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    8 Cumberland Street

    8 Cumberland Condos
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    1for Sale
    12for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    51
    Number of Units:
    371
    Condo Completion:
    2021
    Condo Demand:
    Medium
    Unit Size Range:
    400 - 1,299 SQFT
    Unit Availability:
    Medium
    Property Management:
    No Data

    Listing History for 8 Cumberland Condos

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    Amenities

    Rooftop Deck
    Indoor Parking
    Outdoor Pool
    Gym Room
    Concierge
    Party Room

    Maintenance Fees

    Included
    Heat
    Water
    Excluded
    Hydro
    Air Conditioning

    About 8 Cumberland Street8 Cumberland Condos

    Standing 51 storeys tall at 8 Cumberland Street — 8 Cumberland Condos is a high-rise by any definition. Great Gulf completed construction on the building in 2021, resulting in 371 Yorkville condo for sale. Suites start at 400 square feet and go up to 1299 square feet, and because of the number of units in the building, buyers have a good chance of finding Toronto condos for sale here.

    Maintenance fees are $0.71 per-square-foot, which is lower than the neighbourhood average of $1.11 per-square-foot.

    The Suites

    On average, units at 8 Cumberland Street sell 3.18% above the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $1,271 and units sell with 25 days on market on average. Over the past 12 months, 10 have sold and 219 have have been rented here.

    The Neighbourhood

    Residents can enjoy several great restaurants in the area. Some popular places nearby include Pizza Pizza, The Pilot and Tim Hortons. If you’ve come to Yorkville for the coffee, then you’re in the right place — as both Starbucks and Balzac's Reference Library are just steps away.

    Grocery pick-ups are made easy thanks to H Mart, Rabba Fine Foods and The Market by Longo's within a 5-minute walk.

    Like to stay on top of your finances? 8 Cumberland Street is only 2 away!

    Having Town Hall Square, Mist Garden and Frank Stollery Parkette within 4 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.

    Enhance your personal style while living in the Yorkville neighbourhood by visiting Cumberland Terrace, Canadian Tire and Ins Market.

    Art and culture seekers can enjoy amazing attractions nearby like The Japan Foundation, Toronto, Izzy Gallery and artclvb, less than 4 minutes walking distance from here.

    There are plenty of nearby school choices — da Vinci School — with more in neighbouring areas so you can find the best school for your child’s needs.

    Transportation

    Residents have transit options in the Yorkville neighbourhood; A light transit stop at Yonge St & Bloor St E can carry you to your destination in no time at all. Bloor-Yonge station is only 3 minutes walking distance from the building.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 1 Yorkville Avenue, 18 Yorkville Avenue and 1 Bloor Street E.

    8 Cumberland Condos Reviews

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    Listings For Rent

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    Bikeability

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    16,960
    Average Individual Income
    $62,918
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $103,235
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    20%
    50 - 64
    20%
    65+
    19%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    26%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    37%
    Detached
    30%
    Semi Detached
    16%
    Low Rise Apartment
    11%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    76%
    Mandarin
    11%
    Cantonese
    7%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Armenian
    1%
    Korean
    1%
    Education
    University and Above
    39%
    High School
    23%
    College
    16%
    None
    13%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    19%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Maintenance Fees

    8 Cumberland Condos vs The Yorkville Area

    Days on Strata

    Units at 8 Cumberland Condos spend an average of
    25
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Yorkville

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    6th
    Highest price per SQFT out of 57 condos in the Yorkville area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    219
    Units were Rented over the past twelve months

    Best Value Rank

    8 Cumberland Condos offers the
    ?
    N/A
    best value out of 57 condos in the Yorkville neighbourhood

    Appreciation Rank

    8 Cumberland Condos has the
    ?
    N/A
    highest ROI out of 57 condos in the Yorkville neighbourhood

    Rental Yield

    8 Cumberland Condos yields the
    ?
    N/A
    highest rent prices out of 57 condos in the Yorkville neighbourhood

    High Demand

    8 Cumberland Condos is the
    ?
    N/A
    most popular building out of 57 condos in the Yorkville neighbourhood

    Transaction Insights at 8 Cumberland Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$660,000$670,000 - $675,000$905,000 - $1,215,000No Data
    Avg. Cost Per SqftNo Data$1,225$1,273$1,309No Data
    Avg. Wait for Unit AvailabilityNo DataNo Data126 Days29 DaysNo Data
    Ratio of Units in Building1%29%29%40%4%

    Unit Sales vs Inventory

    Total number of units listed and sold in Yorkville