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    188 Cumberland Street & 21 Avenue Road

    Cumberland Tower Condos
    6for Sale
    3for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    40
    Number of Units:
    255
    Condo Completion:
    2019
    Condo Demand:
    Low
    Unit Size Range:
    342 - 1,299 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Cumberland Tower Condos

    Receive listing updates for Yorkville

    Amenities

    Rec Room
    Visitor Parking
    Indoor Pool
    Concierge
    Games Room
    Lap Pool

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 188 Cumberland StreetCumberland Tower Condos

    If you’re looking for a Toronto condo for sale, then Cumberland Tower Condos is a great choice. Standing 40 storeys tall at 188 Cumberland St, 21 Avenue Rd, this development provides residents with an excellent starting point to explore the Yorkville. The property was completed in 2019 by Camrost-Felcorp, and is comprised of 255 units, ranging in size from 337 to 1299 square feet.

    This condo is very conveniently located, with a well above average Walk Score of 98 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees are $1.04 per-square-foot, which is significantly higher than the city average of about $0.67.

    The Suites

    On average, units at 188 Cumberland Street, 21 Avenue Road sell -4.17% below the list price, and units have a low chance of receiving multiple offers (aka a “bidding war”). Units in this complex are among the most expensive in the area with an average cost per-square-foot of $1,392 (based on past 12 months of sales). Units typically sell with 40 days on market on average. Over the past 12 months, 5 have sold and 57 have been rented here.

    The Neighbourhood

    This is an excellent location for those who love to dine out, with great restaurants close by such as Morton's, Shogun Japanese Restaurant and Cibo Wine Bar Yorkville. Breakfast is the most important meal of the day for one reason: coffee. Thankfully, there are some cozy cafes close by, such as Starbucks, Gemma Gelateria and Jacked Up Coffee.

    Grocery shopping can feel like a chore — but not when Whole Foods Market, Bloor Street Market and H Mart are just an easy 14-minute walk away.

    Cumberland Tower Condos is a great choice for residents who are money conscious — with banks like HSBC Bank and BMO Bank of Montreal nearby.

    Everyone can benefit from sunshine and Vitamin D, so you’ll love to know that Queen Alexandra Gateway, Village of Yorkville Park and Orchard Parc, Inc. are less than 7 minutes walking distance from 188 Cumberland Street, 21 Avenue Road.

    Those who love to shop will appreciate all the options nearby with Cumberland Terrace, Canadian Tire and Ins Market just 15 minutes from here.

    Want an experience that diverges from the usual pubs and bars? How does having Blueprint DNA Inc, HKH Gallery & Collectibles and Jutras' Art Gallery within walking distance sound? Cineforum is just a short drive away for movie nights.

    There are plenty of nearby school choices — da Vinci School, Westside Montessori School and King Edward Junior and Senior Public School — with more in neighbouring areas so you can find the best school for your child’s needs. If you're open to commuting, a quick transit ride offers even more options, including Harbord Collegiate Institute.

    Transportation

    With a 98 walk score, public transit users can reach the nearest light transit stop at Avenue Rd At Bloor St West North Side in just minutes. Residents have access to the subway stop at Bay, which is only 6 minutes walking distance from the building.

    If you’re interested in checking out other similar condos within walking distance, you might like 175 Cumberland Street, 155 Yorkville Avenue and 38 Avenue Road.

    Reviews for Cumberland Tower Condos

    Rahul S
    December 13 2024
    3 out of 5
    I lived here for a year, and it wasn’t a great experience. The fire alarms would go off almost weekly, and the elevators were frequently out of service. On top of that, management didn’t seem to care much about residents’ concerns, which made things even more frustrating.
    6

    Listings For Sale

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    Explore Yorkville

    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 condos

    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
    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

    56
    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%

    Unit Sales vs Inventory

    Total number of units listed and sold in Yorkville