1507 - 80 Cumberland Street

Annex, Toronto

1507 - 80 Cumberland Street, Annex, Toronto

$849,000


Bedrooms: 1

Bathrooms: 2

Living Area: 800 sqft

Price Per Sqft: $1,061.25


About this Condo

in Annex, Toronto

Experience the pinnacle of luxurious Yorkville living in this rarely offered two-storey loft at the prestigious 80 Cumberland. Offering 852 square feet of refined living space, this exclusive boutique residence is known for its quiet and respectful community, attentive management, and prime location in the heart of Yorkville at the corner of Bay & Cumberland. Soaring ceilings and dramatic double-height, floor-to-ceiling windows flood the open-concept living area with natural light. The thoughtfully designed two-storey layout is both functional and elegant. The eat-in kitchen is a chef's delight, featuring granite countertops, stainless steel appliances, and generous storage. Enjoy the rare luxury of not one, but two quiet and private balconies, ideal for morning coffee or evening relaxation. Upstairs, the open and airy primary suite includes a bonus nook perfect for a home office or Peloton setup along with a spacious four-piece ensuite complete with a built-in vanity. Your ensuite laundry is conveniently located on the bedroom level. A spacious den provides flexibility as a second bedroom or home office while two full bathrooms offer added comfort and convenience. Step outside to Toronto's top restaurants and cafés right at your doorstep with luxury shopping in every direction. Commuting is effortless with quick access to the TTC and the PATH just a minute away. Grocery options abound with Whole Foods, Eataly, and City Market nearby. Wellness spaces in every direction with AVANT, Equinox, Othership and top-rated pilates studios and spas within walking distance. Building amenities include a concierge, gym, and large outdoor terrace. One underground parking space and one locker are included. This is a rare opportunity to own a truly special loft in one of Toronto's most prestigious buildings and neighbourhoods.

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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