Building Details
Listing History for Renaissance Plaza
Amenities
Maintenance Fees
About 175 Cumberland Street — Renaissance Plaza
A name like Renaissance Plaza brings certain images to mind: kings, queens, red and purple velvet. So while the Brutalist style façade of 175 Cumberland Street doesn’t necessarily fit in with this picture, it also doesn’t seem to reflect the updated homes found within.
Built back in 1983 by (now renowned) architects Page + Steele, the 15-storey building at 175 Cumberland Street is colossal in scale. Although not tall by Toronto’s condo standards, the Renaissance Plaza is a mammoth building width-wise. For example, it may not sit right on the corner of Avenue and Bloor, but even so the building is very prominent when looking around this intersection.
Even though the Renaissance Plaza has been around for over 30 years now, the building manages to remain relevant: Toronto Life highlighted a condo at 175 Cumberland in a 2015 article, with the title reading “newer isn’t necessarily better.”
Set in Yorkville — an area that has seen bohemians move out and elite members of Toronto’s society move in — the Renaissance Plaza has stood the test of time.
And while the more mature style of decor found in the lobby reflects the crowd attracted to the building and the neighbourhood at large, the amenities are fit for the modern homeowner. Residents have access to a gym with squash court, a pool and sauna, a concierge and security, a parking garage, and valet parking service.
The Suites
With 127 downtown Toronto condos to choose from, Toronto condos for sale here attract a wide range of prospective buyers. However, when it comes to size, condos at 175 Cumberland start large and only get larger from there: the smallest homes begin at around 1,000 and reach to approximately 4,000 square feet.
First time buyers looking for a place for one or two will be more than pleased with the one bedroom units available; families or those who enjoy playing host will want to opt for more spacious units, such as those with three bedrooms plus a den.
While luxurious bathrooms and separate kitchens are anything but rare at 175 Cumberland, there has clearly been lots of time for personalization over the years. Many units have been completely remade by now, some of which renovations have included removing walls, replacing flooring, and building walk-in closets. As a result, numerous homes at the Renaissance Plaza are now even better thought out than brand new condos.
One renovation worth noting resulted in a pink, marble-clad suite that looks like it is straight out of Sofia Coppola’s Marie Antoinette, complete with a grand chandelier and gold-framed fireplace. Plus, this particular unit has an eat-in kitchen and a separate dining room.
Other owners have chosen to favour utility in their renovations, for example with the creation of home offices, or the use of glass to brighten living spaces and add a sense of modernity.
Penthouse suites are even more luxurious than the rest, thanks to the fact that these home boast fireplaces. And while many of the condos in the building offer pleasant views for their homeowners, certain residents benefit from being able to stare at the ROM and the infamous Michael Lee-Chin Crystal.
The Neighbourhood
Staring at the ROM from the comfort of your own home is fine enough, but residents of the Renaissance Plaza are also lucky enough to be able to walk over to this beloved museum whenever the mood strikes.
When residents feel they’ve had enough, the Gardiner Museum, the Bata Shoe Museum, and the Art Museum at the University of Toronto are all just around the corner as well.
Shopaholics and celebrity seekers alike will love spending afternoons roaming the streets of Yorkville. The prevalence of upscale boutiques and restaurants has a way of attracting the most fashionable of visitors from both Toronto and around the globe.
Basic errands are less of a chore thanks to the close proximity to the Whole Foods Market on Avenue Road and the Market by Longo’s in the HBC Centre. Home goods can be gathered at the HomeSense on Bloor, while bibliophiles will be glad to learn about the massive Indigo located at the corner of Bay and Bloor.
Transportation
With its central location at Avenue Road and Bloor Street, residents can zip around the city in no time. For those who prefer to get around by car, Bloor Street can be used to reach the 427 to the west or the Don Valley Parkway to the east. A quick trip north on Avenue Road will also land drivers at the 401, while a southbound ride delivers one at the Financial District, Union Station or Lake Ontario.
Those who prefer public transit, on the other hand, are equally in luck. St. George, Bay, and Bloor-Yonge Stations are just a short walk away, from which passengers can ride east or west along the Bloor-Danforth Line, as well as north and south on the Yonge-University-Spadina Line.
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At Renaissance Plaza
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List vs Selling Price
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Transaction Insights at 175 Cumberland Street
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
---|---|---|---|---|---|---|
Price Range | $1,120,000 | No Data | $1,518,000 | No Data | No Data | No Data |
Avg. Cost Per Sqft | $1,011 | No Data | $932 | No Data | No Data | No Data |
Price Range | No Data | No Data | $4,450 - $6,000 | No Data | No Data | No Data |
Avg. Wait for Unit Availability | 297 Days | No Data | 199 Days | 765 Days | 706 Days | No Data |
Avg. Wait for Unit Availability | 435 Days | 631 Days | 213 Days | 386 Days | 1122 Days | 1333 Days |
Ratio of Units in Building | 27% | 4% | 47% | 11% | 6% | 6% |
Unit Sales vs Inventory
Total number of units listed and sold in Yorkville