8 Cumberland Street 2404, Toronto C02

$599,900
8 Cumberland Street 2404

$599,900

New
1d
Condo ApartmentApartment

8 Cumberland Street 2404, Toronto C02

Total Monthly Obligation $3,460

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
0
Sqft
500-599
DOM
1d
Score
17
Yield
4.8%
Cash on Cash
-8.0%
Cap Rate
2.9%
5Y IRR
9.3%
10Y IRR
9.7%
Property Type-Condo Apartment
MLS® Number-C14105286
Bed+Den-2+1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 22, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$3,905.61 (2026)
Maintenance-$514.64/mo
Locker-None
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-WORLD CLASS REALTY POINT
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Other, Concrete
Possession-Immediate
Neighbourhood-Annex
Title-Residential Condo & Other

No agent assigned

Gorgeous Luxury 588 SQFT One Bedroom plus Den Suite, where Den can be used as 2nd Bedroom or Office with Ensuite Bathroom at Toronto's most sought after location at an address that sits perfectly within the Yorkville community steps from Toronto's exclusive shops and culinary delights. Bright & Spacious open-concept suite with panoramic city views and chef-inspired kitchen perfectly paired with modern cabinetry, quartz countertops, and stainless appliances surrounded by some of the most popular food and entertainment establishments. Floor-to-ceiling windows, 9-ft ceilings, hardwood flooring, plus a versatile den ideal for a home office or guest space. Enjoy a well-managed building with exceptional amenities including a fitness centre, rooftop lounge, party room, outdoor garden and pet spa. Ideally located at Yonge & Cumberland, just steps to Bloor-Yonge Subway Station, Yorkville's renowned shopping, dining and entertainment, with easy access to U of T, hospitals, Toronto Metropolitan (Ryerson) University, the Financial District, DVP and Gardiner Expressway. Experience sophisticated downtown living in one of Toronto's most sought-after neighborhoods.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$479,920
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,953

Total Monthly Obligation

$3,460/mo
Mortgage $2,420
Monthly Loss $2,823
Principal$637
Interest$1,783
Property Tax$325
Condo Fees$515
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.1%0
5-Year IRR
6.3%15
10-Year IRR
7.8%
Returns Index
8.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$28,764/yr
NOI
$13,406/yr
Net Cash Flow
-$1,303/mo
Cash Margin
-54.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
22.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 8 Cumberland Street 2404

Time

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Data last updated within the past 24 hours.