8 Cumberland St 4002
Annex, Downtown Toronto, M4W 0B6
FOR SALE
$1,088,000
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Property Description
Assignment Sale - Stunning Rare and highly desirable Corner unit with two-bedroom, two-bathroom layout on the 40th floor! Tons of windows & natural light, floor to ceiling windows. One of the best floor plans in the building. A remarkable chance for assignment at 8 Cumberland in Yorkville by Great Gulf. With 10-foot smooth ceilings and breathtaking views, this unit is enriched with multiple builder upgrades worth thousands. Revel in the spectacular views from the 40th floor. Indulge in the ultimate luxury lifestyle Yorkville offers, just steps from the famed Mink Mile, high-end shopping, and gourmet dining. Perfectly situated for easy access to the Don Valley Parkway, Gardiner Expressway, and the 401. Perfectly situated Steps to the Bloor and University subway lines and transit.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-01-22 | 2024-02-28 | 37 | $1,220,000 | - | Terminated |
| 2023-10-26 | 2024-01-22 | 88 | $1,289,000 | - | Terminated |
Extras
Building amenities encompass a fitness center, party room, outdoor garden, and more! This practical open-concept unit showcases two bedrooms, two bathrooms, and a balcony. Enjoy the captivating northwest exposure.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.30' x 23.33' | Open Concept, W/O To Balcony, Hardwood Floor |
| Dining | Main | 10.30' x 23.33' | Hardwood Floor, Window Flr To Ceil, Open Concept |
| Kitchen | Main | 10.30' x 23.33' | Window Flr To Ceil, Stainless Steel Appl, Combined W/Dining |
| Prim Bdrm | Main | 8.69' x 11.55' | 4 Pc Ensuite, Double Closet, Window Flr To Ceil |
| 2nd Br | Main | 9.25' x 8.96' | Hardwood Floor, Sliding Doors, Double Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Cumberland St 4002 is a 2-bedroom 2-bathroom condo listed for sale at $1,088,000, which is $256,295 (30.8%) higher than the average sold price of $831,705 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $33,007 (4.1%) compared to the previous 30 day period (March 15 - April 13) and up $1,143 (0.1%) from the same time one year ago.Inventory Change
There were 1,810 2-bedroom condos listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 69.5% compared with the previous 30 day period (March 15 - April 13) and up 53.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($13,848) (1.7%) below asking price over the last 30 days (April 14 - May 13), which represents a $4,233 decrease compared to the previous 30 day period (March 15 - April 13) and ($5,131) 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 (April 14 - May 13) stood at 33.1%, down from 63.4% over the previous 30 days (March 15 - April 13) and down from 65.6% 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 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 47 days before being removed from the market upon being suspended or terminated.Listing contracted with Forest Hill Real Estate Inc.
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