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    Toronto / Downtown / Yorkville

    308 - 188 Cumberland St

    For RentCumberland Tower Condos
    $4,400/mth
    Price Cut: $4,700
    1 Bed + 1
    1 Bath
    1 Parking
    1,200 - 1,399 SQFT
    85 Days on Strata
    Est Lease Timeframe
    19 Days

    Listing History

    Unit Highlights

    Possession Date:
    August 31, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Terrace
    Furnished:
    No
    Exposure:
    South
    Locker:
    Owned
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Forced Air

    Room Dimensions

    Dining
    Combined with Living, Windows Floor to Ceiling, Windows Floor to Ceiling
    23.52 x 15.58ft
    Kitchen
    Open Concept, Granite Counter, Built-in Appliances
    23.52 x 15.58ft
    Prim Bdrm
    Walk-in Closet, Walkout To Terrace, Laminate
    15.75 x 12.5ft

    About this Listing

    Rare Luxurious 1 Bedrm+Den(can be second bedroom),1,075Sf Interior+ a 255Sf Terrace! In A World Class Condo, Cumberland Tower. In The Heart Of Toronto's Coveted Yorkville Neighbourhood. One Of A Kind 11' 6" High Ceiling, 255 S.F. Terrace overlooking Yorkville. Huge 10'8"X7' Walk-In Closet. Den With Upgraded Premium Tempered Glass Sliding Door As Second Room. Minutes Ttc Subway, U Of T, Designer Flag Ship Shops, World Class Restaurants. 10/10 Walk Score. 24-Hr Valet Parking Service Or Direct Park To Parking. Cant be missed!

    ExtrasNew Engineered Plank Floors, Custom-Designed Kitchen Cabinetry With Stone Counters & Built-In, Integrated Miele Appliances. All Existing Appliances, Electrical Light Fixtures And All Window Coverings. Locker, Parking & Wifi Included.

    homeart realty services inc.MLS® #C9282871

    Amenities

    Concierge
    Security System
    Lap Pool
    Indoor Parking
    Gym Room
    Rec Room

    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
    39
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    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
    5.3
    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

    4
    Units were Sold over the past twelve months

    Rented Units

    56
    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$1,484$1,327No Data$1,469
    Avg. Wait for Unit Availability70 Days99 Days202 Days170 Days
    Ratio of Units in Building60%23%2%16%

    Transactions vs Inventory

    Total number of units listed and leased in Yorkville