1004-59 Annie Craig Drive, Toronto, ON

Mimico, Toronto · MLS® W13796562

$1,038,888
For Sale
Listed 3 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Experience the pinnacle of waterfront living with sweeping, unobstructed views of Lake Ontario and the Toronto skyline.
  • Perched in the desirable Humber Bay Shores community, this stunning 975 sq ft suite blends refined luxury with everyday comfort.
  • The primary bedroom is a true retreat, complete with a walk-in closet with built-in organizers, a private ensuite, and breathtaking views of the water, all...
  • Suite 1004 is more than a home, it is your sanctuary where city energy meets waterfront serenity.

Experience the pinnacle of waterfront living with sweeping, unobstructed views of Lake Ontario and the Toronto skyline. Perched in the desirable Humber Bay Shores community, this stunning 975 sq ft suite blends refined luxury with everyday comfort. Every detail has been thoughtfully curated for an elevated everyday living experience. The kitchen features built-in appliances and quartz countertops, perfect for culinary enthusiasts who love a view. The primary bedroom is a true retreat, complete with a walk-in closet with built-in organizers, a private ensuite, and breathtaking views of the water, all complemented by smooth ceilings, 7" baseboards, and upgraded light fixtures throughout. Beyond your suite, the Humber Bay Shores waterfront community offers the very best of lakeside living. Scenic trails, restaurants, shops, parks, and everyday conveniences all just steps away, with seamless TTC and highway access keeping you effortlessly connected to the city. Suite 1004 is more than a home, it is your sanctuary where city energy meets waterfront serenity.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13796562
Bedrooms
2
Bathrooms
2
Size
900-999 sq ft
Cross streets
Lake Shore Blvd W / Marine Parade Dr
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$691/mo
Exposure
South
Property tax
$4,132 / 2025
Days on market
3
Listing brokerage
AURA SIGNATURE REALTY INC.

Rooms

Living RoomFlat5.48 × 4.77 m

open concept · combined w/dining · overlook water

Dining RoomFlat5.48 × 4.77 m

laminate · combined w/living · irregular room

Primary BedroomFlat3.33 × 3.07 m

laminate · 3 pc ensuite · walk-in closet(s)

KitchenFlat3.89 × 2.44 m

laminate · modern kitchen · backsplash

Bedroom 2Flat2.93 × 2.89 m

laminate · closet · window

Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$795Kautomated estimate, from recent sales

Listed at $1,038,888. Recent sales of homes like it put this one around $795K, so the ask is about 31% above what similar homes have sold for.

If it sells at this ask, expect about $1.01M, typically $979K to $1.02M: that is where homes here have closed against their asks in the last 90 days (106 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
$739KBelow recent closings$1.04MAbove recent closings

Total price vs nearby homes. Fair value about $795K, learned from recent GTA sales.

The market behind the math:

106sold nearby · 90 days
$588Kmedian sold price
96%of asking, on average
−3%prices vs a year ago
~34 dayshomes like this take to sell
3days on market so far
$3,421/moest. rent · 16 leases
4.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.3 months of inventory: 46 condo apartment homes for sale in the area against 106 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 $1,094/sqft against an area asking average of $831/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 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $701K. Condition and finishes remain an in-person call.

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 10 homes sold in this building over the past 14 months, from 499 closings in Mimico.

What sellers nearby are askingCurrently listed nearby in Mimico · asking prices
$815kavg 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 $795K, which is where my estimate comes from.

Per square foot, these ask about $900/sqft; this home lists at $1,094/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.04MThis home930k849k825k769k700kThis 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
$986K
Waterfront Communities C1
$753K
Bay Street Corridor
$638K
Church-Yonge Corridor
$599K
Mount Pleasant West
$554K

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
Also nearby: 9 more schools within 2.5 km
David Hornell Junior School · Public elementary1.1 km · 68% at standard
George R Gauld Junior School · Public elementary1.7 km · 73% at standard
St Louis Catholic School · Catholic elementary1.8 km · 76% at standard
St Leo Catholic School · Catholic elementary1.9 km · 82% at standard
Karen Kain School of the Arts · Public elementary1.9 km · 76% at standard
John English Junior Middle School · Public elementary2.0 km · 73% at standard
Swansea Junior and Senior Junior and Senior Public School · Public elementary2.1 km · 78% at standard
Etobicoke School of the Arts · Public secondary2.2 km · 80% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary2.4 km · 88% at standard

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

Affordability & Mortgage

Affordability
$4,735/mo
$207KIncome needed
5.0×Price ÷ income
$1,093Weekly cost
$34,506Land 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.

82%mortgage
Mortgage $4,735Property tax $344Condo fee $691Total carry $5,770

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)
$4,549per month

Mortgage amount $831,110 · 4.39% over 25 years

$207,778Down payment (20.0%)
$831,110Loan before insurance
$0CMHC premium
$5,585Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,549
Property tax
$344
Condo / maintenance fees
$691
Heating
$0
Estimated monthly cost
$5,585

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

One-time closing costs

Ontario land transfer tax
$17,253
Toronto municipal land transfer tax
$17,253
Estimated closing costs
$34,506

Plus your down payment of $207,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$5,512/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

$533,675Total interest paid
$1,364,785Total of all payments
Principal $831,110 Interest $533,675
YearPrincipalInterestBalance
1$18,807$35,784$812,303
2$19,642$34,950$792,662
3$20,513$34,078$772,148
4$21,424$33,168$750,724
5$22,375$32,217$728,350
6$23,368$31,224$704,982
7$24,405$30,187$680,577
8$25,488$29,103$655,089
9$26,619$27,972$628,470
10$27,801$26,791$600,670
11$29,034$25,557$571,635
12$30,323$24,268$541,312
13$31,669$22,923$509,643
14$33,074$21,517$476,569
15$34,542$20,049$442,027
16$36,075$18,516$405,952
17$37,676$16,915$368,275
18$39,348$15,243$328,927
19$41,095$13,497$287,832
20$42,919$11,673$244,914
21$44,823$9,768$200,090
22$46,813$7,779$153,277
23$48,890$5,701$104,387
24$51,060$3,531$53,326
25$53,326$1,265$0

At the end of your 5-year term

Total paid over the term
$272,957
Principal paid down
$102,761
Interest paid
$170,196
Balance remaining
$728,350

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 16 whole-home leases in Mimico$3,421/mo
$41,052Gross annual rent
2.3%Cap rate after taxes and upkeep
$3,249 to $3,700Typical 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 16 whole-home leases in Mimico signed at a median of $3,000 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,421. 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.

4.0%
Gross yield
− Property tax $4,132− Condo fees $8,294− Insurance $600− Vacancy & upkeep $4,516Net operating income $23,510

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

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