8 Cumberland St 4902
Annex, Downtown Toronto, M4W 0B6
FOR SALE
$999,000
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BEDROOMS2
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Property Description
Welcome To Prestigious "8 Cumberland" In The Heart Of Yorkville! Located On 49th Floor, This Brand New Two Bedroom Corner Luxurious Suite Offers A Functional Layout With Amazing View . 10ft Ceiling With Floor To Ceiling Windows. Stylish Open Concept Kitchen With Integrated Stainless Steel Appliances. Full Range Of Amenities Include 24hr Concierge, Exercise Room, Party Room, And More. Walkable Distance to U of T And Easy Access To World-class Shopping, Dining, And Entertainment. This Condo Offers The Perfect Blend Of Luxury, Comfort, And Convenience.
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Extras
Stove, Dishwasher, Fridge, Washer, Dryer
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Basement
None
Exterior
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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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Cumberland St 4902 is a 2-bedroom 2-bathroom condo listed for sale at $999,000, which is $229,337 (29.8%) higher than the average sold price of $769,663 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $10,296 (1.3%) compared to the previous 30 day period (September 1 - September 30) and down $28,538 (3.6%) from the same time one year ago.Inventory Change
There were 1,340 2-bedroom condos listed in Downtown Toronto over the last 30 days (October 1 - October 30), which is down 13.0% compared with the previous 30 day period (September 1 - September 30) and up 2.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($19,004) (2.5%) below asking price over the last 30 days (October 1 - October 30), which represents a $3,602 decrease compared to the previous 30 day period (September 1 - September 30) and ($16,820) 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 (October 1 - October 30) stood at 39.6%, up from 27.3% over the previous 30 days (September 1 - September 30) and up from 33.8% 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 31 days when successfully sold over the last 30 days (October 1 - October 30), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Bay Street Group Inc.
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