
2308- 8 Cumberland Street, Toronto C02
Toronto C02
$949,900
Cash flow, cap rate & mortgage breakdown
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Listed by Advent Realty Inc
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
4
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,400/mo
Estimated from market price-to-rent ratios
Remarks
Sophisticated Yorkville Living with Rosedale Views! Discover this exceptional 766 sq. ft. 2-Bedroom, 2-Bathroom corner residence in the prestigious Great Gulf building, perfectly situated in the heart of Toronto's most coveted neighbourhood. Designed with elegance and functionality in mind, this bright and spacious suite features 9-ft smooth ceilings, hardwood flooring, floor-to-ceiling windows, and an inviting open-concept layout filled with natural light.The stylish gourmet kitchen showcases contemporary cabinetry, quartz countertops, and premium built-in appliances, complemented by new designer light fixtures and custom blinds that elevate the home's modern aesthetic. Enjoy the convenience of Wi-Fi included and thoughtful finishes throughout.Experience resort-style amenities including a state-of-the-art fitness centre, elegant party lounge, outdoor terrace with BBQ lounge, yoga studio, pet park with spa access, and beautifully landscaped garden retreat. Located steps from Yorkville's world-class shopping, fine dining, cafés, University of Toronto, and TTC, with easy access to the DVP and Hwy 401.A rare opportunity to experience luxury urban living in one of Toronto's most prestigious addresses.
MississaugaInvestor.ca
2308- 8 Cumberland Street
Condo Apartment · 2bd/2ba · ~750 sqft
$949,900
Cash-Flow Report · July 31, 2026
Cap Rate
0.81%
Monthly Cash Flow
-$3,731/mo
Estimated Rent
$2,400/mo
Cash-on-Cash
-21.48%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,400 |
| Mortgage | −$4,372 |
| Property Tax | −$752 |
| Insurance | −$225 |
| Condo Fee | −$662 |
| Vacancy (5%) | −$120 |
| Cash Flow | -$3,731/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,800 |
| Vacancy (5%) | −$1,440 |
| Property Tax | −$9,024 |
| Insurance | −$2,700 |
| Condo Fee | −$7,944 |
| Annual NOI | $7,692 |
| Cap Rate | 0.81% |
Cash Required to Close
| Down Payment (20%) | $189,980 |
| Ontario Land Transfer Tax | $15,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $208,453 |
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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