2002- 8 Cumberland Street, Toronto C02
Toronto C02
$899,000
Cash flow, cap rate & mortgage breakdown
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Listed by DREAM HOME REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
14
Price Drop
3%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,350/mo
Estimated from market price-to-rent ratios
Remarks
Luxury Living in the Heart of Yorkville - 8 Cumberland! Experience the pinnacle of urban luxury in this brand-new, never-lived-in corner suite located at the prestigious Yonge & Cumberland. This stunning 2-bedroom, 2-bathroom residence features a functional open-concept layout, floor-to-ceiling windows, and a generous balcony with unobstructed views of the city and Rosedale Valley. Abundant natural light create an elevated living experience. Building amenities include a state-of-the-art fitness centre, party room, outdoor garden, and more. Perfectly situated in Toronto's most sought-after neighbourhood, steps to world-class boutiques, fine dining, and transit, with easy access to the DVP, Gardiner, and Hwy 401. A truly unbeatable opportunity to own a brand-new luxury suite in Yorkville's most prestigious address**this one is not to be missed!*
MississaugaInvestor.ca
2002- 8 Cumberland Street
Condo Apartment · 2bd/2ba · ~750 sqft
$899,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.9%
Monthly Cash Flow
-$3,464/mo
Estimated Rent
$2,350/mo
Cash-on-Cash
-21.07%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,350 |
| Mortgage | −$4,138 |
| Property Tax | −$712 |
| Insurance | −$225 |
| Condo Fee | −$621 |
| Vacancy (5%) | −$118 |
| Cash Flow | -$3,464/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,200 |
| Vacancy (5%) | −$1,410 |
| Property Tax | −$8,541 |
| Insurance | −$2,700 |
| Condo Fee | −$7,452 |
| Annual NOI | $8,097 |
| Cap Rate | 0.9% |
Cash Required to Close
| Down Payment (20%) | $179,800 |
| Ontario Land Transfer Tax | $14,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $197,255 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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