505 - 88 Cumberland Street

Annex, Toronto

505 - 88 Cumberland Street, Annex, Toronto

$739,000


Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $1,478.00


About this Condo

in Annex, Toronto

An exceptionally renovated residence in the heart of Yorkville, this bespoke suite at Minto Yorkville Park offers a rare blend of design, functionality, and luxury craftsmanship. Every inch has been thoughtfully reimagined with high-end finishes and custom millwork to maximize both beauty and livability.The space features custom-built closets and transformative millwork (2023) that seamlessly convert from office to wardrobe and shoe storage, paired with a premium imported Italian Murphy bed to optimize open living space. Oversized imported porcelain tile flows throughout, including striking 9-foot slab feature walls, accent mirrors, and a marble sconce at the entry. A fully integrated LED lighting plan includes under-cabinet kitchen lighting and illuminated shower features.The custom-designed kitchen is a true statement, featuring leather-wrapped fridge and freezer panels, mirrored and porcelain-wrapped upper cabinetry, brushed gold fixtures, marble accents, under-counter kick drawers, and a Fisher & Paykel dishwasher drawer. The spa-inspired bathroom showcases a custom vanity with a marble sink, an extra-deep medicine cabinet, marble shower inlay, and tinted glass enclosure.Additional highlights include a brilliant smart lighting system with built-in Sonos speakers, a dramatic star ceiling with multi-colour light options, custom plaster ceiling details with two-toned mirrored finishes, remote-controlled blackout blinds, and a custom laundry closet with shelving and LG ventless washer/dryer. Comfort is enhanced with an upgraded digital thermostat from the HVAC manufacturer.Includes a large conveniently located storage locker on the 5th floor, just steps from the unit. This is a truly turnkey, design-forward home for the buyer who appreciates uncompromising quality in one of Toronto's most prestigious neighbourhoods.

Listed by SUTTON GROUP-ADMIRAL REALTY INC..


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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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