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1302 - 8 Cumberland Street
Annex, Toronto
$888,000
Built By Greatgulf. 8 Cumberland in Yorkville. 2 bed 2 bath, Open Concept, Modern Kitchen. Steps to Yonge and Bloor Subway, Underground Path, Restaurants, Banks, Shops, U of T, Exclusive Shops adn More
No extras listed.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | New |
| Size | 700-799 sq. ft. |
| Maintenance Fees | $621 |
| Locker | None |
| Balcony | Open |
| Exposure | North West |
| Parking Type | Underground |
| Parking Spaces | 0 |
| Parking Features | Underground |
| Property Tax | $4,853 |
| mls© Number | C13726358 |
| Listed By | HC REALTY GROUP INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,545
- Property tax
- $404
- Heat allowance
- $150
- Condo fees, half counted
- $311
- Housing costs
- $5,410 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$166,000
gross annual household income
- Payment at 4%
- $3,737 / mo
- Cash down
- $177,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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