56 Annie Craig Drive 1507, Toronto W06

$588,000
56 Annie Craig Drive 1507

$588,000

Price Change
24d
Condo Apartment1 Storey/Apt

56 Annie Craig Drive 1507, Toronto W06

Total Monthly Obligation $3,360

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
83
Sqft
600-699
DOM
24d
Score
17
Yield
5.0%
Cash on Cash
-6.8%
Cap Rate
3.1%
5Y IRR
10.2%
10Y IRR
10.4%
Property Type-Condo Apartment
MLS® Number-W13841120
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Sep 29, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$2,692.09 (2026)
Maintenance-$563.85/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Mimico
Title-Residential Condo & Other

No agent assigned

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. The heat pump unit supply lines have been upgraded to stainless steel braided hoses in 2025. A sophisticated waterfront lifestyle with exceptional views, abundant amenities, and seamless indoor-outdoor living.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$470,400
Land Transfer Taxes$8,235
Legal Fees (Est.)
$
Total cash required for closing$127,335

Total Monthly Obligation

$3,360/mo
Mortgage $2,372
Monthly Loss $2,736
Principal$624
Interest$1,748
Property Tax$224
Condo Fees$564
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.0%1
5-Year IRR
7.1%19
10-Year IRR
8.4%
Returns Index
10.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$29,316/yr
NOI
$14,526/yr
Net Cash Flow
-$1,161/mo
Cash Margin
-47.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
23.5/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 56 Annie Craig Drive 1507

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.