Building Details
Listing History for 8 Cumberland Condos
Amenities
Maintenance Fees
About 8 Cumberland Street — 8 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.
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Price Cut: $300 (Nov 4)
Price Cut: $350 (Oct 25)
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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.
Price Trends
Maintenance Fees
Building Trends At 8 Cumberland Condos
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 8 Cumberland Street
Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
---|---|---|---|---|---|
Price Range | No Data | $660,000 | $670,000 - $675,000 | $905,000 - $1,215,000 | No Data |
Avg. Cost Per Sqft | No Data | $1,225 | $1,273 | $1,309 | No Data |
Price Range | $2,100 - $2,200 | $2,150 - $3,000 | $2,300 - $3,000 | $2,950 - $4,500 | $4,000 - $4,650 |
Avg. Wait for Unit Availability | No Data | No Data | 126 Days | 29 Days | No Data |
Avg. Wait for Unit Availability | 115 Days | 5 Days | 6 Days | 4 Days | 26 Days |
Ratio of Units in Building | 1% | 29% | 29% | 40% | 4% |
Unit Sales vs Inventory
Total number of units listed and sold in Yorkville