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              #2507 188 Cumberland Street

              near Avenue Rd. / Bloor St. W
              $598,000 1+0bdr • 1ba • 1kit • 0-499sf
              Average Income
              $73,472
              Population Age
              48 y/old
              School Score
              6.45/10
              Price Index Change 1y
              -6.23%
              Price Index Change 3y
              -4.54%
              Rent Index Change 1y
              -17.75%
              Rent Index Change 3y
              -7.38%

              Condo Apt • Apartment #2507 • 25 Level

              #2507 188 Cumberland Street, Annex, Toronto
              • Rooms and Bathrooms 1+0 bedr, 1 bath
              • Kitchens 1
              • area 0-499
              • garage 1.0 Undergrnd
              • exposure S
              • age n/a
              • locker None
              • possession

                Flex

              $598,000

              $2,247.99
              Tax yr: 2020

              $387.96/m

              CALCULATED NUMBERS:

              $2244.00

              calculator

              $1902

              3

              97 Walker's Paradise

              94 Rider's Paradise

              98 Biker's Paradise

              6.45/10

              Location Details
              • Toronto

              • Toronto

              • Annex

              • Avenue Rd. / Bloor St. W

              • M5R2G3

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              KELLER WILLIAMS NEIGHBOURHOOD REALTY, BROKERAGE

              Property Overview
              Yorkville's Finest! Leave Your Car With The Valet And Step Into This Designer Finished Never Lived In Unit. Perfect As A Pied-A-Terre, Furnished Rental Or Investment Property In The Heart Of Yorkville. All The Best Shops, Transit, Wholefoods, Barry's, Equinox, Stk, Museums, Hotels, Hospital And U Of T At Your Doorstep. High End Amenities Including Pool. Newly Completed Bulding And Rare Valet Parking. Custom Millwork In All Closets, Lake View.
              Extras: Exclusive Valet Parking Spot, Great For Airbnb, Investment, Student Rental. Miele Stove, Fridge, Cooktop, Hoodfan&Dishwasher. Bloomberg Washer & Dryer. Includes $35K Spent On Furnishings & Decor. 470 Sqft Per Builder Plans
              Property Features
              • Library
              • Public Transit
              • Concrete
              • Concierge
              • Exercise Room
              • Gym
              • Indoor Pool
              • Rooftop Deck/Garden
              • Visitor Parking
              • Common Elements Included
              • Elevator
              • Ensuite Laundry
              • Building Insurance Included
              • Parking Included
              • Condo Taxes Included
              • Fireplace/Stove
              • Heat Included
              • Hydro Included
              • Seller Property Info Statement
              • Water Included
              • Family Room
              • Cable TV Included
              • CAC Included
              • Central Vac
              Rooms details
              Living
              • Main Level
              • Window Flr To Ceil
              • Open Concept
              • South View
              • Size 4.80x4.55
              Kitchen
              • Main Level
              • Quartz Counter
              • B/I Appliances
              • Undermount Sink
              • Size 4.80x4.55
              Master
              • Main Level
              • Closet
              • Sliding Doors
              • Ensuite Bath
              • Size 3.10x2.97
              Basement
              • None
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              • Listing added to site: 2020-11-19 01:05:20
              • Last updated: 2020-11-23 17:12:18
              • Photos updated: 2020-11-20
              • Contract date: 2020-11-19
              • Input date: 2020-11-19
              • Expiry date: 2021-01-31
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
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              Travel Times, Streetview, Walkscore
              Listing Overview

              General:

              2507 188 Cumberland Street is a condo apt apartment, located in Annex of city of Toronto, Toronto region, near Avenue Rd. / Bloor St. W, and has been available for sale on CondosDirect since 2020-11-19. This unit is located at level 25 of the building and has South exposure of Cumberland St. Condo registry office is TSCC, corporation number 2783.

              Lot Size and Living Area:

              2507 188 Cumberland Street has 3+0 rooms in total, including 1+0 bedroms, 1 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 0-499 square feet.
              1.0 parking space(s) are owned and located undergrnd at level Valet . An ensuite laundry is available at the unit.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:

              This condo is featuring Library, Public Transit at, or near the property.
              AIDA has also identified the following listing features: Income Potential.

              Price & Cost Overview

              General:

              2507 188 Cumberland Street condo apt is listed for $598,000. Property tax for year 2020 was $2,248. And the monthly maintenance fee was $388.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,244, and total expenses, including the mortgage, property tax and maintenance, fee around $2,464, assuming $598,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 2507 188 Cumberland Street, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Annex, where 188 Cumberland Street is located, has $1,513,713 Home Price Index, and $3,063 Home Rent Index. Average household income at dissemination area of 188 Cumberland Street is $73,472, and average polulation age is 48 years old.
              Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,059,664, and average Home Rent Index $2,569.

              Similar Properties & Community Details:

              There are similar to 2507 188 Cumberland Street 1 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 188 Cumberland Street.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Annex neighborhood in city of Toronto.

              Schools:

              There are at least 2 school(s) located near 188 Cumberland Street, or schools, which boundaries this address belongs to with an average School Score 6.45 out of 10. Here are more details about these schools:
              1. Jesse Ketchum Junior and Senior Public School (Grades JK-08), Public, Intermediate, ranked as Good.
              2. Jarvis Collegiate Institute (Grades 09-12), Public, Secondary, ranked as Average.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 97, 94, and 98 accordingly, location of 188 Cumberland Street overall can be described as Walker's Paradise, Rider's Paradise, and Biker's Paradise.

              2507 188 Cumberland Street Listings History Powered by AIDA
              Annex, Toronto Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Toronto Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (96 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 7 to 8 properties like that to be sold in Annex during the next 30 days.
              Seasonal sales fluctuation is showing 15% inventory increase comparing to the average annual number, which is equvalent to 6.67 properties sold per month, and 18% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 5 days, which is 17 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
              Seasonal sales fluctuation is showing 8% D.O.M. increase comparing to the average annual number, which is equvalent to 20 D.O.M., and -14% decrease comparing to the last six months indicating growing demand for this type of properties within this price range.
              At what price can it be sold?
              Similar properties currently sell very close to its asking price in Annex.
              The selling to asking price ratio is growing in Annex.
              This property has been on the market for less than average number of days it takes a home to sell in Annex (22.3) .
              2507 188 Cumberland Street Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Annex, Toronto, to the City of Toronto for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was -6.23% comparig to the City of Toronto average of +12.995%

              Price Index 3y

              Price Index change was -4.54% comparig to the City of Toronto average of +5.735%

              Rent Index 1y

              Rent Index change was -17.75% comparig to the City of Toronto average of +2.625%

              Rent Index 3y

              Rent Index change was -4.54% comparig to the City of Toronto average of +5.735%

              Walkscore

              Walkscore 97 out of 100 means Walker's Paradise

              Transitscore

              Transitscore 94 out of 100 means Rider's Paradise

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 6.45 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
              Use in monthly payment calculation:
              Mortgage & Financing Details

              Assuming Fixed Rate, Monthly Payments

              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

              Save mortgage settings to your profile for automated mortgage calculation on all listings. Account login required.

              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

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