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    88 Cumberland Street & 61 Yorkville Avenue

    Minto Yorkville Park
    3for Sale
    10for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    25
    Number of Units:
    200
    Condo Completion:
    2018
    Condo Demand:
    Medium
    Unit Size Range:
    374 - 2,410 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Minto Yorkville Park

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    Amenities

    Guest Suites
    Concierge
    Security System
    Rooftop Deck
    Gym Room
    Bike Storage

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 88 Cumberland StreetMinto Yorkville Park

    After a company like Minto Developments has been in business for over 60 years, it really comes to mean something when they develop a community they are proud enough to attach their name to. A distinguished 2018 addition to the company’s roster of remarkable residential developments, the Minto Yorkville Condos is sophisticated and elegantly designed. And to top it all off, the homes at 88 Cumberland Street reside within the highly sought-after Yorkville neighbourhood.

    Designed by Page + Steele / IBI Group Architects, 88 Cumberland makes an impression with its grand 2-storey podium. The limestone and black granite façade respectfully integrates with the preserved Victorian storefronts that surround it in the Yorkville area.

    Conversely, as Minto York Park Condos’ tower rises to 25 storeys, the design evolves to new levels of contemporary aesthetics. The gracefully curved glass structure turns the tower into a stylish reflection of the vibrant and sophisticated lifestyle offered in the neighbourhood below.

    This theme persists within 88 Cumberland, where there are many top-notch amenities offered to residents. A 24-hour concierge service is ready to serve residents from inside a spectacularly ornate lobby. When residents want to work out, the fitness facilities on the 2nd floor contains everything one will need - and more. Not only is the gym fully equipped, but there are also separate change rooms and even a studio for stretching and spinning.

    Lastly, residents who are ready to host anything from intimate gatherings to lavish parties are well equipped. On the 2nd floor, they can access a dining room, a chef’s kitchen, and a fireplace lounge. Additionally, on the 7th floor, the rooftop terrace has been beautifully landscaped by Paul Ferris + Associates, resulting in a perfect gathering place for friends, family, and neighbours.

    The Suites

    Inspired by art deco themes, the designers from the IBI Group styled the Minto Yorkville Park Condos’ 200 suites with elegance and contemporary panache. This means that whether one lives in a studio that spans approximately 400 square feet, a one bedroom around 700, or a two bedroom that’s spread out over almost 1,000, each of 88 Cumberland’s residents live in a luxurious home, complementing their lavish Yorkville lifestyles.

    Accented by elements such as brass and gold details, the suites feature nothing but high-quality materials throughout. The wide planks of engineered hardwood flooring grounds the suites’ aesthetic with a timeless warmth, whereas polished stone countertops, custom cabinetry in kitchens and bathrooms, and opulent lighting makes for a posh place to call home.

    Of course, there’s much more beyond their stylish surface, with substantial sustainability features found throughout the suites as well, which aren't as prevalent in most Toronto condos for sale. Refrigerators, dishwashers and washing machines are all Energy Star rated — so efficient, in fact, that they use 30% percent less energy than standard appliances.

    While there are indeed many more features that win prospective buyers over, one rather stunning element stands out: many of the suites boast balconies or terraces, allowing residents to enjoy sightings of the many birds that live in the area. Thoughtful light pollution reducing measures and glazing are put in place as well — considerate efforts one wouldn’t always expect.

    The Neighbourhood

    At the prominent corner of Cumberland and Bellair Street, the Minto Yorkville Park Condos stand opposite the popular Village of Yorkville Park. The engaged community waited over twenty years before the city agreed to renovate this land, which stretches from Cumberland past Old York Lane.

    Fortunately, when the city finally developed the park, they did so beautifully — it’s one of the most distinctive green spaces in the city: The Village of Yorkville Park contains a crabapple orchard, a diversity of gardens, and, perhaps most popular, a gigantic billion-year-old rock that’s (somehow) super comfortable to lounge on.

    It would be a shame to talk about Yorkville without mentioning its top-of-the-line shopping. The upscale boutiques in the neighbourhood constantly have fashionistas drooling — but no matter how one feels about fabrics, the many great (and sometimes unexpectedly reasonably-priced) restaurants in the area are sure to strike up an appetite.

    Transportation

    Getting around the city is easy for those living at 88 Cumberland. In fact, when the city first developed the land for the Village of Yorkville Park in 1950, it was to make way for subway construction. Now, the land is all filled in, foundations are reset, and residences have convenient access to the subway: Bay Station is steps away from the Minto Yorkville Park Condos, with stairs to the subway accessible via Bellair.

    Lastly, for those who usually drive, the one-way flow of Yorkville’s streets is easy to get used to and helps traffic move along quickly. Furthermore, these side streets lead to major streets like Bay and Bloor, which move well within downtown toronto.

    When drivers have destinations further away, Bloor leads directly to the highway, which can often be reached in about ten minutes. One simply needs to head east on Bloor, which connects to the Don Valley Parkway right after the bridge and before Broadview Avenue.

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    3

    Listings For Sale

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    10

    Listings For Rent

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    Explore Yorkville

    10/10
    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.
    6/10
    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
    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

    Minto Yorkville Park vs The Yorkville Area

    Days on Strata

    Units at Minto Yorkville Park spend an average of
    23
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    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

    -12%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    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

    41
    Units were Rented over the past twelve months

    Best Value Rank

    Minto Yorkville Park offers the
    ?
    best value out of 57 condos in the Yorkville neighbourhood

    Appreciation Rank

    Minto Yorkville Park has the
    ?
    highest ROI out of 57 condos in the Yorkville neighbourhood

    Rental Yield

    Minto Yorkville Park yields the
    ?
    highest rent prices out of 57 condos in the Yorkville neighbourhood

    High Demand

    Minto Yorkville Park is the
    ?
    most popular building out of 57 condos in the Yorkville neighbourhood

    Transaction Insights at 88 Cumberland Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$550,000 - $675,000No Data$1,185,000 - $1,570,000No DataNo Data
    Avg. Cost Per SqftNo Data$1,288No Data$1,452No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data172 Days151 Days71 DaysNo DataNo Data
    Ratio of Units in Building1%35%24%29%8%6%

    Unit Sales vs Inventory

    Total number of units listed and sold in Yorkville