Maintenance Fees
8 Cumberland Condos vs The Yorkville Area
$799,0002 bds2 ba0 pk700 - 799 sqft
For Sale8 Cumberland Condos
5.0
2 Days on Strata
$799,000
2 Beds
2 Bath
0 Parking
700 - 799 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$588/mth
Taxes:
$0 (2024)
Cost Per Sqft:
$1,000 - $1,141/sqft
Outdoor Space:
Balcony
Locker:
None
Exposure:
South West
Possession Date:
To Be Arranged
Amenities
Outdoor Pool
Rooftop Deck
Party Room
Gym
Indoor Parking
BBQs Allowed
Concierge
About this Listing
Welcome to " Yorkville", most prestigious community in Toronto. When You Step into this stunning corner unit on the 30th floor, which has over $100K EXTRA UPGRADES, where golden hour transforms everyday moments. This exceptional 2-bedroom, 2-bathroom home boasts breathtaking, unobstructed sunset views over the lake and the vibrant city skyline. As you enter the modern designer kitchen, equipped with high-end appliances, opens to spacious living and dining areas, flooded with natural light from expansive windows. The thoughtful layout creates a sense of spaciousness, ideal for both relaxation and entertaining. Step outside onto your private balcony, where you can enjoy morning coffee or evening cocktails while overlooking the iconic CN Tower and Toronto's skyline. This outdoor oasis extends your living space and embraces the vibrant urban lifestyle. Be among the first to call this brand new building on Cumberland your home, situated in one of Torontos most prestigious neighbourhoods. Luxury and convenience blend seamlessly, providing quick access to high-end shopping, gourmet dining, and cultural experiences. Elevate your lifestyle in this exquisite condo, where modern elegance and stunning views await you every day. FYI Internet included.
ExtrasAll existing appliances (Fridge, Stove, Built-in Dishwasher, Washer/ Dryer), Towel Warmer, Sorso Wellness water system. Flooring in balcony. All existing window coverings, All Electrical Light Fixtures, All customized cabinets.
exp realtyMLS® #C12089324
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Walkout To Balcony, Sw View
23 x 10.17ft
Kitchen
Combined with Dining, Modern Kitchen, Built-in Fridge
23 x 10.17ft
Dining
West View, Open Concept
23 x 10.17ft
Primary
Large Window, Large Closet, South View
11.32 x 8.66ft
Bedroom
Large Window, Large Closet, West View
9.25 x 8.83ft
Bathroom
3 Piece Ensuite, Tile Floor
7.25 x 8.76ft
Bathroom
3 Piece Bath, Tile Floor
6.23 x 6.66ft
Buyer's Market
Balanced
Seller's Market
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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
Household Income
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%
Building Trends At 8 Cumberland Condos
Days on Strata
Units at 8 Cumberland Condos spend an average of
44
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
5%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in Yorkville
Turnover of Units
On average, each unit is owned for
N/A
Property Value
-6%
Decrease in property value within the past twelve months
Price Ranking
8th
Highest price per SQFT out of 72 condos in the Yorkville area
Sold Units
13
Units were Sold over the past twelve months
Rented Units
157
Units were Rented over the past twelve months
Best Value Rank
8 Cumberland Condos offers the best value out of 72 condos in the Yorkville neighbourhood
?
N/A
Appreciation Rank
8 Cumberland Condos has the highest ROI out of 72 condos in the Yorkville neighbourhood
?
N/A
Rental Yield
8 Cumberland Condos yields the highest rent prices out of 72 condos in the Yorkville neighbourhood
?
N/A
High Demand
8 Cumberland Condos is the most popular building out of 72 condos in the Yorkville neighbourhood
?
N/A
Market Insights
Transaction Insights at 8 Cumberland Condos
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|---|
| Price Range | No Data | $600,000 - $660,000 | $670,000 - $675,000 | $905,000 - $1,048,888 | $1,255,000 |
| Avg. Cost Per Sqft | No Data | $1,491 | $1,273 | $1,275 | $1,181 |
| Price Range | No Data | $1,650 - $3,000 | $2,350 - $3,000 | $2,950 - $4,500 | $4,000 - $6,000 |
| Avg. Wait for Unit Availability | No Data | 140 Days | 126 Days | 56 Days | No Data |
| Avg. Wait for Unit Availability | No Data | 7 Days | 8 Days | 5 Days | 47 Days |
| Ratio of Units in Building | 1% | 27% | 27% | 41% | 4% |
Market Inventory
Total number of units listed and sold in Yorkville
