8 Cumberland St 301

FOR SALE
$490,000
8 Cumberland St 301, Downtown Toronto
8 Cumberland St 301
8 Cumberland St 301
8 Cumberland St 301
8 Cumberland St 301
8 Cumberland St 301
8 Cumberland St 301
8 Cumberland St 301
8 Cumberland St 301
8 Cumberland St 301
8 Cumberland St 301
8 Cumberland St 301
8 Cumberland St 301
8 Cumberland St 301
8 Cumberland St 301
8 Cumberland St 301
8 Cumberland St 301
8 Cumberland St 301
8 Cumberland St 301
8 Cumberland St 301
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0
BEDROOMS
1
BATHROOMS
1
KITCHENS
3
ROOMS
C9417027
MLSID
Contact Us
Property Description
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.
Nearby Intersections
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$4,841 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
BathroomMain4.99' x 9.35'4 Pc Bath
DiningMain4.99' x 13.98'Combined W/Kitchen
LivingMain10.33' x 11.61'
KitchenMain4.92' x 9.84'Combined W/Dining
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Cumberland St 301 is a 0-bedroom 1-bathroom condo listed for sale at $490,000, which is $111,764 (29.5%) higher than the average sold price of $378,236 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $22,091 (5.5%) compared to the previous 30 day period (November 19 - December 18) and down $54,974 (12.7%) from the same time one year ago.
Inventory Change
There were 56 0-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is up 12.0% compared with the previous 30 day period (November 19 - December 18) and up 69.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($10,643) (2.8%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,505 increase compared to the previous 30 day period (November 19 - December 18) and ($16,026) 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 0-bedroom condos in Downtown Toronto over the last 30 days (December 19 - January 17) stood at 26.8%, down from 44.0% over the previous 30 days (November 19 - December 18) and down from 57.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Downtown Toronto stood at 37 days when successfully sold over the last 30 days (December 19 - January 17), compared to 94 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Excel Titan
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