1806 - 188 Cumberland Street

Annex, Toronto

1806 - 188 Cumberland Street, Annex, Toronto

$495,000


Bedrooms: 1

Bathrooms: 1


About this Condo

in Annex, Toronto

The Cumberland Tower is a luxury condo in the heart of Toronto's most prestigious and vibrant neighbourhood of Yorkville at Avenue Road and Cumberland Street. It offers hotel-style amenities with an indoor swimming pool, hot tub, sauna, guest suite, party room, rooftop garden with BBQ, and state-of-the-art fitness, 24-hour concierge and more. With an exceptional Transit Score, three subways nearby, Rom, University of Toronto and premier shopping and dining at your doorsteps. This well-kept one-bedroom unit is 455 square feet with an open concept layout facing south with ample sunlight. Floor-to-ceiling window, laminate plank floor and built-in Miele appliances, ideal for a first-time home buyer, retiree, professional or investor. One locker is included, and the maintenance fee includes Roger's internet. Show 10+++

Listed by ROYAL LEPAGE CREDIT VALLEY REAL ESTATE.


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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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