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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
1 Bed, 1 Bath Condo in Toronto
Unit 905 at 188 Cumberland Street
Luxurious 1 bedroom Unit Located In The Heart Of Toronto's Most Prestigious & Vibrant Neighborhood Of Yorkville. Smooth Ceiling, Laminate Floor Thruout. Large Floor To Ceiling Windows, Designer Kitchen W Quartz C/Top & Miele Integrated Appliances. Spa-Like Bathroom W Porcelain Tiles, Frameless Glass Standing Shower & More! Steps To Luxury Flagship Stores, Rom, U Of T, Subway, Restaurants & All Other Essential Amenities!
1 bedroom, 1 bathroom, 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.Ask Zara a follow-up
Inside 188 Cumberland St #905
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
0-499 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
188 Cumberland St #905 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13886196$485,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 188 Cumberland St #905 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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
$2,383
/mo
based on the purchase price of $485,000
$97,000 cash
$388,000 financed
$326,798 total interest
Principal54%$388,000
Interest46%$326,798
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
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 1–2 bed homes for sale in Toronto around $485K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4872.5%On average, homes sold at or above asking.
Active listings12,139Homes for sale here right now.
Median vs prior 90 days+2.9%Compared with Apr 15 – Jul 14, 2026: prices up.
Based on 9,741 sales from Jul 14 – Oct 12, 2026 (6,558 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
1 for sale at 188 Cumberland St — plus its sale and lease history.
188 Cumberland St #905 is listed at $485,000 (MLS® C13886196). Summitly updates the price as soon as the MLS® record changes.
Has the price of 188 Cumberland St #905 changed?
No — 188 Cumberland St #905 is still listed at its original asking price of $485,000.
How many bedrooms and bathrooms does 188 Cumberland St #905 have?
188 Cumberland St #905 has 1 bedroom and 1 bathroom, with about 0–499 square feet of living space. It is a condo in Toronto.
Is 188 Cumberland St #905 close to transit?
The nearest rapid-transit station is Bay Station (Line 2), about 320 m (about a 4-minute walk) in a straight line. Museum Station is about 340 m (about a 4-minute walk), and St. George Station is about 400 m (about a 5-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 188 Cumberland St #905?
About $2,383 a month — principal and interest on $485,000 with 20% down ($97,000), 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 #905 compare with other homes in Toronto?
Its asking price of $485,000 is about 43% below the median sold price in Toronto over the last 90 days, $849,000, across 9,741 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 #905 been sold before?
Summitly has no earlier MLS® sale or lease of 188 Cumberland St #905 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 188 Cumberland St #905?
188 Cumberland St #905 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 188 Cumberland St #905 been on the market?
1 day — 188 Cumberland St #905 was listed on October 11, 2026.
What is the price per square foot of 188 Cumberland St #905?
About $972 per square foot: the asking price of $485,000 over the 0–499 sq ft the listing gives.
Does 188 Cumberland St #905 have a basement, and is it finished?
The listing says 188 Cumberland St #905 has no basement.
What is the land transfer tax on 188 Cumberland St #905?
About $12,350 at the asking price of $485,000: $6,175 Ontario land transfer tax plus $6,175 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
