- Bedrooms
- 1+1
- Bathrooms
- 1
- Size
- 500–599sq ft
- Per sq ft
- $1,183at the range’s middle
- Tax a year
- $2,7702026 tax year
- Built
- 6-10
- Parking
- 11 underground
- Days on market
- Members
The brief
About 3502-59 Annie Craig Dr
3502-59 Annie Craig Dr is a 1+1-bedroom, 1-bathroom condo in Mimico, Toronto, listed for sale at an asking price of $649,800 (MLS® W13534974).
Experience Elevated Waterfront Luxury At Ocean Club, This Modern Building Exudes Contemporary Design and Atmosphere! The "Palm Beach" 595 Sq Ft + 50 Sq Ft Balcony! Perched on the 35th Floor, Offering Panoramic Unobstructed East Exposure of Lake Ontario, Bay, City Downtown and CN Tower! Watch the Sun Rise Over the Lake and Sweeping, Stunning Views of Toronto Skyline As It Shines Beneath The Stars! Enjoy True Urban Convenience By The Water! Walk to Lake, Lake Front Parks, Trails and Marina! Minutes to Public Transit, Restaurants, Grocery Stores and QEW and 427 Highway! Open Concept Modern Kitchen With Integrated Appliances, Custom Backsplash, Quartz Stone Countertops, Island With Breakfast Bar, 9 Feet Smooth Ceilings, 1 Bedroom With Large Closet and East Views of Lake and Toronto Skyline, Expansive Den, Balcony, Ensuite Laundry With Front Load Washer and Dryer, Favoured Location For the 1 Parking Space and 1 Locker Only Steps Away From the Elevator. Enjoy Exclusive Use of the Premium Amenities, These Include: Swimming Pool, Fully Equipped Exercise Room, Stylish Party Room, Steam Room and Hot Tub. *** Photos are of Vacant Unit, Property is now Tenanted***
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall43/100−$618/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 67 condos with 2 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
- $2,770 / 2026
- MLS® number
- W13534974
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 6-10
- Days on market
- Size
- 500-599 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Mimico
- Municipality
- Toronto
Building
- Size
- 500-599 sqft
- Building Age
- 6-10
- Construction
- Concrete
Inside
- Bedrooms
- 1+1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc 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
- No
- Family room
- No
- Extras
- Upgraded Quartz Countertops, Electrical Light Fixtures, Window Coverings, Fridge, Built-In Cooktop, Built-In Oven, Built-In Dishwasher, Microwave, Stacked Washer and Dryer, Double Stainless Steel Sink, Undermount Lighting, Glass Backsplash, 9 Feet Smooth Ceilings, One Owned Parking and One Owned Locker.
- Condo maint.
- $372
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.35 × 4.0 m | Combined W/Dining, Laminate, W/O To Balcony | Flat |
| Dining | 3.35 × 4.0 m | Combined W/Living, Laminate, Overlook Water | Flat |
| Kitchen | 2.14 × 2.74 m | Centre Island, Custom Backsplash, Quartz Counter | Flat |
| Primary | 3.0 × 3.2 m | Laminate, Large Closet, Overlook Water | Flat |
| Den | 2.02 × 2.29 m | Laminate, Open Concept | Flat |
Listing history
Buy/sell history for 3502-59 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 | $649,800 | N/A | Ext | W13534974 |
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
- $129,960
- Total mortgage amount
- $519,840
- Total interest payment
- $369,660
- Total purchase cost
- $1,019,460
- Mortgage payment
- $2,965/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
37%Monthly carrying cost
$3,568- Rent $2,950
- Shortfall $618
Rental income opens at $2,950, the median asking rent of 67 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
- $9,471
- Toronto municipal land transfer tax
- $9,471
- Total land transfer tax
- $18,942
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $10,467
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 $649,800
- $4,996
- Ontario total
- $9,471
Toronto’s municipal tax uses the same brackets at this price, so it adds another $9,471.
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 Yossi Kaplan, MBA, Salesperson 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
8 building permits cleared at this address in the City’s file.
Interior AlterationsPermit Issued
Proposal to reconfigure and combine the second floor men's and women's change rooms.
Issued June 24, 2026
Interior AlterationsClosed
Existing restaurant interior alterations. Seating layout changes. Kitchen layout changes. Adding partition wall - TIS Dining
Issued December 16, 2024
Building Permit Related(MS)Closed
HVAC - Existing restaurant interior alterations. Seating layout changes. Kitchen layout changes. Adding partition wall - TIS Dining
Issued December 16, 2024
Building Permit Related(PS)Closed
Plumbing - Existing restaurant interior alterations. Seating layout changes. Kitchen layout changes. Adding partition wall - TIS Dining
Issued December 16, 2024
Building Permit Related(MS)Closed
HVAC - Proposal to construct interior alterations for a new tenant fit out for a new restaurant
Issued March 27, 2019
Sign Building Permit RelatedClosed
To erect and display one illuminated projecting sign.****SCADDABUSH****
Issued January 16, 2019
Interior AlterationsClosed
Proposal to construct interior alterations for a new tenant fit out for a new restaurant
Issued September 18, 2018
Building Permit Related(PS)Closed
Plumbing - Proposal to construct interior alterations for a new tenant fit out for a new restaurant
Issued September 18, 2018
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
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
200 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).
200 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).
200 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.
200 m away2189 LAKE SHORE BLVD WSite planUnder Review
Site Plan Approval - Proposed mixed use devleopment for a 59 storey building.
280 m away2194 LAKE SHORE BLVD WSite planUnder Review
The proposed Phase 1 development
330 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
- 233
- Median asking price
- $649K
- New in 7 days
- 23
- Price cuts
- 20%
Middle half: $540K to $799K
81 in 28 days
47 listings
This home is asking at the median.
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 | 1.9 km |
| Jane Station | TTC subway: Line 2 Bloor-Danforth | 2.8 km |
| Runnymede Station | TTC subway: Line 2 Bloor-Danforth | 3 km |
| Old Mill Station | TTC subway: Line 2 Bloor-Danforth | 3.1 km |
| High Park Station | TTC subway: Line 2 Bloor-Danforth | 3.4 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 | 1.4 km | 61%Grade 6 average |
| Étienne Brûlé Junior SchoolToronto DSB | Public · grades JK–5 | 1.5 km | 79%Grade 3 average |
| ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 2.6 km | 87%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Etobicoke School of the ArtsToronto DSB | Public · grades 9–12 | 2.2 km | 68%Grade 9 math |
| Bishop Allen Academy Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 · French Immersion | 2.4 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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