$489,000

For saleJust listed

#1413 188 Cumberland Street, Toronto (Annex) - Single Family for Sale

#1413 188 Cumberland Street, Toronto (Annex), Ontario, M5R0B6

1 bed1 bath0 parking250 ft²$597/mo condo feeListed Today

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. It has been on the market 0 days, fresher than the Toronto average of 58 days.

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Description

An Elevated Standard Of Luxury Rises Above All In The Heart Of Toronto's Coveted Yorkville Neighbourhood, At Cumberland St & Avenue Rd. Cumberland Tower Offers Residents A Lifestyle Of Seductive Glamour & World-Class Elegance Right At Your Door. This Luxurious 1-Bedroom Offers Expansive Wall To Wall & Floor To Ceiling Windows, Open-Concept Living Space With Lot Of Natural Lights And Sunshine, Custom-Designed Kitchen With Build-In Integrated Miele Appliances. Residents Can Enjoy Premium And Resort Like Amenities, Including An Outdoor Terrace, Huge Sundeck, Indoor Swimming Pool, Fully Equipped Gym, Party Room, Stylish Lounge , Meeting Room, And 24x7 Security ... The Wonderful City Life Is In Your Door Step. The Building Is Also Near to 3 Subways Station ( Bay/Museum/St.george), Making Transit Very Easy In Toronto. You Can Also Easily Walk to University of Toronto, Royal Museum And Renowned Shopping, Dinning And Cultural Places. Do Not Miss Out This Opportunity To Own A Life Here! (id:66096)

Property Details

MLS®: C14155730
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 250 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, No Garage
Pool: Yes
Condo Fee: $597/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $2,816.03/yr
Listed: Today

Rooms

Flat

Living room: 2.99 x 4.01 meters
Dining room: 2.99 x 4.01 meters
Kitchen: 2.99 x 4.01 meters
Bedroom: 2.99 x 3.2 meters

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

Features

Appliances: Range, Oven - Built-In
Flooring: Laminate
Exterior: Concrete
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Annex) listings, avg age

58d

Price / ft²

$1,960

List price

$489K

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 1-bed single family in Toronto (Annex) has been listed for 0 days, which is 58 days fresher than the city average of 58. Act while there is still low competition.

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Listed by ANJIA REALTY · HELEN YUE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5R)

This home lists at $489,000, about 5.7× the local median household income of $86,000.

Carrying it typically needs a household income of about $95,519 (20% down, 25-yr amortization, stress-tested) — roughly 11% above the area median.

Median household income: $86,000
Population: 26,197
Median age: 42
Owner / renter: 39% / 61%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5R)

$489,000· $1,960/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,450

Min 5%50%

Mortgage payment$2,576/mo

↳ CMHC premium ($18,582 capitalized)

Property tax (est.)$235/mo

Condo fee$597/mo

Total monthly$3,408

Cash Needed to Close

Down payment (5%)$24,450

Land transfer tax$12,510

Est. closing costs$3,967

Total cash needed$40,927

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