Eight Cumberland — Rental Market Data

Eight Cumberland has two units actively listed as of August 31, 2026, with asking rents ranging from $2,550 to $3,600 per month and an average of $3,075 per month. The median asking rent is also $3,075 per month, and the two suites average 650 square feet at a blended asking rate of $4.72 per square foot. Both active listings are single-transaction samples: one one-bedroom-plus-den at 550 square feet and one two-bedroom at 750 square feet, so inventory spans the compact entry-level tier through a multi-bedroom executive layout with no intermediate bedroom count available.

The dominant active layout at Eight Cumberland is the one-bedroom-plus-den, accounting for one of two listings and a 50 percent share of available inventory. That single unit asks $2,550 per month across 550 square feet at $4.64 per square foot, while the remaining 50 percent is a two-bedroom suite asking $3,600 per month across 750 square feet at $4.80 per square foot. With only one unit in each tier, renters have no volume to compare within a bedroom category and should treat each listing as an individual deal rather than a market-rate sample.

Eight Cumberland's two active listings span a $1,050-per-month spread, from a $2,550 entry point to a $3,600 peak, representing a 41.2 percent range. The median asking rent sits at $3,075 per month. The entry-level suite is a one-bedroom-plus-den at 550 square feet priced at $4.64 per square foot, while the peak listing is a two-bedroom at 750 square feet asking $4.80 per square foot, a $0.16-per-square-foot premium for the additional bedroom and 200 square feet of extra space.

Eight Cumberland's active den premium and the associated square-footage delta cannot be reliably quantified from the current two-listing sample, as no paired den-versus-non-den comparison exists in the active inventory. Marginal cost per square foot for the extra den space is therefore uncalculable at this time. Active parking stall premiums also cannot be reliably isolated; the available data reflects an anomalous outlier or insufficient paired sample, and no verified monthly parking add-on figure can be quoted for either active listing.

Eight Cumberland's active asking rent of $3,075 per month and $4.72 per square foot both trail the Bloor-Yorkville submarket asking benchmarks of $4,743 per month and $5.83 per square foot. The building's per-square-foot rate is 19 percent below the submarket asking average, a gap that persists even after accounting for the slightly larger 650-square-foot average suite size versus the submarket norm. Eight Cumberland currently represents two out of 100 available listings in the Bloor-Yorkville submarket, or two percent of total active inventory.

Eight Cumberland's average realized lease rent of $2,940 per month sits $314 below the four-comp benchmark of $3,254, with the spread widening or narrowing depending on the specific competitor. Against 11 YV at 11 Yorkville Ave (0.05 km, 101 closed leases, $3,409 average rent, $5.37 per square foot, 638 square feet), the subject trades at a $469-per-month discount. No. 1 Yorkville at 1 Yorkville Ave (0.05 km, 75 closed leases, $3,109 average rent, $5.15 per square foot, 613 square feet) shows a $169-per-month gap in the subject's favour. Adagio at 771 Yonge St (0.07 km, 23 closed leases, $2,710 average rent, $4.90 per square foot, 565 square feet) is the one competitor where the subject commands a higher monthly rent—$230 more than Adagio's realized average. Finally, 18 Yorkville at 18 Yorkville Ave (0.09 km, 7 closed leases, $3,789 average rent, $4.97 per square foot, 758 square feet) carries the widest spread, with the subject's rent $849 lower than that 2006-era tower.

Eight Cumberland leases at $4.76 per square foot across an average 625-square-foot suite, a rate that undercuts the submarket benchmark of $4.92 per square foot and sits below every one of the four active competitors on a per-square-foot basis. Against 11 YV ($5.37 per square foot, 638 square feet), the subject offers a $0.61-per-square-foot discount while providing 13 fewer interior square feet, so the lower nominal rent reflects both a smaller footprint and a more competitive rate. Versus No. 1 Yorkville ($5.15 per square foot, 613 square feet), the subject trades at a $0.39-per-square-foot discount yet delivers 12 more interior square feet, meaning the $169-per-month rent advantage is driven entirely by the lower rate rather than a space trade-off. Against Adagio ($4.90 per square foot, 565 square feet), the subject's $230-per-month premium is a footprint effect: the building provides 60 more interior square feet at only a $0.14-per-square-foot discount, so the higher total rent reflects additional space rather than a rate premium. With 18 Yorkville ($4.97 per square foot, 758 square feet), the subject trades at a $0.21-per-square-foot discount while providing 133 fewer interior square feet, and the $849-per-month rent gap is a function of that substantially larger competitor footprint.

Eight Cumberland fields a 12-item amenity suite anchored by an outdoor pool, yoga studio, sauna and steam room, dog run with pet wash station, and a rooftop terrace with BBQ area—positioning it as a mid-tier lifestyle package in a pocket where two competitors offer indoor aquatic facilities the subject lacks. Against 11 YV (11 Yorkville Ave), the subject is missing an indoor pool, hot tub and jacuzzi, dining room and kitchen, media and theatre room, and kids' play room, but offers a dedicated yoga studio and dog run that 11 YV does not list. No. 1 Yorkville (1 Yorkville Ave) extends its wellness offering with spin, pilates, dance, CrossFit, aqua massage, and a wading pool—features absent from Eight Cumberland—while the subject counters with a pet wash station and dog run that No. 1 Yorkville omits. Adagio (771 Yonge St) is the leanest amenity set in the group, lacking a sauna, games room, BBQ area, outdoor pool, and dog run that Eight Cumberland provides. The 2006-era 18 Yorkville (18 Yorkville Ave) offers a treatment room, spin studio, and dining room not found at the subject, but omits the outdoor pool, yoga studio, business centre, dog run, and pet wash station. The package best serves young professionals and pet-owning tenants who prioritize outdoor recreation, structured fitness, and pet-friendly infrastructure over indoor aquatic or extensive wellness-studio offerings.