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Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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Home/8 Cumberland Condos/Bay

Bay

Available36 rental

$747,990

$1,333/sq ft

2 Bed·1.0 Bath·561 sq ft·South·$1,333/sq ft

Bedrooms

2 Bed

Bathrooms

1.0

Size

561 sq ft

Exposure

South

1 / 3Next: Hazelton
Bay Floor Plan at 8 Cumberland Condos - 561 sq.ft
Click to enlarge

Floor Range: 7-50 | Unit Number: 05

Price History

$499K$646K$792K$939K$1.1MJul 16Nov 20Oct 25

Launch Price

$498,990

$889/sq ft

Jul 20, 2016

Current Price

$747,990

$1,333/sq ft

▲$249,000 (+49.9%)

Comparable Listings Nearby

Beta

Similar 2 Bed condo units nearby

For Sale6 listings
8 Cumberland Street, Unit 4103For SaleStrong Match

$799,000

8 Cumberland Street, Unit 4103

2 Bed2 Bath700-799 sqft
<0.1 km·27d on mkt
1 Yorkville Avenue, Unit 4202For SaleStrong Match

$939,000

1 Yorkville Avenue, Unit 4202

2 Bed2 Bath600-699 sqft
<0.1 km·3d on mkt
8 Cumberland Street, Unit 1602For SaleStrong Match

$1,040,000

8 Cumberland Street, Unit 1602

2 Bed2 Bath700-799 sqft
<0.1 km·9d on mkt
8 Cumberland Street, Unit 4202For SaleStrong Match

$888,000

8 Cumberland Street, Unit 4202

2 Bed2 Bath700-799 sqft
<0.1 km·Built 2023·26d on mkt
771 Yonge Street, Unit 1908For SaleStrong Match

$879,000

771 Yonge Street, Unit 1908

2 Bed2 Bath600-699 sqft
<0.1 km·58d on mkt
771 Yonge Street, Unit 1906For SaleStrong Match

$800,000

771 Yonge Street, Unit 1906

2 Bed2 Bath700-799 sqft
<0.1 km·8d on mkt
For Rent6 listings
8 Cumberland Street, Unit 4504For LeaseStrong Match

$2,575/mo

8 Cumberland Street, Unit 4504

2 Bed1 Bath500-599 sqft
<0.1 km·Built 2023·4d on mkt
8 Cumberland Street, Unit 4004For LeaseStrong Match

$2,800/mo

8 Cumberland Street, Unit 4004

2 Bed1 Bath500-599 sqft
<0.1 km·Built 2023·2d on mkt
8 Cumberland Street, Unit 4604For LeaseStrong Match

$2,950/mo

8 Cumberland Street, Unit 4604

2 Bed1 Bath500-599 sqft
<0.1 km·4d on mkt
8 Cumberland Street, Unit 4404For LeaseStrong Match

$2,950/mo

8 Cumberland Street, Unit 4404

2 Bed1 Bath500-599 sqft
<0.1 km·6d on mkt
8 Cumberland Street, Unit 4504For LeaseStrong Match

$2,999/mo

8 Cumberland Street, Unit 4504

2 Bed1 Bath500-599 sqft
<0.1 km·10d on mkt
8 Cumberland Street, Unit 4404For LeaseStrong Match

$2,999/mo

8 Cumberland Street, Unit 4404

2 Bed1 Bath500-599 sqft
<0.1 km·8d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $747,990

(10% + 5%) 5% On Signing Balance to 5% - Occupancy

MilestoneRateAmountCumulativeDue Date
5% On Signing5%$37,400$37,400On Signing
Balance to 5% - OccupancyBalance to 5%$0$37,400At Occupancy
Total Deposit5.0%$37,400

561 sq ft × $0.81/sq ft = $454/mo

Add-ons

Monthly Mortgage (P&I)$3,172
Property Tax (est.)$405
Maintenance Fees$454
Total Monthly Cost$4,031
Est. Rental IncomeBeta−$2,725
Net Monthly Cost−$1,306

Down payment: $149,598 (20%) · Mortgage: $598,392

Estimates only. Property tax rate: 0.65%. Actual rates may vary. Consult a mortgage professional for accurate figures.

Rental estimate based on median of nearby comparable units (beta).

