Maintenance Fees
Vita on the Lake vs The Mimico Area
for sale
46 Days on Strata
- Est Sell Timeframe:
- 22 Days
4603 - 70 Annie Craig Dr
$647,000
1 Bed + 1
2 Bath
1 Parking
610 SQFT
Price History
- Maintenance Fees:
- $452/mth
- Taxes:
- $2,888 (2025)
- Property Type:
- Condo
- Cost Per Sqft:
- $1,061/sqft
- Outdoor Space:
- Balcony
- Locker:
- Owned
- Possession Date:
- TBD
- Exposure:
- North East
Amenities
Guest Suites
Indoor Parking
Party Room
Indoor Pool
Gym
Bike Storage
Concierge
Amenity details for reference only. Independently verify accuracy.
About this Listing
Outstanding investment and lifestyle opportunity at Vita on the Lake, an elegant waterfront residence in the heart of Humber Bay Shores. This bright and modern 1 Bedroom + Den, 2 Bathroom suite on the 46th floor showcases spectacular, unobstructed views of Lake Ontario and the Toronto skyline. With no rent control, it offers a great chance for investors to maximize rental potential, while owners will appreciate the thoughtfully designed layout featuring 9-foot ceilings, wide-plank flooring, quartz countertops, stainless steel appliances, and a spacious balcony that extends the living space. The 56-storey building provides top-tier amenities including a fitness centre, yoga studio, sauna, outdoor saltwater pool, rooftop BBQ terrace, guest suites, secure underground parking, pet wash station, and 24-hour concierge. Perfectly positioned near waterfront trails, parks, cafes, and transit, this suite combines the best of nature and city livingideal for investors, professionals, or downsizers seeking modern luxury by the lake.
akarat group inc.MLS® #W12447449
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Not Included
- Air Conditioning
- Not Included
- Water
- Not Included
- Parking
- Included
- Building Maintenance
- Not Included
- Building Insurance
- Not Included
- Heating Type
- Heat Pump
- Heat Source
- Electric
- Air Conditioning Type
- Central Air
Dimensions
- Foyer
- 8.86 x 3.87ft
- Laminate
- Living
- 10.24 x 9.97ft
- Laminate, Window, Balcony
- Kitchen
- 14.31 x 7.19ft
- Laminate, Stainless Steel Appliances, Quartz Counter
- Primary
- 11.16 x 10.83ft
- Laminate, Window, Balcony
- Bathroom
- 8.86 x 4.59ft
- 3 Piece Ensuite, Porcelain Floor, Corian Counter
- Den
- 7.71 x 6.23ft
- Laminate, Sliding Doors
- Bathroom
- 7.55 x 4.69ft
- 3 Piece Bath, Porcelain Floor, Corian Counter
Buyer's Market
Balanced
Seller's Market
Building Spotlight
Similar Listings
Explore Mimico
Map
3/10
Walkability
A sight of a grocery store is as rare as a unicorn sighting.
6/10
Transit
You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
7/10
Bikeability
Your bike's the trusty steed in this urban jungle — giddy up!
Mortgage Calculator
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 Vita on the Lake
Days on Strata
Units at Vita on the Lake spend an average of
51
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
4%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in Mimico
Turnover of Units
On average, each unit is owned for
5.2
YEARS before being sold againProperty Value
-4%
Decrease in property value within the past twelve months
Price Ranking
7th
Highest price per SQFT out of 62 condos in the Mimico area
Sold Units
18
Units were Sold over the past twelve months
Rented Units
90
Units were Rented over the past twelve months
Best Value Rank
Vita on the Lake offers the best value out of 62 condos in the Mimico neighbourhood
?
Appreciation Rank
Vita on the Lake has the highest ROI out of 62 condos in the Mimico neighbourhood
?
Rental Yield
Vita on the Lake yields the highest rent prices out of 62 condos in the Mimico neighbourhood
?
High Demand
Vita on the Lake is the most popular building out of 62 condos in the Mimico neighbourhood
?
Market Insights
Transaction Insights at Vita on the Lake
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|---|
| Price Range | No Data | $520,000 - $550,000 | $520,000 - $640,000 | $690,000 - $1,430,000 | No Data | No Data |
| Avg. Cost Per Sqft | No Data | $1,035 | $975 | $1,034 | No Data | No Data |
| Price Range | No Data | $1,999 - $2,400 | $2,400 - $2,995 | $2,950 - $5,950 | $3,050 - $5,400 | No Data |
| Avg. Wait for Unit Availability | No Data | 87 Days | 30 Days | 60 Days | 62 Days | No Data |
| Avg. Wait for Unit Availability | No Data | 11 Days | 8 Days | 13 Days | 33 Days | No Data |
| Ratio of Units in Building | 1% | 24% | 42% | 24% | 10% | 1% |
Market Inventory
Total number of units listed and sold in Mimico
