Eight Cumberland Project Details
Eight Cumberland Condos is a stunning 51-storey luxury landmark by the award-winning Great Gulf and Phantom Developments, standing as a visual “gateway” to Toronto’s most coveted neighborhood: Yorkville. Located at the premier intersection of Yonge St and Cumberland St, the tower features a visually arresting façade of gleaming steel and luminous glass rising above a classical, century-old heritage brick Victorian podium.
Designed by the world-renowned architects Alliance, the residence offers approximately 371 to 400 luxury suites characterized by intelligent open-concept layouts. With pricing starting from $1.4 Million, Eight Cumberland offers an elite, high-altitude lifestyle in the heart of Canada’s most prestigious shopping district, where every urban convenience is within a few minutes’ walk.
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Reasons to Buy*
POPULATION INCREASE & ECONOMIC OUTLOOK
Toronto is Canada’s largest city and a primary global economic hub, currently home to over 2.7 million people and growing rapidly. Estimates indicate that Toronto will require 259,000 new homes by 2031, yet the city is only on track to deliver approximately 157,800 units. This chronic housing deficit, particularly in the elite Yorkville node, ensures that property values and rental rates remain resilient, making Eight Cumberland a high-performance asset for long-term investors.
UNRIVALED “PERFECT SCORE” CONNECTIVITY
Boasting a Walk Score of 100/100 and a Transit Score of 100/100, Eight Cumberland offers effortless access to the entire GTA. Just seconds from the Bloor-Yonge Subway Station, the city’s primary transit hub connecting Line 1 (Yonge-University) and Line 2 (Bloor-Danforth). Residents are steps from the Bay St and Bloor St buses (both 24-hour services) and nearby Bay, Wellesley, and Museum stations. Seamlessly connected to Union Station (UP Express to Pearson Airport), Billy Bishop Airport, and major highways like the DVP and 401.
LOCATION, LOCATION, LOCATION: YORKVILLE PRESTIGE
Living at 8 Cumberland Street means having the world-famous Mink Mile and cultural landmarks as your front yard. An abundance of luxurious boutiques (Hermès, Gucci, Holt Renfrew) and Michelin-recognized restaurants are an effortless stroll away. Within walking distance of the Royal Ontario Museum (ROM) and Queen’s Park. Residents are surrounded by high-end grocery stores, parks, and the city’s hottest social hotspots and bars.
STRATEGIC INVESTMENT & ACADEMIC HUB
The project is perfectly situated to serve a high-quality pool of professional and academic tenants. Minutes from the University of Toronto (St. George Campus) and Toronto Metropolitan University (formerly Ryerson), making this an excellent option for premium student rentals. Close to the 2nd largest Financial Centre in North America and one of the continent’s fastest-growing tech sectors.
REPUTABLE DEVELOPER & SUPERIOR FINISHES
Great Gulf is one of North America’s most decorated builders, with over 50 years of experience. A perennial winner of the BILD Home Builder of the Year award, Great Gulf is synonymous with architectural innovation and construction excellence. Units feature expansive floor-to-ceiling windows, elegantly constructed kitchen cabinetry, and high-quality finishes throughout, ensuring both aesthetic beauty and long-term value.
FAQ*
The combination of its Yorkville location and its proximity to the Bloor-Yonge subway interchange creates a “scarcity premium” that few other buildings can match. In 2026, as Toronto’s housing shortage intensifies, high-floor luxury units in established, developer-vetted buildings like Eight Cumberland are increasingly favored by high-net-worth tenants and corporate relocation firms. This demand supports a high ROI and makes the building one of the most liquid assets in the Midtown market.
As the project is recently completed, the remaining developer-held inventory may feature Platinum Closeout Incentives. These often include Capped Development Levies, Free Assignment Rights, and Property Management/Leasing Services. For 2026 resale buyers, the “incentive” lies in the immediate move-in readiness and the avoidance of construction risks. Selected early-bird packages for final units have also featured Extended Deposit Structures and the Right to Lease during Interim Occupancy. To secure the current promotional summary, please contact the My Investment Brokers team.
The building offers over 20,000 sq. ft. of curated facilities, including an outdoor yoga space, a pet park with a dedicated spa, and a state-of-the-art fitness auditorium. Residents also enjoy open-air alfresco dining spaces and a social lounge with a rooftop terrace. Inside, suites feature 9-ft ceilings, custom-designed kitchens with quartz countertops, and floor-to-ceiling windows that provide sweeping, unobstructed vistas of the Toronto skyline.
Eight Cumberland Quick Facts*
Developer: Great Gulf
Address: 8 Cumberland St, Toronto
Nearest Intersection: Yonge & Bloor
Pricing: Starting From $1.4 Million
Occupancy: August 2023
Storeys / Suites: 51 Storeys / 371 Suites
Suite Types: Two Bedroom – Two Bedroom + Den Suites
Suite Sizes: 717 sq ft – 1,068 sq ft
Maintenance Fees: Approx. $0.58 / sq ft (Hydro Separately Metered)
Deposit Structure: $10,000 on Signing // 5% Minus $10,000 in 30 Days // 2.5% June 15, 2023 // 5% on Occupancy
Incentives: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies, Reduced Assignment Fee (Value of $10,000, reduced to $5,000. Legal fee + HST must be paid), Leasing & Property Management Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements, Right To Lease During Occupancy
Suite Features: 9′ Smooth Ceilings; Designer Pre-Engineered Flooring; Integrated Bosch Appliances; Custom Designed Kitchen Cabinetry with Soft Close Drawers; Soaker Tub Fixed Frameless Glass Panel and more
Building Amenities: Fitness Training & Yoga Room; His & Her Steam Rooms; Party Room With Lounge Area; Games Lounge; Business Lounge; Outdoor Terrace with Hot & Cold Plunge Pools, Outdoor Dining & BBQ Area; Pet Park with access to Pet Spa
MIB Incentives*
Developer Approved Platinum VIP Brokers
Absolute First Access to Pricing and Floorplans
The Very Best Incentives & Promotions
Extended Deposit Structure
Capped Development Levies
Right of Assignment
Free Lawyer Review of your Purchase Agreement
Free Mortgage Arrangements
