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    1903 - 188 Cumberland St

    For RentCumberland Tower Condos
    $3,000/mth
    Price Cut: $3,250
    1 Bed + 1
    1 Bath
    0 Parking
    500 - 599 SQFT
    70 Days on Strata
    Est Lease Timeframe
    19 Days

    Listing History

    Unit Highlights

    Possession Date:
    December 1, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    None
    Furnished:
    Yes
    Exposure:
    East
    Locker:
    None
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Building Maintenance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Bedroom
    Window, Laminate, Closet
    11.29 x 9.19ft
    Den
    Laminate
    5.71 x 6.23ft
    Dining
    Combined with Living, Laminate
    16.27 x 9.25ft

    About this Listing

    Experience the essence of elegant urban living in this fully furnished 1-bedroom, 1-bathroom condo located in the prestigious Cumberland Tower in Yorkville. Nestled in the heart of one of Torontos most desirable neighbourhoods, this stunning suite is perched on the 19th floor, offering breathtaking city views from expansive floor-to-ceiling windows. The layout is designed to maximize natural light and space, with modern finishes throughout, high ceilings, and an open-concept living area.The sleek gourmet kitchen is perfect for both everyday living and entertaining, featuring high-end appliances, beautiful countertops, and plenty of prep space. The kitchen flows seamlessly into the living area, creating a harmonious and inviting space. The serene bedroom offers ample closet space and the bathroom is fitted with contemporary fixtures and a sleek design. The building itself offers a range of premium amenities, including a state-of-the-art fitness centre, a relaxing Jacuzzi and spa, an indoor pool, and a stunning rooftop terrace with BBQ facilities, perfect for enjoying summer evenings. A 24-hour concierge is available to assist with your needs, ensuring a stress-free living experience. Located at 188 Cumberland Street, this building by Camrost-Felcorp is an iconic part of the Yorkville's skyline. With 255 suites spread over 25 storeys, Cumberland Tower offers a lifestyle defined by both comfort and convenience. Residents can enjoy easy access to world-class shopping, fine dining, and cultural landmarks just steps from the front door. The building is also well-serviced by public transit, with Bloor-Yonge subway station and key bus routes just minutes away, providing quick access to the rest of Toronto. Whether you're looking for the perfect executive rental or a luxurious pied-a-terre in the heart of Toronto, this beautifully furnished condo is the ideal place to call home.

    re/max hallmark realty ltd.MLS® #C9350362


    Amenities

    Indoor Pool
    Games Room
    Party Room
    BBQs Allowed
    Media Room
    Indoor Parking

    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!

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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.

    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

    Cumberland Tower Condos vs The Yorkville Area

    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

    55
    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