$490,000 - 188 Cumberland Street Unit 1913, Yorkville
New Construction for Sale in Yorkville
60 days on market- MLS Number
- C13009252
- Property Type
- New Construction
- Status
- active
- Days on Site
- 60
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- N/A sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Locker
- Owned
- Exposure
- North
- Balcony
- None
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
This is Your Ticket to Own A Piece of the Most Exclusive Neighbourhood in the City. A beautifully appointed 1-bedroom suite in the heart of one of Toronto's most prestigious neighbourhoods, it offers elegant finishes, floor-to-ceiling windows, and a functional open-concept layout. Enjoy a sleek modern kitchen with integrated appliances, a spa-inspired bathroom, and a sun-drenched living space that opens to a private balcony with stunning city views. Ideal for professionals, first-time buyers, or investors seeking style and convenience. One of the rare Airbnb-friendly buildings in the city, exceptional opportunity for investors looking to capitalize on strong short-term rental income. Experience boutique residence luxury with top-tier amenities including a 24-hour concierge, fitness centre, yoga studio, party room, and an outdoor terrace with panoramic views. Designed for comfort and sophistication, the building offers a tranquil escape in the middle of the city. Unbeatable location in the heart of Yorkville - steps from world-class shopping, fine dining, art galleries, and the TTC. Walk to the University of Toronto, the ROM, and Queens Park. This is your chance to live in one of Toronto's most coveted and fashionable enclaves.
Estimate your monthly payments for this property
Estimated Payment
$2,513.95/mo
Includes CMHC insurance ($13,671)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Annex / Yorkville / Summerhill
Annex / Yorkville / Summerhill is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Annex / Yorkville / Summerhill
- •Convenient location in Annex / Yorkville / Summerhill
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Annex / Yorkville / Summerhill offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
188 Cumberland Street Unit 1913, Annex / Yorkville / Summerhill
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Negotiation Opportunity
At 60 days on site, this property has exceeded the typical selling timeline for Yorkville. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Efficient Living
At 0 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.