8 Cumberland St 301
Annex, Downtown Toronto, M4W 0B6
FOR SALE
$490,000
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Property Description
Steps from Yorkville Neighbourhood and Yonge+Bloor Transit, Shops, and Restaurants. Brand New Never Lived In Studio Unit. Luxury Building Amenities Including Quiet Work/Study Area, Party Room with Billiards and Media, Yoga/Cardo/Exercise Room. Mail + Parcel Room.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-10-18 | 2025-02-11 | 116 | $490,000 | - | Terminated |
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$4,841 (2024)
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
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Bathroom | Main | 4.99' x 9.35' | 4 Pc Bath |
Dining | Main | 4.99' x 13.98' | Combined W/Kitchen |
Living | Main | 10.33' x 11.61' | |
Kitchen | Main | 4.92' x 9.84' | Combined W/Dining |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Cumberland St 301 is a 0-bedroom 1-bathroom condo listed for sale at $490,000, which is $112,808 (29.9%) higher than the average sold price of $377,192 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $5,918 (1.5%) compared to the previous 30 day period (December 20 - January 18) and down $51,372 (12.0%) from the same time one year ago.Inventory Change
There were 80 0-bedroom condos listed in Downtown Toronto over the last 30 days (January 19 - February 17), which is up 35.6% compared with the previous 30 day period (December 20 - January 18) and down 2.4% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($16,329) (4.3%) below asking price over the last 30 days (January 19 - February 17), which represents a $5,276 decrease compared to the previous 30 day period (December 20 - January 18) and ($3,753) 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 0-bedroom condos in Downtown Toronto over the last 30 days (January 19 - February 17) stood at 16.3%, down from 23.7% over the previous 30 days (December 20 - January 18) and down from 34.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Downtown Toronto stood at 41 days when successfully sold over the last 30 days (January 19 - February 17), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Excel Titan
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