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Alex Wilson

RE/MAX Wealth Builders Alex Wilson

1251 Yonge St, Toronto, ON M4T 1W6, Canada

Phone: +1 416-652-5000

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Home/8 Cumberland Condos/Bay

Bay

Available

$747,990

$1,333/sq ft

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

Bedrooms

1 Bed + Den

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%)

Deposit Structure

Deposit breakdown for this unit priced at $747,990

(5% + 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)$3,259
Property Tax (est.)$405
Maintenance Fees$454
Total Monthly Cost$4,118

Down payment: $149,598 (20.0%) · Mortgage: $598,392

Property tax rate: 0.65%. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.

Land transfer tax on this homeRent vs ownView more calculators →

Book a Consultation

Schedule a call or meeting to discuss Bay.

Submit a Worksheet
Resale MarketLive MLS
Developer Price$747,990
Est. Resale$560,000
Market vs Developer-25%(below)
$/sqft $1,333→$1,002
Est. Rent$2,750/mo
Est. Gross Yield4.4%

Active MLS Listings — Same Unit Type

8 Cumberland Street, Unit 1505Sale

$669,000

8 Cumberland Street, Unit 1505

1 Bed + Den61d on mkt
8 Cumberland Street, Unit 1105Lease

$2,550/mo

8 Cumberland Street, Unit 1105

1 Bed + Den1d on mkt

Building Market

For Sale
$1,223/sqft
4on MLS
28 avg DOM
$669K–$1.5M
Developer
$1,433/sqft
4available
$748K–$2.1M
For Rent
$4.59/sqft
5on MLS
2 avg DOM
$3K–$4K

Comparable Listings Nearby

Beta

Similar 1 Bed + Den condo units nearby

For Sale6 listings
8 Cumberland Street, Unit 2002For SaleGood Match

$899,000

8 Cumberland Street, Unit 2002

2 Bed2 Bath700-799 sqft
<0.1 km·14d on mkt
1 Yorkville Avenue, Unit 901For SaleStrong Match

$660,000

1 Yorkville Avenue, Unit 901

1 Bed + Den2 Bath500-599 sqft
<0.1 km·17d on mkt
8 Cumberland Street, Unit 2404For SaleStrong Match

$678,888

8 Cumberland Street, Unit 2404

1 Bed + Den1 Bath500-599 sqft
<0.1 km·Built 2023·2d on mkt
1 Yorkville Avenue, Unit 4512For SaleStrong Match

$670,000

1 Yorkville Avenue, Unit 4512

1 Bed + Den2 Bath500-599 sqft
<0.1 km·14d on mkt
1 Yorkville Avenue, Unit 1208For SaleStrong Match

$798,000

1 Yorkville Avenue, Unit 1208

1 Bed + Den2 Bath600-699 sqft
<0.1 km·Built 2023·27d on mkt
11 Yorkville Avenue, Unit 2409For SaleStrong Match

$799,000

11 Yorkville Avenue, Unit 2409

1 Bed + Den1 Bath500-599 sqft
<0.1 km·Built 2023·51d on mkt
For Rent6 listings
8 Cumberland Street, Unit 2704For LeaseStrong Match

$2,699/mo

8 Cumberland Street, Unit 2704

2 Bed1 Bath500-599 sqft
<0.1 km·1d on mkt
8 Cumberland Street, Unit 703For LeaseStrong Match

$3,700/mo

8 Cumberland Street, Unit 703

2 Bed2 Bath700-799 sqft
<0.1 km·1d on mkt
8 Cumberland Street, Unit 1105For LeaseStrong Match

$2,550/mo

8 Cumberland Street, Unit 1105

1 Bed + Den1 Bath500-599 sqft
<0.1 km·Built 2023·1d on mkt
8 Cumberland Street, Unit 3504For LeaseStrong Match

$2,700/mo

8 Cumberland Street, Unit 3504

1 Bed + Den1 Bath500-599 sqft
<0.1 km·1d on mkt
11 Yorkville Avenue, Unit 1811For LeaseStrong Match

$2,850/mo

11 Yorkville Avenue, Unit 1811

1 Bed1 Bath600-699 sqft
<0.1 km·1d on mkt
771 Yonge Street W, Unit 1002For LeaseStrong Match

$2,950/mo

771 Yonge Street W, Unit 1002

1 Bed + Den2 Bath600-699 sqft
<0.1 km·1d on mkt