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    Toronto / Downtown / Yorkville

    1510 - 188 Cumberland St

    For RentCumberland Tower Condos
    $4,200/mth
    Price Cut: $4,300
    2 Beds + 1
    2 Bath
    1 Parking
    800 - 899 SQFT
    22 Days on Strata
    Est Lease Timeframe
    21 Days

    Listing History

    Unit Highlights

    Possession Date:
    October 9, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Juliet Balcony
    Furnished:
    No
    Exposure:
    South West
    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
    Fan Coil

    Room Dimensions

    Living
    Laminate, Juliette Balcony, Open Concept
    21 x 12.5ft
    Dining
    Windows Floor to Ceiling, Laminate, Laminate
    21 x 12.5ft
    Kitchen
    Stone Counter, Breakfast Bar, Built-in Appliances
    8.99 x 8.01ft

    About this Listing

    Location! Location! Location! 4-Year-New Luxury Condo Building In The Heart Of The Most Prestigious Yorkville Neighbourhood. Include 1 Parking & 1 Locker. Upscale Lifestyle, Famous Fashion Shops, Fine Dinning, Cafes, All At Your Door Steps. Walk To Two Subway Lines: Bay & Museum Stations. This Luxury 2 Bedrooms + Den Unit Offers Expansive Wall To Wall & Floor To Ceiling Windows, Custom-Designed Kitchen Cabinetry With Stone Counters. Very Bright & Spacious. 24 Hours Concierge/Security & Luxury Recreational Facilities. Free Valet Parking Service Available For Residents.

    homelife landmark realty inc.MLS® #C9388514

    Amenities

    Security System
    Indoor Parking
    Media Room
    Concierge
    Party 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
    40
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    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
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    5th
    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

    57
    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$580,000$698,800No DataNo Data
    Avg. Cost Per Sqft$1,423$1,327No DataNo Data
    Avg. Wait for Unit Availability68 Days99 Days202 Days120 Days
    Ratio of Units in Building60%23%2%16%

    Transactions vs Inventory

    Total number of units listed and leased in Yorkville