8 Cumberland St 1706
Annex, Downtown Toronto, M4W 1J5
FOR SALE
$1,245,000
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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.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-08-19 | 2024-10-25 | 67 | $4,100 | - | Terminated |
2024-08-23 | 2024-10-08 | 46 | $1,295,000 | - | Terminated |
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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 $1,245,000, which is $475,337 (61.8%) higher than the average sold price of $769,663 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $10,296 (1.3%) compared to the previous 30 day period (September 1 - September 30) and down $28,538 (3.6%) from the same time one year ago.Inventory Change
There were 1,340 2-bedroom condos listed in Downtown Toronto over the last 30 days (October 1 - October 30), which is down 13.0% compared with the previous 30 day period (September 1 - September 30) and up 2.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($19,004) (2.5%) below asking price over the last 30 days (October 1 - October 30), which represents a $3,602 decrease compared to the previous 30 day period (September 1 - September 30) and ($16,820) 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 (October 1 - October 30) stood at 39.6%, up from 27.3% over the previous 30 days (September 1 - September 30) and up from 33.8% 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 (October 1 - October 30), 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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