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New4 hours ago

2002 - 8 Cumberland Street

Annex, Toronto

$879,000

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

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!*

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$621
LockerNone
BalconyOpen
ExposureNorth West
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$4,780
mls© NumberC14109316
Listed ByDREAM HOME REALTY INC.
Heat Included
Water Included
Common Elements Included
Building Insurance Included
Condo Taxes 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%
$4,499
Property tax
$398
Heat allowance
$150
Condo fees, half counted
$311
Housing costs
$5,358 / mo

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

Down payment20% · $175,800
25-yr amortization

Income needed

$165,000

gross annual household income

Payment at 4%
$3,699 / mo
Cash down
$175,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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