188 Cumberland Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Annex. Expertly crafted featuring premium concrete poured and other construction, this residence presents an exceptional opportunity offered at $483,800 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 0-499 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Built-In Oven, Carpet Free, Countertop Range
- equipped with central air central cooling and highly efficient fan coil heating via other
Description
PRESTIGOUS DOWNTOWN YORKVILLE LOCATION TO ITS BEST, AT THE CORNER OF AVENUE ROAD AND CUMBERLAND STREET. ICONIC AND NEWER STYLISH LUXURY BUILDING SURROUNDED BY UPSCALES RESTAURANTS/INTERNATIONAL BRAND NAME FLAGSHIP STORES, NEIGHBOURING WITH GRAND HYATT, HAZELTON AND FOUR SEASONS HOTEL, THE ROYAL ONTARIO MUSEUM AND UNIVERSITY OF TORONTO. IN THE AREA WHERE LUXURY MEETS CULTURE. CONVENIENTLY LOCATED WITHIN 3 MINS WALK TO THE BAY AND 5 MINS WALK TO THE MUSEUM SUBWAY STATION THAT SEAMLESSLY CONNECT TO ALL PARTS OF THE CITY. WORLD CLASSED RECREATION FACILITIES INCLUDE INDOOR SWIMMING POOL, WELL EQUIPPED GYM, PARTY/ENTERTAINMENT/DINING ROOM, ROOFTOP GARDEN WITH BBQ, BOARDROOM, GUEST SUITES AND 24 HOURS CONCIERGE. THIS IS A TRUE ONE BEDROOM SUITE WITH PROPER BEDROOM DOOR FOR PRIVACY AND WALL TO WALL, FLOOR TO CEILING WINDOW ALLOWING NATURAL LIGHTS TO COME IN. WARM AND COZY SUNFILLED LIVING AND DINING ROOM FEATURING WALL TO WALL AND FLOOR TO CEILING WINDOWS AS WELL. WELL DESIGNED FUNCTIONAL FLOOR PLAN IN NEUTURAL DECOR WITH NO LONG HALLWAY AND WASTED SPACE. EXCELLENT OPPORTUNITY NOT TO BE MISSED FOR THE STARTERS TO OWN IN THIS DREAM LOCATION AND ALSO FOR THOSE WHO ARE LOOKING FOR A PIED-A TERRE.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Arts Centre, Hospital, Library, Park, Public Transit, School
Interior Features
Built-In Oven, Carpet Free, Countertop Range
Security Features
Alarm System, Carbon Monoxide Detectors, Concierge/Security, Security Guard, Smoke Detector
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 188 Cumberland Street 2313, Toronto C02, ON M5R 0B6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $483,800 in Toronto, the legal minimum down payment is $24,190 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,151 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,151 also applies, bringing the total estimated land transfer taxes to $12,302.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
