$819,900 - 80 Cumberland Street Unit 1507, Yorkville
Condo for Sale in Yorkville
New — Listed 5 days ago- MLS Number
- C13150836
- Property Type
- Condo
- Status
- active
- Days on Site
- 5
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Experience the pinnacle of luxurious Yorkville living in this rarely offered two-storey loft at the prestigious 80 Cumberland. Offering 852 square feet of refined living space, this exclusive boutique residence is known for its quiet and respectful community, attentive management, and prime location in the heart of Yorkville at the corner of Bay & Cumberland. Soaring ceilings and dramatic double-height, floor-to-ceiling windows flood the open-concept living area with natural light. The thoughtfully designed two-storey layout is both functional and elegant. The eat-in kitchen is a chef's delight, featuring granite countertops, stainless steel appliances, and generous storage. Enjoy the rare luxury of not one, but two quiet and private balconies, ideal for morning coffee or evening relaxation. Upstairs, the open and airy primary suite includes a bonus nook perfect for a home office or Peloton setup along with a spacious four-piece ensuite complete with a built-in vanity. Your ensuite laundry is conveniently located on the bedroom level. A spacious den provides flexibility as a second bedroom or home office while two full bathrooms offer added comfort and convenience. Step outside to Toronto's top restaurants and cafés right at your doorstep with luxury shopping in every direction. Commuting is effortless with quick access to the TTC and the PATH just a minute away. Grocery options abound with Whole Foods, Eataly, and City Market nearby. Wellness spaces in every direction with AVANT, Equinox, Othership and top-rated pilates studios and spas within walking distance. Building amenities include a concierge, gym, and large outdoor terrace. One underground parking space and one locker are included. This is a rare opportunity to own a truly special loft in one of Toronto's most prestigious buildings and neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$4,206.51/mo
Includes CMHC insurance ($22,875)
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.
80 Cumberland Street Unit 1507, 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
Fair Market Value
At $1025/sqft, this property is priced in line with current Yorkville market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Yorkville's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 800 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.
Investment Perspective
Looking at this as an investment: Yorkville properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,416 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.