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    705 Cumberland Avenue

    705 Cumberland Avenue Townhomes
    0for Sale
    0for Rent

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    2
    Number of Units:
    42
    Condo Completion:
    2000
    Condo Demand:
    High
    Unit Size Range:
    849 - 1,299 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for 705 Cumberland Avenue Townhomes

    Receive listing updates for Roseland

    Amenities

    Indoor Parking
    BBQ
    Visitor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 705 Cumberland Avenue705 Cumberland Avenue Townhomes

    Located at 705 Cumberland Avenue, 705 Cumberland Avenue Townhomes is a 2-storey condo containing 42 units. These Burlington condos for sale were completed in 2000 with units starting at 849 square feet, ranging up to 1299 square feet. What makes a Roseland condo for sale most appealing is all that the neighbourhood has to offer.

    The Suites

    On average, units at 705 Cumberland Avenue sell -2.25% below the list price, and units have a low chance of receiving multiple offers (aka a “bidding war”). Units in this complex are among the most expensive in the area with an average cost per-square-foot of $683 (based on past 12 months of sales). Units typically sell with 15 days on market on average. Over the past 12 months, 4 have sold and 0 has been rented here.

    The Neighbourhood

    Residents can enjoy several great restaurants in the area. Some popular places nearby include Crisp Here, 4 Seasons Shawarma and Jusjerk Caribbean Restaurant. Need caffeine to open your eyes in the morning? No worries, Freshly Squeezed.Burlington, Starbucks and McDonald's have you covered...

    There are a number of banks within a short drive, including BMO Bank of Montreal and CIBC Branch with ATM for all your investment needs.

    705 Cumberland Avenue is just a short 3-minute drive to several green spaces like Cumberland Park, Tecumseh Park and Queensway Park.

    Those who love to shop will appreciate all the options nearby with Santa'Ville, Burlington Centre and Parking just 2 minutes from here.

    Families with older children will be happy to know that UCMAS Abacus/OBotz-Robotics can be reached by car in under 2 minutes.

    Transportation

    For transit users, the nearest light transit stop is Prospect at Cumberland and is about a 1 minute walk away.

    Anyone who isn’t sold on this development but loves the area, might want to check out 700 Dynes Road, 445-481 Woodview Road and 3333 New Street, which are similar condos in the area.

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    Explore Neighbourhood

    6/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    Unknown
    Transit
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    7,903
    Average Individual Income
    $80,997
    Average Household Size
    0 persons
    Average Age
    0
    Average Household Income
    $120,875
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    15%
    35 - 49
    19%
    50 - 64
    22%
    65+
    25%
    Household Income
    $0 - $30,000
    41%
    $30,000+
    22%
    $60,000+
    17%
    $90,000+
    11%
    $125,000+
    7%
    Housing Types & Tenancy
    Detached
    69%
    High Rise Apartment
    10%
    Semi Detached
    9%
    Low Rise Apartment
    8%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    97%
    Other
    3%
    Education
    University and Above
    30%
    High School
    27%
    College
    21%
    None
    12%
    Apprenticeship
    6%
    University Below Batchelor
    1%
    Major Field of Study
    Architecture & Engineering
    22%
    Business Management
    18%
    Health & Related Fields
    14%
    Social Sciences
    14%
    Education
    6%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Visual & Performing Arts
    4%
    Physical Sciences
    3%
    Math & Computer Sciences
    2%
    Agriculture & Natural Resources
    2%

    Days on Strata

    Units at 705 Cumberland Avenue Townhomes spend an average of
    15
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    14.4
    YEARS before being sold again

    Property Value

    21%
    Increase in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 33 condos in the Roseland area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    705 Cumberland Avenue Townhomes offers the
    ?
    best value out of 33 condos in the Roseland neighbourhood

    Appreciation Rank

    705 Cumberland Avenue Townhomes has the
    ?
    highest ROI out of 33 condos in the Roseland neighbourhood

    Rental Yield

    705 Cumberland Avenue Townhomes yields the
    ?
    highest rent prices out of 33 condos in the Roseland neighbourhood

    High Demand

    705 Cumberland Avenue Townhomes is the
    ?
    most popular building out of 33 condos in the Roseland neighbourhood

    Transaction Insights at 705 Cumberland Avenue

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$710,000$669,000 - $691,000$725,200No Data
    Avg. Cost Per SqftNo Data$842$635$681No Data
    Avg. Wait for Unit AvailabilityNo Data600 Days230 Days1427 DaysNo Data
    Ratio of Units in Building9%21%59%9%5%

    Unit Sales vs Inventory

    Total number of units listed and sold in Roseland