3605-38 Annie Craig Drive, Toronto, ON

Mimico, Toronto · MLS® W13651426

$1,180,000
For Sale
Just listed today
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3Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

Follow Your Bliss To Toronto's Dreamy New Waters Edge Condominium. Luxurious Prime Corner Sun Filled Unit With New Style Floor Plan. Spectacular Panoramic Water/City Skyline Views. 2 Bedrooms, 2 Bathrooms Plus Den. Massive Wrap Around Balcony With Multiple W/Outs. Pool, Gym, Concierge & Other Amenities To Accommodate Everyone's Life Style's. Situated In The Ever Popular Humber Bay Neighbourhood With Some Of The City's Most Popular Cafe's, Patio's & Restaurants. Walk Along Toronto's Martin Goodman Trail And Enjoy Nature. Short Walks To Transportation And All Other Amenities To Meet Your Needs. This Unit Show's To Absolutely Perfection & Simply Must Be Seen.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13651426
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
800-899
Cross streets
Parklawn / Lakeshore
Parking
1 garage (underground)
Basement
Apartment
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
East West
Listing brokerage
ORION REALTY CORPORATION

Rooms

Primary BedroomMain3.05 × 3.35 m

4 pc ensuite · hardwood floor · w/o to balcony

DenMain2.32 × 2.41 m

Hardwood Floor

KitchenMain1.52 × 0.92 m
Living RoomMain5.82 × 3.35 m

combined w/dining · hardwood floor · w/o to balcony

Bedroom 2Main3.32 × 2.93 m

hardwood floor · w/o to balcony

Dining RoomMain5.82 × 3.35 m

combined w/living · hardwood floor

Our 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.

Comparable listingsCurrently listed nearby in Mimico · asking prices
$882kavg asking

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

2205-38 Annie Craig Drive$1.08M1910-33 Shore Breeze Drive$949k1010-2261 Lake Shore Boulevard$860k809-10 Park Lawn Road$770k2409-10 Park Lawn Road$749k

The 5 closest of 8 active listings nearby.

See all comparable homes
1.18MThis home1.08M949k860k770k749kThis home vs active comparables
Live market pulseActive comparables in Mimico · median list $699K
$1,389this home / sqft
53active listings nearby
99sold nearby · 90 days
$610Kmedian sold price
96%of asking, on average
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.

Kensington-Chinatown
$599K
Waterfront Communities C1
$671K
Bay Street Corridor
$640K
Church-Yonge Corridor
$600K
Waterfront Communities C8
$500K

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
$5,378/mo
$233KIncome needed
5.1×Price ÷ income
$1,241Weekly 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.

88%mortgage
Mortgage $5,378Property tax $738Total carry $6,116

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%
$
%
4.19%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.04% via Ratehub.ca (as of August 7, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,063per month

Mortgage amount $944,000 · 4.19% over 25 years

$236,000Down payment (20.0%)
$944,000Loan before insurance
$0CMHC premium
$5,801Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,063
Property tax
$738
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,801

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

One-time closing costs

Ontario land transfer tax
$20,075
Toronto municipal land transfer tax
$20,075
Estimated closing costs
$40,150

Plus your down payment of $236,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.19%Qualifying rate
$6,147/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

$575,002Total interest paid
$1,519,002Total of all payments
Principal $944,000 Interest $575,002
YearPrincipalInterestBalance
1$21,962$38,798$922,038
2$22,892$37,868$899,145
3$23,861$36,899$875,284
4$24,872$35,888$850,412
5$25,925$34,835$824,487
6$27,022$33,738$797,465
7$28,167$32,594$769,298
8$29,359$31,401$739,939
9$30,602$30,158$709,337
10$31,898$28,862$677,439
11$33,248$27,512$644,191
12$34,656$26,104$609,535
13$36,123$24,637$573,412
14$37,653$23,107$535,759
15$39,247$21,513$496,512
16$40,909$19,852$455,604
17$42,641$18,120$412,963
18$44,446$16,314$368,517
19$46,328$14,432$322,190
20$48,289$12,471$273,901
21$50,334$10,426$223,567
22$52,465$8,295$171,102
23$54,686$6,074$116,416
24$57,001$3,759$59,415
25$59,415$1,345$0

At the end of your 5-year term

Total paid over the term
$303,800
Principal paid down
$119,513
Interest paid
$184,288
Balance remaining
$824,487

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$2,700/mo
$32,400Gross annual rent
1.7%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.

2.7%
Gross yield
− Property tax $8,260− Insurance $600− Vacancy & upkeep $3,564Net operating income $19,976

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

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