MDMoh DianMohammad Hassan Mohammadian · Realtor®
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Vita on the Lake condominium tower at 70 Annie Craig Drive

Humber Bay Shores / Mimico building intelligence · September 2026

Vita on the Lake at 70 Annie Craig: what real one-bedroom + den sales mean for buyers.

I matched the same Jan. 1-Sep. 20 REALM sold window for 2025 and 2026, then re-opened all 28 broker full sheets to verify exact area, maintenance, exposure, parking, corporation data and listing context.

13 sales in 202515 in 202670 Annie Craig Dr

A repeatable one-bedroom-plus-den group offers more context than a raw median

If Vita's 2026 comparable prices screened lower, what should a buyer or seller actually do?

Imagine a buyer deciding whether a one-bedroom plus den at Vita on the Lake is worth its asking price, and an owner of a similar floor plan considering a sale. Unlike nearby buildings with only a few sales, the historical Vita sample contained 13 completed sales in 2025 and 15 in 2026, including a sizeable repeated 1+den group. Bedroom-and-size matching screened roughly 9.3% lower, while the raw median was 8% lower. Those findings are useful context, but they are not a current quote for any particular view or stack. These people and listings are illustrative.

For a buyer who needs a work-from-home den

See whether the den is actually useful before negotiating on the trend.

The repeated 1+den / 600–699 ft² product group contributed much of the historical 2026 matching evidence, with 17 total transactions across the two study periods. That is more informative than a single tiny two-bedroom cell, but it still does not match floor, exposure or condition.

Next check: Visit the exact suite, measure the den, verify real lake views and current TSCC 2908 expenses, parking, locker and status documents. Use recent like-for-like closed sales and live competition to select an offer.

Decide whether the den fits your life →
For a Vita condo owner

A stronger sample still isn't an automatic list-price deduction.

The historical raw median screened about 8.0% lower, bedroom-and-size matching about 9.3% lower and exact-area median about 6.4% lower. They point generally in the same direction but describe different groupings and not any one exact home.

Next check: Anchor your expected price to the best same-layout, same-exposure current comparables, maintenance costs and competing listings. Then evaluate staging, repairs and net proceeds.

Plan pricing and preparation →

Three practical checks before using Vita's sample

  1. Is the real condo a 1+den 600–699 ft² product, a smaller one-bedroom or a different two-bedroom?
  2. Have the exact view, floor, area, parking and current corporation fees and documents been verified?
  3. Does the historical matched sample fairly represent this suite, or are important features uncontrolled?

See four real Vita sold examples: asking time, room size and balcony area →

The original 28 verified full sheets, matched periods and anomaly notes remain preserved. The 1+den group carries more evidence than several nearby towers, but historical matched medians are not a current valuation, a rental-income forecast or a guarantee of the next sale price.

Four different completed 1-bedroom + den sales · two practical questions

Could 144 more listing days lead to the same sold price? And is a 280-ft² balcony also indoor space?

These four different completed condo sales at Vita on the Lake come from the verified 2025/2026 13-sale and 15-sale samples. They do not represent four sales of one property. Comparing advertised interior areas and broker listing times helps identify questions—not a mechanical discount or a building-wide price trend.

Decision 01 · Two different 615 reported ft² · March 2026

Both closed at $580,000. One listing recorded 165 days; the other, 21.

March 20, 2026: A one-bedroom-plus-den with 615 MPAC-reported ft², southeast exposure and reported level 50 sold for $580,000. Its completed sold sheet recorded 165 listing days and historical monthly maintenance of $451.

March 23, 2026: A different one-bedroom-plus-den with the same 615 MPAC-reported ft², northeast exposure and reported level 45 also sold for $580,000. The separate sold listing recorded 21 listing days and historical monthly maintenance of $452.

Buyer takeaway: the historical listing DOM differs by 144 days, yet the closed prices match. Different views, levels, condition, negotiating circumstances and possible relistings were not controlled. A historic sold sheet's DOM is not verified total marketing time across relistings, and neither the time nor price proves seller motivation or a guaranteed discount.

