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New2 hours ago

1507 - 56 Annie Craig Drive

Mimico, Toronto

$499,999

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

Experience urban luxury at Lago at the Waterfront in this exceptional 1 bedroom + den corner suite, offering 600 sq ft of interior living space and an expansive 245 sq ft wraparound balcony. Enjoy breathtaking, west and unobstructed north-facing views from your private outdoor retreat, with walkouts from both the living room and primary bedroom. Soaring 9' floor-to-ceiling windows fill the suite with natural light, freshly painted, while sleek flooring flows throughout. The thoughtfully designed interior features a spacious bedroom with closet organizer, den, custom vertical blinds, and a 2024 washer. Enjoy an impressive collection of resort-style amenities, including a 24-hour concierge, indoor pool, hot tub, sauna, fully equipped gym, yoga room, theatre room, party room, billiard lounge, car wash, dog wash station, bike storage rooms, visitor parking, A sophisticated waterfront lifestyle with exceptional views, abundant amenities, and seamless indoor-outdoor living.

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$564
LockerOwned
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,692
mls© NumberW13841120
Listed ByRIGHT AT HOME REALTY
Heat Included
Common Elements Included
Building Insurance Included
Water Included
CAC Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,559
Property tax
$224
Heat allowance
$150
Condo fees, half counted
$282
Housing costs
$3,215 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $100,000
25-yr amortization

Income needed

$99,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$100,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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