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    Toronto / Downtown / Yorkville

    3406 - 8 Cumberland St

    For Sale8 Cumberland Condos
    $1,368,000
    Price Cut: $1,499,000
    2 Beds + 1
    2 Bath
    1 Parking
    1,155 SQFT
    116 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $870/mth
    Taxes:
    $0 (2023)
    Cost Per Sqft:
    $1,184/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    South East
    Possession Date:
    Immediately/TBA
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Open Concept, Built-in Appliances, O/Looks Living
    16.18 x 24.51ft
    Living
    Open Concept, Windows Floor to Ceiling, Walkout To Balcony
    16.18 x 24.51ft
    Dining
    Open Concept, O/Looks Dining, Windows Floor to Ceiling
    16.18 x 24.51ft

    About this Listing

    Fabulous brand new condo by Great Gulf and Phantom Developments in the heart of Yorkville!! Split 2 bedrooms and den. 2 full bathrooms include mirrored medicine cabinets with integrated lighting and glass shower doors. Open concept kitchen, dining and living room. Spectacular views. Balcony. Beautiful grey laminate floors. Quartz counters. Floor to ceiling windows. Please see attached floor plan. Wonderful amenities: yoga room, lounge/bar, outdoor terrace and BBQ, pet spa, state of the art gym, 24 hour concierge. Steps to TTC, great shops, restaurants, cafes, Yorkville Village, Eataly and all you need and desire!! Move right in!!

    ExtrasGreat parking spot close to the elevator. Maintenance fee includes basic internet with Bell*** 3 FLAT SCREEN TELEVISIONS.

    chestnut park real estate limitedMLS® #C9231822

    Amenities

    BBQs Allowed
    Indoor Parking
    Outdoor Pool
    Gym Room
    Party Room
    Rooftop Deck

    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
    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

    222
    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%

    Transactions vs Inventory

    Total number of units listed and sold in Yorkville