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    Toronto / Downtown / Yorkville

    4902 - 8 Cumberland St

    For Sale8 Cumberland Condos
    $999,000
    Price Increase: $899,000
    2 Beds
    2 Bath
    0 Parking
    700 - 799 SQFT
    77 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $539/mth
    Taxes:
    $0 (2024)
    Cost Per Sqft:
    $1,250 - $1,427/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    North West
    Possession Date:
    November 1, 2024
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Welcome To Prestigious "8 Cumberland" In The Heart Of Yorkville! Located On 49th Floor, This Brand New Two Bedroom Corner Luxurious Suite Offers A Functional Layout With Amazing View . 10ft Ceiling With Floor To Ceiling Windows. Stylish Open Concept Kitchen With Integrated Stainless Steel Appliances. Full Range Of Amenities Include 24hr Concierge, Exercise Room, Party Room, And More. Walkable Distance to U of T And Easy Access To World-class Shopping, Dining, And Entertainment. This Condo Offers The Perfect Blend Of Luxury, Comfort, And Convenience.

    ExtrasStove, Dishwasher, Fridge, Washer, Dryer

    bay street group inc.MLS® #C9512829

    Amenities

    Party Room
    Rooftop Deck
    Indoor Parking
    Concierge
    Outdoor Pool
    Gym Room

    Explore Neighbourhood

    Unknown
    Walkability
    Unknown
    Transit
    Unknown
    Bikeability

    Similar Listings

    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%

    Price Trends

    Maintenance Fees

    8 Cumberland Condos vs The Yorkville Area

    Building Trends At 8 Cumberland Condos

    Days on Strata

    Units at 8 Cumberland Condos spend an average of
    24
    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

    7th
    Highest price per SQFT out of 72 condos in the Yorkville area

    Sold Units

    11
    Units were Sold over the past twelve months

    Rented Units

    238
    Units were Rented over the past twelve months

    Best Value Rank

    8 Cumberland Condos offers the
    ?
    N/A
    best value out of 72 condos in the Yorkville neighbourhood

    Appreciation Rank

    8 Cumberland Condos has the
    ?
    N/A
    highest ROI out of 72 condos in the Yorkville neighbourhood

    Rental Yield

    8 Cumberland Condos yields the
    ?
    N/A
    highest rent prices out of 72 condos in the Yorkville neighbourhood

    High Demand

    8 Cumberland Condos is the
    ?
    N/A
    most popular building out of 72 condos in the Yorkville neighbourhood

    Transaction Insights at 8 Cumberland Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$610,000 - $660,000$670,000 - $675,000$905,000 - $1,215,000No Data
    Avg. Cost Per SqftNo Data$1,399$1,273$1,302No Data
    Avg. Wait for Unit AvailabilityNo Data221 Days126 Days29 DaysNo Data
    Ratio of Units in Building2%28%27%42%4%

    Transactions vs Inventory

    Total number of units listed and sold in Yorkville