MDMoh DianMohammad Hassan Mohammadian · Realtor®
Menu
Plan your move↗
Original conceptual illustrated waterfront high-rise and lake, not an image of Water’s Edge at the Cove

Humber Bay Shores / 38 Annie Craig Drive · 2026 broker evidence

Two Water’s Edge condos sold for $560K. One had 86 more square feet.

What would you choose: a bigger den layout, a different floor and outlook—or a true two-bedroom? Three verified sales make the questions clearer, not the answer automatic.

56-storey building3 selected September 2026 sold-status casesResearch cutoff: October 15

Original waterfront illustration · Not a photograph or architectural depiction of 38 Annie Craig Drive

The decision behind the headline

The same price does not buy the same home.

Imagine standing inside two one-bedroom-plus-den homes at Water’s Edge, 38 Annie Craig Drive. The advertised configurations sound similar. And two verified September 2026 MLS sold-status records show the same $560,000 sale price. Yet one reported 542 builder square feet, the other 628—an 86-foot difference.

You might immediately prefer the bigger one. But the homes had different recorded exposures, were on different floors, and may differ in natural light, real views, usable den shape and condition. Their historical maintenance fees also differed. This hypothetical viewing scenario is illustrative; the three transactions are genuine.

A third two-bedroom sold-status record, at $565,000, adds an equally useful question: does a labelled second bedroom actually work for your daily life?

The same $560,000 · two different 1BR + den homes

86 more reported square feet. Same sold price. Different monthly fees.

Sale A · Builder-reported interior628 ft²

SE exposure · $457.63 historical monthly maintenance

Sale B · Builder-reported interior542 ft²

E exposure · $412.00 historical monthly maintenance

Both recorded September sold prices$560K

Different floors; condition and actual sightlines not verified

Dividing sold price by builder-reported size gives approximately $892/ft² for the 628-foot home and $1,033/ft² for the 542-foot home. That is a descriptive ratio for two different units, not proof of a floor/view premium, a valuation gap or investment return.

Know the address before comparing

Water’s Edge is not the same condo as Cove at Waterways.

The developer describes Water’s Edge as a 56-storey waterfront condominium. It sits at 38 Annie Craig Drive. Cove at Waterways, 39 Annie Craig Drive, is a separate neighbouring building with its own market and corporation records.

38

Water’s Edge at the Cove · Annie Craig Drive

The taller tower, with its own suite mix

Two of our three reviewed sold sheets report TSCC 3193. One broker sheet records the corporation as missing—so we do not pretend all three documents independently confirm it.

Check: Floor, exposure, exact view, room and balcony dimensions, current fee and legal unit information.

39

Cove at Waterways · Annie Craig Drive

The separate lower-rise neighbour

Its existing MohDian guide examined an independent TSCC 2830 matched-window cohort. Those transactions are useful neighbourhood context but are not automatic same-building comparables for Water’s Edge.

Check: Building form, amenity and elevator access, floor, age, fee inclusions, reserve fund and current competition.

Explore the separate Cove guide →

The building information is sourced from the developer and public directories, and marketing materials can be outdated. Verify present-day occupancy, amenities and condominium corporation details independently.

REALM / PropTx · Selected September 2026 sold-status full sheets

Three recorded sales. What each one can teach a buyer.

Every case below comes from a saved broker full sheet, with the recorded sale price, original and final asking, builder area, days on market, exposure and historical maintenance checked. The results are anonymized; open any card for the evidence.

38 Annie Craig · September 2026MLS status: Sold

1 bedroom + den, 1 bathroom

628 builder ft²

Bigger den layout, same $560K result

Reveal sale price and carrying-cost facts
MLS recorded sold price
$560,000
Last asking price
$599,900
Original asking on same MLS listing
$599,900
Recorded sold versus last asking
−$39,900 (-6.65%)
Recorded listing DOM
37 days
Builder-reported area source
Builder (broker full sheet)
Listing-reported exposure
SE
Historical monthly maintenance
$457.63
Maintenance per builder ft² / month
$0.73
Recorded parking / locker
1 space / owned
Corporation field on this MLS sheet
Not stated in this broker full sheet

The $560,000 total price matches another one-bedroom-plus-den example even though this suite had 86 more builder-reported square feet. The south-east listing exposure and the other sale’s east exposure differ, as do floors and unknown condition. It is not a controlled value comparison.

