Luxurious 1 Bedrm+Den(can be second bedroom),1,075Sf Interior+ approx 250Sf Terrace! In A World Class Condo, Cumberland Tower. In The Heart Of Toronto's Coveted Yorkville Neighbourhood. One Of A Kind 11' 6" High Ceiling, 255 S.F. Terrace overlooking Yorkville. Huge 10'8"X7' Walk-In Closet. Den With Upgraded Premium Tempered Glass Sliding Door As Second Room. Minutes Ttc Subway, U Of T, Designer Flag Ship Shops, World Class Restaurants. 10/10 Walk Score. Prem Parking spot with deed: 24-Hr Valet Parking Service Or Direct Park To Parking. Cant be missed!
1 bedroom, 1 bathroom, about 1,000 sq ft, works out to roughly $1,526 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 188 Cumberland St #308
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
1000-1199 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
188 Cumberland St #308 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C12968986$1,526,000
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$7,497
/mo
based on the purchase price of $1,526,000
$305,200 cash
$1,220,800 financed
$1,028,234 total interest
Principal54%$1,220,800
Interest46%$1,028,234
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 2–3 bed homes for sale in Toronto around $1.5M.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5194.5%On average, homes sold at or above asking.
Active listings11,931Homes for sale here right now.
Median vs prior 90 days+0.6%Compared with May 12 – Aug 10, 2026: prices up.
Based on 9,125 sales from Aug 10 – Nov 8, 2026 (7,196 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
2 for sale · 2 for rent at 188 Cumberland St — plus its sale and lease history.
188 Cumberland St #308 is listed at $1,526,000 (MLS® C12968986). Summitly updates the price as soon as the MLS® record changes.
Is $1,526,000 a good price for 188 Cumberland St #308?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 188 Cumberland St #308 changed?
No — 188 Cumberland St #308 is still listed at its original asking price of $1,526,000.
How many bedrooms and bathrooms does 188 Cumberland St #308 have?
188 Cumberland St #308 has 1 bedroom and 1 bathroom, with about 1,000–1,199 square feet of living space. It is a condo in Toronto.
How much would the monthly mortgage be on 188 Cumberland St #308?
About $7,497 a month — principal and interest on $1,526,000 with 20% down ($305,200), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 188 Cumberland St #308 compare with other homes in Toronto?
Its asking price of $1,526,000 is about 81% above the median sold price in Toronto over the last 90 days, $844,900, across 9,125 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 188 Cumberland St #308 been sold before?
Yes — Summitly has 1 earlier MLS® listing of 188 Cumberland St #308 on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 188 Cumberland St #308?
188 Cumberland St #308 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 188 Cumberland St #308 been on the market?
215 days — 188 Cumberland St #308 was listed on April 7, 2026.
What is the price per square foot of 188 Cumberland St #308?
About $1,273 to $1,526 per square foot: the asking price of $1,526,000 over the 1,000–1,199 sq ft the listing gives as its size range.
Does 188 Cumberland St #308 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
Does 188 Cumberland St #308 have a basement, and is it finished?
The listing says 188 Cumberland St #308 has no basement.
