70 Annie Craig Drive W 205, Toronto W06

$589,900
70 Annie Craig Drive W 205

$589,900

New
24d
Condo ApartmentApartment

70 Annie Craig Drive W 205, Toronto W06

Total Monthly Obligation $3,341

Bed+Den
2+1
Baths
2
Park
1
Sqft
700-799
DOM
24d
Score
18
Yield
5.4%
Cash on Cash
-4.8%
Cap Rate
3.6%
5Y IRR
11.8%
10Y IRR
11.6%
Property Type-Condo Apartment
MLS® Number-W13839308
Bed+Den-2+1
Bathrooms-2
Size-700-799 sqft
Listed on site-Sep 29, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$2,616.69 (2025)
Maintenance-$543.9/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX PLUS CITY TEAM INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBA
Neighbourhood-Mimico
Title-Residential Condo & Other

No agent assigned

Experience lakeside luxury at Mattamy's Vita on the Lake in the highly sought-after Humber Bay Shores community. This spacious and functional 1-bedroom plus den, 2-bathroom suite offers approximately 701 sq. ft. of interior living space, complemented by a 45 sq. ft. terrace. The open-concept kitchen features quartz countertops, premium built-in appliances, ample cabinetry, and a large centre island with breakfast seating. The bright living and dining area is enhanced by 9-foot ceilings, floor-to-ceiling windows, and a walkout to the terrace. The primary bedroom offers a generous walk-in closet and private ensuite, while the substantial enclosed den with a door provides excellent flexibility as a second bedroom or home office. A second full bathroom adds further convenience. One parking space and one locker are included. Residents enjoy an impressive collection of five-star amenities, including a 24-hour concierge, an outdoor pool, a rooftop deck, a fitness centre, a sauna, a party room, and more. Ideally situated steps from Lake Ontario, waterfront trails, Humber Bay Arch Bridge, parks, marinas, restaurants, cafes, transit, and everyday amenities, offering an exceptional blend of comfort, convenience, and waterfront living.

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

Closing Costs

Mortgage Amount
$471,920
Land Transfer Taxes$8,273
Legal Fees (Est.)
$
Total cash required for closing$127,753

Total Monthly Obligation

$3,341/mo
Mortgage $2,379
Monthly Loss $2,715
Principal$626
Interest$1,753
Property Tax$218
Condo Fees$544
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.2%1
5-Year IRR
8.5%26
10-Year IRR
9.5%
Returns Index
14.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$31,656/yr
NOI
$16,947/yr
Net Cash Flow
-$967/mo
Cash Margin
-36.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
24.2/ 100

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

Comparables

Properties near 70 Annie Craig Drive W 205

Time

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Data last updated within the past 24 hours.