Condo of the Week: $950,000 for a Mimico suite near a butterfly preserve

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Published on: October 21, 2016

Address: 59 Annie Craig Drive, Unit 803
Neighbourhood: Mimico
Agent: Maz Ekbatani, Sutton West Realty Inc., Brokerage
Price: $948,800
Previously sold for: $597,342, in 2014

The place

A lakefront condo across the street from a butterfly habitat.

The owner installed an electric fireplace in the living room:

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There’s a small den area with a view of the lake:

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The kitchen countertops are quartz. The fridge and dishwasher are concealed by cabinetry:

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Here’s the guest bedroom:

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And the hallway bathroom:

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The master bedroom’s en suite bathroom:

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The balcony and the view:

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The story

The owner bought this two-bedroom condo pre-construction in 2014. He hired a designer and dumped nearly $100,000 into outfitting the place with custom lighting, new cabinetry and a built-in bed frame:

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After all that work, he decided to sell the place and move closer to the city’s core.

Big selling points

Every room (except the bathroom) has a dazzling view of the lake and the distant city skyline. And, thanks to the Humber Bay Butterfly Habitat across the street, there’s little chance of a new condo tower popping up and blocking the vista. The building’s amenities include a rooftop patio with barbecues, an indoor pool, a gym, a jacuzzi and a steam room.

Possible deal breaker

TTC access isn’t great. It takes about five minutes to walk to the 501 Queen streetcar, which is notoriously unreliable during the weekday morning commute. It’s about an hour by streetcar to Union Station. Another possible drawback, for those who aren’t charmed by the bed frame: it’s pretty well attached to the wall and ceiling, and removing it could be tough.

By the numbers

• 1,095-square-foot interior
• $601.91 in monthly maintenance fees
• 125-square-foot balcony
• 9-foot ceilings
• 2 bedrooms
• 1 bathroom
• 1 parking space

Article source: http://torontolife.com/real-estate/condos/toronto-condo-for-sale-59-annie-craig-drive/

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