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603 - 59 Annie Craig Drive
Mimico, Toronto
$1,190,000
Experience luxury waterfront living in this stunning 2+1 bedroom, 2-bathroom condo with 2 parking spots in the heart of Toronto. 995 sqft + a large 285 sqft wrap around balcony (1 of only 6). This bright and spacious unit features floor-to-ceiling windows that flood the space with natural light and showcase breathtaking views of the city skyline. The open-concept layout is complemented by sleek laminate flooring throughout. Enjoy cooking and entertaining in a modern kitchen that flows seamlessly into the living and dining areas. The versatile den offers the perfect space for a home office or guest room. This unit includes two rare parking spaces-ideal for city living. Residents enjoy access to world-class amenities including a gym, pool, concierge, and more. Conveniently located steps from transit, waterfront trails, dining, and shopping, this is Toronto condo living at its best.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,091
- Property tax
- $326
- Heat allowance
- $150
- Condo fees, half counted
- $374
- Housing costs
- $6,941 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$214,000
gross annual household income
- Payment at 4%
- $5,008 / mo
- Cash down
- $238,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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