pin_buy175 Cumberland St
1Listing for Salefor Sale
2Listings for Rentfor Rent
building_buyRenaissance Plaza
pin_buy175 Cumberland Stexpand addresses list
    building_buyRenaissance Plaza
    1Listing for Salefor Sale
    2Listings for Rentfor Rent
    Walkability
    10/10
    Transit
    10/10
    Bikeability
    8/10
    © MapTiler © OpenStreetMap
    0
    CONDO Demand
    high
    Unit Availability
    low
    Property Type
    Condo
    Developer
    Bramalea Limited
    Condo Completion
    1983
    Property Management
    Del Property Management Inc.
    Unit Size Range
    1100 - 5240 SQFT
    Number of Units
    127
    Number of Storeys
    15

    175 Cumberland St, Toronto

    About this condo

    Condo Overview

    A name like Renaissance Plaza brings certain images to mind: kings, queens, red and purple velvet. So while the Brutalist style façade of 175 Cumberland Street doesn’t necessarily fit in with this picture, it also doesn’t seem to reflect the updated homes found within.

    Built back in 1983 by (now renowned) architects Page + Steele, the 15-storey building at 175 Cumberland Street is colossal in scale. Although not tall by Toronto’s condo standards, the Renaissance Plaza is a mammoth building width-wise. For example, it may not sit right on the corner of Avenue and Bloor, but even so the building is very prominent when looking around this intersection.

    Even though the Renaissance Plaza has been around for over 30 years now, the building manages to remain relevant: Toronto Life highlighted a condo at 175 Cumberland in a 2015 article, with the title reading “newer isn’t necessarily better.”

    Set in Yorkville — an area that has seen bohemians move out and elite members of Toronto’s society move in — the Renaissance Plaza has stood the test of time.

    And while the more mature style of decor found in the lobby reflects the crowd attracted to the building and the neighbourhood at large, the amenities are fit for the modern homeowner. Residents have access to a gym with squash court, a pool and sauna, a concierge and security, a parking garage, and valet parking service.

    The Suites

    With 127 downtown Toronto condos to choose from, Toronto condos for sale here attract a wide range of prospective buyers. However, when it comes to size, condos at 175 Cumberland start large and only get larger from there: the smallest homes begin at around 1,000 and reach to approximately 4,000 square feet.

    First time buyers looking for a place for one or two will be more than pleased with the one bedroom units available; families or those who enjoy playing host will want to opt for more spacious units, such as those with three bedrooms plus a den.

    While luxurious bathrooms and separate kitchens are anything but rare at 175 Cumberland, there has clearly been lots of time for personalization over the years. Many units have been completely remade by now, some of which renovations have included removing walls, replacing flooring, and building walk-in closets. As a result, numerous homes at the Renaissance Plaza are now even better thought out than brand new condos.

    One renovation worth noting resulted in a pink, marble-clad suite that looks like it is straight out of Sofia Coppola’s Marie Antoinette, complete with a grand chandelier and gold-framed fireplace. Plus, this particular unit has an eat-in kitchen and a separate dining room.

    Other owners have chosen to favour utility in their renovations, for example with the creation of home offices, or the use of glass to brighten living spaces and add a sense of modernity.

    Penthouse suites are even more luxurious than the rest, thanks to the fact that these home boast fireplaces. And while many of the condos in the building offer pleasant views for their homeowners, certain residents benefit from being able to stare at the ROM and the infamous Michael Lee-Chin Crystal.

    The Neighbourhood

    Staring at the ROM from the comfort of your own home is fine enough, but residents of the Renaissance Plaza are also lucky enough to be able to walk over to this beloved museum whenever the mood strikes.

    When residents feel they’ve had enough, the Gardiner Museum, the Bata Shoe Museum, and the Art Museum at the University of Toronto are all just around the corner as well.

    Shopaholics and celebrity seekers alike will love spending afternoons roaming the streets of Yorkville. The prevalence of upscale boutiques and restaurants has a way of attracting the most fashionable of visitors from both Toronto and around the globe.

    Basic errands are less of a chore thanks to the close proximity to the Whole Foods Market on Avenue Road and the Market by Longo’s in the HBC Centre. Home goods can be gathered at the HomeSense on Bloor, while bibliophiles will be glad to learn about the massive Indigo located at the corner of Bay and Bloor.

