8 Cumberland Street, Toronto, ON
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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 $629,990 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 0-499 sqft
- 0.0 total parking spaces available
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 8 Cumberland, a stunning address nestled in the heart of the prestigious Yorkville community. This spacious and sunlit 1-bedroom unit offers 468 square feet of luxurious living space 10' Ceiling with breathtaking north-facing views. Located within a striking 51-storey high-rise, this modern condo embodies urban living at its finest, situated at the iconic intersection of Cumberland and Yonge. With an unbeatable walk and transit score, you're just steps away from world-class shopping, dining, and entertainment. Conveniently connected to the Don Valley Parkway and Gardiner Expressway, the city's best is always within reach. The open-concept layout invites you to enjoy panoramic city vistas, while the chef-inspired kitchen, featuring sleek cabinetry, quartz countertops, and high-end stainless-steel appliances, is perfect for culinary enthusiasts. Every moment at 8 Cumberland feels like home.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 8 Cumberland Street 4401, Toronto C02, ON M4W 0B6
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 $629,990 in Toronto, the legal minimum down payment is $37,999 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 $9,075 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,075 also applies, bringing the total estimated land transfer taxes to $18,150.
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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.
