1913 - 188 Cumberland Street

Annex, Toronto

1913 - 188 Cumberland Street, Annex, Toronto

$490,000


Bedrooms: 1

Bathrooms: 1


About this Condo

in Annex, Toronto

This is Your Ticket to Own A Piece of the Most Exclusive Neighbourhood in the City. A beautifully appointed 1-bedroom suite in the heart of one of Toronto's most prestigious neighbourhoods, it offers elegant finishes, floor-to-ceiling windows, and a functional open-concept layout. Enjoy a sleek modern kitchen with integrated appliances, a spa-inspired bathroom, and a sun-drenched living space that opens to a private balcony with stunning city views. Ideal for professionals, first-time buyers, or investors seeking style and convenience. One of the rare Airbnb-friendly buildings in the city, exceptional opportunity for investors looking to capitalize on strong short-term rental income. Experience boutique residence luxury with top-tier amenities including a 24-hour concierge, fitness centre, yoga studio, party room, and an outdoor terrace with panoramic views. Designed for comfort and sophistication, the building offers a tranquil escape in the middle of the city. Unbeatable location in the heart of Yorkville - steps from world-class shopping, fine dining, art galleries, and the TTC. Walk to the University of Toronto, the ROM, and Queens Park. This is your chance to live in one of Toronto's most coveted and fashionable enclaves.

Listed by REAL BROKER ONTARIO 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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