    Transportation

    With its central location at Avenue Road and Bloor Street, residents can zip around the city in no time. For those who prefer to get around by car, Bloor Street can be used to reach the 427 to the west or the Don Valley Parkway to the east. A quick trip north on Avenue Road will also land drivers at the 401, while a southbound ride delivers one at the Financial District, Union Station or Lake Ontario.

    Those who prefer public transit, on the other hand, are equally in luck. St. George, Bay, and Bloor-Yonge Stations are just a short walk away, from which passengers can ride east or west along the Bloor-Danforth Line, as well as north and south on the Yonge-University-Spadina Line.

    1

    Listings For Sale

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    2

    Listings For Rent

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    Amenities

    Squash Racquet Court
    Security System
    Indoor Pool
    Party/Meeting Room
    Rooftop Deck/Garden
    Underground Parking
    Concierge
    Recreation Room
    Gym
    Sauna
    Visitor Parking

    Maintenance Fees Cover

    Maintenance fees include

    Water

    Owner / renter pays separately

    Hydro
    Heat
    Air Conditioning

    Past Sold & Rented Listings

    Stats, Trends & Rankings

    Price Per Square Foot
    Renaissance Plaza vs The Yorkville Area

    $155.00
    Less Expensive
    per SQFT compared to the neighbourhood average
    Renaissance Plaza's Avg
    price per SQFT
    $1,155
    / SQFT
    Neighbourhood Avg
    price per SQFT
    $1,310
    / SQFT

    Building Trends At Renaissance Plaza

    Days on Market

    Units at Renaissance Plaza spend an average of
    7
    Days on Market
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    above
    the list price.

    Offer Competition

    Condos in this building have an

    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    15.8
    YEARS before being sold again

    Property Value

    8%
    Increase in property value within the past twelve months

    Price Ranking

    21st
    Highest price per SQFT out of 55 condos in the Yorkville area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value

    Renaissance Plaza offers the
    ?
    best value out of 55 condos in the Yorkville neighbourhood

    Return on Investment

    Renaissance Plaza has the
    ?
    highest ROI out of 55 condos in the Yorkville neighbourhood

    Rental Yield

    Renaissance Plaza yields the
    ?
    highest rent prices out of 55 condos in the Yorkville neighbourhood

    High Demand

    Renaissance Plaza is the
    ?
    most popular building out of 55 condos in the Yorkville neighbourhood

    Sales vs Rental Values For This Condo

    1 Bed1149 - 1260 SQFT
    Average Cost Per Sqft$1,015
    Sales Price Range$1,303,000 - $1,303,000
    Rental Price Range$3,300 - $4,500
    2 Bed1561 - 1764 SQFT
    Average Cost Per Sqft$1,196
    Sales Price Range$1,945,000 - $2,200,000
    Rental Price Range$5,500 - $5,500

    How Often Are Units Listed?

    1 Bed1148 - 1338 SQFT
    Average Sales Availability
    Every208Days
    Average Rental Availability
    Every430Days
    Ratio of Unit Type in Building29%
    1 Bed + Den1100 - 1287 SQFT
    Average Sales Availability
    Every681Days
    Average Rental Availability
    Every527Days
    Ratio of Unit Type in Building5%
    2 Bed1158 - 2681 SQFT
    Average Sales Availability
    Every140Days
    Average Rental Availability
    Every276Days
    Ratio of Unit Type in Building43%
    2 Bed + Den1700 - 2820 SQFT
    Average Sales Availability
    Every454Days
    Average Rental Availability
    Every580Days
    Ratio of Unit Type in Building13%
    3 Bed1900 - 2870 SQFT
    Average Sales Availability
    Every662Days
    Average Rental Availability
    Every178Days
    Ratio of Unit Type in Building7%
    3 Bed + Den2365 - 5240 SQFT
    Average Sales Availability
    N/A
    Average Rental Availability
    Every907Days
    Ratio of Unit Type in Building7%

    Maintenance Fees
    Renaissance Plaza vs The Yorkville Area

    $0.04
    More Expensive
    per SQFT compared to the neighbourhood average
    Renaissance Plaza's Avg
    monthly maintenance
    fee per SQFT
    $1.01
    / SQFT
    Neighbourhood Avg
    monthly maintenance
    fee price per SQFT
    $0.97
    / SQFT

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