1008-38 Annie Craig Drive, Toronto, ON
Mimico, Toronto · MLS® W13866956
About this home
In short
- Welcome to #1008-38 Annie Craig Drive.
- A 2 Bedroom + 1 washroom luxurious waterfront condo.
- The open-concept layout includes a modern kitchen equipped with built-in stainless steel appliances, quartz countertops, and a functional island ideal for dining and...
- Perfectly located just steps to shops, cafes, grocery stores, scenic parks, waterfront trails, public transit, and major highways this condo blends urban convenience...
- Additional highlights includes Ensuite laundry, Parking & locker included Resort-style amenities: 24-hour concierge, indoor pool, sauna, yoga studio, gym, billiards...
Welcome to #1008-38 Annie Craig Drive. A 2 Bedroom + 1 washroom luxurious waterfront condo. A corner unit with breath-taking South West panoramic view of Lake-Ontario and downtown Toronto. The L shaped offers a sun filled and natural light to this functional layout 2 bed room condo-unit- 642 Sq-Ft of interior living space and an impressive 300 Sq-ft of a wrap-around balcony. This unit features floor- Ceiling windows and elegant laminate flooring through out the suite. The open-concept layout includes a modern kitchen equipped with built-in stainless steel appliances, quartz countertops, and a functional island ideal for dining and entertaining. Both the living area and the spacious primary bedroom provide direct access to the oversized balcony for your private outdoor retreat. Perfectly located just steps to shops, cafes, grocery stores, scenic parks, waterfront trails, public transit, and major highways this condo blends urban convenience with lakeside serenity. Additional highlights includes Ensuite laundry, Parking & locker included Resort-style amenities: 24-hour concierge, indoor pool, sauna, yoga studio, gym, billiards room, theatre, party room, and guest suites. A perfect opportunity for professionals, couples, or starter seeking luxury living by the lake.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W13866956
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- 600-699 sq ft
- Cross streets
- Park Lawn & Lakeshore Blvd W
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Concrete Block
- Foundation
- Concrete, Block, Poured Concrete, Prefabricated
- Roof
- Asphalt Shingle, Shingles, Asphalt Rolled
- Maintenance
- $467/mo
- Exposure
- North West
- Days on market
- 9
- Listing brokerage
- ROYAL ESTATE REALTY POINT
Rooms
laminate · combined w/living · open concept
laminate · combined w/dining · w/o to balcony
large window · large closet
laminate · quartz counter · modern kitchen
Listed at $580,000 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $563K, typically $530K to $609K. Comparable closings on their own put this home around $522K, about 10% below the ask.
Total price vs nearby homes. Likely closing about $563K, from 106 recent closings in this pocket.
The market behind the math:
About 1.5 months of inventory: 54 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.
Price per square foot: this home lists at $893/sqft against an area asking average of $862/sqft.
How this estimate is builtthe short version
I take the 106 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Open-concept layout: modern, sought-after flow. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($893/sqft) is in line with the area, so you are paying for extra space rather than a premium.
Based on 106 comparable homes that sold in Mimico over the past 14 months, from 499 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $834/sqft; this home lists at $893/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for condos in Mimico: $560K in September 2026, up 1% from a year ago, on 469 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $610K | 43 |
| November 2025 | $580K | 37 |
| December 2025 | $650K | 31 |
| January 2026 | $592K | 30 |
| February 2026 | $605K | 31 |
| March 2026 | $645K | 48 |
| April 2026 | $642K | 48 |
| May 2026 | $610K | 30 |
| June 2026 | $602K | 49 |
| July 2026 | $695K | 41 |
| August 2026 | $595K | 45 |
| September 2026 | $560K | 36 |
Neighbourhood & location
Mimico, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 9 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.
Mortgage amount $464,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,566
- Estimated property tax
- $363
- Condo / maintenance fees
- $467
- Heating
- $0
- Estimated monthly cost
- $3,395
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,075
- Toronto municipal land transfer tax
- $8,075
- Estimated closing costs
- $16,150
Plus your down payment of $116,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $153,932
- Principal paid down
- $56,692
- Interest paid
- $97,240
- Balance remaining
- $407,308
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 8 whole-home leases in Mimico signed at a median of $2,350 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,584. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL ESTATE REALTY POINT. MLS®/PropTx.