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    175 Cumberland Street

    Renaissance Plaza
    2for Sale
    1for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    15
    Number of Units:
    127
    Condo Completion:
    1983
    Condo Demand:
    Low
    Unit Size Range:
    1,100 - 5,240 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Renaissance Plaza

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    Amenities

    Gym Room
    Concierge
    Visitor Parking
    Security System
    Sauna
    Indoor Pool

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 175 Cumberland StreetRenaissance Plaza

    A name like Renaissance Plaza brings certain images to mind: kings, queens, red and purple velvet. So while the Brutalist style façade of 175 Cumberland Street doesn’t necessarily fit in with this picture, it also doesn’t seem to reflect the updated homes found within.

    Built back in 1983 by (now renowned) architects Page + Steele, the 15-storey building at 175 Cumberland Street is colossal in scale. Although not tall by Toronto’s condo standards, the Renaissance Plaza is a mammoth building width-wise. For example, it may not sit right on the corner of Avenue and Bloor, but even so the building is very prominent when looking around this intersection.

    Even though the Renaissance Plaza has been around for over 30 years now, the building manages to remain relevant: Toronto Life highlighted a condo at 175 Cumberland in a 2015 article, with the title reading “newer isn’t necessarily better.”

    Set in Yorkville — an area that has seen bohemians move out and elite members of Toronto’s society move in — the Renaissance Plaza has stood the test of time.

    And while the more mature style of decor found in the lobby reflects the crowd attracted to the building and the neighbourhood at large, the amenities are fit for the modern homeowner. Residents have access to a gym with squash court, a pool and sauna, a concierge and security, a parking garage, and valet parking service.

    The Suites

    With 127 downtown Toronto condos to choose from, Toronto condos for sale here attract a wide range of prospective buyers. However, when it comes to size, condos at 175 Cumberland start large and only get larger from there: the smallest homes begin at around 1,000 and reach to approximately 4,000 square feet.

    First time buyers looking for a place for one or two will be more than pleased with the one bedroom units available; families or those who enjoy playing host will want to opt for more spacious units, such as those with three bedrooms plus a den.

    While luxurious bathrooms and separate kitchens are anything but rare at 175 Cumberland, there has clearly been lots of time for personalization over the years. Many units have been completely remade by now, some of which renovations have included removing walls, replacing flooring, and building walk-in closets. As a result, numerous homes at the Renaissance Plaza are now even better thought out than brand new condos.

    One renovation worth noting resulted in a pink, marble-clad suite that looks like it is straight out of Sofia Coppola’s Marie Antoinette, complete with a grand chandelier and gold-framed fireplace. Plus, this particular unit has an eat-in kitchen and a separate dining room.

    Other owners have chosen to favour utility in their renovations, for example with the creation of home offices, or the use of glass to brighten living spaces and add a sense of modernity.

    Penthouse suites are even more luxurious than the rest, thanks to the fact that these home boast fireplaces. And while many of the condos in the building offer pleasant views for their homeowners, certain residents benefit from being able to stare at the ROM and the infamous Michael Lee-Chin Crystal.

    The Neighbourhood

    Staring at the ROM from the comfort of your own home is fine enough, but residents of the Renaissance Plaza are also lucky enough to be able to walk over to this beloved museum whenever the mood strikes.

    When residents feel they’ve had enough, the Gardiner Museum, the Bata Shoe Museum, and the Art Museum at the University of Toronto are all just around the corner as well.

    Shopaholics and celebrity seekers alike will love spending afternoons roaming the streets of Yorkville. The prevalence of upscale boutiques and restaurants has a way of attracting the most fashionable of visitors from both Toronto and around the globe.

    Basic errands are less of a chore thanks to the close proximity to the Whole Foods Market on Avenue Road and the Market by Longo’s in the HBC Centre. Home goods can be gathered at the HomeSense on Bloor, while bibliophiles will be glad to learn about the massive Indigo located at the corner of Bay and Bloor.

    Transportation

    With its central location at Avenue Road and Bloor Street, residents can zip around the city in no time. For those who prefer to get around by car, Bloor Street can be used to reach the 427 to the west or the Don Valley Parkway to the east. A quick trip north on Avenue Road will also land drivers at the 401, while a southbound ride delivers one at the Financial District, Union Station or Lake Ontario.

    Those who prefer public transit, on the other hand, are equally in luck. St. George, Bay, and Bloor-Yonge Stations are just a short walk away, from which passengers can ride east or west along the Bloor-Danforth Line, as well as north and south on the Yonge-University-Spadina Line.

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    2

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    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 condos

    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%

    Maintenance Fees

    Renaissance Plaza vs The Yorkville Area

    Days on Strata

    Units at Renaissance Plaza spend an average of
    79
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    12%
    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
    15.9
    YEARS before being sold again

    Property Value

    -24%
    Decrease in property value within the past twelve months

    Price Ranking

    24th
    Highest price per SQFT out of 57 condos in the Yorkville area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    7
    Units were Rented over the past twelve months

    Best Value Rank

    Renaissance Plaza offers the
    ?
    best value out of 57 condos in the Yorkville neighbourhood

    Appreciation Rank

    Renaissance Plaza has the
    ?
    highest ROI out of 57 condos in the Yorkville neighbourhood

    Rental Yield

    Renaissance Plaza yields the
    ?
    highest rent prices out of 57 condos in the Yorkville neighbourhood

    High Demand

    Renaissance Plaza is the
    ?
    most popular building out of 57 condos in the Yorkville neighbourhood

    Transaction Insights at 175 Cumberland Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$1,120,000No Data$1,550,000No DataNo DataNo Data
    Avg. Cost Per Sqft$1,011No Data$1,023No DataNo DataNo Data
    Avg. Wait for Unit Availability278 Days878 Days190 Days765 Days706 DaysNo Data
    Ratio of Units in Building27%4%46%11%6%6%

    Unit Sales vs Inventory

    Total number of units listed and sold in Yorkville