8 Cumberland St 4807
Annex, Downtown Toronto, M4W 0B6
FOR SALE
$1,199,000
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Property Description
Amazing Opportunity At 8 Cumberland in Yorkville. This New Building is situated in The Heart Of Toronto's Most Sought After Location - Cumberland And Yonge With A Perfect Walk And Transit Score. Steps From Toronto's Exclusive Shops And Culinary Delights. Floor to Ceiling windows and Generous Balcony. Just Moments From The Don Valley Parkway, The Gardiner Expressway And The 401. Building Amenities Include: Fitness Center, Party Rm, Outdoor garden + More! Practical Open-Concept Unit Feature 2 Bed, 2 Bath W/ Balcony. N/E Exposure. Parking Included! This is a no miss chance.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-06 | 2024-09-10 | 4 | $4,300 | $4,250 | Leased |
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.
900-999
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Fan Coil
Heat Source
Electric
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 15.42' x 24.84' | Open Concept, W/O To Balcony |
| Dining | Main | 15.42' x 24.84' | Open Concept, Combined W/Kitchen |
| Kitchen | Main | 15.42' x 24.84' | Stainless Steel Coun, Stone Counter |
| Prim Bdrm | Main | 9.91' x 9.09' | 5 Pc Ensuite, Closet, Window |
| 2nd Br | Main | 9.91' x 6.56' | Closet, Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Cumberland St 4807 is a 2-bedroom 2-bathroom condo listed for sale at $1,199,000, which is $442,399 (58.5%) higher than the average sold price of $756,601 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $25,750 (3.5%) compared to the previous 30 day period (December 22 - January 20) and down $31,820 (4.0%) from the same time one year ago.Inventory Change
There were 1,180 2-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.7% compared with the previous 30 day period (December 22 - January 20) and up 12.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($15,842) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,965 increase compared to the previous 30 day period (December 22 - January 20) and ($14,808) 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 2-bedroom condos in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 26.8%, down from 33.1% over the previous 30 days (December 22 - January 20) and down from 45.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Gold Realty Inc.
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