2313 - 188 Cumberland Street

Annex, Toronto

2313 - 188 Cumberland Street, Annex, Toronto

$499,800


Bedrooms: 1

Bathrooms: 1


About this Condo

in Annex, Toronto

PRESTIGOUS DOWNTOWN YORKVILLE LOCATION TO ITS BEST, AT THE CORNER OF AVENUE ROAD AND CUMBERLAND STREET. ICONIC AND NEWER STYLISH LUXURY BUILDING SURROUNDED BY UPSCALES RESTAURANTS/INTERNATIONAL BRAND NAME FLAGSHIP STORES, NEIGHBOURING WITH GRAND HYATT, HAZELTON AND FOUR SEASONS HOTEL, THE ROM, AND UNIVERSITY OF TORONTO. IN THE AREA WHERE LUXURY MEETS CULTURE. CONVENIENTLY LOCATED WITHIN 3 MINS WALK TO THE BAY AND 5 MINS WALK TO THE MUSEUM SUBWAY STATION THAT SEAMLESSLY CONNECT TO ALL PARTS OF THE CITY. WORLD CLASSED RECREATION FACILITIES INCLUDE INDOOR SWIMMING POOL, WELL EQUIPPED GYM, PARTY/ENTERTAINMENT/DINING ROOM, ROOFTOP GARDEN WITH BBQ, BOARDROOM, GUEST SUITES AND 24 HOURS CONCIERGE. THIS IS A TRUE ONE BEDROOM SUITE IS ON A HIGH LEVEL, WELL DESIGNED, COZY & BRIGHT, IN NEUTURAL DECOR. EXCELLENT OPPORTUNITY FOR THE STARTERS TO OWN IN THIS DREAM LOCATION AND ALSO FOR THOSE WHO ARE LOOKING FOR A PIED-A TERRE.

Listed by CENTURY 21 HERITAGE GROUP LTD..


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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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