409 - 188 Cumberland Street

Annex, Toronto

409 - 188 Cumberland Street, Annex, Toronto

$569,000


Bedrooms: 1

Bathrooms: 1


About this Condo

in Annex, Toronto

Welcome to an elevated standard of luxury living, perfectly sized for a sophisticated urban retreat. This exclusive residence at Cumberland Tower is a glamorous "pied-à-terre" in the heart of Toronto's coveted Yorkville, offering a lifestyle of world-class elegance and convenience with the city's finest attractions just steps away from Toronto's most glamorous and exclusive neighborhood. The interior is a testament to clean and simple design, featuring custom-designed kitchen cabinetry, a sleek stone counter, and a suite of integrated Miele appliances. Soaring 11-foot ceilings and dramatic floor-to-ceiling windows, make the space feel bigger than it is. Cumberland Tower offers an unparalleled suite of amenities designed for a complete lifestyle. You'll have access to an impressive indoor lap pool, a relaxing hot tub, and a chic poolside lounge. Other features include a tranquil rooftop garden for quiet moments, a dedicated meditation studio, and a fully equipped fitness room. All of this is complemented by the security and convenience of a 24-hour concierge service.

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:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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