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Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Annex. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $1,399,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Renaissance Plaza - Yorkville's Iconic Address! Suite 2207 presents a rare opportunity to create your dream home in one of Toronto's most prestigious residences. Spanning approximately 1,877 sq. ft., this spacious 2-bedroom, 2.5-bathroom suite features an inviting, flexible layout ideal for both daily living and entertaining. The bright living and dining areas are complemented by a generous eat-in kitchen, powder room, and ensuite laundry. Ample storage and unobstructed Northeast views over Yorkville and the treetops of Rosedale enhance the appeal of this exceptional space. Renaissance Plaza offers an unparalleled lifestyle-luxury, privacy, and convenience at the centre of it all. Building amenities include a 24-hour concierge, indoor pool, squash court, sundeck, exercise room, event space, valet parking, and more. This suite is one of 54 units with an Assumption Agreement, which requires Colliers to rent an exclusive parking space at 75% of the regular rate. A unique opportunity awaits to design and personalize this residence to your exact style while enjoying the vibrancy of Yorkville's upscale dining, boutique shopping, and cultural landmarks. Front entrance is currently under construction, no visitor parking temporarily.
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Data-driven valuation for 175 Cumberland Street 2207, Toronto C02, ON M5R 3M9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,399,900 in Toronto, the legal minimum down payment is $279,980 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $24,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $24,473 also applies, bringing the total estimated land transfer taxes to $48,946.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.