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    for sale
    66 Days on Strata

    5007 - 8 Cumberland St

    8 Cumberland Condos5.0
    $1,420,000
    2 Beds
    2 Bath
    1 Parking
    918 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History

    Maintenance Fees:
    $833/mth
    Taxes:
    $2,467 (2024)
    Property Type:
    Condo
    Cost Per Sqft:
    $1,547/sqft
    Outdoor Space:
    Balcony
    Locker:
    None
    Possession Date:
    TBD
    Exposure:
    North East

    Amenities

    Indoor Parking
    Party Room
    Gym
    Concierge
    Rooftop Deck
    Amenity details for reference only. Independently verify accuracy.

    About this Listing

    Photos were taken prior to tenant move in. Introducing 8 Cumberland, a brand-new luxury condonestled in the heart of Yorkville. Just steps away from the subway, renowned restaurants likeEATALY, and premier shopping destinations. This stunning 918 sq. ft. corner unit, plus balcony, features 2 spacious bedrooms, and 2 luxurious bathrooms. Enjoy breathtaking, unobstructed northeast views of Rosedale Valley and the city from your private, oversized balcony. The building offers state-of-the-art amenities, such as a fitness and yoga studio, steam rooms, business center, pet park and spa, and an outdoor terrace with hot and cold plunge pools. Internet is included, and the location offers unbeatable walkability and transit access.

    ExtrasAll Existing ELFS and Appliances

    re/max excel realty ltd.MLS® #C12407926

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Included
    Air Conditioning
    Not Included
    Water
    Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions

    Living
    24.84 x 15.42ft
    Kitchen
    24.84 x 15.42ft
    Primary
    9.91 x 9.09ft
    2nd Bedroom
    9.91 x 9.09ft
    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

    Explore Yorkville

    Map

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    map of location
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    Walkability
    Unknown
    Transit
    Unknown
    Bikeability

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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
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    20%
    50 - 64
    20%
    65+
    19%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    26%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    4%
    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
    55
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Yorkville

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    8th
    Highest price per SQFT out of 71 condos in the Yorkville area

    Sold Units

    16
    Units were Sold over the past twelve months

    Rented Units

    116
    Units were Rented over the past twelve months

    Best Value Rank

    8 Cumberland Condos offers the
    ?
    N/A
    best value out of 71 condos in the Yorkville neighbourhood

    Appreciation Rank

    8 Cumberland Condos has the
    ?
    N/A
    highest ROI out of 71 condos in the Yorkville neighbourhood

    Rental Yield

    8 Cumberland Condos yields the
    ?
    N/A
    highest rent prices out of 71 condos in the Yorkville neighbourhood

    High Demand

    8 Cumberland Condos is the
    ?
    N/A
    most popular building out of 71 condos in the Yorkville neighbourhood

    Market Insights

    Transaction Insights at 8 Cumberland Condos

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$450,000$600,000 - $629,990$729,990 - $739,990$895,000 - $1,209,990$1,255,000 - $1,395,990
    Avg. Cost Per Sqft$1,111$1,505$1,310$1,263$1,161
    Avg. Wait for Unit AvailabilityNo Data108 Days120 Days42 Days160 Days
    Ratio of Units in Building2%27%27%42%5%

    Market Inventory

    Total number of units listed and sold in Yorkville