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Listed 7 days ago

605 - 39 Annie Craig Drive

Mimico, Toronto

$515,000

Condo Apartment |
1 | 1 | 1 | 0
About this home

Priced to sell - Welcome to Unit 605 at Cove at Waterways, a modern waterfront residence in Toronto's vibrant Humber Bay Shores community. This bright 1-bedroom suite offers a functional open concept layout with modern kitchen featuring stainless steel appliances and granite countertops, Floor-to-ceiling windows fill the space with natural light and lead to a private wrap around balcony, ideal for enjoying the fresh lakefront air. Complete with parking, and just steps to TTC with easy access to major highways. Prime waterfront location, minutes to downtown, Sherway Garden, Costco, and IKEA. Walking distance to the lake, Humber Bay Park, waterfront trails, restaurants, Metro, Shoppers Drug Mart, banks, and more.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age6-10
Size500-599 sq. ft.
Maintenance Fees$488
LockerNone
BalconyOpen
ExposureSouth West
Parking TypeNone
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,412
mls© NumberW13613004
Listed ByHOMELIFE/ROMANO REALTY LTD.
Water Included
Building Insurance Included

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$2,636
Property tax
$201
Heat allowance
$150
Condo fees, half counted
$244
Housing costs
$3,231 / mo

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

Down payment20% · $103,000
25-yr amortization

Income needed

$99,000

gross annual household income

Payment at 4%
$2,167 / mo
Cash down
$103,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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