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Welcome to this remarkable Multi-Level condo apartment located in the coveted neighborhood of Annex. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $958,000 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.
Welcome Home To This Modern Condo On Cumberland Street In The Heart Of Yorkville! 798 Square Feet! Occupied By The Owner And Close At Any Time! Corner Unit With Amazing View! 10ft Ceiling With Floor To Ceiling Windows. Bright Open-Concept Living Space With Modern Engineered Hardwood Floors Throughout. More than 20K On Upgrades: Modern Kitchen With Caesarstone Countertop, Backsplash And Gloss Wood Cabinets. Upgraded Two Bathrooms With Gloss Cabinets, Caesarstone Countertop, Warm Grey Glossy Wall Tile, Glass Sliding Doors And Mirror Medicine Cabinet With Integrated LED Lighting. Customized Window Coverings Throughout. Walking Distance to U of T And Easy Access To High-end Shopping, And Gourmet Dining. Close To The Don Valley Parkway, The Gardiner Expressway & 401. Steps To Subway Station, Schools, Library, Art Galleries & Museums. Building Amenities Include Gym, Study Room, Outdoor Garden. All Utilities And Bell Internet Are Included In The Maintenance Fee Except Hydro. 1 Underground Parking!
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Data-driven valuation for 8 Cumberland Street 2006, Toronto C02, ON M4W 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 $958,000 in Toronto, the legal minimum down payment is $70,800 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 $15,635 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,635 also applies, bringing the total estimated land transfer taxes to $31,270.
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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.