Building Details
Listing History for Cumberland Tower Condos
Amenities
Maintenance Fees
About 188 Cumberland Street — Cumberland Tower Condos
If you’re looking for a Toronto condo for sale, then Cumberland Tower Condos is a great choice. Standing 40 storeys tall at 188 Cumberland St, 21 Avenue Rd, this development provides residents with an excellent starting point to explore the Yorkville. The property was completed in 2019 by Camrost-Felcorp, and is comprised of 255 units, ranging in size from 337 to 1299 square feet.
This condo is very conveniently located, with a well above average Walk Score of 98 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees are $1.04 per-square-foot, which is significantly higher than the city average of about $0.67.
The Suites
On average, units at 188 Cumberland Street, 21 Avenue Road sell -4.88% 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 $1,401 (based on past 12 months of sales). Units typically sell with 43 days on market on average. Over the past 12 months, 3 have sold and 57 have been rented here.
The Neighbourhood
This is an excellent location for those who love to dine out, with great restaurants close by such as Morton's, Shogun Japanese Restaurant and Cibo Wine Bar Yorkville. Breakfast is the most important meal of the day for one reason: coffee. Thankfully, there are some cozy cafes close by, such as Starbucks, Gemma Gelateria and Jacked Up Coffee.
Grocery shopping can feel like a chore — but not when Whole Foods Market, Bloor Street Market and H Mart are just an easy 14-minute walk away.
Cumberland Tower Condos is a great choice for residents who are money conscious — with banks like HSBC Bank and BMO Bank of Montreal nearby.
Everyone can benefit from sunshine and Vitamin D, so you’ll love to know that Queen Alexandra Gateway, Village of Yorkville Park and Orchard Parc, Inc. are less than 7 minutes walking distance from 188 Cumberland Street, 21 Avenue Road.
Those who love to shop will appreciate all the options nearby with Cumberland Terrace, Canadian Tire and Ins Market just 15 minutes from here.
Want an experience that diverges from the usual pubs and bars? How does having Blueprint DNA Inc, HKH Gallery & Collectibles and Jutras' Art Gallery within walking distance sound? Cineforum is just a short drive away for movie nights.
There are plenty of nearby school choices — da Vinci School, Westside Montessori School and King Edward Junior and Senior Public School — with more in neighbouring areas so you can find the best school for your child’s needs. If you're open to commuting, a quick transit ride offers even more options, including Harbord Collegiate Institute.
Transportation
With a 98 walk score, public transit users can reach the nearest light transit stop at Avenue Rd At Bloor St West North Side in just minutes. Residents have access to the subway stop at Bay, which is only 6 minutes walking distance from the building.
If you’re interested in checking out other similar condos within walking distance, you might like 1 Benvenuto Place, 175 Cumberland Street and 155 Yorkville Avenue.
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Price Cut: $250 (Oct 17)
Price Cut: $300 (Sep 22)
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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.
Price Trends
Maintenance Fees
Building Trends At Cumberland Tower Condos
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 188 Cumberland Street
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
---|---|---|---|---|
Price Range | $550,000 - $580,000 | $698,800 | No Data | No Data |
Avg. Cost Per Sqft | $1,484 | $1,327 | No Data | No Data |
Price Range | $2,150 - $3,300 | $2,450 - $3,800 | $6,900 | $4,000 - $5,600 |
Avg. Wait for Unit Availability | 70 Days | 99 Days | 202 Days | 120 Days |
Avg. Wait for Unit Availability | 8 Days | 24 Days | 994 Days | 38 Days |
Ratio of Units in Building | 60% | 23% | 2% | 16% |
Unit Sales vs Inventory
Total number of units listed and sold in Yorkville