Decision 02 · Reported 650 ft² inside · balcony-area warning

One listing described 280 additional balcony ft². That is not 280 extra indoor ft².

March 2025: A northeast-exposure, reported level 14 one-bedroom-plus-den sold for $625,000. Its broker area-source text specified 650 ft² interior + 280 ft² balcony, as per builder, with $474.24/month historic maintenance. The balcony is separately described outdoor space, not part of the 650-ft² reported interior area.

April 2026: Another, different one-bedroom-plus-den at reported level 32 with southeast exposure sold for $585,000. Its reported 650 ft² came from an Owner area source, with $474/month historic listed maintenance. No equivalent 280-ft² balcony area is established from this source.

Seller takeaway: the later sale closed $40,000 lower, but the two suites, area sources, floors, views, layouts and condition differ. Do not compare 930 ft² (650 interior + 280 outdoor) to another listing's 650 reported indoor ft² as if both were the same type of living area; confirm the official plan and the outdoor space for each actual condo.

What to verify before using these prices for an offer or listing

  1. Separate living and outdoor areas: get the exact registered/approved floor plan and measure the den's practical use. A balcony described in a builder listing is not interior square footage.
  2. Audit listing history: recorded days on one completed SOLD sheet are not cumulative marketing days across possible relistings. Seller urgency cannot be assumed from DOM.
  3. Confirm view and ownership rights: check floor, exposure, real window views, legal parking/locker interests and current TSCC 2908 declaration/status documents, not solely old broker entry fields.
  4. Check current costs: the $451–$474.24 maintenance values above are historical listing amounts, not today's fee quotations. The 28-sale study still consists of 13 completed 2025 sales and 15 completed 2026 sales, not four sales of the same unit.

For decisions beyond these examples, read the one-bedroom + den versus two-bedroom guide, the condo maintenance-fee guide, and the status-certificate checklist, or compare other Humber Bay Shores buildings. You can also request an optional exact-unit comparison after reading all the evidence for free.

2026 resale snapshot

Vita had slightly more matched-period sales, a lower raw median and nearly unchanged median market time.

The building has enough repeated 1-bedroom and 1-bedroom-plus-den product to run a stronger mix-control check than several nearby buildings with thinner turnover.

15Verified 2026 sales
$575KRaw median sold price
37 daysMedian DOM
40%Sold within 30 days
$900Median sold / exact reported ft²
$0.738Median maintenance / exact ft² / month

Matched Jan. 1-Sep. 20 periods: 13 sales in 2025 and 15 in 2026. Sold counts describe completed transactions, not total listing supply or sell-through probability.

Four analytical lenses

Unlike a composition-sensitive raw median, Vita’s main resale checks point in broadly the same direction.

$625K → $575K

Raw matched-period median: −8.0%.

−9.3%

Bedroom + reported-size matched estimate.

$962 → $900 / ft²

Exact-area median sensitivity: −6.4%.

36 → 37 days

Median days on market stayed close.

The aligned direction is stronger historical evidence than a raw median by itself. It is still not a forecast, a unit appraisal or proof that every Vita stack moved by the same percentage.

Matched-product sensitivity

Matching bedroom count and reported size still points about 9.3% lower.

Three common strata carry 11 matched-weight observations: the dominant 1BR+den / 600-699 sq. ft. cell, the 1BR / 500-599 cell and a smaller 2BR / 700-799 cell.

−9.3%Matched bedroom + size estimate
3Common product strata
85%Matched-weight coverage of 2025
73%Matched-weight coverage of 2026
−10.8%Bootstrap lower bound
−5.3%Bootstrap upper bound

The estimator is the weighted geometric mean of common stratum median-price ratios, weighted by the smaller year count in each stratum. In this sample the deterministic bootstrap interval remains below zero, so the mix-adjusted historical signal is more stable than Ocean Club’s—but it is still building-level evidence, not a specific-unit valuation.

Repeated-product benchmarks

The dominant 1BR+den cell and the smaller repeated cells were all lower in the 2026 window.

These comparisons control reported bedroom configuration and size band, while floor, exposure, exact area, parking, locker, view and condition can still differ.

