Development Details

Developer:

Great Gulf and Phantom Developments

Expected Completion Date:

September 2021

VIP Launch Date:

September 2016

Location:

Yonge and Bloor (Yorkville)

Number of Units:

414

Number of Storeys:

51

Starting Price:

Low $400s

Average Price Per SQFT:

$881

Range of Unit Sizes:

468 - 1068 Sq.Ft

Amenities:

13,000 Sq.Ft of indoor and outdoor amenities, including BBQ Area, Pool, Fitness Centre and more

Last Updated: February 6, 2017

About The Development

8 Cumberland is a combined effort from two of Toronto’s leading developers, Great Gulf and Phantom Developments. Situated at Yonge and Bloor, 8 Cumberland is well located at the heart of the city. As part of the affluent neighbourhood of Yorkville, 8 Cumberland is just a few step away from high end retailers and the city’s finest restaurants and bars. Yorkville offers shoppers premier retailers such as Prada, Gucci, Burberry, Louis Vuitton, Dolce and Gabbana, Chanel, Tiffany & Co. and many other luxury brands. There are also over 164 restaurants and bars, some of which you might sight a celebrity or two enjoying dinner.

Founded in 1830, Yorkville is contained within the Bloor St to the south, Davenport Rd to the north, Yonge St to the east and Avenue Rd to the west. It’s made up of many small streets lined with boutique shops that offer unique experiences with major retailers located along Bloor St West. Visitors can also get a good nights rest in one of Yorkville’s luxury hotels which include Four Seasons, Park Hyatt, Hazleton Hotel, Windsor Arms Hotel, Residence On Bay, Toronto Marriott Bloor Yorkville Hotel and InterContinental Toronto Yorkville.

Yorkville is like the Upper East Side in Manhattan, 8 Cumberland is in the heart of this vibrant affluent neighbourhood.

Yorkville has seen a lot of growth over the years but is still mostly dominated by larger more expensive condominiums. 8 Cumberland offers buyers a wide range of suite options starting in the low $400s. The first three floors will feature retail space, with floors 4 and 5 hosting amenities. Great Gulf and Phantom always deliver great features and finishes but buyers can expect even greater appeal at 8 Cumberland.

A lack of rental supply makes Yorkville an attractive investment opportunity. With the city’s financial district just steps away at Bay Street, investor’s are likely to gain quality tenants willing to pay a premium rental rates to live in one of the city’s most popular neighbourhoods.

Discover more on what Yorkville has to offer at www.bloor-yorkville.com

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ARUNAN KUVEN, BROKER
p: 416.587.3485
e: info@condogeek.ca

RIGHT AT HOME REALTY INC., BROKERAGE
1396 Don Mills Road B121
Toronto, Ontario, M3B 0A7
o: 416.391.3232

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