Search Homes/Townhomes 8 Cumberland Condos

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8 Cumberland Condos

By Great Gulf Homes

8 Cumberland St Toronto

Selling From

Jun 2016

Occupancy

Aug 2023

from $639,990 to over $1,832,990

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Average Income

$73,472

Population Age

48 y/old

School Score

6.45/10

Price Index Change 1y

-6.38%

Price Index Change 3y

-4.95%

Rent Index Change 1y

-20.52%

Rent Index Change 3y

-12.21%

8 Cumberland Condos

8 Cumberland Condos is on sale since Jul 21, 2016 8:00 AM.

Follow this project for the time-sensitive updates on prices, floor plans, new allocations and assignments.

UNIT RESERVATION FORM

Selling From:	Jul 21, 2016 8:00 AM
First Occupancy:	Aug 2023
Suites Price Range	from $639,990 to over $1,832,990
Suites Size Range	399 - 1068 sq ft
Price PSF From	$1682 per SqFt
Storeys:	51
Units:	531
Parking Details:	$169,990.00
Locker Details:	$12,000
Maintenance Fee:	$0.58 Per SqFt per Month
Floor Plans	12
Ceiling Heights	Up to 10'0"
Development Levies	1 bed/1 bed Den - $14,800 2 bed/2 bed Den - $18,800
Property Tax	1% of the price / year
Deposit Total, pct:	20%
Deposit Structure:	Deposit Structure: $10,000 On Signing, Balance To 5% In 30 Days, 5% In 180 Days, 5% In 540 Days, 5% In 720 Days,
Amenities	Barbeques, Concierge, Fitness Training; Gym, Yoga Studio, Games Room, Games Lounge, Business Lounge , Change Rooms,Outdoor Yoga Area, Outdoor Dining and BBQ Area, Lobby, Pet Park , Parking, Party Room, Pet Spa , Pool, Sauna, Outdoor Terrace on the 4th floor
Last Updated:	2021-03-07

8 Cumberland Condos Overview

THIS IS YORKVILLE

LUXURY TORONTO CONDOS

Welcome to 8 Cumberland. Luxury highrise condo living in the heart of Toronto’s most sought after location. New condominiums at Cumberland and Yonge.

Source: 8 Cumberland

8 Cumberland Condos Project Details

8 Cumberland Condos is a new condominium development by Great Gulf Homes & Phantom Developments currently under construction located at 8 Cumberland Street, Toronto in the Yorkville neighbourhood with a 100/100 walk score and a 99/100 transit score. 8 Cumberland Condos is designed by architectsAlliance and will feature interior design by Tomas Pearce Interior Design Consulting Inc.

Development is scheduled to be completed in 2023. The project is 51 storeys tall (192.6m, 632.0ft) and has a total of 371 suites ranging from 399 sq.ft to 1845 sq.ft. 8 Cumberland Condos is the # tallest condominium in and the # tallest condominium in . Suites are priced from $669,990 to $1,814,990.

8 Cumberland Condos Project Features

No detailed information is available at the moment.

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Setting a standard with an exceptional reputation, the success and achievement of Great Gulf's dedication stands with confidence. For more than thirty-five years we have proven ourselves from a well-known regional homebuilder into an international, fully integrated group of companies. Our architectural design is spectacular with an interior space that simply takes your breath away. We have adhered to the fundamental philosophy that has brought us satisfied clients throughout various communities and counties.

Consumer Incentives

Free assignment (value of $5,000); right to lease during occupancy; 2 years free maintenance fee. Development charges & levies ($15,300 for one bedroom and one bedroom plus den units; $18,800 for two bedroom and larger units). Confirmed on 01/08/2021. Subject to change without notice. Agents must confirm the presence, value & availability of incentive with vendor in advance.

Incentives from CondosDirect

Guaranteed to all buyers who have purchased a pre-construction condo or townhome with us.

2021-03-07 Project Update

Get up to $15,000 Off* on select suites at 8 Cumberland - in Yorkville,Toronto by Great Gulf Homes

Find more details about Get up to $15,000 Off* on select suites at 8 Cumberland - in Yorkville,Toronto by Great Gulf Homes at our Preconstruction/HOTLNE project updates list.

