70 Annie Craig Drive 402, Toronto W06

$449,000
70 Annie Craig Drive 402

$449,000

New
30d
Condo ApartmentApartment

70 Annie Craig Drive 402, Toronto W06

Total Monthly Obligation $2,572

Beds
1
Baths
1
Park
0
Sqft
500-599
DOM
30d
Score
21
Yield
6.1%
Cash on Cash
-1.4%
Cap Rate
4.3%
5Y IRR
14.5%
10Y IRR
13.7%
Property Type-Condo Apartment
MLS® Number-W13818394
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Sep 23, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$1,930 (2025)
Maintenance-$400.3/mo
Locker-Owned
Parking-None
Basement-Apartment
Heating-Forced Air (Gas)
Brokerage-RE/MAX ULTIMATE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-60 Tba
Neighbourhood-Mimico
Title-Residential Condo & Other

No agent assigned

Welcome to Vita on the Lake in Humber Bay Shores. This bright one-bedroom corner suite pairs a well-planned layout with floor-to-ceiling windows and contemporary finishes.A welcoming foyer leads to a defined dining area and a modern kitchen with quartz countertops, a seamless backsplash and sleek cabinetry. The open living area extends to a private balcony, while the sun-filled bedroom features a walk-in closet with custom organizers. Laminate flooring throughout, in-suite laundry and an owned locker add everyday convenience.Enjoy waterfront living steps from Lake Ontario, parks, trails, cafés, restaurants, groceries and transit, with easy access to downtown Toronto and the Gardiner Expressway. Building amenities include an outdoor pool, sun deck, sauna, fitness centre, yoga studio, party room with bar and a lake-facing BBQ terrace.

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

Closing Costs

Mortgage Amount
$359,200
Land Transfer Taxes$5,455
Legal Fees (Est.)
$
Total cash required for closing$96,755

Total Monthly Obligation

$2,572/mo
Mortgage $1,811
Monthly Loss $2,096
Principal$477
Interest$1,335
Property Tax$161
Condo Fees$400
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.4%2
5-Year IRR
10.7%40
10-Year IRR
11.2%
Returns Index
21.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$27,396/yr
NOI
$15,523/yr
Net Cash Flow
-$518/mo
Cash Margin
-22.7%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
30.9/ 100

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

Comparables

Properties near 70 Annie Craig Drive 402

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.

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Data last updated within the past 24 hours.