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    Toronto / Downtown / Yorkville

    2308 - 188 Cumberland St

    For RentCumberland Tower Condos
    $3,250/mth
    1 Bed + 1
    1 Bath
    1 Parking
    555 SQFT
    13 Days on Strata
    Est Lease Timeframe
    19 Days

    Listing History

    Unit Highlights

    Possession Date:
    December 10, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    None
    Furnished:
    No
    Exposure:
    South
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Built-in Appliances, Stainless Steel Appliances, Quartz Counter
    15.75 x 14.93ft
    Dining
    Backsplash, Combined with Living, Laminate
    15.75 x 14.93ft
    Living
    South View, Windows Floor to Ceiling, Laminate
    15.75 x 14.93ft

    About this Listing

    Experience the essence of elegant urban living in this fully high end furnished 1+den+parking condo located in theprestigious Cumberland Tower in Yorkville. Nestled in the heart of one of Torontos most desirable neighbourhoods, thisstunning suite is perched on the 23th floor, South facing offering breathtaking CN tower & Toronto Skyline views fromexpansive floor-to-ceiling windows. The layout is designed to maximize natural light and space, with modern finishesthroughout, high ceilings, and an open-concept living area.The sleek gourmet kitchen is perfect for both everyday livingand entertaining, featuring high-end appliances-integrated miele appliances, beautiful countertops, and plenty of prepspace. The kitchen flows seamlessly into the living area, creating a harmonious and inviting space. Internet is included.Living/dining room windows feature motorized custom blinds which are remote controlled.

    re/max epic realtyMLS® #C11887609

    Amenities

    Concierge
    Indoor Pool
    Security System
    Games Room
    Gym Room
    Lap Pool

    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
    4%
    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

    -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

    5
    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$550,000 - $580,000$698,800No Data$1,178,000
    Avg. Cost Per Sqft$1,448$1,327No Data$1,469
    Avg. Wait for Unit Availability69 Days99 Days202 Days170 Days
    Ratio of Units in Building60%23%2%16%

    Transactions vs Inventory

    Total number of units listed and leased in Yorkville