2021-02-06 Project Update

Up to 5% Commission. 1% payable in 30 days - in Yorkville,Toronto by Great Gulf Homes

Find more details about Up to 5% Commission***. 1% payable in 30 days*** - in Yorkville,Toronto by Great Gulf Homes at our Preconstruction/HOTLNE project updates list.

2021-01-21 Consumer Incentives

Available for Limited Time

Phantom Developments and Great Gulf is offering Free assignment (value of $5,000); right to lease during occupancy; 2 years free maintenance fee. Development charges & levies ($15,300 for one bedroom and one bedroom plus den units; $18,800 for two bedroom and larger units). Confirmed on 01/08/2021. Subject to change without notice. Agents must confirm the presence, value & availability of incentive with vendor in advance. for their development in Zone C2. Inventory # (ON-HGH-2032).

2021-01-16 Project Update

Last Chance to Own at 8 Cumberland with 2 Years Free Maintenance* - in Yorkville,Toronto by Great Gulf Homes

Find more details about Last Chance to Own at 8 Cumberland with 2 Years Free Maintenance* - in Yorkville,Toronto by Great Gulf Homes at our Preconstruction/HOTLNE project updates list.

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Yuriy Setko

Real Estate Broker

Right At Home Realty Investments Group Brokerage

895 Don Mills Rd #206 B2 Toronto, Ontario M3C1W3

English Russian Ukranian

Travel Times

30 min

Commute

Walking Driving Transit Cycling

0 min 60 min

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Schools

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

School	Type • Program • Language	Rating	Avg Income	Home Price Index
Jesse Ketchum Junior and Senior Public School (Grades JK-08) 61 Davenport Rd, Toronto, ON M5R 1H4, Canada	Public • Intermediate • English	Good	$66,847	$907,378
Jarvis Collegiate Institute (Grades 09-12) 495 Jarvis St, Toronto, ON M4Y 2G8, Canada	Public • Secondary • English	Average	$78,164	$933,515

Click on schools in the table above to display school boundaries on the map.

Neighborhood School Ratings

	Fraser Institute	EQAO
Lowest	3.50 / 10	56 / 100
Highest	5.40 / 10	73 / 100
Average	4.5 / 10	65 / 100

The following EQAO Ratings were used:
• Elementary Schools:
Grade 6 Reading, Writing and Mathematics
• Secondary Schools:
Grade 9 Academic Mathematics

8 Cumberland Condos Investor's Outlook Powered by AIDA

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Comparative analysis of 8 Cumberland Condos location's Walkscore, Transitscore, Bikescore and Schoolscore.

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8 Cumberland Condos Comparative Analysis Powered by AIDA

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8 Cumberland Condos Price Index vs Rent Index Chart

Price Index vs Rent Index Explained

Home Price Index of &(home_price_idx) and &(home_rent_idx) Rent Index are based on known 12 months sales history in &(community), where 8 Cumberland Condos will be built.
Both, the Home Price Index and Home Rent Index in this neighborhood are above the average among &(projects_tolal) projects.

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8 Cumberland Condos Home Appreciation vs Rent Growth 1y Chart

Home Appreciation vs Rent Growth 1y Explained

Home Appreciation of &(year_price_growth) and &(year_rent_growth) Rent change are based on known 24 months sales history in &(community), where 8 Cumberland Condos will be built.
Both, the Home Price Index and Rent Index in this neighborhood are in the lowest 25% among &(projects_tolal) projects.

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8 Cumberland Condos Home Appreciation vs Rent Growth 3y Chart

Home Appreciation vs Rent Growth 3y Explained

Price Appreciation of &(year_price_growth) and &(year_rent_growth) Rent change are based on known 4 years sales history in &(community), where 8 Cumberland Condos will be built.
The Home Price Appreciation in this neighborhood is slightly below the average among &(projects_tolal) projects. And the Rent Demand is in the lowest 25%.

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Walkscore vs Transitscore Chart

Walkscore vs Transitscore Explained

Walkscore of &(walkscore) and &(transitscore) Transitscore are calculated for the exact location of 8 Cumberland Condos project, and can be described as &(walkscore_desc) and &(transitscore_desc) accordingly.

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