets and a spa-like 5-piece ensuite bathroom, featuring a free-standing soaking tub, double vanity, and a separate glass-enclosed shower.Two additional bedrooms provide flexibility for guests, a home office, or family living, all with generous storage and natural light.Bonus: Includes two premium parking spaces, a rare and valuable feature in this high-demand area.Enjoy access to upscale building amenities, and live steps from the lake, parks, waterfront trails, cafes, and transit just minutes from downtown Toronto.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13570574
Bedrooms
3
Bathrooms
2
Size
1400-1599
Cross streets
Lakeshore/Parklawn
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,125/mo
Exposure
South East
Days on market
1
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

Bedroom 3Main0.00 × 0.00 m

w/o to balcony · large window

Dining RoomMain0.00 × 0.00 m

se view · w/o to balcony

Bedroom 2Main0.00 × 0.00 m

large closet · w/o to balcony

Living RoomMain0.00 × 0.00 m

se view · w/o to balcony

KitchenMain0.00 × 0.00 m

b/i appliances · breakfast bar

Primary BedroomMain0.00 × 0.00 m

large closet · w/o to balcony

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

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 very walkable address with everyday errands close by. Lake Shore Blvd West at Brookers Lane is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.
  • Lifestyle
Comparable listingsCurrently listed nearby in Mimico · asking prices
$1.26Mavg asking

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

2302-80 Marine Parade Drive$1.60MLPH2906-88 Park Lawn Road$1.10M602-1 Palace Pier Court$1.07M

The 3 closest active listings nearby.

See all comparable homes
2.20MThis home1.60M1.10M1.07MThis home vs active comparables
Live market pulseActive comparables in Mimico · median list $958K
$1,466this home / sqft
21active listings nearby
1days on market

On the market now.

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.

Getting around

85/ 100

Very WalkableA 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Lake Shore Blvd West at Brookers Lane, about 115 m away

20+ transit stops4 grocery20+ dining20+ parks12 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Islington-City Centre West
$528K
Waterfront Communities C1
$672K
Annex
$1.57M
Waterfront Communities C8
$1.24M
Church-Yonge Corridor
$590K

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 · 1.4 km awayAbove the GTA average · 79% meet the provincial standard

Affordability & Mortgage

Affordability
$10,018/mo
$452KIncome needed
4.9×Price ÷ income
$2,312Weekly 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.

80%mortgage
Mortgage $10,018Property tax $1,374Condo fee $1,125Total carry $12,517

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$9,383per month

Mortgage amount $1,758,400 · 4.14% over 25 years

$439,600Down payment (20.0%)
$1,758,400Loan before insurance
$0CMHC premium
$11,882Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,383
Property tax
$1,374
Condo / maintenance fees
$1,125
Heating
$0
Estimated monthly cost
$11,882

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

One-time closing costs

Ontario land transfer tax
$41,425
Toronto municipal land transfer tax
$41,425
Estimated closing costs
$82,850

Plus your down payment of $439,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$11,397/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

$1,056,643Total interest paid
$2,815,043Total of all payments
Principal $1,758,400 Interest $1,056,643
YearPrincipalInterestBalance
1$41,193$71,408$1,717,207
2$42,916$69,685$1,674,290
3$44,711$67,890$1,629,579
4$46,582$66,020$1,582,997
5$48,530$64,072$1,534,467
6$50,560$62,042$1,483,907
7$52,675$59,927$1,431,232
8$54,878$57,724$1,376,354
9$57,174$55,428$1,319,181
10$59,565$53,037$1,259,616
11$62,057$50,545$1,197,559
12$64,652$47,949$1,132,907
13$67,357$45,245$1,065,550
14$70,174$42,428$995,376
15$73,109$39,492$922,266
16$76,167$36,434$846,099
17$79,353$33,248$766,745
18$82,673$29,929$684,073
19$86,131$26,471$597,942
20$89,733$22,868$508,209
21$93,487$19,115$414,722
22$97,397$15,204$317,324
23$101,471$11,130$215,853
24$105,716$6,886$110,138
25$110,138$2,464$0

At the end of your 5-year term

Total paid over the term
$563,009
Principal paid down
$223,933
Interest paid
$339,076
Balance remaining
$1,534,467

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$4,750/mo
$57,000Gross annual rent
1.0%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.

2.6%
Gross yield
− Property tax $15,386− Condo fees $13,500− Insurance $600− Vacancy & upkeep $6,270Net operating income $21,244

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.

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