2801 - 8 Cumberland Street

Annex, Toronto

2801 - 8 Cumberland Street, Annex, Toronto

$499,998

Bedrooms: 1

Bathrooms: 1

About this Condo

in Annex, Toronto

Experience urban living at its finest in this brand new, never-lived-in 1-bedroom, 1-bathroom condominium in the heart of Yorkville, Toronto's most coveted neighbourhood! This stylish modern suite features soaring 10-foot smooth ceilings, floor-to-ceiling windows, engineered hardwood flooring throughout, a spacious bedroom with a double closet, and a sleek contemporary kitchen complete with stainless steel appliances and elegant stone countertops. Enjoy spectacular city views, along with the convenience of ensuite laundry and high-speed internet. Residents have access to an impressive collection of premium amenities, including a fitness centre, yoga studio, steam room, business centre, party room, pet spa, outdoor garden, concierge service, and more. Ideally located with a perfect 100 Walk Score and Transit Score, you're just steps from Toronto's finest shopping, Eataly, renowned restaurants, cafés, and entertainment. This exceptional residence offers the perfect blend of luxury, comfort, and convenience in one of Toronto's most vibrant and desirable neighbourhoods. Whether you're a first-time buyer or an investor, this is an incredible opportunity you won't want to miss!

Listed by ROYAL LEPAGE SIGNATURE 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:
Monthly P&I:
* This material is for informational purposes only.

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