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    70 Annie Craig Drive

    Vita on the Lake
    10for Sale
    12for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    53
    Number of Units:
    489
    Condo Completion:
    2020
    Condo Demand:
    Medium
    Unit Size Range:
    419 - 1,746 SQFT
    Unit Availability:
    High

    Listing History for Vita on the Lake

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    Amenities

    Guest Suites
    Concierge
    Car Wash
    Indoor Parking
    Rooftop Deck
    Gym Room

    Maintenance Fees

    Included
    Heat
    Water
    Excluded
    Hydro
    Air Conditioning

    About 70 Annie Craig DriveVita on the Lake

    Vita on the Lake is hard to miss with its 53-storey frame at 70 Annie Craig Drive. The property was completed in 2020 by Mattamy Homes Canada, adding 489 Toronto condos for sale to the Mimico neighbourhood; though there are far fewer listed now than when initially completed. Suites in this building range in size from 419 square feet to 1746 square feet.

    Maintenance fees are $0.60 per-square-foot, which is lower than the neighbourhood average of $0.83 per-square-foot.

    The Suites

    On average, units at 70 Annie Craig Drive sell -1.88% below the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). Units in this complex are among the most expensive in the area with an average cost per-square-foot of $1,036 (based on past 12 months of sales). Units typically sell with 33 days on market on average. Over the past 12 months, 23 have sold and 85 have been rented here.

    The Neighbourhood

    This is an excellent location for those who love to dine out, with great restaurants close by such as Scaddabush italian kitchen, Scaddabush Italian Kitchen & Bar Mimico and La Vecchia Restaurant Lakeshore. If you enjoy grabbing coffee locally, then you’ll love the fact that you can walk less than 5 minutes to get to BB Cafe- Lakeshore and Tim Hortons.

    Grocery shopping can feel like a chore — but not when Rabba Fine Foods, Metro and Sobeys Queensway are just an easy 13-minute walk away.

    Residents here can stop by BMO Bank of Montreal and Scotiabank on their way home from work, so they can take care of their financial needs.

    There are plenty of parks nearby to keep your family busy, including Butterfly Garden and Jean Augustine Park, which are less than 8 minutes away by foot.

    Enhance your personal style while living in the Mimico neighbourhood by visiting Loulou, Rockwood plaza and Westlake Village.

    If you’re tired of the usual neighbourhood attractions, then perhaps having Studio Connect (Painting Studio / Art Gallery), Norman Felix Gallery Administrative Office and Artistic Impressions Canada Inc less than a 2-minute drive away will give you a lift.

    Families with older children will be happy to know that Karen Kain School of the Arts can be reached by car in under 5 minutes.

    Transportation

    For transit users, the nearest light transit stop is Opposite 2155 Lake Shore Blvd West and is about a 2 minutes walk away. Jane isn’t within a close walking distance, but you can drive there in about 7 minutes.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 56 Annie Craig Drive, 59 Annie Craig Drive and 65 Annie Craig Drive.

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    10

    Listings For Sale

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    12

    Listings For Rent

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    Explore Mimico

    3/10
    Walkability
    A sight of a grocery store is as rare as a unicorn sighting.
    6/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    23,316
    Average Individual Income
    $64,286
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $109,977
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    19%
    50 - 64
    23%
    65+
    20%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    36%
    Semi Detached
    26%
    High Rise Apartment
    20%
    Low Rise Apartment
    11%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    58%
    Mandarin
    14%
    Other
    13%
    Cantonese
    10%
    Tagalog
    2%
    Spanish
    1%
    Korean
    1%
    Tamil
    1%
    Education
    University and Above
    33%
    High School
    27%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Social Sciences
    10%
    Math & Computer Sciences
    7%
    Education
    5%
    Humanities
    4%
    Physical Sciences
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Maintenance Fees

    Vita on the Lake vs The Mimico Area

    Days on Strata

    Units at Vita on the Lake spend an average of
    34
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Mimico

    Turnover of Units

    On average, each unit is owned for
    4.7
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 57 condos in the Mimico area

    Sold Units

    22
    Units were Sold over the past twelve months

    Rented Units

    85
    Units were Rented over the past twelve months

    Best Value Rank

    Vita on the Lake offers the
    ?
    best value out of 57 condos in the Mimico neighbourhood

    Appreciation Rank

    Vita on the Lake has the
    ?
    highest ROI out of 57 condos in the Mimico neighbourhood

    Rental Yield

    Vita on the Lake yields the
    ?
    highest rent prices out of 57 condos in the Mimico neighbourhood

    High Demand

    Vita on the Lake is the
    ?
    most popular building out of 57 condos in the Mimico neighbourhood

    Transaction Insights at 70 Annie Craig Drive

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$505,000 - $575,000$590,000 - $716,000$725,000 - $930,000$872,500 - $1,292,000No Data
    Avg. Cost Per SqftNo Data$1,032$1,059$987$889No Data
    Avg. Wait for Unit AvailabilityNo Data80 Days29 Days50 Days62 DaysNo Data
    Ratio of Units in Building1%25%41%26%10%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Mimico