604 - 188 Cumberland Street

Annex, Toronto

604 - 188 Cumberland Street, Annex, Toronto

$1,098,000


Bedrooms: 2

Bathrooms: 2

Living Area: 800 sqft

Price Per Sqft: $1,372.50


About this Condo

in Annex, Toronto

Experience luxurious urban living at its finest in this distinguished address, nestled in the vibrant heart of Yorkville. This bright and spacious south/west corner suite offers a generous 855 square feet of meticulously designed interior living space.Step inside to discover a desirable floor plan featuring two bedrooms plus a versatile den, perfect for a home office or additional living area. The suite boasts two full bathrooms, floor-to-ceiling windows that flood the space with natural light, and sleek modern finishes throughout, creating an ambiance of sophisticated elegance. For ultimate convenience, all furniture is included, making this a truly move-in ready residence.The gorgeous kitchen is a culinary enthusiast's dream, equipped with integrated Miele appliances, a large island perfect for entertaining, and exquisite quartz counters. The primary bedroom is a serene retreat, offering a walk-in closet with a custom organizer for optimal storage, a luxurious four-piece ensuite bathroom, and more floor-to-ceiling windows providing stunning views.Cumberland Tower Condos elevates the living experience with its state-of-the-art amenities. Residents enjoy the peace of mind offered by a 24-hour concierge service, along with access to an impressive indoor lap pool and hot tub, a relaxing poolside lounge, a serene rooftop garden, a dedicated meditation studio, and a fully equipped fitness room.The unbeatable location of this property combines unparalleled convenience with tranquility. Situated just steps away from world-renowned establishments like the Four Seasons and Hazelton Hotel, it also offers easy access to the University of Toronto, Whole Foods for gourmet groceries, fabulous dining options, and readily available public transit. This exceptional property truly offers the best of Yorkville living.

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA.


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
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First Mortgage:
CMHC Prem.:
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* This material is for informational purposes only.

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