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New2 hours ago

2606 - 8 Cumberland Street

Annex, Toronto

$999,000

Condo Apartment |
2 | 2 | 1 | 0
About this home

Living in Yorkville is having everything you need right at your doorstep. This 2-bedroom, 2-bathroom suite at 8 Cumberland comes with something especially rare in this neighbourhood, its OWN PARKING SPACE. Inside, a bright, modern layout is complemented by with floor-to-ceiling windows with stunning east-facing views overlooking the Rosedale ravine and treetops, offering a beautiful backdrop from morning through evening. Step outside and some of Toronto's best restaurants, cafes, shops and neighbourhood favourites are just moments away. Grab a coffee around the corner, spend an afternoon along Bloor, meet friends for dinner without getting in the car, or hop on the subway when you need to get across the city. At home, there's room to live, work and unwind, while the building extends that lifestyle with a fully equipped fitness centre, yoga space, party and games lounges, business lounge, outdoor terrace with dining and BBQ areas. It's an effortless way to experience one of Toronto's most sought-after neighbourhoods, with everything you need close to home.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size700-799 sq. ft.
Maintenance Fees$782
LockerNone
BalconyNone
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$5,816
mls© NumberC13868366
Listed ByKELLER WILLIAMS REALTY CENTRES
Heat Included
Water Included
Building Insurance Included
Common Elements Included
CAC Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,113
Property tax
$485
Heat allowance
$150
Condo fees, half counted
$391
Housing costs
$6,139 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $199,800
25-yr amortization

Income needed

$189,000

gross annual household income

Payment at 4%
$4,204 / mo
Cash down
$199,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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