8 Cumberland St 1706
Annex, Downtown Toronto, M4W 1J5
FOR SALE
$1,295,000
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BEDROOMS2
BATHROOMS1
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Property Description
Welcome To This Rare 2 Bedroom Unit With Parking and Locker 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.
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$5,050 (2023)
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
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 22.18' x 10.63' | Hardwood Floor, Open Concept, Window |
| Dining | Flat | 22.18' x 10.63' | Hardwood Floor, Open Concept, Pot Lights |
| Kitchen | Flat | 22.18' x 10.63' | Hardwood Floor, Open Concept, Pot Lights |
| Prim Bdrm | Flat | 9.09' x 10.93' | Hardwood Floor, W/I Closet, 3 Pc Ensuite |
| 2nd Br | Flat | 10.50' x 10.93' | Hardwood Floor, Window, Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Cumberland St 1706 is a 2-bedroom 2-bathroom condo listed for sale at $1,295,000, which is $524,961 (68.2%) higher than the average sold price of $770,039 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $17,913 (2.3%) compared to the previous 30 day period (July 17 - August 15) and down $13,617 (1.7%) from the same time one year ago.Inventory Change
There were 1,378 2-bedroom condos listed in Downtown Toronto over the last 30 days (August 16 - September 14), which is up 20.9% compared with the previous 30 day period (July 17 - August 15) and up 0.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($16,377) (2.1%) below asking price over the last 30 days (August 16 - September 14), which represents a $4,729 increase compared to the previous 30 day period (July 17 - August 15) and ($11,745) 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 (August 16 - September 14) stood at 30.8%, down from 41.8% over the previous 30 days (July 17 - August 15) and down from 33.0% 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 31 days when successfully sold over the last 30 days (August 16 - September 14), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group-Admiral Realty Inc.
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