38 Annie Craig · September 2026MLS status: Sold

1 bedroom + den, 1 bathroom

542 builder ft²

Smaller layout, same $560K result

Reveal sale price and carrying-cost facts
MLS recorded sold price
$560,000
Last asking price
$589,000
Original asking on same MLS listing
$589,000
Recorded sold versus last asking
−$29,000 (-4.92%)
Recorded listing DOM
29 days
Builder-reported area source
Builder (broker full sheet)
Listing-reported exposure
E
Historical monthly maintenance
$412
Maintenance per builder ft² / month
$0.76
Recorded parking / locker
1 space / owned
Corporation field on this MLS sheet
TSCC 3193

The same $560,000 recorded sale price applies to this smaller east-facing, one-bedroom-plus-den home. The lower monthly maintenance amount does not mean a lower maintenance rate per reported square foot.

38 Annie Craig · September 2026MLS status: Sold

2 bedrooms, 1 bathroom

642 builder ft²

A nominal two-bedroom for $5K more

Reveal sale price and carrying-cost facts
MLS recorded sold price
$565,000
Last asking price
$579,900
Original asking on same MLS listing
$579,900
Recorded sold versus last asking
−$14,900 (-2.57%)
Recorded listing DOM
55 days
Builder-reported area source
Builder (broker full sheet)
Listing-reported exposure
SW
Historical monthly maintenance
$467
Maintenance per builder ft² / month
$0.73
Recorded parking / locker
1 space / owned
Corporation field on this MLS sheet
TSCC 3193

The two-bedroom sold-status example is just $5,000 above each selected one-bedroom-plus-den sale—but a nominal bedroom count or asking-price gap cannot establish equal views, usable second-bedroom dimensions or current value.

These are three selected sold-status examples, NOT a complete September or 2026 sales count, not matched comparable units and not proof that title transfer closed. Two broker sheets show listed closing dates after the October 15 research cutoff. The REALM historical availability-date field showed an invalid value, so the search cannot support an exhaustive cohort claim. Brokerage source identifiers and full sheets remain private.

Ownership budget, not just purchase price

Would the larger suite change your true monthly budget?

In these selected September sales, the broker listings reported monthly maintenance of $457.63 at 628 ft², $412 at 542 ft² and $467 at 642 ft². That is about $0.73–$0.76 per builder-reported square foot per month—a limited historical three-unit observation, not today’s building-wide rate.

What the fee does not tell you

The developer’s original sales materials describe common facilities and certain fee inclusions, but these are not proof of current access or your unit’s utilities. Verify today’s fee breakdown, amenity rights, parking/locker ownership and status certificate.

Beware the $0 tax field

Each of the three saved sold listings displayed a zero property-tax field. Treat that as unverified, not a tax exemption or ownership cost. Confirm the municipal tax account and assessment for the exact legal property.

Plan for the closing, not just the offer

Compare mortgage carrying cost, condo fees, taxes, electricity, insurance, internet, land transfer tax, adjustments and legal costs. If the deal is still awaiting closing, your financing and legal diligence matter even after a listing changes to sold.

A buyer-ready inspection plan

Seven checks before making an offer at 38 Annie Craig

Use these yourself. The evidence above is free; there is no inquiry requirement to see a real sale price.

  1. Check your actual floor plan: can the den fit a desk or guest bed, and is that room legally a bedroom?
  2. Compare the real window outlook: a high floor or a “waterfront” address does not guarantee the view you want.
  3. Separate the two addresses: 38 Water’s Edge and 39 Cove are different buildings and resale pools.
  4. Verify the true annual costs: current fees, included utilities, property taxes and any assessment—not the old $0 tax placeholder.
  5. Read the status certificate: current corporation identity, budget, reserve fund, rules, insurance, fees and known legal matters.
  6. Confirm the actual property rights: deeded or exclusive-use parking and locker, exclusions and unit boundaries.
  7. Inspect the full sale history: original versus final asking, prior relistings, live competing units, exact exposure, floor and condition.

How these real cases were researched

Truthful cases—not a building price trend.

