Vita Two, 65 Annie Craig Dr: The Smaller Mattamy Tower With a Pool

Vita Two is the building I suggest to buyers who like Humber Bay Shores but not the idea of sharing elevators with 500 other households. It is the short, 16-storey sibling of Vita on the Lake, with an indoor pool, 9 and 10 foot ceilings and some genuinely large terrace suites. The catch is the fee, and I will walk you through it. I’m Jatin Dua, RE/MAX Quantum Realty.

The second, shorter phase of Vita

Mattamy Homes and Biddington Group launched Vita Two in 2017 as the second phase of Vita on the Lake. The first phase is a 53-storey tower with 489 suites. Vita Two is 16 storeys along Annie Craig Drive with 169 suites, which brought the combined total to 658.

UrbanToronto noted that the pairing follows the pattern of the same partners’ nearby Lago and Riva del Lago: a taller tower to the north and a shorter building to the south. Graziani + Corazza Architects designed both phases, so the two buildings read as a set.

They are separate condominium corporations. Vita Two is TSCC-2930 and Vita on the Lake is TSCC-2908. That means separate budgets, separate reserve funds and, as I explain below, different fee inclusions. When you compare the two buildings, compare the corporations, not just the suites.

Larger suites, higher ceilings and real terraces

At launch, suites ran from roughly 480 to just over 2,070 square feet, in one- to three-bedroom plans, with 9 or 10 foot ceilings. Condos.ca lists the range as about 640 to 2,073 square feet, which suggests the smallest plans are rarely what comes up on resale.

The plan mix is what sets this building apart. The launch layouts included two-bedroom suites of about 1,000 square feet with a terrace off both the living room and the primary bedroom, and corner two-bedrooms of about 1,250 square feet with two-sided wraparound terraces. In a 53-storey tower next door, outdoor space is mostly a balcony; here it can be a real room.

South-facing suites look toward the lake, while north, west and east exposures look back over the Humber Bay Shores towers. At 16 storeys, you are not getting the high skyline views of the taller tower, so pay for terrace size and layout rather than height. The same logic applies to resale: a large terrace suite is scarce in this neighbourhood, and it tends to hold buyer interest better than a standard one-bedroom.

An amenity package that is big for 169 suites

UrbanToronto’s launch coverage listed an indoor pool, a 24-hour concierge, a party room, a fitness room, a guest suite and a pet spa. Condos.ca confirms a concierge, gym, indoor pool and party room. An indoor pool in a building this size is uncommon.

The upside is that you share those amenities with far fewer people than in the big towers around you. The downside is that fewer owners split the cost of running them, and pools are expensive to heat, staff and eventually rebuild. That is part of why the fee here is higher than its sibling’s. When you read the budget, look at the line items for pool maintenance, utilities and staffing, and compare them with the reserve fund contribution. A healthy budget funds the reserve properly rather than keeping the fee low today.

A pet spa is an amenity, not a policy. If you have a large dog or more than one pet, read the declaration and rules for any limits before you firm up.

Daily life on Annie Craig Drive

The building sits at the lake end of Humber Bay Shores, close to Humber Bay Park and the waterfront trail. If you run, cycle or walk a dog every day, that matters more than any amenity list.

The neighbourhood is dense, with many towers sharing a small road network that feeds onto Lake Shore Boulevard and the Gardiner. A 16-storey building means less waiting for elevators, but it does not change the traffic outside. Drive the route you would use at rush hour before you buy.

The lands around Park Lawn Road to the north are planned for major redevelopment. Over time that should bring more shops and services within walking distance, along with more people and construction in the meantime. For an owner planning to stay ten years, that change is mostly upside; for the next two or three years, expect cranes and detours nearby.

Pricing and the fee question

Condos.ca puts the building average at about $893 per square foot, close to Vita on the Lake’s roughly $905. You are getting larger plans and ceilings of 9 to 10 feet for about the same price per square foot as the taller tower.

Fees on the active listings I reviewed worked out to about $1.04 per square foot. That is high for a 2022 building. Condos.ca lists only common elements, building insurance and water as included, while Vita on the Lake lists heat and air conditioning as well. If both listings are right, Vita Two costs more per square foot each month and you still pay your own heating and cooling.

When I checked, three suites were for sale and two were for rent. Asking prices ranged from about $475,000 to just under $700,000 across one-bedroom, one-plus-den and two-bedroom suites. With so few listings, there is not much to compare against, so look at recent sales in both Vita buildings and in Lago and Riva del Lago before you offer.

Building specifications

Amenities at Vita Two

For 169 suites, this is a generous package, with an indoor pool and a guest suite that most small buildings skip. The trade-off is that a small number of owners carry the running costs, which shows up in the fee.

Jatin’s honest take on Vita Two

Vita Two — frequently asked questions

Looking at Humber Bay Shores, Mimico, the Queensway and central Etobicoke more broadly? Start with my Toronto community guide — the neighbourhoods, what each pocket is like, and how they compare.