8 Cumberland St 1706

FOR SALE
$1,245,000
8 Cumberland St 1706, Downtown Toronto
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
8 Cumberland St 1706
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
4
ROOMS
C9507807
MLSID
Contact Us
Property Description
Welcome To This Rare 2 Bedroom Unit With Parking Overlooking Yonge and Bloor St. This Bright and Spacious Unit Features Include Top Of The Line S/S Appliances With Quarts Countertop. Bright Open-Concept Living Space With Modern Engineered Hardwood Floors Throughout. A Beautiful Brand New Building That Offers A State Of The Art Gym, Stylish Party Room and Outdoor Garden.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-08-19 2024-10-25 67 $4,100 - Terminated
2024-08-23 2024-10-08 46 $1,295,000 - Terminated
Nearby Intersections
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$5,050 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (P3)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat22.18' x 10.63'Hardwood Floor, Open Concept, Window
DiningFlat22.18' x 10.63'Hardwood Floor, Open Concept, Pot Lights
KitchenFlat22.18' x 10.63'Hardwood Floor, Open Concept, Pot Lights
Prim BdrmFlat9.09' x 10.93'Hardwood Floor, W/I Closet, 3 Pc Ensuite
2nd BrFlat10.50' x 10.93'Hardwood Floor, Window, Closet
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Cumberland St 1706 is a 2-bedroom 2-bathroom condo listed for sale at $1,245,000, which is $478,926 (62.5%) higher than the average sold price of $766,074 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $7,530 (1.0%) compared to the previous 30 day period (September 21 - October 20) and down $40,072 (5.0%) from the same time one year ago.
Inventory Change
There were 1,204 2-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 12.5% compared with the previous 30 day period (September 21 - October 20) and up 7.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($20,452) (2.7%) below asking price over the last 30 days (October 21 - November 19), which represents a $2,119 decrease compared to the previous 30 day period (September 21 - October 20) and ($21,092) more 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 21 - November 19) stood at 47.6%, up from 33.4% over the previous 30 days (September 21 - October 20) and up from 34.7% 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 (October 21 - November 19), compared to 61 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group-Admiral Realty Inc.
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