1015-39 Annie Craig Drive, Toronto, ON

Mimico, Toronto · MLS® W13777010

$1,199,000
For Sale
Listed 8 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Experience Exceptional Waterfront Living In This Bright And Spacious Condo Offering Stunning, Unobstructed Views Of Lake Ontario And The Toronto Skyline.
  • The Open-Concept Layout Is Filled With Natural Light From Floor-To-Ceiling Windows And Features A Large Kitchen With Centre Island And Breakfast Bar, Along With A...
  • The Primary Bedroom Includes A Private Ensuite, While The Second Bedroom And Separate Den Offer Plenty Of Space For Family, Guests Or A Home Office.

Experience Exceptional Waterfront Living In This Bright And Spacious Condo Offering Stunning, Unobstructed Views Of Lake Ontario And The Toronto Skyline. The Expansive Wrap-Around Balcony Features Three Convenient Walkouts, Creating The Perfect Space To Enjoy The Views And Outdoor Living. The Open-Concept Layout Is Filled With Natural Light From Floor-To-Ceiling Windows And Features A Large Kitchen With Centre Island And Breakfast Bar, Along With A Comfortable Eat-In Area. The Primary Bedroom Includes A Private Ensuite, While The Second Bedroom And Separate Den Offer Plenty Of Space For Family, Guests Or A Home Office. Laminate Flooring Throughout. Ideally Located Near Waterfront Trails, Cafés, Grocery Stores, TTC Streetcars And The Gardiner Expressway. Residents Also Enjoy A Selection Of Exceptional Spa-Inspired Amenities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13777010
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Annie Craig Dr and Marginal Blvd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$932/mo
Exposure
South East
Property tax
$5,580 / 2025
Days on market
8
Listing brokerage
LPT REALTY

Rooms

Dining RoomFlat3.66 × 6.53 m

tile floor · combined w/living · overlook water

KitchenFlat2.49 × 2.74 m

tile floor · breakfast bar · open concept

Bedroom 2Flat3.26 × 3.05 m

laminate · w/w closet

BathroomFlat1.52 × 3.05 m

tile floor · 4 pc bath

Living RoomFlat3.66 × 6.53 m

laminate · open concept · overlook water

Primary BedroomFlat4.11 × 3.05 m

laminate · w/w closet · 4 pc bath

DenFlat2.80 × 2.32 m

laminate · separate room

Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$984Kautomated estimate, from recent sales

Listed at $1,199,000. Recent sales of homes like it put this one around $984K, so the ask is about 22% above what similar homes have sold for.

If it sells at this ask, expect about $1.16M, typically $1.13M to $1.18M: that is where homes here have closed against their asks in the last 90 days (105 closings).

The ask and what recent sales support disagree. When they differ this much, the asking price has been the closer guide about 87% of the time. Recent GTA homes first listed this far above their automated estimate sold at about 95% of the original ask, in a median 36 days, 26% of them after a price reduction (750 sales).

List price
$915KBelow recent closings$1.20MAbove recent closings

Total price vs nearby homes. Fair value about $984K, learned from recent GTA sales.

The market behind the math:

105sold nearby · 90 days
$580Kmedian sold price
96%of asking, on average
−4%prices vs a year ago
~34 dayshomes like this take to sell
8days on market so far
$3,700/moest. rent · 10 leases
3.7%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.1 months of inventory: 37 condo apartment homes for sale in the area against 105 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,090/sqft against an area asking average of $826/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $974K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

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.

Based on 3 homes sold in this building over the past two years, plus 2 nearby in Mimico, from 504 closings in Mimico.

What sellers nearby are askingCurrently listed nearby in Mimico · asking prices
$877kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $984K, which is where my estimate comes from.

Per square foot, these ask about $823/sqft; this home lists at $1,090/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 7 active listings nearby.

See all comparable homes
1.20MThis home958k898k818k810k899kThis home vs active comparables

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.

Niagara
$1.10M
Waterfront Communities C1
$717K
Bay Street Corridor
$552K
Church-Yonge Corridor
$629K
Mount Pleasant West
$509K

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 · 1.3 km awayAbove the GTA average · 79% meet the provincial standard
Also nearby: 9 more schools within 2.5 km
David Hornell Junior School · Public elementary1.3 km · 68% at standard
Swansea Junior and Senior Junior and Senior Public School · Public elementary1.7 km · 78% at standard
Karen Kain School of the Arts · Public elementary1.9 km · 76% at standard
George R Gauld Junior School · Public elementary1.9 km · 73% at standard
St Louis Catholic School · Catholic elementary1.9 km · 76% at standard
Etobicoke School of the Arts · Public secondary2.1 km · 80% at standard
St Leo Catholic School · Catholic elementary2.1 km · 82% at standard
John English Junior Middle School · Public elementary2.2 km · 73% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary2.3 km · 88% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$5,465/mo
$244KIncome needed
4.9×Price ÷ income
$1,261Weekly cost
$40,910Land transfer tax, one-time (Ontario + Toronto)
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 $5,465Property tax $465Condo fee $932Total carry $6,862

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,250per month

Mortgage amount $959,200 · 4.39% over 25 years

$239,800Down payment (20.0%)
$959,200Loan before insurance
$0CMHC premium
$6,647Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,250
Property tax
$465
Condo / maintenance fees
$932
Heating
$0
Estimated monthly cost
$6,647

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

One-time closing costs

Ontario land transfer tax
$20,455
Toronto municipal land transfer tax
$20,455
Estimated closing costs
$40,910

Plus your down payment of $239,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$6,361/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

$615,924Total interest paid
$1,575,124Total of all payments
Principal $959,200 Interest $615,924
YearPrincipalInterestBalance
1$21,706$41,299$937,494
2$22,669$40,336$914,826
3$23,675$39,330$891,151
4$24,726$38,279$866,425
5$25,823$37,182$840,602
6$26,969$36,036$813,633
7$28,166$34,839$785,467
8$29,416$33,589$756,051
9$30,722$32,283$725,329
10$32,085$30,920$693,244
11$33,509$29,496$659,735
12$34,996$28,009$624,739
13$36,550$26,455$588,189
14$38,172$24,833$550,017
15$39,866$23,139$510,152
16$41,635$21,370$468,517
17$43,483$19,522$425,034
18$45,413$17,592$379,621
19$47,428$15,577$332,193
20$49,533$13,472$282,659
21$51,732$11,273$230,928
22$54,028$8,977$176,900
23$56,425$6,580$120,475
24$58,930$4,075$61,545
25$61,545$1,460$0

At the end of your 5-year term

Total paid over the term
$315,025
Principal paid down
$118,598
Interest paid
$196,427
Balance remaining
$840,602

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
From 10 whole-home leases in Mimico$3,700/mo
$44,400Gross annual rent
1.8%Cap rate after taxes and upkeep
$3,404 to $3,996Typical rent range
~19 daysTo find a tenant, on average

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

Talk about the numbers

The last 10 whole-home leases in Mimico signed at a median of $3,140 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,700. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.7%
Gross yield
− Property tax $5,580− Condo fees $11,189− Insurance $600− Vacancy & upkeep $4,884Net operating income $22,147

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

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