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$1,526,000
188 Cumberland Street · Toronto · Ontario M5R 2G3
198 days on market
Luxurious 1 Bedrm+Den(can be second bedroom),1,075Sf Interior+ approx 250Sf Terrace! In A World Class Condo, Cumberland Tower. In The Heart Of Toronto's Coveted Yorkville Neighbourhood. One Of A Kind 11' 6" High Ceiling, 255 S.F. Terrace overlooking Yorkville. Huge 10'8"X7' Walk-In Closet. Den With Upgraded Premium Tempered Glass Sliding Door As Second Room. Minutes Ttc Subway, U Of T, Designer Flag Ship Shops, World Class Restaurants. 10/10 Walk Score. Prem Parking spot with deed: 24-Hr Valet P…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
Motivated SellerWhy this label
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: HOMEART REALTY SERVICES INC.
Source: TRREB/PROPTX · MLS® C12968986
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20%+ required — no CMHC insurance on $1.5M+ homes
≈ $0.13/ft² × ~1,100 ft² · incl. electric heat
Electric heat — no gas service · see hydro
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 45% of your true cost of ownership. The other 55% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $69,470 | $5,789/mo |
| Government & taxes | ||
| Property tax | $8,144 | $679/mo |
| Land transfer tax(closing) | $26,995 | $2,250/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $15,260 | $1,272/mo |
| Condo fees | ||
| Condo / HOA fees | $24,021 | $2,002/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $153,050 | $12,754/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.