2009-38 Annie Craig Drive, Toronto, ON

Mimico, Toronto · MLS® W13817222

$489,999
For Sale
Listed 26 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Garage
0-499Sq ft

About this home

In short

  • Experience luxury waterfront living in this bright and spacious 1-bedroom condominium ideally situated along the shores of Humber Bay.
  • The open-concept layout features impressive 9-foot ceilings and floor-to-ceiling windows that fill the suite with natural light.
  • Residents enjoy an exceptional selection of building amenities, including a fully equipped fitness centre, indoor pool, sauna, cold plunge pool, pet spa, party room...
  • Located just steps from scenic waterfront trails, transit, shopping, schools, and everyday amenities, with convenient access to the QEW and Highway 427.

Experience luxury waterfront living in this bright and spacious 1-bedroom condominium ideally situated along the shores of Humber Bay. The open-concept layout features impressive 9-foot ceilings and floor-to-ceiling windows that fill the suite with natural light. Enjoy seamless indoor-outdoor living with walkouts to a generously sized balcony from both the living room and primary bedroom, offering desirable lake front views. Residents enjoy an exceptional selection of building amenities, including a fully equipped fitness centre, indoor pool, sauna, cold plunge pool, pet spa, party room, 24-hour concierge service, and much more. Located just steps from scenic waterfront trails, transit, shopping, schools, and everyday amenities, with convenient access to the QEW and Highway 427. Don't miss out on this fantastic opportunity to enjoy modern waterfront living in one of Toronto's most sought-after lakefront communities!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13817222
Bedrooms
1
Bathrooms
1
Size
0-499 sq ft
Cross streets
Parklawn/Lake Shore
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$349/mo
Exposure
South
Days on market
26
Listing brokerage
FOREST HILL REAL ESTATE INC.

Rooms

Living RoomFlat7.62 × 3.73 m

laminate · combined w/dining · w/o to balcony

Primary BedroomMain3.05 × 2.93 m

w/o to balcony · laminate · closet

Living RoomMain6.13 × 3.48 m

open concept · w/o to balcony · laminate

KitchenMain6.13 × 3.48 m

stainless steel appl · backsplash · stone counters

Dining RoomMain6.13 × 3.48 m

laminate · combined w/living

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

What sellers nearby are askingCurrently listed nearby in Mimico · asking prices
$450kavg asking

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

Per square foot, these ask about $1,802/sqft; this home lists at $1,964/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
490kThis home470k460k449k420kThis 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.

Little Portugal
$549K
Niagara
$727K
Dovercourt-Wallace Emerson-Junction
$640K
Waterfront Communities C1
$691K
Kensington-Chinatown
$585K

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
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
Karen Kain School of the Arts · Public elementary1.8 km · 76% at standard
St Leo Catholic School · Catholic elementary1.9 km · 82% at standard
Swansea Junior and Senior Junior and Senior Public School · Public elementary1.9 km · 78% at standard
John English Junior Middle School · Public elementary2.0 km · 73% at standard
Etobicoke School of the Arts · Public secondary2.1 km · 80% 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
$2,233/mo
$106KIncome needed
4.6×Price ÷ income
$515Weekly cost
$12,550Land 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.

77%mortgage
Mortgage $2,233Estimated property tax $306Condo fee $349Total carry $2,889

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,167per month

Mortgage amount $391,999 · 4.49% over 25 years

$98,000Down payment (20.0%)
$391,999Loan before insurance
$0CMHC premium
$2,823Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,167
Estimated property tax
$306
Condo / maintenance fees
$349
Heating
$0
Estimated monthly cost
$2,823

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

One-time closing costs

Ontario land transfer tax
$6,275
Toronto municipal land transfer tax
$6,275
Estimated closing costs
$12,550

Plus your down payment of $98,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,623/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

$258,230Total interest paid
$650,229Total of all payments
Principal $391,999 Interest $258,230
YearPrincipalInterestBalance
1$8,748$17,261$383,251
2$9,145$16,864$374,107
3$9,560$16,449$364,546
4$9,994$16,015$354,552
5$10,448$15,561$344,104
6$10,922$15,087$333,182
7$11,418$14,591$321,763
8$11,937$14,072$309,827
9$12,479$13,530$297,348
10$13,045$12,964$284,303
11$13,638$12,372$270,665
12$14,257$11,752$256,408
13$14,904$11,105$241,504
14$15,581$10,428$225,923
15$16,288$9,721$209,635
16$17,028$8,981$192,607
17$17,801$8,208$174,806
18$18,609$7,400$156,197
19$19,454$6,555$136,743
20$20,337$5,672$116,406
21$21,261$4,748$95,145
22$22,226$3,783$72,919
23$23,235$2,774$49,683
24$24,290$1,719$25,393
25$25,393$616$0

At the end of your 5-year term

Total paid over the term
$130,046
Principal paid down
$47,895
Interest paid
$82,151
Balance remaining
$344,104

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$2,300/mo
$27,600Gross annual rent
3.3%Cap rate after taxes and upkeep

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.

5.6%
Gross yield
− Property tax $3,430− Condo fees $4,191− Insurance $600− Vacancy & upkeep $3,036Net operating income $16,343

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FOREST HILL REAL ESTATE INC.. MLS®/PropTx.

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