709 - 188 Cumberland Street
Annex, Toronto
$499,000
Bedrooms: 1
Bathrooms: 1
About this Condo
in Annex, Toronto
Welcome to Cumberland Towers in Yorkville - Toronto's most prestigious and vibrant community. This residence defines modern elegance with 9 foot smooth ceilings and expansive floor-to-ceiling windows that bathe the space in natural light. The kitchen features custom cabinetry and fully integrated Miele appliances. Indulge in five-star building amenities, including a 24 hours concierge, fully equipped fitness room, serene indoor lap pool, meditation studio, and a lush rooftop garden. Located just steps from the designer flagship stores, fine dining, the University of Toronto, galleries, entertainment, TTC, Subway and more! This is a prime opportunity for those seeking a prestigious urban lifestyle; ideal for the working professional, first time homebuyer and investor! Well loved by owner who enjoyed living there the past 5 years.
Listed by ROYAL LEPAGE TERREQUITY REALTY.
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| 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
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| * This material is for informational purposes only. | |||
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