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 $996,000 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.
Best value and best views in the building-must see! Prestigious Cumberland Tower in Bloor-Yorkville. Bright southwest corner 2-bedroom + den with a functional split layout, floor-to-ceiling windows, and stunning views of Queen's Park, CN Tower, and skyline. Modern kitchen with integrated appliances, stone countertops, and breakfast bar. High ceilings, open-concept living/dining, and laminate flooring throughout. Well-maintained unit with valet parking included.Steps to U of T, subway, luxury shopping, top restaurants, ROM, and premium grocers. Enjoy world-class amenities including indoor pool and gym. Ideal for end-users or investors.
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Arts Centre, Clear View, Hospital, Library, Place Of Worship
Air Exchanger, Carpet Free, Built-In Oven
Carbon Monoxide Detectors, Concierge/Security, Security System, Smoke Detector
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 188 Cumberland Street 2210, Toronto C02, ON M5R 0B6
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 $996,000 in Toronto, the legal minimum down payment is $74,600 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 $16,395 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,395 also applies, bringing the total estimated land transfer taxes to $32,790.
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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.