1505 - 8 Cumberland Street

Annex, Toronto

1505 - 8 Cumberland Street, Annex, Toronto

$669,000


Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $1,338.00


About this Condo

in Annex, Toronto

Discover elevated city luxury living at 8 Cumberland by Great Gulf. Perfectly positioned in the heart of Yorkville's prestigious enclave. This high-end 1 Bedroom + Den residence boasts a bright and spacious open-concept layout with south exposure, offering panoramic city views. The chef-inspired kitchen features modern cabinetry, quartz countertops, and stainless steel appliances, perfect for culinary enthusiasts. Enjoy the convenience of being steps away from Toronto's exclusive shops, world-class restaurants, and culinary delights. With easy access to major highways including the Don Valley Parkway, Gardiner Expressway, University of Toronto is just minutes away, making it an ideal location for students and professional's. Enjoy exceptional building amenities including a state-of-the-art fitness centre, party/lounge space, outdoor terrace, and more. Experience refined urban living in one of Toronto's most sought-after neighbourhoods!

Listed by CENTURY 21 KING`S QUAY REAL ESTATE INC..


Photo 0 at 1505 - 8 Cumberland Street, Annex, Toronto

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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


     
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Amortization:  
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* This material is for informational purposes only.

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