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Water's Edge at The Cove

38 Annie Craig Dr, Etobicoke

Features

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Price/Sqft Range

466 sqft - 1477 sqft

Avg Price/Sqft

$1,477 / sq. ft.

Completed

Built: 2025

Building Scale

Floors: 56 | Total Units: 602

Building Details

Building Type

High-Rise condo

Property Management

Built in 2025

Date Registered

Jan 1, 2025

Maintenance Fees Include

Air Conditioning

Common Element

Heat

Building Insurance

Water

Description

1 - About Water's Edge at The Cove

  • Address: 38 Annie Craig Dr, Etobicoke
  • Neighbourhood: Mimico, Etobicoke, Toronto
  • Storeys: 56
  • Units: 602
  • Built Year: 2025
  • Builder: The Conservatory Group
  • Building Type: High-Rise condo
  • Suite Sizes: 466 sqft - 1477 sqft
  • Average Price: $1,477 / sq. ft.

2 - Overview of Water's Edge at The Cove

Water's Edge at The Cove is a 56-storey high-rise condominium located in the Mimico-Humber Bay Park area of Etobicoke. Completed in 2025, this tower showcases contemporary glass architecture with a crystal-clear exterior designed to capture and reflect the beauty of Lake Ontario.

The building's design emphasizes transparency and natural light throughout its 602 residential units. Floor-to-ceiling windows and spacious balconies create bright living spaces that take full advantage of the waterfront location. The Conservatory Group selected premium materials to maintain the tower's reflective profile, positioning this 56-storey structure among the distinguished cluster of waterfront developments along Marine Parade Drive and Annie Craig Drive.

3 - Suite Sizes & Value

Residential units at Water's Edge at The Cove range from 466 square feet to 1,477 square feet, accommodating both urban professionals and families seeking spacious waterfront living.

Average Price: $1,477 / sq. ft.

Interior finishes include 9-foot ceilings and premium single plank engineered hardwood or laminate flooring throughout. Kitchens are appointed with quartz or granite countertops, while bathrooms feature large format porcelain tiles for a sophisticated aesthetic.

4 - Building Amenities & Features

  • 24-hour concierge service
  • Indoor pool, hot tub, and cool plunge pool
  • Saunas, massage room, and dedicated yoga studio
  • Fully equipped gym and spin room
  • Outdoor terrace with Lake Ontario views
  • Party room featuring kitchen, bar, and lounge area
  • Guest suites for visitor accommodation
  • Professional pet grooming facility
  • Library room, theatre room, and virtual games room
  • Billiards room, dining room, and office space

5 - Location Highlights

  • Humber Bay Park: Home to the Air India 182 Memorial Sundial and the iconic Humber Bay Park Lighthouse, surrounded by natural woodlands
  • Waterfront Access: Direct proximity to Lake Ontario's shoreline with public beaches, walking paths, and cycling trails ideal for recreation
  • Transit Connectivity: Convenient access to the Gardiner Expressway for efficient commutes to downtown Toronto
  • Neighbourhood: Situated near the Marine Parade Drive waterfront tower community with abundant retail and dining options along Lake Shore Boulevard

6 - Lifestyle Near Water's Edge at The Cove

Residents of Water's Edge at The Cove enjoy a resort-style lifestyle that seamlessly blends waterfront tranquility with urban convenience. The building's location provides immediate access to the extensive Mimico waterfront trail system while maintaining proximity to Toronto's downtown core.

Daily life revolves around stunning lakeside sunsets and year-round outdoor recreation opportunities. The abundance of nearby parks and direct access to Lake Ontario creates a unique living environment where natural beauty meets sophisticated urban amenities in one of Toronto's most desirable waterfront neighbourhoods.

7 - About the Developer

The Conservatory Group brings over 50 years of development expertise to the Greater Toronto Area real estate market. This established firm oversees every aspect of the development process, from initial project conception through to final completion and ongoing community management.

The Conservatory Group's extensive portfolio features high-rise residential developments throughout Toronto, North York, and Mississauga, demonstrating their commitment to creating quality communities across the region's most sought-after locations.


Building Sales History

Apr 2026 — 1 Listed | 0 Sold

7 days on market

MLS® # W12942102

Apr 7, 2026

Terminated

Apr 1, 2026

Listed For Sale

$599,000
Feb 2026 — 1 Listed | 0 Sold

15 days on market

MLS® # W12751476

Feb 17, 2026

Terminated

Feb 3, 2026

Listed For Sale

$619,000

Mimico Insights

growth

Sale Price

Average

Median

Generated based on property type and location. Average values are derived using median calculations.