8 Cumberland St 1308

FOR SALE
$950,000
8 Cumberland St 1308, Downtown Toronto
8 Cumberland St 1308
8 Cumberland St 1308
8 Cumberland St 1308
8 Cumberland St 1308
8 Cumberland St 1308
8 Cumberland St 1308
8 Cumberland St 1308
8 Cumberland St 1308
8 Cumberland St 1308
8 Cumberland St 1308
8 Cumberland St 1308
8 Cumberland St 1308
8 Cumberland St 1308
8 Cumberland St 1308
8 Cumberland St 1308
8 Cumberland St 1308
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C11950648
MLSID
Contact Us
Property Description
Gorgeous 2 Bed 2 Bath Corner Unit with Raised High Smooth Ceiling. Open Concept Layout. Kitchen With Modern Cabinetry, S.S Appliances, Quartz Countertops. Full range of Amenities Include Private Party, Outdoor BBQ Lounge, Yoga Area And Pet Park With Spa Access. Mins To University of Toronto and TTC. Step to Shopping, Restaurants, Entertainment
Extras
Custom blinds, B/I Fridge, Stove, B/I Microwave, Integrated Dishwasher, Washer And Dryer
Nearby Intersections
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$5,002 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Fan Coil
Heat Source
Other
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Cumberland St 1308 is a 2-bedroom 2-bathroom condo listed for sale at $950,000, which is $218,315 (29.8%) higher than the average sold price of $731,685 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $22,246 (3.0%) compared to the previous 30 day period (November 19 - December 18) and down $30,320 (4.0%) from the same time one year ago.
Inventory Change
There were 779 2-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is down 6.4% compared with the previous 30 day period (November 19 - December 18) and up 35.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($21,191) (2.9%) below asking price over the last 30 days (December 19 - January 17), which represents a $4,232 decrease compared to the previous 30 day period (November 19 - December 18) and ($20,965) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Downtown Toronto over the last 30 days (December 19 - January 17) stood at 38.0%, down from 58.2% over the previous 30 days (November 19 - December 18) and down from 48.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 40 days when successfully sold over the last 30 days (December 19 - January 17), compared to 79 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Landmark Realty Inc.
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