$863,990

For sale

#1002 8 Cumberland Street, Toronto (Annex) - Single Family for Sale

#1002 8 Cumberland Street, Toronto (Annex), Ontario, M4W0B6

2 beds2 baths0 parking750 ft²$621/mo condo feeListed 169 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Listed at $863,990, it is attractively priced about 16% below the $1,029,000 median asking price in Toronto.

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Description

Welcome to 8 Cumberland, a stunning address nestled in the heart of the prestigious Yorkville community. This spacious and sunlit 2 Bedroom 2 Bathroom unit offers 717 square feet + Balcony of luxurious living space with breathtaking North West-facing views - Corner unit. Located within a striking 51-storey high-rise, this modern condo embodies urban living at its finest, situated at the iconic intersection of Cumberland and Yonge. With an unbeatable walk and transit score, just steps away from world-class shopping, dining, and entertainment. Conveniently connected to the Don Valley Parkway and Gardiner Expressway, the city's best is always within reach. The open-concept layout invites you to enjoy panoramic city vistas, while the chef-inspired kitchen, featuring sleek cabinetry, quartz countertops, and high-end stainless-steel appliances, is perfect for culinary enthusiasts. Every moment at 8 Cumberland feels like home. (id:66096)

Property Details

MLS®: C13147362
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 0
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $621/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,697.96/yr
Listed: 169 days ago

Rooms

Flat

Kitchen: 7.04 x 3.1 meters
Dining room: 7.04 x 3.1 meters
Living room: 7.04 x 3.1 meters
Primary Bedroom: 3.45 x 2.64 meters
Bedroom 2: 2.82 x 2.69 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Oven, Dryer, Microwave, Cooktop
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

169d

Toronto (Annex) listings, avg age

58d

Price / ft²

$1,153

List price

$864K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (Annex) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX EXCEL REALTY LTD. · JIAN MIAO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4W)

This home lists at $863,990, about 8.3× the local median household income of $104,000.

Carrying it typically needs a household income of about $168,767 (20% down, 25-yr amortization, stress-tested) — roughly 62% above the area median.

Median household income: $104,000
Population: 15,296
Median age: 44.8
Owner / renter: 56% / 44%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M4W)

$863,990· $1,153/ft²

For sale

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Full Cost Breakdown

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Down Payment7.11% · $61,399

Min 7.11%50%

Mortgage payment$4,450/mo

↳ CMHC premium ($32,104 capitalized)

Property tax (est.)$391/mo

Condo fee$621/mo

Total monthly$5,463

Cash Needed to Close

Down payment (7.11%)$61,399

Land transfer tax$27,510

Est. closing costs$5,092

Total cash needed$94,001

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