5104-8 Cumberland Street, Toronto, ON

Annex, Toronto · MLS® C13790362

$1,875,000
For Sale
Listed 33 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • Welcome to 8 Cumberland, a prestigious Yorkville address where luxury, sophistication and breathtaking views come together.
  • Pristine, never before lived in, penthouse, this spectacular 51st-floor corner property offers 1,280 square feet of beautifully designed open-concept living, soaring...

Welcome to 8 Cumberland, a prestigious Yorkville address where luxury, sophistication and breathtaking views come together. Pristine, never before lived in, penthouse, this spectacular 51st-floor corner property offers 1,280 square feet of beautifully designed open-concept living, soaring 11-foot ceilings and extraordinary, uninterrupted Southeast panoramic views. From virtually every room, enjoy an ever-changing backdrop from sunrise to sunset, stretching from the treetops of Rosedale to the downtown skyline and Lake Ontario, as far as the eye can see. The chef-inspired kitchen features a full suite of premium Miele appliances and flows seamlessly into the living and dining areas, creating an inviting space for both everyday living and entertaining. The thoughtfully designed layout features two spacious bedrooms, both with walk-in closets, including a luxurious primary retreat, two beautifully appointed bathrooms, and a stunning den/office that could easily be converted into a third bedroom. Step outside to your private balcony and take in the sweeping views high above the city. The location is exceptional. At the corner of Cumberland and Yonge, you are steps from the very best of Yorkville, including world-class shopping, exceptional dining, Whole Foods, galleries, cafés and entertainment. Nearby Summerhill, Rosedale and the Don Valley Parkway provide effortless access to everything Toronto has to offer.Complete with one extra-large parking space and two lockers, this is a rare opportunity to experience elevated penthouse living in one of Toronto's most coveted neighbourhoods. Come for the views. Stay for the lifestyle. You may never want to leave

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13790362
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1200-1399 sq ft
Cross streets
Yonge St and Bloor St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,256/mo
Exposure
South East
Property tax
$11,218 / 2026
Days on market
33
Listing brokerage
PROPERTY.CA INC.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

Neighbourhood & location

Annex, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

North St. James Town
$765K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$529K
Waterfront Communities C1
$610K
Waterfront Communities C8
$554K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Jesse Ketchum Junior and Senior Public School
87%
Jesse Ketchum Junior and Senior Public SchoolPublic · Elementary · 0.4 km awayHigher-rated than most nearby · 87% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Joseph's College School · Catholic secondary0.8 km · 76% at standard
Rosedale Junior Public School · Public elementary0.9 km · 94% at standard
Msgr Fraser College (Isabella Campus) · Catholic secondary0.9 km
Jarvis Collegiate Institute · Public secondary1.1 km · 57% at standard
Native Learning Centre · Public secondary1.1 km
Church Street Junior Public School · Public elementary1.1 km · 73% at standard
Huron Street Junior Public School · Public elementary1.2 km · 74% at standard
St Martin Catholic School(OL of Lourdes · Catholic elementary1.2 km
Cottingham Junior Public School · Public elementary1.2 km · 100% at standard
Rose Avenue Junior Public School · Public elementary1.2 km · 46% at standard
Orde Street Public School · Public elementary1.4 km · 76% at standard
Winchester Junior and Senior Public School · Public elementary1.5 km · 76% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$8,546/mo
$383KIncome needed
4.9×Price ÷ income
$1,972Weekly cost
$67,950Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

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.

80%mortgage
Mortgage $8,546Property tax $935Condo fee $1,256Total carry $10,736

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,294per month

Mortgage amount $1,500,000 · 4.49% over 25 years

$375,000Down payment (20.0%)
$1,500,000Loan before insurance
$0CMHC premium
$10,485Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,294
Property tax
$935
Condo / maintenance fees
$1,256
Heating
$0
Estimated monthly cost
$10,485

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$33,975
Toronto municipal land transfer tax
$33,975
Estimated closing costs
$67,950

Plus your down payment of $375,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,038/monthPayment at the qualifying rate

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

$988,127Total interest paid
$2,488,127Total of all payments
Principal $1,500,000 Interest $988,127
YearPrincipalInterestBalance
1$33,474$66,051$1,466,526
2$34,993$64,532$1,431,533
3$36,582$62,943$1,394,951
4$38,243$61,282$1,356,707
5$39,980$59,545$1,316,728
6$41,795$57,730$1,274,933
7$43,693$55,833$1,231,240
8$45,676$53,849$1,185,564
9$47,750$51,775$1,137,814
10$49,918$49,607$1,087,895
11$52,185$47,340$1,035,710
12$54,554$44,971$981,156
13$57,031$42,494$924,125
14$59,621$39,904$864,504
15$62,328$37,197$802,177
16$65,158$34,368$737,019
17$68,116$31,409$668,903
18$71,209$28,316$597,694
19$74,442$25,083$523,252
20$77,822$21,703$445,431
21$81,355$18,170$364,075
22$85,049$14,476$279,026
23$88,911$10,614$190,115
24$92,948$6,577$97,168
25$97,168$2,357$0

At the end of your 5-year term

Total paid over the term
$497,625
Principal paid down
$183,272
Interest paid
$314,353
Balance remaining
$1,316,728

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.

Let's connect

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

Rental yield
Estimate$4,100/mo
$49,200Gross annual rent
0.9%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

2.6%
Gross yield
− Property tax $11,218− Condo fees $15,068− Insurance $600− Vacancy & upkeep $5,412Net operating income $16,902

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PROPERTY.CA INC.. MLS®/PropTx.

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