38 Annie Craig Drive 2210, Toronto W06

$444,900
38 Annie Craig Drive 2210

$444,900

Price Change
23d
Condo ApartmentApartment

38 Annie Craig Drive 2210, Toronto W06

Total Monthly Obligation $2,344

Beds
1
Baths
1
Park
1
Sqft
0-499
DOM
23d
Score
22
Yield
5.6%
Cash on Cash
-0.9%
Cap Rate
4.4%
5Y IRR
14.9%
10Y IRR
14.0%
Property Type-Condo Apartment
MLS® Number-W13846410
Beds-1
Bathrooms-1
Size-0-499 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Maintenance-$349.23/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-INTERNATIONAL REALTY FIRM, INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBA
Neighbourhood-Mimico
Title-Residential Condo & Other

No agent assigned

Welcome to Waters Edge at The Cove, a spectacular 56-storey condominium offering an exceptional lifestyle on the majestic shores of Humber Bay. Located in one of Toronto's most sought-after water front communities, this residence combines modern elegance, breathtaking views, and resort-style amenities. Unobstructed golden-hour sunsets and lake breezes meet modern luxury high on the 22nd floor of Water's Edge. This newly completed 1-bedroom accessibility suite offers elevated waterfront living, with floor-to-ceiling windows framing expansive sky and stunning evening sunset views.The thoughtfully designed open-concept layout features accessibility-focused details, clean lines, wide-plank flooring, and a sleek contemporary kitchen with quartz countertops and seamlessly integrated appliances. Step onto your private balcony to unwind and take in the sunset. The suite includes an owned underground parking space and private storage locker.Step outside the lobby directly onto Humber Bay Shores' waterfront trails, the Martin Goodman Trail, and Humber Bay Park. Enjoy exceptional building amenities including an indoor pool, cold plunge, sauna, spin and yoga studios, private theatre, pet spa, guest suites, virtual games room, party room, terrace, and 24-hour concierge.Ideally located within walking distance of local cafés, restaurants, Metro, and transit, with quick access to the Gardiner Expressway and downtown Toronto. Flexible closing available.

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

Closing Costs

Mortgage Amount
$355,920
Land Transfer Taxes$5,373
Legal Fees (Est.)
$
Total cash required for closing$95,853

Total Monthly Obligation

$2,344/mo
Mortgage $1,795
Monthly Loss $1,872
Principal$472
Interest$1,322
Condo Fees$349
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.8%2
5-Year IRR
11.1%43
10-Year IRR
11.5%
Returns Index
22.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$25,080/yr
NOI
$15,981/yr
Net Cash Flow
-$463/mo
Cash Margin
-22.1%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7412
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo70
Risk Index
33.4/ 100

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

Comparables

Properties near 38 Annie Craig Drive 2210

Time

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