8 Cumberland St 4205
Annex, Downtown Toronto, M4W 0B6
FOR SALE
$929,900
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1 + 1
BEDROOMS1
BATHROOMS1
KITCHENS4 + 1
ROOMSC8375140
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Property Description
Welcome To A Beautiful, Brand New Unit In The Heart Of Toronto's Most Sought-after Neighborhood, Yorkville! This Is 8 Cumberland. This Spacious 1 Bed + Den, 1 Bathroom Suite Offers Breathtaking Panoramic City Views And An Open-concept Layout. Located Just Steps From Toronto's Premier Shops And Dining, With Easy Access To Major Highways And Subway Lines, Convenience Is Paramount. The Building Boasts Top-notch Amenities, Including A State-of-the-art Fitness Center, A Stylish Party Room, A Serene Outdoor Terrace, And More. Don't Miss The Opportunity To Experience Unparalleled Urban Living In This Internationally Recognized Setting. Make Unit 4205 Your New Home And Immerse Yourself In The Vibrant Pulse Of Yorkville.
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Nearby Intersections
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$6,300 (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
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.50' x 19.49' | Combined W/Dining, Open Concept, Window Flr to Ceil |
| Dining | Main | 10.50' x 19.49' | Window Flr to Ceil, Open Concept, Combined W/Kitchen |
| Kitchen | Main | 10.50' x 19.49' | Modern Kitchen, Stainless Steel Appl, Stone Counter |
| Br | Main | 10.17' x 9.68' | Window Flr to Ceil, Large Closet |
| Den | Main | 10.40' x 7.35' | Open Concept |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Cumberland St 4205 is a 1-bedroom 1-bathroom condo listed for sale at $929,900, which is $363,916 (64.3%) 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 Sotheby's International Realty Canada
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