3506 - 8 Cumberland Street

Annex, Toronto

3506 - 8 Cumberland Street, Annex, Toronto

$1,500,000


Bedrooms: 2

Bathrooms: 2

Living Area: 1,000 sqft

Price Per Sqft: $1,500.00


About this Condo

in Annex, Toronto

Fabulous 2023 Built - condo by Great Gulf and Phantom Developments in the heart of Yorkville!! South east corner unit, Split 2 bedrooms and den. 2 full bathrooms, Custom Built 3x8 Foot Island suitable to sit 10 people. Open concept kitchen, dining and living room. Spectacular East Unobstructed views. Balcony. Beautiful laminate floors. Quartz counters. Floor to ceiling windows. Wonderful amenities: yoga room, lounge/bar, outdoor terrace and BBQ, pet spa, state of the art gym, 24 hour concierge. Steps to TTC, great shops, restaurants, cafes, Yorkville Village, Eataly and all you need and desire!! Move right in!! **EXTRAS** Great full size parking spot close to the elevator. Maintenance fee includes basic internet with Bell.

Listed by RE/MAX PREMIER INC..


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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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