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New2 hours ago

501 - 80 Cumberland Street

Annex, Toronto

$989,000

Condo Apartment |
2 | 3 | 1 | 1
About this home

An exceptionally rare two-storey loft in the heart of prestigious Yorkville offers the perfect blend of urban sophistication and residential comfort. This stunning south-facing residence delivers the feel of a private home while placing you steps from the very best of downtown Toronto living. Spanning approximately 1,054 sq ft, this thoughtfully designed layout is highlighted by dramatic 17-foot ceilings that create an extraordinary sense of space and openness. Expansive windows flood the unit with natural light, enhancing the loft's warm, contemporary character and showcasing its impressive architectural scale. Enjoy seamless indoor-outdoor living with not one but two private south-facing balconies overlooking the vibrant intersection of Cumberland and Bay Streets. Whether enjoying your morning coffee, unwinding with a good book, or entertaining guests in the evening, these outdoor spaces provide the perfect setting to take in the energy and charm of Yorkville. Ideally situated just steps from Bay Subway Station, this coveted address places Toronto's finest amenities at your doorstep, including world-class dining, luxury boutiques, designer shopping, cultural landmarks, and an exciting nightlife scene, all within easy walking distance. Adding exceptional value to this rare offering are amenities seldom found in the neighbourhood, including a highly sought-after parking space and an exclusive-use storage locker of approximately 65 square feet, providing valuable convenience and storage in one of the city's most desirable communities. More than just a residence, this remarkable loft represents a unique lifestyle opportunity in one of Toronto's most exclusive and sought-after enclaves. Rarely available and exceptionally well positioned, this is your chance to own a truly distinctive home in the heart of Yorkville.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
Style2-Storey
Approx. Age16-30
Size1000-1199 sq. ft.
Maintenance Fees$1,494
LockerExclusive
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$5,301
mls© NumberC13764152
Listed ByREMAX YOUR COMMUNITY REALTY
Building Insurance Included
Common Elements Included
Condo Taxes Included
Water Included
Heat Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,062
Property tax
$442
Heat allowance
$150
Condo fees, half counted
$747
Housing costs
$6,401 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $197,800
25-yr amortization

Income needed

$197,000

gross annual household income

Payment at 4%
$4,162 / mo
Cash down
$197,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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