188 Cumberland Street, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Annex. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $1,526,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 1000-1199 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free, Separate Hydro Meter, Water Meter
- equipped with central air central cooling and highly efficient forced air heating via electric
Description
Luxurious 1 Bedrm+Den(can be second bedroom),1,075Sf Interior+ approx 250Sf Terrace! In A World Class Condo, Cumberland Tower. In The Heart Of Toronto's Coveted Yorkville Neighbourhood. One Of A Kind 11' 6" High Ceiling, 255 S.F. Terrace overlooking Yorkville. Huge 10'8"X7' Walk-In Closet. Den With Upgraded Premium Tempered Glass Sliding Door As Second Room. Minutes Ttc Subway, U Of T, Designer Flag Ship Shops, World Class Restaurants. 10/10 Walk Score. 24-Hr Valet Parking Service Or Direct Park To Parking. Cant be missed!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Carpet Free, Separate Hydro Meter, Water Meter
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Location
Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 188 Cumberland Street 308, Toronto C02, ON M5R 2G3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,526,000 in Toronto, the legal minimum down payment is $305,200 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 $26,995 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,995 also applies, bringing the total estimated land transfer taxes to $53,990.
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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.