Maintenance Fees
8 Cumberland Condos vs The Yorkville Area
$490,000Studio1 ba0 pk483 sqft
For Sale8 Cumberland Condos
5.0
58 Days on Strata
$490,000
Studio
1 Bath
0 Parking
483 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$343/mth
Taxes:
$4,841 (2024)
Cost Per Sqft:
$1,014/sqft
Outdoor Space:
None
Locker:
None
Exposure:
East
Possession Date:
To Be Arranged
Amenities
Party Room
Concierge
Rooftop Deck
Indoor Parking
BBQs Allowed
Gym
Outdoor Pool
About this Listing
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.
ExtrasB/I Fridge, Stove, B/I Dishwasher, Microwave, Stacked Washer/Dryer.
re/max excel titanMLS® #C11965794
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
Gas
Heating
Forced Air
Room Dimensions
Bathroom
4 Piece Bath
9.35 x 4.99ft
Dining
Combined with Kitchen
13.98 x 4.99ft
Living
11.61 x 10.34ft
Kitchen
Combined with Dining
9.84 x 4.92ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
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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 sold in Yorkville
