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.
Active Units
Building Sales History
Oct 2026 — 4 Listed | 0 Sold
29 days on market
MLS® # W13789014
Oct 7, 2026
Price Change
Sep 16, 2026
Listed For Sale
$584,900
8 days on market
MLS® # W13868964
Oct 7, 2026
Price Change
Oct 6, 2026
Listed For Sale
$448,500
9 days on market
MLS® # W13866956
Oct 6, 2026
New
Oct 6, 2026
Listed For Sale
$580,000
26 days on market
MLS® # W13817222
Oct 5, 2026
Price Change
Sep 23, 2026
Listed For Sale
$489,999
Sep 2026 — 6 Listed | 0 Sold
14 days on market
MLS® # W13842558
Sep 30, 2026
New
Sep 30, 2026
Listed For Sale
$480,000
36 days on market
MLS® # W13757108
Sep 26, 2026
Price Change
Sep 8, 2026
Listed For Sale
$449,800
34 days on market
MLS® # W13768866
Sep 10, 2026
New
Sep 10, 2026
Listed For Sale
$649,990
70 days on market
MLS® # W13651426
Sep 9, 2026
New
Aug 7, 2026
Listed For Sale
$1,180,000
58 days on market
MLS® # W13684240
Sep 3, 2026
New
Aug 17, 2026
Listed For Sale
$999,000
41 days on market
MLS® # W13740284
Sep 3, 2026
New
Sep 3, 2026
Listed For Sale
$535,000
Mimico Insights
Sale Price
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