- Bedrooms
- 2+1
- Bathrooms
- 2
- Size
- 1,000–1,199sq ft
- Per sq ft
- $946at the range’s middle
- Tax a year
- $4,6452025 tax year
- Parking
- 11 underground
- Days on market
- Members
The brief
About 2703-56 Annie Craig Dr
2703-56 Annie Craig Dr is a 2+1-bedroom, 2-bathroom condo in Mimico, Toronto, listed for sale at an asking price of $1,039,900 (MLS® W13580530).
Welcome to Lago at the Waterfront, a luxury residence offering over 1,000 square feet of refined living space with a spectacular wrap-around balcony capturing both southwest and southeast exposures. This exceptionally designed 2+1 bedroom, 2 bathroom suite features SPECTACULAR LAKE AND CITY SKYLINE VIEWS. This condominium unit offers a priceless view with an almost panoramic window layout with floor-to-ceiling windows. California closets offer smart storage solutions for modern living. The generous principal rooms accommodate flexible living arrangements, including a versatile den ideal for a home office. The primary bedroom is complemented by an ensuite bathroom and ample closet space with a walk-in closet. The open concept kitchen includes built-in appliances, sleek cabinetry, and a functional layout that flows seamlessly into the dining and living areas. Residents of Lago at the Waterfront enjoy an impressive suite of amenities, including a fully equipped fitness centre, indoor pool and hot tub, party and media rooms, 24-hour concierge service, guest suites, and more. This suite includes one underground parking space and one locker, offering both convenience and peace of mind. This is a rare opportunity to own a premium corner residence with extraordinary views in one of Etobicoke's most coveted waterfront communities.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall28/100−$1,927/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 23 condos with 3 bedrooms for lease in Mimico right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $4,645 / 2025
- MLS® number
- W13580530
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 1000-1199 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Mimico
- Municipality
- Toronto
Building
- Size
- 1000-1199 sqft
- Construction
- Other
Inside
- Bedrooms
- 2+1
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Flat, 1 × 3pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Foundation
- Concrete
- Fireplace
- No
- Den
- Yes
- Family room
- Yes
- Extras
- All appliances, all light fixtures.
- Condo maint.
- $895
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 1.87 × 3.7 m | B/I Appliances, Stone Counter, Ceramic Back Splash | Flat |
| Living | 3.87 × 5.66 m | Combined W/Dining, W/O To Balcony, South View | Flat |
| Dining | 3.87 × 5.66 m | Combined W/Living, Window Flr to Ceil | Flat |
| Primary | 3.13 × 3.35 m | 4 Pc Ensuite, Window Flr to Ceil, W/I Closet | Flat |
| 2nd Br | 2.92 × 3.49 m | W/O To Balcony, Window Flr to Ceil, Large Closet | Flat |
| Den | 1.66 × 1.69 m | B/I Closet | Flat |
Listing history
Buy/sell history for 2703-56 Annie Craig Dr, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,039,900 | N/A | For Sale | W13580530 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $207,980
- Total mortgage amount
- $831,920
- Total interest payment
- $591,580
- Total purchase cost
- $1,631,480
- Mortgage payment
- $4,745/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
52%Monthly carrying cost
$6,027- Rent $4,100
- Shortfall $1,927
Rental income opens at $4,100, the median asking rent of 23 comparable homes for lease in Mimico. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $17,273
- Toronto municipal land transfer tax
- $17,273
- Total land transfer tax
- $34,546
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $26,071
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,039,900
- $12,798
- Ontario total
- $17,273
Toronto’s municipal tax uses the same brackets at this price, so it adds another $17,273.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
By-law
See Former City of Etobicoke By-Law No. 11,737What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
No building permits on file at this address.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
2150 LAKE SHORE BLVD WSite planUnder Review
The proposed Phase 1 development
120 m away2150 LAKE SHORE BLVD WPlan of subdivisionUnder Review
Draft Plan of Subdivision in order to establish development blocks and new streets (a total of 10 blocks).
120 m away2150 LAKE SHORE BLVD WOfficial plan or zoning amendmentUnder Review
An Official Plan and Zoning By-law Amendment application in order to redesignate the lands (from Regeneration Areas to Mixed Use Areas and Parks and Open Spaces) for a new GO Station as well as to permit an intensified mixed-use development which would include mid-rise and tall buildings (including 15 towers with heights ranging from 28 to 70-storeys). The redevelopment of this site would be completed in multiple phases with new public and private streets, a new public park (1.25 ha), and two Squares (Station Square (4,311 square metres) and Boulevard Square (3,358 square metres)). This proposal includes a total gross floor area of approximately 701,809 square metres which would be a combination of residential (584,932 square metres), commercial (63,444 square metres), retail (36,364 square metres), and institutional/other (17,071 square metres) uses on the lands municipally known as 2150 & 2194 Lake Shore Boulevard West and 23 Park Lawn Road. This proposal includes a total of 7,504 residential units and 4,422 vehicular parking spaces. Refer to File Number 20 146496 WET 03 SB for the related Draft Plan of Subdivision application in order to establish development blocks and new streets (a total of 10 blocks).
120 m away2150 LAKE SHORE BLVD WSite planUnder Review
Proposed new transit station: Park Lawn GO Station. The station will be accessed from both sides of Park Lawn Road and from both the north and south sides of the Metrolinx-Lake Shore West rail corridor. There are two proposed main entrances to the station located on the east side of Park Lawn Road, one on the north side of the rail corridor and the other on the south side of the rail corridor that will be connected to an adjacent mixed-use development (22 131744 WET 03 SA). A third entrance building is located on the west side of Park Lawn Road. NOTE: The current documents comprise the second resubmission.
120 m away2189 LAKE SHORE BLVD WSite planUnder Review
Site Plan Approval - Proposed mixed use devleopment for a 59 storey building.
310 m away2194 LAKE SHORE BLVD WSite planUnder Review
The proposed Phase 1 development
340 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Mimico right now
- For sale now
- 234
- Median asking price
- $642K
- New in 7 days
- 23
- Price cuts
- 20%
Middle half: $541K to $799K
81 in 28 days
47 listings
This home is asking 62% above the median, higher than three quarters of them.
See all homes in MimicoAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Mimico GO | GO Transit train: Lakeshore West | 1.8 km |
| Jane Station | TTC subway: Line 2 Bloor-Danforth | 2.7 km |
| Runnymede Station | TTC subway: Line 2 Bloor-Danforth | 2.9 km |
| Old Mill Station | TTC subway: Line 2 Bloor-Danforth | 3 km |
| High Park Station | TTC subway: Line 2 Bloor-Danforth | 3.3 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| David Hornell Junior SchoolToronto DSB | Public · grades JK–5 | 1.1 km | 68%Grade 3 average |
| St Mark Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 1.3 km | 61%Grade 6 average |
| Étienne Brûlé Junior SchoolToronto DSB | Public · grades JK–5 | 1.4 km | 79%Grade 3 average |
| ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 2.5 km | 87%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Etobicoke School of the ArtsToronto DSB | Public · grades 9–12 | 2.1 km | 68%Grade 9 math |
| Bishop Allen Academy Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 · French Immersion | 2.3 km | 81%Grade 9 math |
| The Student SchoolToronto DSB | Public · grades 9–12 | 3.5 km | — |
| ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 4.3 km | 69%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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