1BR + den / 600-699 sq ft$625K → $575K
Sales
8 → 9
Change
−8.0%
Median DOM
34 → 47
1BR / 500-599 sq ft$520K → $452.5K
Sales
2 → 4
Change
−13.0%
Median DOM
62 → 58.5
2BR / 700-799 sq ft$690K → $610K
Sales
1 → 1
Change
−11.6%
Median DOM
130 → 15

The 2BR cell is only one sale in each year and should not be generalized. The 1BR+den / 600-699 cell carries far more evidentiary weight because it includes 17 matched-period sales across the two years.

Exact-area & carrying-cost sensitivity

Exact-area pricing was lower while observed maintenance intensity was nearly flat.

Exact finished area was populated for 12 of 13 2025 sales and all 15 2026 sales. One 2026 maintenance field literally reports $1 and is excluded from fee normalization.

$9622025 median sold / ft² (n=12)
$9002026 median sold / ft² (n=15)
−6.4%Observed exact-area movement
$0.7292025 maintenance / ft² median
$0.7382026 maintenance / ft² median
+1.2%Observed maintenance-intensity change

The exact-area field is broker/MLS-reported and is not a new measurement. Historical listing-reported maintenance is screening context only; current fees, inclusions, reserve-fund information and special assessments belong in the current status-certificate review.

Building identity

Vita on the Lake is the 53-storey tower at 70 Annie Craig Drive.

City planning material identifies the project as the 53-storey Vita on the Lake building, and public building records associate 70 Annie Craig with Mattamy Homes / Biddington Homes and condominium corporation TSCC 2908.

70Annie Craig Drive
53Storeys in City planning context
2908Corporation number
28/28Broker full sheets reviewed

REALM entry quality is not perfectly uniform: several sheets mistype the corporation prefix and one 2025 sheet reports “2098” despite the correct address and Vita building name. The raw anomalies are preserved in the research record rather than silently rewritten.

The building and product in context

A tall waterfront tower, a dominant 1BR+den resale cell and materially different view corridors.

These images come from verified Vita sold listings. They show physical context only; no image is used to imply that every unit has the same floor plan, finish or view.

Vita on the Lake tower at 70 Annie Craig Drive
Vita on the Lake tower / streetscape context
Vita on the Lake entrance at 70 Annie Craig Drive
70 Annie Craig entrance
Vita on the Lake lobby at 70 Annie Craig Drive
Representative lobby context
Lake Ontario and Humber Bay view from a high-floor Vita on the Lake sold condo
High-floor south-facing lake / skyline context
615 square foot one-bedroom-plus-den Vita on the Lake floor plan from a sold listing
615 ft² 1BR+den floor-plan example

REALM listing photography / floor-plan material from MLS® W12447906, W12833582 and W12891372; source brokerage watermarks preserved. Images are descriptive context, not proof of market performance.

Lake Ontario waterfront context near Vita on the Lake in Humber Bay Shores

Humber Bay Shores context

The waterfront is here now; Park Lawn GO is still future planning context.

70 Annie Craig sits inside the Humber Bay Shores waterfront cluster near the Martin Goodman Trail, Humber Bay parks and Lake Ontario. Those are present-day location attributes.

Park Lawn GO should be treated differently. City material in 2026 continues to describe it as a planned station, and in July City Council asked the Province, Metrolinx and City officials to form a working group to examine ways to advance the station and other Humber Bay Shores transit improvements. Do not price a Vita unit as if that station is already operating.

For unit selection, the durable comparison is still exact area, layout, floor, exposure, view corridor, parking, locker, condition and carrying cost.

Buyer / owner due diligence

How I would compare two Vita units.

1. Start with the repeated product. A 1BR+den / 600-699 sq. ft. suite has a much deeper same-building resale set here than a larger 2BR.

2. Match exact reported area, floor and exposure. Even within one reported size band, the verified sheets range across different exact areas and view corridors.

3. Separate parking and locker value. Most matched sales include one parking space, but not every unit is identical; verify legal ownership and storage.

