2009-8 cumberland Street, Toronto, ON
Annex, Toronto · MLS® C13160586
About this home
Experience urban living at its finest in this stylish 1-bedroom, 1-bath condo in Yorkville, Torontos most coveted neighbourhood! This modern suite boasts 9-foot smooth ceilings, floor-to-ceiling windows, engineered hardwood floors throughout, a separate bedroom with a double closet, a sleek kitchen with stainless steel appliances and stone countertops, and all with amazing views of the city! In-suite laundry is also included! Building Amenities include: Fitness Centre, Yoga Studio, Steam Room, Business Center, Party Room, Pet Spa, Outdoor Garden etc. Unbeatable location, just moments from the Don Valley Parkway, the Gardiner Expressway and the 401. A perfect 100 Walk Score and transit score, steps to the Citys best shopping, Eataly, and other fine eateries. Great opportunity to live in one of the trendiest neighbourhoods in T.O.! Whether you're a first-time buyer or looking to invest, this property offers the perfect blend of style, comfort, and location. Don't miss this one!!All utilities included except Hydro. Bell Internet is also included in maintenance fee as well!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13160586
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 0-499
- Cross streets
- Bloor & Yonge
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete, Brick
- Maintenance
- $415/mo
- Exposure
- North
- Property tax
- $3,114 / 2026
- Days on market
- 61
- Listing brokerage
- BAY STREET GROUP INC.
Rooms
open concept · stainless steel appl · combined w/dining
window · open concept · combined w/dining
window · open concept · combined w/living
window · closet · hardwood floor
Listed at $559,000, this home is about 13% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
In Annex lately, sellers have been getting about 96% of asking and homes sell in about 33 days.
Based on 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $471K, a close match.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $355K
- Adjusts to $355K
That comparable adjusts to $355K; the $495K estimate above is the median of all 11 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
Its public catchment (Jesse Ketchum Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Total price vs nearby homes. Fair value about $495K, median of 11 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 20% above the area average of $1,861/sqft.
60 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Annex, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $447,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,386
- Property tax
- $260
- Condo / maintenance fees
- $415
- Heating
- $0
- Estimated monthly cost
- $3,061
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $7,655
- Toronto municipal land transfer tax
- $7,655
- Estimated closing costs
- $15,310
Plus your down payment of $111,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $143,186
- Principal paid down
- $56,951
- Interest paid
- $86,234
- Balance remaining
- $390,249
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BAY STREET GROUP INC.. MLS®/PropTx.