2801 - 8 Cumberland Street

Annex, Toronto

2801 - 8 Cumberland Street, Annex, Toronto

$624,900


Bedrooms: 1

Bathrooms: 1


About this Condo

in Annex, Toronto

NEVER LIVED IN, BEAUTIFULLY DESIGNED CONDO IN TORONTO'S MOST COVETED URBAN POCKET! Positioned in one of Toronto's most prestigious neighbourhoods, this never-lived-in one-bedroom, one-bathroom condo offers a refined take on city living, where thoughtful design, extensive high-end builder upgrades, and an unbeatable Yorkville address come together. Floor-to-ceiling windows draw in abundant natural light and frame beautiful city views, creating a calm, airy retreat above the energy below. The sleek chef-inspired kitchen showcases quartz countertops, a tiled backsplash, modern cabinetry, and built-in appliances, including a wall oven, cooktop, and built-in microwave, all finished with a clean, streamlined look that feels quietly luxurious. The inviting primary bedroom includes a double closet and is served by a 4-piece bathroom featuring a glass-enclosed tub and shower, and an LED-lit vanity mirror. Residents enjoy access to thoughtfully designed amenities, including a state-of-the-art fitness centre, a rooftop lounge for relaxed evenings, a dog spa and pet washing station, and elegant entertaining spaces. Steps from luxury shopping, high-end boutiques, fine dining and cafés, the Royal Ontario Museum, parks, the University of Toronto, and TTC subway access. Low condo fees add even more value, covering heat, water, high-speed internet, common elements, and building insurance. Ideal for young professionals, fashion lovers, downsizers, investors, or first-time buyers, this #HomeToStay delivers a Yorkville address that feels every bit as elevated as the lifestyle outside your door.

Listed by RE/MAX HALLMARK PEGGY HILL GROUP REALTY.


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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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