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 $615,000 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.
- 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
Experience the ultimate in urban sophistication at 8 Cumberland St, where modern luxury blends seamlessly with cosmopolitan living. This brand-new, never-before-occupied 1-bedroom suite offers the perfect opportunity to call the Bloor-Yorkville neighborhood home. Step outside to enjoy an array of high-end boutiques and fine dining along Yorkville Avenue, indulge in top-tier shopping, or unwind with a peaceful walk through scenic Cumberland Park. With effortless access to public transit and major roads, including Bay Subway Station and Bloor Street, this prime location puts the best of the city at your doorstep.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 8 Cumberland Street 4808, 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 $615,000 in Toronto, the legal minimum down payment is $36,500 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 $8,775 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,775 also applies, bringing the total estimated land transfer taxes to $17,550.
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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.
