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3502 - 59 Annie Craig Drive

Mimico, Toronto

$649,800

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

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***

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. Age6-10
Size500-599 sq. ft.
Maintenance Fees$372
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,770
mls© NumberW13534974
Listed ByROYAL LEPAGE REALTY CENTRE
Heat Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

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

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$3,326
Property tax
$231
Heat allowance
$150
Condo fees, half counted
$186
Housing costs
$3,893 / mo

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

Down payment20% · $129,960
25-yr amortization

Income needed

$120,000

gross annual household income

Payment at 4%
$2,734 / mo
Cash down
$129,960

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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