$899,000

For sale

#2308 8 Cumberland Street, Toronto (Annex) - Single Family for Sale

#2308 8 Cumberland Street, Toronto (Annex), Ontario, M4W0B6

2 beds2 baths0 parking750 ft²$662/mo condo feeListed 28 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Listed at $899,000, it is attractively priced about 10% below the $1,000,500 median asking price in Toronto. It has been on the market 28 days, fresher than the Toronto average of 58 days.

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Description

WELCOME TO UNIT 2308 - SOPHISTICATED YORKVILLE LIVING WITH RARE ROSEDALE VIEWS! Experience refined urban living in this exceptional 766 sq. ft. corner residence at the prestigious Great Gulf building, ideally positioned in the heart of Yorkville. This bright and beautifully appointed 2-bedroom, 2-bathroom suite offers an elevated lifestyle with stunning views toward Rosedale. Featuring 9-ft smooth ceilings, rich hardwood flooring, floor-to-ceiling windows, and an airy open-concept layout, the residence is filled with natural light and designed for effortless modern living. The sophisticated gourmet kitchen showcases contemporary cabinetry, quartz countertops, and premium built-in appliances, complemented by designer light fixtures and custom blinds throughout. Wi-Fi is included for added convenience. Indulge in an impressive collection of resort-inspired amenities, including a state-of-the-art fitness centre, yoga studio, elegant party lounge, outdoor terrace with BBQ lounge, landscaped garden retreat, and pet park with spa access. Unbeatable Yorkville location. Steps to world-class shopping, fine dining, cafes, University of Toronto, and TTC. Easy access to the DVP and Hwy 401. A rare opportunity to own an elegant corner residence in one of Toronto's most coveted neighbourhoods. (id:66096)

Property Details

MLS®: C13876792
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: Garage, Underground
Condo Fee: $662/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $4,987.52/yr
Listed: 28 days ago

Rooms

Flat

Living room: 6.05 x 3.99 meters
Dining room: 6.05 x 3.99 meters
Kitchen: 6.05 x 3.99 meters
Primary Bedroom: 3.05 x 2.87 meters
Bedroom 2: 2.95 x 2.82 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, Range, Oven, Dryer, Microwave, Cooktop, Oven - Built-In, Window Coverings
Flooring: Hardwood
Foundation: Unknown
Exterior: Concrete
Lot Features: Elevator, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

28d

Toronto (Annex) listings, avg age

58d

Price / ft²

$1,199

List price

$899K

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 28 days, which is 30 days fresher than the city average of 58. Act while there is still low competition.

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Listed by Advent Realty Inc. · JESSIE BIN TANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4W)

This home lists at $899,000, about 8.6× the local median household income of $104,000.

Carrying it typically needs a household income of about $175,606 (20% down, 25-yr amortization, stress-tested) — roughly 69% 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)

$899,000· $1,199/ft²

For sale

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Full Cost Breakdown

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Down Payment7.22% · $64,900.00

Min 7.22%50%

Mortgage payment$4,624/mo

↳ CMHC premium ($33,364 capitalized)

Property tax (est.)$416/mo

Condo fee$662/mo

Total monthly$5,702

Cash Needed to Close

Down payment (7.22%)$64,900

Land transfer tax$28,910

Est. closing costs$5,197

Total cash needed$99,007

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