8 Cumberland St 2101

FOR SALE
$719,900
8 Cumberland St 2101, Downtown Toronto
8 Cumberland St 2101
8 Cumberland St 2101
8 Cumberland St 2101
8 Cumberland St 2101
8 Cumberland St 2101
8 Cumberland St 2101
8 Cumberland St 2101
8 Cumberland St 2101
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
C11905120
MLSID
Contact Us
Property Description
Eight Cumberland luxury condominium by Great Gulf. Prime Location! Bright 1BR Unit. modern suite boasts 10-foot smooth ceilings, floor-to-ceiling windows, engineered hardwood floors throughout, a separate bedroom with a double closet, a sleek kitchen with stainless steel appliances and stone countertops. 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 center, party room, outdoor garden, business center.
Extras
All utilities included except Hydro. Bell Internet is also included in maintenance fee.
Nearby Intersections
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain9.35' x 11.88'Open Concept, Window, Hardwood Floor
DiningMain9.35' x 11.88'Combined W/Living, Open Concept, Hardwood Floor
KitchenMain7.35' x 11.55'Stainless Steel Appl, Stone Counter, Hardwood Floor
BrMain9.42' x 11.32'Closet, Window, Hardwood Floor
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Cumberland St 2101 is a 1-bedroom 1-bathroom condo listed for sale at $719,900, which is $152,156 (26.8%) higher than the average sold price of $567,744 in the last 30 days (December 7 - January 5). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $645 (0.1%) compared to the previous 30 day period (November 7 - December 6) and down $21,898 (3.7%) from the same time one year ago.
Inventory Change
There were 512 1-bedroom condos listed in Downtown Toronto over the last 30 days (December 7 - January 5), which is down 54.4% compared with the previous 30 day period (November 7 - December 6) and up 15.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($13,113) (2.3%) below asking price over the last 30 days (December 7 - January 5), which represents a $941 decrease compared to the previous 30 day period (November 7 - December 6) and ($15,481) 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 1-bedroom condos in Downtown Toronto over the last 30 days (December 7 - January 5) stood at 66.6%, up from 51.5% over the previous 30 days (November 7 - December 6) and down from 73.6% 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 38 days when successfully sold over the last 30 days (December 7 - January 5), compared to 81 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Frontier Realty Inc.
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