5104 - 8 Cumberland Street

Annex, Toronto

5104 - 8 Cumberland Street, Annex, Toronto

$1,875,000


Bedrooms: 2

Bathrooms: 2

Living Area: 1,200 sqft

Price Per Sqft: $1,562.50


About this Condo

in Annex, Toronto

Welcome to 8 Cumberland, a prestigious Yorkville address where luxury, sophistication and breathtaking views come together. Pristine, never before lived in, penthouse, this spectacular 51st-floor corner property offers 1,280 square feet of beautifully designed open-concept living, soaring 11-foot ceilings and extraordinary, uninterrupted Southeast panoramic views. From virtually every room, enjoy an ever-changing backdrop from sunrise to sunset, stretching from the treetops of Rosedale to the downtown skyline and Lake Ontario, as far as the eye can see. The chef-inspired kitchen features a full suite of premium Miele appliances and flows seamlessly into the living and dining areas, creating an inviting space for both everyday living and entertaining. The thoughtfully designed layout features two spacious bedrooms, both with walk-in closets, including a luxurious primary retreat, two beautifully appointed bathrooms, and a stunning den/office that could easily be converted into a third bedroom. Step outside to your private balcony and take in the sweeping views high above the city. The location is exceptional. At the corner of Cumberland and Yonge, you are steps from the very best of Yorkville, including world-class shopping, exceptional dining, Whole Foods, galleries, cafés and entertainment. Nearby Summerhill, Rosedale and the Don Valley Parkway provide effortless access to everything Toronto has to offer.Complete with one extra-large parking space and two lockers, this is a rare opportunity to experience elevated penthouse living in one of Toronto's most coveted neighbourhoods. Come for the views. Stay for the lifestyle. You may never want to leave

Listed by PROPERTY.CA 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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