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For Sale
$1,526,000
Unit 308
MLS# C12968986188 Cumberland Street 308, Toronto, ON M5R 2G3
2bed|1bath|1000-1199sqft
1parking|1locker
Residential Condo & Other|$2002 fees|$8144 tax
142 days on market
Cumberland Tower Condos in Toronto C02
188 Cumberland Street, Toronto C02
Total Units
2
For Sale
1
For Rent
16
Sold
134
Leased
$485K
Avg Price
59
Days (Sale)
21
Days (Lease)
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Showing 1-2 of 2 properties
Property Type:
CondoNumber of Units:
Condo Demand:
HighUnit Availability:
LowNumber of Storeys:
Condo Completion:
Unit Size Range:
0 - 1,399 SQFTProperty Management:
Forest Hill Kipling 416-5514813Market Overview
For-Sale Inventory
Highest Sale (12mo)
$840K
Lowest Sale (12mo)
$421K
Median Maintenance
$748/mo
Year Built
Cumberland Tower Market
Updated Aug 20, 2026
Condos
Median sale price
$468K
Median PSF (est.)▼ 7.2%
$1120/sqft
Sold last 90 days
4
Active listings
2
Months of inventory
2.0
Avg days on market
61
Sale-to-list ratio
94.97%
Absorption rate
50.0%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 83.33% · End-user: 16.67% (from 4 sales, 20 leases)
Price reductions (90d)
Price-reduction rate: 25.00%
Avg reduction: $16,000 (3.20%)
Monthly reduction trend
2024-12: 33.3% (3 listings) · avg $36,000
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $1,120 — +16.43% vs community avg ($962)[premium]
Supply vs demand by unit type (90d)
Sample: 2 active listings · 4 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 1 active / 3 sold · mismatch -25.00%
2br: 0 active / 1 sold · mismatch -25.00%
3br: 1 active / 0 sold · mismatch +50.00%
Concession pattern by unit type (90d)
1br (9 sales) — 88.89% closed with concessions, avg 5.78% below ask
Market Intelligence
Price per sqft analysis and trends
Cumberland Tower
Sale PSF
N/A
Lease PSF
N/A
Annex
Sale PSF
$1246/sqft
18 sales
Lease PSF
$4.59/sqft/mo
5 leases
Toronto C02
Sale PSF
$1291/sqft
31 sales
Lease PSF
$4.34/sqft/mo
5 leases
Toronto
Sale PSF
$788/sqft
861 sales
Lease PSF
$3.85/sqft/mo
1 leases
Location Comparison
| Location | Sale PSF | Lease PSF | # Sales | # Leases |
|---|---|---|---|---|
Cumberland TowerThis Building | — | —/mo | — | — |
Annex | 1246 | 4.59/mo | 18 | 5 |
Toronto C02 | 1291 | 4.34/mo | 31 | 5 |
Toronto | 788 | 3.85/mo | 861 | 1 |
Green badges indicate the building is priced below the comparison area. Data from closed transactions.
Parking & Locker Values
Parkingcommunity
Purchase
N/A
Monthly Lease
$251.88/mo
Lockergeneric
Purchase
$10K
Monthly Lease
$50/mo
Data based on closed transactions. PSF = Price per Square Foot. Yields calculated as annual rent / sale price.
Amenities
BBQs Allowed
Bike Storage
Community BBQ
Concierge
Elevator
Exercise Room
Game Room
Guest Suites
Gym
Indoor Pool
Media Room
Party Room/Meeting Room
Recreation Room
Rooftop Deck/Garden
Sauna
Visitor Parking
Maintenance Fee Includes:
A/CBuilding InsuranceCommon ElementsHeatWater
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Building Reviews
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About Cumberland Tower Condos
Cumberland Tower is a premier condominium located at 188 Cumberland Street, Toronto C02. offers residents luxurious urban living with modern amenities and convenient access to the city's best dining, shopping, and entertainment options.
Currently, there are 153 units available at Cumberland Tower, with prices averaging around $485K. The building features a variety of floor plans to suit different lifestyles, from cozy studios to spacious multi-bedroom units.
Cumberland Tower stands out in Toronto C02's competitive real estate market for its prime location. Residents enjoy easy access to public transit, major highways, parks, and all essential services. The building's modern design and well-maintained facilities make it an attractive choice for both homeowners and investors.
Whether you're looking to buy, sell, or rent at Cumberland Tower, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation and market analysis.
Explore more real estate in the wider area: Annex, Toronto C02 and the Toronto area.
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