8 Cumberland St 2707
Annex, Downtown Toronto, M4W 0B6
FOR SALE
$699,000
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BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSC8431604
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Property Description
A Beautiful Unit In The Heart Of Toronto's Most Sought After Neighbourhood -This is 8 Cumberland! Step Into This Perfectly Laid Out 1 + Den With Forever unobstructed East Facing Views. Top of the line finishes with centre isle in kitchen; gorgeous bathrooms; beautifully chosen finishes; hardwood flooring throughout; floor to ceiling windows; lots of closets and cupboards;Great floor plan.Building Amenities Include: Fitness Centre, Party Rm, Outdoor garden + More!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-13 | 2024-05-01 | 49 | $798,000 | - | Terminated |
Extras
The unit has significant upgrades like blinds and premiums for unobstructed view. Engineer Hardwood Flooring Throughout. S/S Kitchen Appliances, Integrated Dishwasher, Built In Microwave. Washer And Dryer. Stone Countertops.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Cumberland St 2707 is a 1-bedroom 1-bathroom condo listed for sale at $699,000, which is $133,016 (23.5%) higher than the average sold price of $565,984 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $13,085 (2.3%) compared to the previous 30 day period (July 17 - August 15) and down $49,802 (8.1%) from the same time one year ago.Inventory Change
There were 1,473 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 16 - September 14), which is up 6.3% compared with the previous 30 day period (July 17 - August 15) and up 0.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,793) (1.7%) below asking price over the last 30 days (August 16 - September 14), which represents a $71 decrease compared to the previous 30 day period (July 17 - August 15) and ($6,422) 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 (August 16 - September 14) stood at 34.1%, down from 35.9% over the previous 30 days (July 17 - August 15) and down from 35.6% 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 33 days when successfully sold over the last 30 days (August 16 - September 14), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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