Maintenance Fees
Lago at the Waterfront Condos vs The Mimico Area
for sale
134 Days on Strata
- Est Sell Timeframe:
- 22 Days
3408 - 56 Annie Craig Dr
$669,000
2 Beds
1 Bath
1 Parking
747 SQFT
Price History
- Maintenance Fees:
- $621/mth
- Taxes:
- $3,273 (2025)
- Property Type:
- Condo
- Cost Per Sqft:
- $896/sqft
- Outdoor Space:
- Balcony
- Locker:
- Owned
- Possession Date:
- Oct 3
- Exposure:
- South East
Amenities
Car Wash
Concierge
Guest Suites
Gym
Indoor Pool
Media Room
About this Listing
Step into elevated living at Lago at the Waterfront, where this spacious corner suite offers uninterrupted water and skyline views from every room. This spacious 2-bedroom layout is flooded with natural light thanks to its desirable southeast exposure as well as north-facing afternoon sun. Enjoy the luxury of a wraparound balcony with multiple access points, perfect for seamless indoor-outdoor living. The sleek, modern kitchen is equipped with quartz countertops and stainless steel appliances, flowing effortlessly into an open-concept living and dining space designed for everyday comfort and effortless entertaining. Enjoy breathtaking downtown, CN Tower, lake, and cityscape views right from your living room. The primary suite boasts a spacious walk-in closet and offers direct balcony access. Parking & Locker Included. Exceptional Building Amenities include: Indoor Pool, Hot Tub & Sauna, Fully Equipped Fitness Centre, Party Room & Guest Suites, outdoor BBQ Terrace, Dog Wash Station & Car Wash, 24-Hour Concierge & Ample Visitor Parking. Located in the sought-after Humber Bay Shores community, you're steps to waterfront parks, scenic trails, local cafés, restaurants, shopping, and transit. This is a rare opportunity to secure a move-in-ready waterfront home with resort-style amenities at a price that offers exceptional value.
ExtrasExisting appliances: (fridge, stove, new dishwasher, washer/dryer, microwave), light fixtures,& window coverings.
royal lepage signature realtyMLS® #W12277750
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Included
- Air Conditioning
- Not Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Dimensions
- Living
- 13.91 x 10.01ft
- Combined with Dining, Walkout To Balcony, Laminate
- Kitchen
- 13.91 x 10.01ft
- Combined with Living, Stainless Steel Appliances, Modern Kitchen
- Primary
- 10.5 x 9.51ft
- Windows Floor to Ceiling, Walk-in Closet, Walkout To Balcony
- 2nd Bedroom
- 10.07 x 8.5ft
- Windows Floor to Ceiling, Closet, Laminate
Buyer's Market
Balanced
Seller's Market
Building Spotlight
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Map
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7/10
Transit
Transit's there for you, like a loyal golden retriever.
6/10
Bikeability
The bike lane starts to feel like a second home.
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
23,316
Average Individual Income
$64,286
Average Household Size
3 persons
Average Age
45
Average Household Income
$109,977
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
36%
Semi Detached
26%
High Rise Apartment
20%
Low Rise Apartment
11%
Duplex
5%
Marital Status
Commute
Languages (Primary Language)
English
58%
Mandarin
14%
Other
13%
Cantonese
10%
Tagalog
2%
Spanish
1%
Korean
1%
Tamil
1%
Education
University and Above
33%
High School
27%
None
16%
College
15%
Apprenticeship
3%
University Below Batchelor
3%
Major Field of Study
Business Management
25%
Architecture & Engineering
20%
Health & Related Fields
12%
Social Sciences
10%
Math & Computer Sciences
7%
Education
5%
Humanities
4%
Physical Sciences
4%
Personal, Protective & Transportation Services
3%
Visual & Performing Arts
3%
Building Trends At Lago at the Waterfront Condos
Days on Strata
Units at Lago at the Waterfront Condos spend an average of
35
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
3%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Mimico
Turnover of Units
On average, each unit is owned for
6.1
YEARS before being sold againProperty Value
-15%
Decrease in property value within the past twelve months
Price Ranking
21st
Highest price per SQFT out of 62 condos in the Mimico area
Sold Units
20
Units were Sold over the past twelve months
Rented Units
69
Units were Rented over the past twelve months
Best Value Rank
Lago at the Waterfront Condos offers the best value out of 62 condos in the Mimico neighbourhood
?
Appreciation Rank
Lago at the Waterfront Condos has the highest ROI out of 62 condos in the Mimico neighbourhood
?
Rental Yield
Lago at the Waterfront Condos yields the highest rent prices out of 62 condos in the Mimico neighbourhood
?
High Demand
Lago at the Waterfront Condos is the most popular building out of 62 condos in the Mimico neighbourhood
?
Market Insights
Transaction Insights at Lago at the Waterfront Condos
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed + Den | |
|---|---|---|---|---|---|---|
| Price Range | $422,000 | $500,000 - $530,000 | $545,000 - $635,000 | $685,000 - $700,000 | $665,000 - $1,425,000 | No Data |
| Avg. Cost Per Sqft | $577 | $959 | $951 | $999 | $961 | No Data |
| Price Range | $1,800 - $1,950 | $2,125 - $2,350 | $2,150 - $2,675 | $2,600 - $5,000 | $2,700 - $5,200 | No Data |
| Avg. Wait for Unit Availability | 207 Days | 70 Days | 33 Days | 51 Days | 61 Days | No Data |
| Avg. Wait for Unit Availability | 125 Days | 21 Days | 13 Days | 15 Days | 28 Days | No Data |
| Ratio of Units in Building | 4% | 20% | 33% | 28% | 17% | 1% |
Market Inventory
Total number of units listed and sold in Mimico