On October 16, I read three separately reopened REALM / PropTx broker full sheets associated with September 2026 Sold status at exactly 38 Annie Craig Drive. The source comparison uses sold-status price, original and final asking fields, DOM, builder-reported area, recorded exposure, parking, locker and listing maintenance as recorded. It excludes rentals, active prices, unrelated towers and any unsupported causal explanation.

The search's historical unavailable-date control displayed an invalid value. Therefore this is a deliberate selection of verified cases—not a census or evidence of a year-over-year increase, decline or reliable same-unit value. The three recorded sold dates precede October 15, but two listed future closing dates do not establish completed title transfer. Condition and earlier relistings were not independently inspected.

Only two of the three broker sheets contain the TSCC 3193 corporation number; one is blank. Builder area is not an independent measurement. All three tax fields show $0 without an actual tax-bill verification, and current fee inclusions remain unverified. For real purchase decisions, reconcile today's MLS, legal description and status certificate with a lawyer.

Source: licensed REALTOR access to REALM / PropTx. Examples are educational, anonymized historical broker observations, not a live MLS inventory, representation of another agent's work, appraisal, promise of current offers or financial/legal advice.

Sources and rights

Primary broker evidence. Independently stated context.

Primary price, area, DOM, fee and unit-feature facts: three privately retained and reconciled REALM / PropTx broker sold-status full sheets, source cutoff October 15, 2026. Identifiers and listing photographs are not reproduced.

Conservatory Group — original Water’s Edge building description ↗

Water’s Edge public building reference (address and reported scale) ↗

Cove at Waterways, the separate 39 Annie Craig research →

Hero artwork: original MohDian.ca conceptual waterfront illustration only. It does not reproduce the architectural geometry, physical view or appearance of Water’s Edge.

Common buyer and owner questions

What else should you know about Water’s Edge?

What did condos at Water’s Edge, 38 Annie Craig Drive, sell for in September 2026?

Three selected verified REALM broker full sheets with September 2026 sold dates show $560,000, $560,000 and $565,000. These are not all 2026 transactions or a formal appraisal; earlier/later deals may be missing. MLS sold status is not proof of completed title transfer.

Is Water’s Edge at 38 Annie Craig the same as Cove at Waterways at 39 Annie Craig?

No. Water’s Edge is the 56-storey tower at 38 Annie Craig Drive. Cove at Waterways is the separate smaller-scale building at 39 Annie Craig Drive. Two of the reviewed Water’s Edge sale sheets show TSCC 3193, while a third has an empty corporation field; the separate Cove study identifies TSCC 2830 in ten broker sheets. Do not combine these transaction pools indiscriminately.

Why did two different one-bedroom-plus-den suites sell for the same $560,000?

The reviewed September 2026 sheets report 542 and 628 builder square feet, with different exposure, floor levels, monthly maintenance fees and days on market. We did not verify suite condition, exact window views or every prior relisting. A shared sold price is not evidence that both homes are worth the same today.

Is the 642-square-foot Water’s Edge two-bedroom a bargain at $565,000?

Not enough information to say. One September 2026 two-bedroom sold-status record shows $565,000, only $5,000 more than each selected one-bedroom-plus-den result, but floors, exposures, actual room dimensions, finishes and sale dates differ. The recorded asking-price discount is not proof of value.

What are the maintenance fees at Water’s Edge?

The three selected September 2026 sold listings reported historical monthly fees of $412.00 for 542 builder square feet, $457.63 for 628 square feet, and $467.00 for 642 square feet. Confirm current unit-specific maintenance and included utilities through its budget and status certificate; these are not building-wide quotes.

Do the sold listings prove the property taxes are zero or the building is registered?

No. The three broker full sheets show a $0 Taxes field, which is not a verified property tax bill. The corporation identifier appears as TSCC 3193 in two sheets and as not reported in one. Ask your lawyer to confirm the current legal condominium description, status certificate, taxes, parking and locker ownership and the exact closing status.

Optional local comparison · no sales data behind a form

Considering a particular home at Water’s Edge?

Share the listing or suite number if you want a more precise comparison: real room use, current competing listings, best matching sold cases, monthly costs, ownership rights and actual view. Your question will carry this article as its source into my CRM.

Provide at least one way to reach you.

Prefer to share your full buying criteria? Complete the buyer questionnaire →