Maintenance Fees
8 Cumberland Condos vs The Yorkville Area
$2,9501 bd1 ba0 pk500 - 599 sqft
For Rent8 Cumberland Condos
5.0
15 Days on Strata
$2,950/mth
1 Bed + 1
1 Bath
0 Parking
500 - 599 SQFT
Listing History
Details
Property Type:
Condo
Possession Date:
Immediately
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
None
Furnished:
Yes
Exposure:
South
Locker:
None
Amenities
Party Room
Concierge
Rooftop Deck
Indoor Parking
BBQs Allowed
Gym
Outdoor Pool
About this Listing
Welcome to the luxurious 8 Cumberland in the prestigious Yorkville community! This bright and spacious 1+Den unit boasts a thoughtfully designed layout, featuring a modern kitchen with high-end appliances, soaring 9-foot ceilings, and elegant floor-to-ceiling windows that flood the space with natural light. Enjoy the sophistication of engineered hardwood flooring throughout. Residents have access to an exclusive outdoor terrace complete with hot and cold plunge pools. It is just steps away from Toronto's finest boutiques, gourmet dining, and cultural attractions, with easy access to highways for ultimate convenience.
ExtrasThe unit is furnished with high-end, meticulously selected pieces that blend style and comfort. The den features a custom-designed chair that seamlessly unfolds into a cozy bed, offering both functionality and elegance. Every piece in the space has been chosen for its quality craftsmanship and functionality.
re/max ultimate realty inc.MLS® #C12039673
Fees & Utilities
Utilities Included
Rent Includes
None
Not Included
Hydro
Heat
Air Conditioning
Water
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Den
Separate Room
8.5 x 6.99ft
Living
Combined with Dining, Combined with Kitchen, Windows Floor to Ceiling
11.78 x 15.98ft
Dining
Combined with Kitchen, Combined with Living, Open Concept
11.71 x 15.98ft
Kitchen
Built-in Appliances, Open Concept, Combined with Dining
11.78 x 15.98ft
Primary
Separate Room, Closet, Windows Floor to Ceiling
8.99 x 10.5ft
Renter's Market
Balanced
Landlord's Market
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
16,960
Average Individual Income
$62,918
Average Household Size
3 persons
Average Age
42
Average Household Income
$103,235
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
37%
Detached
30%
Semi Detached
16%
Low Rise Apartment
11%
Duplex
3%
Marital Status
Commute
Languages (Primary Language)
Other
76%
Mandarin
11%
Cantonese
7%
Tagalog
2%
Arabic
1%
Spanish
1%
Armenian
1%
Korean
1%
Education
University and Above
39%
High School
23%
College
16%
None
13%
Apprenticeship
3%
University Below Batchelor
3%
Major Field of Study
Business Management
26%
Architecture & Engineering
19%
Health & Related Fields
12%
Social Sciences
11%
Math & Computer Sciences
8%
Humanities
5%
Physical Sciences
4%
Education
3%
Visual & Performing Arts
3%
Personal, Protective & Transportation Services
2%
Building Trends At 8 Cumberland Condos
Days on Strata
Units at 8 Cumberland Condos spend an average of
44
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
5%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in Yorkville
Turnover of Units
On average, each unit is owned for
N/A
Property Value
-6%
Decrease in property value within the past twelve months
Price Ranking
9th
Highest price per SQFT out of 72 condos in the Yorkville area
Sold Units
13
Units were Sold over the past twelve months
Rented Units
182
Units were Rented over the past twelve months
Best Value Rank
8 Cumberland Condos offers the best value out of 72 condos in the Yorkville neighbourhood
?
N/A
Appreciation Rank
8 Cumberland Condos has the highest ROI out of 72 condos in the Yorkville neighbourhood
?
N/A
Rental Yield
8 Cumberland Condos yields the highest rent prices out of 72 condos in the Yorkville neighbourhood
?
N/A
High Demand
8 Cumberland Condos is the most popular building out of 72 condos in the Yorkville neighbourhood
?
N/A
Market Insights
Transaction Insights at 8 Cumberland Condos
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|---|
| Price Range | No Data | $600,000 - $660,000 | $670,000 - $675,000 | $905,000 - $1,048,888 | $1,255,000 |
| Avg. Cost Per Sqft | No Data | $1,491 | $1,273 | $1,275 | $1,123 |
| Price Range | No Data | $1,650 - $3,000 | $2,350 - $3,000 | $2,950 - $4,500 | $4,000 - $6,000 |
| Avg. Wait for Unit Availability | No Data | 140 Days | 126 Days | 56 Days | No Data |
| Avg. Wait for Unit Availability | No Data | 7 Days | 8 Days | 5 Days | 47 Days |
| Ratio of Units in Building | 1% | 27% | 26% | 41% | 4% |
Market Inventory
Total number of units listed and leased in Yorkville
