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    1407 - 175 Cumberland St

    $1,689,0002 bds2 ba0 pk1,685 sqft
    8 Days on Strata
    $1,689,000
    2 Beds
    2 Bath
    0 Parking
    1,685 SQFT

    Listing History


    Details

    Property Type:

    Condo

    Maintenance Fees:

    $1,955/mth

    Taxes:

    $8,040 (2024)

    Cost Per Sqft:

    $1,002/sqft

    Outdoor Space:

    None

    Locker:

    None

    Exposure:

    South West

    Possession Date:

    30 days/TBA

    Amenities

    Sauna
    Indoor Parking
    Rooftop Deck
    Squash Court
    Gym
    Security System
    Visitor Parking
    Indoor Pool
    Party Room
    Rec Room
    Concierge

    About this Listing

    Welcome to Suite 1407! Sophistication and thoughtful design shape this warm and inviting home in the Iconic Renaissance Plaza. With approximately 1685 sq.ft. of meticulously designed space, this well-planned layout features an open concept kitchen creating a sensational setting ideal for hosting gatherings and entertaining guests. The rarely found, unobstructed southwest views of the world-renowned Royal Ontario Museum and the Toronto Skyline fill the expansive living and dining areas with an abundance of natural sunlight, creating a truly awe-inspiring atmosphere. This one-of-a kind home in a boutique private residence features generous principal rooms, 2 spacious bedrooms, two luxurious baths, an ensuite laundry and numerous recent updates. Indulge in exceptional service with a 24 hour concierge, valet parking, indoor pool, gym and wonderful outdoor terrace with unparalled amenities. This prestigious building is strategically situated in the heart of downtown Yorkville. Toronto's most coveted locale. Here, an array of exquisite shops and fine dining establishments await, inviting you to explore!

    ExtrasB/I kitchen SS appliances: Bosch stovetop, Porter & Charles oven, Bosch DW, Dble SS sink, b/i Thermador fridge/freezer, b/i m'wave, b/i Bosch coffee/espresso machine, b/i wine fridge, ventahood SS hood fan, all wndw cvrgs, all Elf's. New shower in 2nd bath (2023). custom b/ins in LR & DR. Marble window sills, coffered ceilings in Living Room & Dining Room, upgraded lighting in bathrooms, Primary area, living room, dining rooms, kitchen & foyer.

    forest hill real estate inc.MLS® #C12080504

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Heat
    Water
    Building Maintenance
    Building Insurance
    Not Included
    Hydro
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Radiant

    Room Dimensions

    Living

    hardwood floor, Built-in Shelves, Coffered Ceiling

    19.59 x 28.35ft

    Dining

    hardwood floor, Bay Window, Coffered Ceiling

    19.59 x 28.35ft

    Kitchen

    central vacuum, Open Concept, Built-in Appliances

    9.58 x 16.24ft

    Primary

    hardwood floor, Built-in Closet, 5 Piece Ensuite

    19.42 x 14.01ft

    2nd Bedroom

    hardwood floor, Bay Window

    16.18 x 12.24ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

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    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%


    Days on Strata

    Units at Renaissance Plaza spend an average of
    98
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    7%
    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
    16.1
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    26th
    Highest price per SQFT out of 72 condos in the Yorkville area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    6
    Units were Rented over the past twelve months

    Best Value Rank

    Renaissance Plaza offers the
    ?
    best value out of 72 condos in the Yorkville neighbourhood

    Appreciation Rank

    Renaissance Plaza has the
    ?
    highest ROI out of 72 condos in the Yorkville neighbourhood

    Rental Yield

    Renaissance Plaza yields the
    ?
    highest rent prices out of 72 condos in the Yorkville neighbourhood

    High Demand

    Renaissance Plaza is the
    ?
    most popular building out of 72 condos in the Yorkville neighbourhood

    Market Insights

    Transaction Insights at Renaissance Plaza

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$1,120,000No Data$1,520,000No DataNo DataNo Data
    Avg. Cost Per Sqft$1,011No Data$825No DataNo DataNo Data
    Avg. Wait for Unit Availability286 DaysNo Data215 Days765 Days942 DaysNo Data
    Ratio of Units in Building27%4%45%13%5%7%

    Market Inventory

    Total number of units listed and sold in Yorkville