4. Normalize maintenance, then read the current documents. Historical fee-per-square-foot is a useful screen, not a substitute for the current budget, reserve fund, insurance, litigation and special-assessment review.

5. Treat view language as evidence to inspect. High-floor south / southeast examples can have broad lake and skyline sightlines, while other exposures differ materially.

Methodology

How this Vita on the Lake analysis was built.

1. Scope. I reused the reconciled REALM/PropTx Mimico acquisition and isolated sold Condo Apt records at 70 Annie Craig Drive. The comparison uses the same January 1-September 20 window in 2025 and 2026 and keeps Apartment / 1 Storey-Apt styles.

2. Full-sheet verification. I re-opened all 28 broker full sheets and verified MLS, sold price/date, DOM, bedroom/den configuration, reported size, exact finished area when populated, maintenance, exposure, parking, corporation field and remarks.

3. Matched-product control. Common bedroom × reported-size strata are compared by median sold price. Each stratum is weighted by the smaller year count and combined with a weighted geometric mean. Bedroom+den+size gives the same common cells in this sample.

4. Uncertainty. A deterministic bootstrap of the matched estimator produced a 95% range of roughly -10.8% to -5.3%. That strengthens the historical sample interpretation, but it does not convert building-level evidence into a unit appraisal or future forecast.

5. Exact-area / fee sensitivity. Exact-area pricing uses the full-sheet finished-area field. One 2025 sale has no populated exact area. One 2026 full sheet explicitly reports maintenance of $1; that record is excluded from fee normalization rather than imputed.

Sources & verification

Transaction evidence first; public sources for building and planning context.

FAQ

Questions buyers and owners ask about Vita on the Lake.

What did condos at Vita on the Lake sell for in 2026?

From January 1 through September 20, 2026, I verified 15 sold Condo Apt records at 70 Annie Craig Drive. Their raw median sold price was $575,000 and median days on market was 37. These are building-level resale observations, not a valuation of a specific unit.

Did Vita on the Lake resale prices move lower in 2026?

In the matched Jan. 1-Sep. 20 sample, the raw median was 8.0% lower, bedroom + reported-size matching pointed about 9.3% lower, and exact-area median sold price per reported square foot was about 6.4% lower. The main repeated 1-bedroom-plus-den / 600-699 sq. ft. cell also moved from $625,000 to $575,000. Those aligned checks strengthen the historical building-level signal, but they still do not substitute for a unit-specific appraisal.

What was Vita on the Lake price per square foot in the sample?

Among sales with a usable exact reported finished area, median sold price was about $962 per square foot in 2025 and $900 in 2026. Exact-area samples were 12 and 15 sales respectively. The median exact reported size also changed from 650 to 615 square feet, so $/ft² remains a sensitivity rather than a pure price index.

What were maintenance fees at Vita on the Lake?

Median historical listing-reported maintenance worked out to about $0.729 per exact reported square foot per month in 2025 and $0.738 in 2026, roughly 1.2% higher. One 2026 broker sheet literally reports maintenance of $1 and is excluded from the fee-per-square-foot calculation rather than corrected. Current fees and inclusions must be verified for the specific unit and status certificate.

What condominium corporation is 70 Annie Craig Drive?

The verified full-sheet set overwhelmingly reconciles Vita on the Lake to condominium corporation number 2908, commonly entered as TSCC 2908. Broker data contains several prefix-entry typos and one 2025 sheet that says 2098 despite the Vita building name and 70 Annie Craig address; those raw anomalies are preserved in the research record rather than silently overwritten.

Did every Vita on the Lake condo lose about 9.3% of its value in 2026?

No. Vita's historical bedroom-and-reported-size matched sample screened about 9.3% lower, with a substantial repeated one-bedroom-plus-den group; the raw median was about 8% lower. The exact floor, exposure, views, condition, current fees and like-for-like competition must still be assessed for any individual 70 Annie Craig suite.

Unit-level Vita analysis

Comparing a condo at 70 Annie Craig?

Send me the listing or unit number. I can narrow the evidence to the closest Vita solds by exact area, bedroom/den layout, floor, exposure, view, parking, locker, condition and current condo documents instead of relying on one building median.

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