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    Toronto / Downtown / Yorkville

    604 - 188 Cumberland St

    For SaleCumberland Tower Condos
    $1,200,000
    2 Beds + 1
    2 Bath
    1 Parking
    855 SQFT
    39 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,368/mth
    Taxes:
    $5,661 (2024)
    Cost Per Sqft:
    $1,404/sqft
    Locker:
    Owned
    Outdoor Space:
    Juliet Balcony
    Exposure:
    South East
    Possession Date:
    30/60 days
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Water
    Parking
    Building Insurance
    Excluded
    Hydro
    Heat

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Heat Pump

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    A distinguished address in the heart of vibrant Yorkville. Bright and spacious south/west corner suite with 855 square feet of interior living space. A desirable floorplan with two bedrooms+den, two full bathrooms, floor-to-ceiling windows and sleek modern finishes throughout. All furniture included! Gorgeous kitchen with integrated Miele appliances, large island and quartz counters. Primary bedroom features a walk-in closet with custom organizer, a four-piece ensuite and floor-to-ceiling windows. Cumberland Tower Condos features state-of-the-art amenities that include 24-hour concierge, indoor pool and fitness centre. Located just steps away from the Four Seasons and Hazelton Hotel, the University of Toronto, Whole Foods, fabulous dining, and public transit, this property combines convenience with peace of mind.

    Extras24-Hour Concierge, indoor lap pool + hot tub, pool side lounge, roof top garden, meditation studio + fitness room

    forest hill real estate inc.MLS® #C10424761

    Amenities

    Concierge
    Indoor Pool
    Security System
    Games Room
    Gym Room
    Lap Pool

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar Listings

    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%

    Price Trends

    Maintenance Fees

    Cumberland Tower Condos vs The Yorkville Area

    Building Trends At Cumberland Tower Condos

    Days on Strata

    Units at Cumberland Tower Condos spend an average of
    40
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Yorkville

    Turnover of Units

    On average, each unit is owned for
    5.4
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 57 condos in the Yorkville area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    57
    Units were Rented over the past twelve months

    Best Value Rank

    Cumberland Tower Condos offers the
    ?
    best value out of 57 condos in the Yorkville neighbourhood

    Appreciation Rank

    Cumberland Tower Condos has the
    ?
    highest ROI out of 57 condos in the Yorkville neighbourhood

    Rental Yield

    Cumberland Tower Condos yields the
    ?
    highest rent prices out of 57 condos in the Yorkville neighbourhood

    High Demand

    Cumberland Tower Condos is the
    ?
    most popular building out of 57 condos in the Yorkville neighbourhood

    Transaction Insights at 188 Cumberland Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$550,000 - $580,000$698,800No Data$1,178,000
    Avg. Cost Per Sqft$1,448$1,327No Data$1,469
    Avg. Wait for Unit Availability69 Days99 Days202 Days170 Days
    Ratio of Units in Building60%23%2%16%

    Transactions vs Inventory

    Total number of units listed and sold in Yorkville