Year Built
2017
High-Rise Condo
Lago at the Waterfront Condos
by Mattamy Homes Canada
56 Annie Craig Drive, Etobicoke, ON M8V 0C8
Total Units
448
Avg $/sqft
$892
Storeys
50
Available Units in Lago at the Waterfront Condos
6
Units for sale
From $520,000
For Sale
Listed for:
Listed May 11, 2026
$520,000
Unit 1508, 56 Annie Craig Drive
Etobicoke (Mimico), ON M8V 0C5
1Bedroom
1Bathroom
1Parking
0-499Sq Ft
Condo ApartmentFor Sale
For Sale
Listed for:
Listed Sep 2, 2026
$520,000
Unit 608, 56 Annie Craig Drive
Etobicoke (Mimico), ON M8V 0C8
1Bedroom
1Bathroom
1Parking
0-499Sq Ft
Condo ApartmentFor Sale
3
Units for rent
From $3,499/mo
For RentCorner UnitCity View
Listed for:
Listed 14 days ago
$3,499
Unit 1703, 56 Annie Craig Drive
Etobicoke (Mimico), ON M8V 0C5
2 + 1Bedrooms
2Bathrooms
1Parking
1K-1.2KSq Ft
Condo ApartmentFor Rent
Live MLS · Updated daily
Overview
The black and white layers that make up the high rise at 56 Annie Craig Drive are slightly off-set, calling to mind the early stages of a game of Jenga. The playful design of the Lago at the Waterfront Condos was created by Graziani + Corazza Architects, with the building constructed in 2017 by Mattamy Homes.
The 50-storey tower contains more than just 448 Toronto condos — it’s also home to a generous lineup of amenities, collectively known as the Lago Club. These common spaces are shared with those who live in Riva del Lago, however there’s more than enough to go around: residents have access to a gym, sauna, indoor pool, hot tub, games room, party room, theatre, guest suites, and pet washing station.
Developer
Mattamy Homes Canada
Year Built
2017
Property Type
High-Rise Condo
Storeys
50
Total Units
448
Management
Crossbridge Condominium Services Ltd.
Amenities
Indoor Pool
Guest Suites
Fitness Centre
Visitor Parking
Party Room
24/7 Concierge
Price History
289 recordsLoading history…
Market Stats
Prices in Lago at the Waterfront Condos are down 8.7% compared to last year.
$892
Avg $/sqft
-8.7%
YoY change
45
Avg days on market
Location & Walkability
Walk Score
58/100
Daily errands on foot
Transit Score
77/100
TTC, GO, subway access
Bike Score
69/100
Bike lanes & infrastructure
Neighbourhood in Etobicoke
Mimico
family-friendly community-oriented diverse
Mimico is a lively neighbourhood in Etobicoke with a mix of housing options. It has a strong community feel and many amenities nearby.
Close to Lake Ontario Diverse dining options Good schools available Strong community spirit Convenient transit access
Etobicoke, Ontario
© Wikimedia Commons contributors (CC BY-SA)
At a glance
Day to dayLivability
7.1
Schools near listings
out of 10 · averaged over 8,376 past and present listings
Fraser Institute ratings within 2 km of each listing, closer schools weighted more
Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.
What it costsAffordability
Median asking price
$699,000
13% below Etobicoke 2% below Ontario
In Mimico
$699,000
In Etobicoke
$799,000
In Ontario
$709,900
Median monthly rent
$2,550/mo
2% above Etobicoke 2% above Ontario
In Mimico
$2,550
In Etobicoke
$2,493
In Ontario
$2,500
$824
Per square foot
≈ 22.8 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
311
Median $699,000
Condos 267 · Houses 44
For rent
195
Median $2,550
Recently sold
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Recently leased
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Market data as of 2026-10-25. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Affordable compared to city median prices
- High percentage of renters and owners
- Family-friendly environment
- Access to parks and recreation
Keep in mind
- Prices are above province median
- Limited secondary schools
The feel of the placeLifestyle
Daily life in Mimico offers a mix of urban and suburban living. Residents enjoy parks, shops, and easy access to public transit.
Great for first-time buyers families young professionals
Within the boundaryWhat's nearby
The boundary
6.6 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
28
Parks
32
Playgrounds
23
Transit stations
4
Grocery stores
29
Restaurants
14
Cafés
7
Gyms
1
Libraries
8
Pharmacies
Counted across all 6.6 km² of Mimico. From OpenStreetMap, as of 2026-10-26.
The schoolsWhich schools, and how they rate
6.2/10
Average rating of the 2 rated schools in this area
7
Elementary
John English Junior Middle School
Public · Grades JK–8 · Toronto DSB
7.1/107.4 over 5 yrs808th of 3,045 Ontario elementary schools
795 students · EQAO 2024-2025
St Leo Catholic School
Catholic · Grades JK–8 · Toronto CDSB
5.3/106.4 over 5 yrs2,037th of 3,045 Ontario elementary schools
405 students · EQAO 2024-2025
David Hornell Junior School
Public · Grades JK–5 · Toronto DSB
Not rated
230 students · EQAO 2024-2025
George R Gauld Junior School
Public · Grades JK–5 · Toronto DSB
Not rated
250 students · EQAO 2024-2025
Mildenhall School, the
Independent
Not rated
Oak Learners
Independent
Not rated
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Mimico, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.
The peopleWho lives here
40,840
Population (2021)
7.0 km²
Area
5,867
People per km²
40.8
Median age
$89,540
Median income
54%
Own their home
2
People per household
21,210
Households
Every age
- Children (under 15)10.1%
- Working age (15–64)74.3%
- Seniors (65+)15.7%
What is built here
- Detached houses11.1%
- Semi-detached1.3%
- Townhouses4.3%
- Duplexes1.6%
- Low-rise apartments15.4%
- High-rise apartments66.2%
Own or rent
54%Owners
46%Renters
Across 21,210 households
When it was built
- 1960 or earlier19%
- 1961–198015%
- 1981–19907%
- 1991–200010%
- 2001–20057%
- 2006–20107%
- 2011–201517%
- 2016–202118%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 43.6%
- Born outside Canada
- 46.7%
- Hold a degree or higher
- 62.8%
- Employment rate
- 19.6%
- Commute by transit
- 71.8%
- Commute by car
- 1.4
- Children per family
- $76,410
- Median income after tax
- $113,899
- Average household income
- 12.9%
- Living on a low income
- $1,736/mo
- Renters pay, per month
- $2,052/mo
- Owners pay, per month
- $841,824
- Median home value at census
- 41.1%
- Renters spending 30%+ of income on housing
- 27.1%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 34 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)
