B415-60 Annie Craig Drive, Toronto, ON

Mimico, Toronto · MLS® W14010250

$714,900
For Sale
Listed 2 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Parking
700-799Sq ft

About this home

In short

  • Nestled amongst the High Rises, Ocean Club is a quiet, modern and desirable Ten storey boutique condo on the waterfront of Humber Bay.
  • Fantastic Corner Unit SPLIT layout featuring 2-bedrooms & 2-bathrooms.
  • Sleek finishes, an open-concept layout, and expansive windows that offers stunning views.
  • The primary bedroom includes a private ensuite and walk-in closet.
  • 1 Parking and Locker included. EXTRAS Ocean Club residents have access to top-tier amenities including a gym, an indoor pool, concierge, visitor parking,, a rooftop...

Nestled amongst the High Rises, Ocean Club is a quiet, modern and desirable Ten storey boutique condo on the waterfront of Humber Bay. Fantastic Corner Unit SPLIT layout featuring 2-bedrooms & 2-bathrooms. Sleek finishes, an open-concept layout, and expansive windows that offers stunning views. With one of the top layouts, every inch of space is designed for maximum impact. The contemporary kitchen features streamlined cabinetry, panelled fridge & dishwasher, wall oven, cooktop and pull out hood fan. A spacious island with quartz counters is perfect for casual dining, breakfast bar or even working from home. A large private and covered balcony provides a peaceful outdoor retreat. The primary bedroom includes a private ensuite and walk-in closet. The second bedroom can also be used for a home office or guest bedroom. This lakeside condo offers everything at your doorstep including the Martin Goodman Waterfront Trail, shops, restaurants, cafes, public transit (TTC and GO train). Easy access in and out of the city! 1 Parking and Locker included. **EXTRAS** Ocean Club residents have access to top-tier amenities including a gym, an indoor pool, concierge, visitor parking,, a rooftop deck perfect for unwinding, and a relaxing sauna. Ample underground visitor parking.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W14010250
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
Lake Shore Blvd | Marine Parade
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$559/mo
Exposure
South West
Property tax
$3,408 / 2025
Days on market
2
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

KitchenMain3.63 × 3.74 m

breakfast bar · centre island · quartz counter

Living RoomMain3.75 × 4.01 m

w/o to balcony · open concept · window floor to ceiling

FoyerMain2.60 × 2.45 m

Closet

BedroomMain2.99 × 2.85 m

large window · large closet

Primary BedroomMain4.67 × 2.72 m

4 pc ensuite · walk-in closet(s) · large window

Dining RoomMain3.63 × 3.74 m

eat-in kitchen · window floor to ceiling · open concept

Our TakeTeam Asgarian · Broker
A small discount is typical
$694Klikely sale price

Listed at $714,900. Going by how homes in Mimico have actually closed against their asking prices (about 97%, 106 local closings in 90 days), the likely sale price is near $694K, if it sells. A realistic range is $654K to $751K.

Independent value check: $639K. Without looking at the asking price, our model values the home itself about 11% below the ask (homes like it typically land between $594K and $671K).

Why $639K. The typical condo sold in Mimico over the past year went for about $603K (484 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $3,408 a year; the typical home sold here pays about $2,800.
  • ▲ Raises it2 bedrooms and 2 baths, against 1+1 and 2 typically.
List price
$654KBelow recent closings$751KAbove recent closings

Total price vs nearby homes. Likely closing about $694K, from 106 recent closings in this pocket.

The market behind the math:

106sold nearby · 90 days
$609Kmedian sold price
96%of asking, on average
+4%prices vs a year ago
~35 dayshomes like this take to sell
2days on market so far
$3,055/moest. rent · 21 leases
5.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.7 months of inventory: 61 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 $954/sqft against an area asking average of $862/sqft.

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 106 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $601K. Condition and finishes remain an 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
  • 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 8 homes sold in this building over the past 14 months, from 499 closings in Mimico.

Sold 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.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$610K43
November 2025$580K37
December 2025$650K31
January 2026$592K30
February 2026$605K31
March 2026$645K48
April 2026$642K48
May 2026$610K30
June 2026$602K49
July 2026$695K41
August 2026$595K45
September 2026$560K36

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.

High Park-Swansea
$399K
Islington-City Centre West
$451K
Niagara
$645K
Waterfront Communities C1
$572K
Bay Street Corridor
$686K

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 elementary1.9 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
$3,258/mo
$147KIncome needed
4.9×Price ÷ income
$752Weekly cost
$21,546Land 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.

79%mortgage
Mortgage $3,258Property tax $284Condo fee $559Total carry $4,101

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,162per month

Mortgage amount $571,920 · 4.49% over 25 years

$142,980Down payment (20.0%)
$571,920Loan before insurance
$0CMHC premium
$4,005Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,162
Property tax
$284
Condo / maintenance fees
$559
Heating
$0
Estimated monthly cost
$4,005

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

One-time closing costs

Ontario land transfer tax
$10,773
Toronto municipal land transfer tax
$10,773
Estimated closing costs
$21,546

Plus your down payment of $142,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,827/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

$376,753Total interest paid
$948,673Total of all payments
Principal $571,920 Interest $376,753
YearPrincipalInterestBalance
1$12,763$25,184$559,157
2$13,342$24,605$545,815
3$13,948$23,999$531,867
4$14,581$23,366$517,285
5$15,243$22,703$502,042
6$15,936$22,011$486,106
7$16,659$21,288$469,447
8$17,415$20,531$452,032
9$18,206$19,741$433,826
10$19,033$18,914$414,793
11$19,897$18,050$394,896
12$20,800$17,146$374,095
13$21,745$16,202$352,350
14$22,732$15,215$329,618
15$23,764$14,183$305,854
16$24,843$13,104$281,011
17$25,971$11,976$255,039
18$27,150$10,796$227,889
19$28,383$9,564$199,506
20$29,672$8,275$169,834
21$31,019$6,928$138,815
22$32,428$5,519$106,387
23$33,900$4,047$72,487
24$35,439$2,508$37,048
25$37,048$899$0

At the end of your 5-year term

Total paid over the term
$189,735
Principal paid down
$69,878
Interest paid
$119,857
Balance remaining
$502,042

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 21 whole-home leases in Mimico$3,055/mo
$36,660Gross annual rent
3.1%Cap rate after taxes and upkeep
$2,902 to $3,208Typical rent range
~18 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 21 whole-home leases in Mimico signed at a median of $2,600 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,055. 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.

5.1%
Gross yield
− Property tax $3,408− Condo fees $6,706− Insurance $600− Vacancy & upkeep $4,033Net operating income $21,913

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

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