8 Cumberland St 1901
Annex, Downtown Toronto, M4W 0B6
FOR SALE
$685,000
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Property Description
Yorkville's newest luxury condominium by Great Gulf. Prime Location! Brand new & Bright 1BR Unit. Toronto's Most Sought After Location - Cumberland & Yonge With A Perfect Walk & Transit Score. Just moments from the Don Valley Parkway, the Gardiner Expressway & 401, subway station, schools, library, art galleries & museums. Building amenities includes fitness centre, party room, outdoor garden, business centre.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-03-08 | 2024-04-05 | 28 | $2,350 | - | Terminated |
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
0-499
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 11.75' x 16.24' | Hardwood Floor, Open Concept, Window |
Dining | Main | 11.75' x 16.24' | Hardwood Floor, Open Concept, Combined W/Living |
Kitchen | Main | 11.75' x 16.24' | Hardwood Floor, Stainless Steel Appl, Combined W/Living |
Br | Main | 8.99' x 10.76' | Hardwood Floor, Closet, Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Cumberland St 1901 is a 1-bedroom 1-bathroom condo listed for sale at $685,000, which is $83,203 (13.8%) higher than the average sold price of $601,797 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $1,104 (0.2%) compared to the previous 30 day period (February 27 - March 27) and down $25,115 (4.0%) from the same time one year ago.Inventory Change
There were 1,714 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 28 - April 26), which is up 23.1% compared with the previous 30 day period (February 27 - March 27) and up 59.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($7,654) (1.3%) below asking price over the last 30 days (March 28 - April 26), which represents a $3,287 increase compared to the previous 30 day period (February 27 - March 27) and ($2,960) 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 1-bedroom condos in Downtown Toronto over the last 30 days (March 28 - April 26) stood at 39.8%, down from 45.8% over the previous 30 days (February 27 - March 27) and down from 75.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 27 days when successfully sold over the last 30 days (March 28 - April 26), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Living Realty Inc.
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