8 Cumberland St 1706

FOR SALE
$1,198,000
8 Cumberland St 1706, Downtown Toronto
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
4
ROOMS
C11911224
MLSID
Contact Us
Property Description
Welcome To This Rare 2 Bedroom Unit With Parking Overlooking Yonge and Bloor St. This Bright and Spacious Unit Features Include Top Of The Line S/S Appliances With Quarts Countertop. Bright Open-Concept Living Space With Modern Engineered Hardwood Floors Throughout. A Beautiful Brand New Building That Offers A State Of The Art Gym, Stylish Party Room and Outdoor Garden.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-10-28 2024-11-29 32 $4,250 - Terminated
2024-10-23 2024-11-29 37 $1,245,000 - Terminated
2024-08-19 2024-10-25 67 $4,100 - Terminated
2024-08-23 2024-10-08 46 $1,295,000 - Terminated
Nearby Intersections
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$5,422 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (P3)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat22.18' x 10.63'Hardwood Floor, Open Concept, Window
DiningFlat22.18' x 10.63'Hardwood Floor, Open Concept, Pot Lights
KitchenFlat22.18' x 10.63'Hardwood Floor, Open Concept, Pot Lights
Prim BdrmFlat9.09' x 10.93'Hardwood Floor, W/I Closet, 3 Pc Ensuite
2nd BrFlat10.50' x 10.93'Hardwood Floor, Window, Closet
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Cumberland St 1706 is a 2-bedroom 2-bathroom condo listed for sale at $1,198,000, which is $451,104 (60.4%) higher than the average sold price of $746,896 in the last 30 days (December 11 - January 9). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $16,457 (2.2%) compared to the previous 30 day period (November 11 - December 10) and down $38,137 (4.9%) from the same time one year ago.
Inventory Change
There were 562 2-bedroom condos listed in Downtown Toronto over the last 30 days (December 11 - January 9), which is down 49.6% compared with the previous 30 day period (November 11 - December 10) and up 59.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($20,490) (2.7%) below asking price over the last 30 days (December 11 - January 9), which represents a $4,220 decrease compared to the previous 30 day period (November 11 - December 10) and ($27,504) more 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 11 - January 9) stood at 55.3%, up from 48.7% over the previous 30 days (November 11 - December 10) and down from 79.3% 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 41 days when successfully sold over the last 30 days (December 11 - January 9), compared to 74 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group-Admiral Realty Inc.
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