Resale MarketLive MLS
Est. Rent (36)$2,725/mo
Est. Gross Yield4.4%

Active MLS Listings — Same Unit Type

8 Cumberland Street, Unit 2905Lease

$2,200/mo

8 Cumberland Street, Unit 2905

1 Bed + Den4d on mkt
8 Cumberland Street, Unit 2905Lease

$2,200/mo

8 Cumberland Street, Unit 2905

1 Bed3d on mkt
8 Cumberland Street, Unit 3605Lease

$2,250/mo

8 Cumberland Street, Unit 3605

1 Bed + Den4d on mkt
8 Cumberland Street, Unit 3905Lease

$2,325/mo

8 Cumberland Street, Unit 3905

1 Bed3d on mkt
8 Cumberland Street, Unit 3105Lease

$2,350/mo

8 Cumberland Street, Unit 3105

1 Bed28d on mkt
8 Cumberland Street, Unit 2305Lease

$2,380/mo

8 Cumberland Street, Unit 2305

1 Bed + Den41d on mkt
8 Cumberland Street, Unit 3905Lease

$2,400/mo

8 Cumberland Street, Unit 3905

1 Bed + Den3d on mkt
8 Cumberland Street, Unit 1005Lease

$2,400/mo

8 Cumberland Street, Unit 1005

1 Bed + Den4d on mkt
8 Cumberland Street, Unit 2505Lease

$2,400/mo

8 Cumberland Street, Unit 2505

1 Bed10d on mkt
8 Cumberland Street, Unit 905Lease

$2,400/mo

8 Cumberland Street, Unit 905

1 Bed + Den5d on mkt
8 Cumberland Street, Unit 4005Lease

$2,400/mo

8 Cumberland Street, Unit 4005

1 Bed + Den30d on mkt
8 Cumberland Street, Unit 2505Lease

$2,480/mo

8 Cumberland Street, Unit 2505

1 Bed + Den28d on mkt
8 Cumberland Street, Unit 1105Lease

$2,480/mo

8 Cumberland Street, Unit 1105

1 Bed + Den49d on mkt
Lease

$2,480/mo

8 Cumberland Street, Unit 3705

1 Bed19d on mkt
8 Cumberland Street, Unit 1305Lease

$2,495/mo

8 Cumberland Street, Unit 1305

1 Bed + Den6d on mkt
8 Cumberland Street, Unit 3905Lease

$2,500/mo

8 Cumberland Street, Unit 3905

1 Bed33d on mkt
8 Cumberland Street, Unit 2705Lease

$2,500/mo

8 Cumberland Street, Unit 2705

1 Bed47d on mkt
8 Cumberland Street, Unit 2605Lease

$2,500/mo

8 Cumberland Street, Unit 2605

1 Bed + Den4d on mkt
Lease

$2,500/mo

8 Cumberland Street, Unit 4005

1 Bed + Den1d on mkt
8 Cumberland Street, Unit 2805Lease

$2,500/mo

8 Cumberland Street, Unit 2805

1 Bed42d on mkt
8 Cumberland Street, Unit 2205Lease

$2,500/mo

8 Cumberland Street, Unit 2205

1 Bed12d on mkt
8 Cumberland Street, Unit 1905Lease

$2,550/mo

8 Cumberland Street, Unit 1905

1 Bed + Den4d on mkt
8 Cumberland Street, Unit 2705Lease

$2,600/mo

8 Cumberland Street, Unit 2705

1 Bed + Den9d on mkt
8 Cumberland Street, Unit 4105Lease

$2,600/mo

8 Cumberland Street, Unit 4105

1 Bed + Den11d on mkt
8 Cumberland Street, Unit 4205Lease

$2,600/mo

8 Cumberland Street, Unit 4205

1 Bed + Den32d on mkt
8 Cumberland Street, Unit 4405Lease

$2,600/mo

8 Cumberland Street, Unit 4405

1 Bed + Den4d on mkt
8 Cumberland Street, Unit 2505Lease

$2,600/mo

8 Cumberland Street, Unit 2505

1 Bed + Den42d on mkt
8 cumberland Street, Unit 2005Lease

$2,600/mo

8 cumberland Street, Unit 2005

1 Bed + Den43d on mkt
8 Cumberland Street, Unit 4705Lease

$2,650/mo

8 Cumberland Street, Unit 4705

1 Bed + Den6d on mkt
8 Cumberland Street, Unit 1205Lease

$2,700/mo

8 Cumberland Street, Unit 1205

1 Bed + Den23d on mkt
8 Cumberland Street, Unit 4205Lease

$2,700/mo

8 Cumberland Street, Unit 4205

1 Bed + Den26d on mkt
8 Cumberland Street, Unit 3105Lease

$2,700/mo

8 Cumberland Street, Unit 3105

1 Bed + Den5d on mkt
8 Cumberland Street, Unit 1805Lease

$2,750/mo

8 Cumberland Street, Unit 1805

1 Bed + Den105d on mkt
8 Cumberland Street, Unit 4505Lease

$2,800/mo

8 Cumberland Street, Unit 4505

1 Bed + Den2d on mkt
8 Cumberland Street, Unit 4405Lease

$2,900/mo

8 Cumberland Street, Unit 4405

1 Bed + Den9d on mkt
8 Cumberland Street, Unit 4505Lease

$3,000/mo

8 Cumberland Street, Unit 4505

1 Bed + Den16d on mkt

Recently Sold — Same Unit Type

10 sold listings available

Sign in to view sold prices, dates, and trends

Building Market

Developer
$1,433/sqft
4available
$748K–$2.1M
For Rent
$4.65/sqft
194on MLS
22 avg DOM
$2K–$3K

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