$879,000

#702 8 Scollard Street, Toronto (Annex), Ontario, M5R1M2

For saleJust listed

Today

$739K

#702 8 Scollard Street, Toronto (Annex), Ontario, M5R1M2

2 bd2 ba1 pk850 ft²+$1001/mo

Listed by PROPERTY.CA INC.

#904 942 Yonge Street, Toronto (Annex), Ontario, M4W3S8

For saleJust listed

Today

$380K

#904 942 Yonge Street, Toronto (Annex), Ontario, M4W3S8

1 ba1 pk250 ft²+$514/mo

Listed by CENTURY 21 LEADING EDGE REALTY INC.

#2113 11 Yorkville Avenue, Toronto (Annex), Ontario, M4W0B7

For saleJust listed

Yesterday

$690K

#2113 11 Yorkville Avenue, Toronto (Annex), Ontario, M4W0B7

1 bd1 ba250 ft²+$350/mo

Listed by RIGHT AT HOME REALTY

#GPH32 280 Howland Avenue, Toronto (Annex), Ontario, M5R0C3

For saleJust listed

Yesterday

$1.20M

#GPH32 280 Howland Avenue, Toronto (Annex), Ontario, M5R0C3

3 bd2 ba1 pk850 ft²+$885/mo

Listed by KELLER WILLIAMS REFERRED URBAN REALTY

Investment analysis

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$879,000

Toronto

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#2002 8 Cumberland Street, Toronto (Annex) - Single Family for Sale

#2002 8 Cumberland Street, Toronto (Annex), Ontario, M4W0B6

2 beds2 baths0 parking750 ft²$621/mo condo feeListed 13 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Listed at $879,000, it is attractively priced about 15% below the $1,029,000 median asking price in Toronto. It has been on the market 13 days, fresher than the Toronto average of 58 days.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Luxury Living in the Heart of Yorkville - 8 Cumberland! Experience the pinnacle of urban luxury in this brand-new, never-lived-in corner suite located at the prestigious Yonge & Cumberland. This stunning 2-bedroom, 2-bathroom residence features a functional open-concept layout, floor-to-ceiling windows, and a generous balcony with unobstructed views of the city and Rosedale Valley. Abundant natural light create an elevated living experience. Building amenities include a state-of-the-art fitness centre, party room, outdoor garden, and more. Perfectly situated in Toronto's most sought-after neighbourhood, steps to world-class boutiques, fine dining, and transit, with easy access to the DVP, Gardiner, and Hwy 401. A truly unbeatable opportunity to own a brand-new luxury suite in Yorkville's most prestigious address**this one is not to be missed!* (id:66096)

Property Details

MLS®: C14109316
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
Ownership: Condo/Strata
Property Tax: $4,780.35/yr
Listed: 13 days ago

Rooms

Main level

Living room: 7.04 x 3.1 meters
Kitchen: 7.04 x 3.1 meters
Dining 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

Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

Toronto (Annex) listings, avg age

58d

Price / ft²

$1,173

List price

$879K

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) has been listed for 13 days, which is 45 days fresher than the city average of 58. Act while there is still low competition.

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Listed by DREAM HOME REALTY INC. · ROBIN BIAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4W)

This home lists at $879,000, about 8.5× the local median household income of $104,000.

Carrying it typically needs a household income of about $171,699 (20% down, 25-yr amortization, stress-tested) — roughly 65% 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)

$879,000· $1,173/ft²

For sale

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Full Cost Breakdown

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Down Payment7.16% · $62,900

Min 7.16%50%

Mortgage payment$4,525/mo

↳ CMHC premium ($32,644 capitalized)

Property tax (est.)$398/mo

Condo fee$621/mo

Total monthly$5,544

Cash Needed to Close

Down payment (7.16%)$62,900

Land transfer tax$28,110

Est. closing costs$5,137

Total cash needed$96,147

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice