408 - 88 Cumberland Street

Annex, Toronto

408 - 88 Cumberland Street, Annex, Toronto

$699,000


Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $1,398.00


About this Condo

in Annex, Toronto

There are addresses in Toronto that don't need an introduction.88 Cumberland Street is one of them. Yorkville has a quality of life that's genuinely difficult to replicate anywhere else in the city, and this building sits in the middle of it rather than on the edges of it. That distinction matters more than it sounds when it becomes your daily life.The unit is a one-bedroom plus den - just over the threshold where Toronto condos start to feel like homes rather than compromises. The kitchen is the kind you actually use - stone island, built-in appliances, finishes that were chosen with intention. Hardwood throughout. A bedroom with a walk-in closet that earns the description. A balcony that gives you the city at a comfortable distance - mid-floor, settled, neither too close nor too removed.The den is worth mentioning specifically. Not a nook. Not a converted corner. A proper separate space with a door. In a one-bedroom condo in Toronto that is not a minor detail - it's the difference between a home office and a desk in the corner of your living room. For someone whose work follows them home, that door changes the quality of everything on both sides of it.Step onto the balcony and the city sits at exactly the right distance. Mid-floor - high enough to feel elevated, close enough to feel connected. The balanced view of a building that knows where it stands.Outside, Cumberland does the rest. Hermes around the corner. Eataly, Sassafraz, Sotto Sotto - all of it within the kind of walk that feels like a choice rather than a commute. Bloor-Yonge at your doorstep. The ROM two minutes west. The Mink Mile one street south. And beneath it all - the quiet confidence of a neighbourhood that has never needed to explain itself to anyone. A well-built unit in a well-regarded building on one of Toronto's best streets.

Listed by RIGHT AT HOME REALTY.


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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:
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* This material is for informational purposes only.

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