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            #507 88 Cumberland Street

            near Bay St/Bloor St W
            $1,950 1+0bdr • 1ba • 1kit • 500-599sf
            Average Income
            $73,472
            Population Age
            48 y/old
            School Score
            6.45/10
            Price Index Change 1y
            -1.26%
            Price Index Change 3y
            +2.78%
            Rent Index Change 1y
            -5.99%
            Rent Index Change 3y
            +10.51%

            Condo Apt • Apartment #507 • 5 Level

            #507 88 Cumberland Street, Annex, Toronto
            • Rooms and Bathrooms 1+0 bedr, 1 bath
            • Kitchens 1
            • area 500-599
            • garage 0.0 Undergrnd
            • exposure E
            • locker None
            • possession

              Immediately

            • 1 Year

            $1,950

            n/a

            CALCULATED NUMBERS:

            $2110

            98 Walker's Paradise

            94 Rider's Paradise

            86 Very Bikeable

            6.45/10

            Property Location Details
            • Toronto

            • Toronto

            • Annex

            • Bay St/Bloor St W

            • M5R0C8

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

            RE/MAX CONDOS PLUS CORPORATION, BROKERAGE

            Property Overview
            Brand New Never Lived In 1 Bedroom 1 Bath In The Heart Of Yorkville, Prime Location With Access To Bay Subway Station Yorkville Village, Restaurants, Cafes, Boutiques. Steps To Shopping, Dining, Ttc, Entertainment & More!
            Extras: B/I Fridge, B/I Electric Cooktop & Oven, Hood Fan, Microwave, Stacked Washer & Dryer, Kitchen Island.
            Property Features
            • Arts Centre
            • Hospital
            • Library
            • Park
            • Public Transit
            • School
            • Concrete
            • Concierge
            • Exercise Room
            • Gym
            • Party/Meeting Room
            • Rooftop Deck/Garden
            • Security Guard
            • Common Elements Included
            • Heat Included
            • Building Insurance Included
            • Cable TV Included
            • CAC Included
            • Fireplace/Stove
            • Furnished
            • Hydro Included
            • Parking Included
            • Private Entrance
            • Seller Property Info Statement
            • Water Included
            • Family Room
            • All Inclusive
            Rooms details
            Basement
            • None
            • Listing added to site: 2020-07-01 00:18:12
            • Last updated: 2020-07-01 00:28:06
            • Photos updated: 2020-06-30
            • Contract date: 2020-06-30
            • Input date: 2020-06-30
            • Expiry date: 2020-08-30
            • 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:

            507 88 Cumberland Street is a condo apt apartment, located in Annex of city of Toronto, Toronto region, near Bay St/Bloor St W, and has been available for lease on ITRealty since 2020-07-01. This unit is located at level 5 of the building and has East exposure of Cumberland St.

            Lot Size and Living Area:

            507 88 Cumberland Street has 4+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 500-599 square feet.
            0.0 parking space(s) are and located undergrnd at level . And there is a ensuite laundry at this condo &(type).

            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 Arts Centre, Hospital, Library, Park, Public Transit, School at, or near the property.
            AIDA has also found the following possible sellers motivation indicators: Listing Ad says Motivated Seller.

            Price & Cost Overview

            General:

            507 88 Cumberland Street condo apt is listed for $1,950.

            Comparative Market Analysis:

            There are similar 1+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $1,939.
            Visit a customized Comparative Market Analysis page for more details.

            Location Overview

            General:

            Annex, where 88 Cumberland Street is located, has $1,534,849 Home Price Index, and $3,564 Home Rent Index. Average household income at dissemination area of 88 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 $1,007,998, and average Home Rent Index $2,614.

            Similar Properties & Community Details:

            There are similar to 507 88 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 88 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 88 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 98, 94, and 86 accordingly, location of 88 Cumberland Street overall can be described as Walker's Paradise, Rider's Paradise, and Very Bikeable.

            507 88 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 (74 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 get rented?
            You may expect 17 to 21 properties like that to be sold in Annex during the next 30 days.
            Seasonal sales fluctuation is showing 26% inventory increase comparing to the average annual number, which is equvalent to 15.08 properties sold per month, and 18% increase comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 10 days, which is 21 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 23% D.O.M. increase comparing to the average annual number, which is equvalent to 25 D.O.M., and -6% decrease comparing to the last six months indicating slightly growing demand for this type of properties within this price range.
            At what price it can be sold?
            Similar properties currently sell at 1.77% below its asking price in Annex.
            The selling to asking price ratio is declining in Annex.
            This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS C4812997 Comparative Market Analysis
            507 88 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 -1.26% comparig to the City of Toronto average of +6.64%

            Price Index 3y

            Price Index change was +2.78% comparig to the City of Toronto average of +3.52%

            Rent Index 1y

            Rent Index change was -5.99% comparig to the City of Toronto average of +4.385%

            Rent Index 3y

            Rent Index change was +2.78% comparig to the City of Toronto average of +3.52%

            Walkscore

            Walkscore 98 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

            Schools and Ratings

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

            Demographics & Housing Statistics