8 Cumberland Toronto
New pre-construction condo Phantom Developments, Great Gulf and The Kadima Group in Toronto.
About 8 Cumberland
Project highlights
- Development
- 8 Cumberland
- Developer
- Phantom Developments, Great Gulf and The Kadima Group
- Location
- Toronto — 8 Cumberland Street, Toronto
- Property type
- Condo
- Ownership
- Condominium / Freehold
- Sales status
- Selling Now
- Starting price
- From $629,990 to $1,395,990
- Occupancy
- TBD
8 Cumberland is a new pre-construction condo Phantom Developments, Great Gulf and The Kadima Group in Toronto. Through PreconFactory you get VIP access 30–60 days before public launch — that means first pick of the best units, the lowest pricing, and full incentive negotiation on your behalf.
Starting at From $629,990 to $1,395,990, 8 Cumberland is a strong choice whether you're buying to live in or as an investment. You lock in today's developer pricing while the property appreciates during the 3–5 year build period — leveraged returns that resale buyers simply can't access.
8 Cumberland is a new condo community by Phantom Developments, Great Gulf and The Kadima Group at 8 Cumberland Street, Toronto. The community was completed in Aug 2023. Available units range in price from $629,990 to $1,395,990. 8 Cumberland has a total of 399 units. Sizes range from 468 to 1,068 square feet.
Why Toronto works
8 Cumberland sits at 8 Cumberland Street, Toronto. Canada's largest city and financial capital. World-class transit, diverse neighbourhoods, and the strongest job market in the country—making pre-construction condos here a top choice for investors and urban professionals.
Toronto keeps growing — new transit lines, more jobs, and rising household incomes. That's why pre-construction here makes sense. You're buying into a city on the upswing, at today's prices.
Why Toronto is growing
- Strongest job market in Canada with highest salaries
- Best transit connectivity in the GTA
- Highest property appreciation potential
- International appeal attracts global investors
About Toronto
Discover why Toronto is an ideal location for pre-construction investment
About Toronto: A Growing Community in the GTA
Toronto is home to 2.9 million (largest city in Canada), and growing by 77,000+ residents annually. Canada's financial capital and largest employment hub Additionally, world-class transit system with ongoing expansions. Located in Toronto, 8 Cumberland offers residents a perfect blend of urban convenience and suburban comfort.
Diverse neighborhoods each with unique character Strong rental market with high occupancy rates
Transit & Connectivity
Toronto is well-connected to the GTA through Line 1 (Yonge-University) and Line 2 (Bloor-Danforth) and Line 4 (Sheppard) and Line 5 (Eglinton Crosstown - opening soon) subway lines. GO Train stations including Union Station, Bloor GO, Exhibition GO, and more provide average 30-45 minutes to downtown core. Major highways including Highway 401, Gardiner Expressway, Don Valley Parkway, Highway 400 ensure easy access throughout the region.
Lifestyle & Amenities
Residents of Toronto enjoy access to excellent educational institutions including University of Toronto and Toronto Metropolitan University (formerly Ryerson), healthcare facilities like Toronto General Hospital, and major shopping destinations such as Eaton Centre and Yorkdale Mall. Popular parks include High Park and Trinity Bellwoods.
Investment Potential & Growth
Average condo prices: $700,000-$1.2M. Annual appreciation: 5-8% Average rental yield: 3.5-4.5%. Strong rental demand from students and professionals Future developments include Ontario Line subway expansion and Waterfront revitalization, which will further enhance the area's appeal. Major employment centers include Financial District and Tech sector (MaRS, Waterfront Innovation), driving demand for housing.
Why Toronto is Perfect for Pre-Construction Investment
Strongest job market in Canada with highest salaries Best transit connectivity in the GTA Highest property appreciation potential International appeal attracts global investors Limited land supply drives long-term value Investing in pre-construction in Toronto allows you to secure a property at today's prices while the area continues to develop and appreciate in value.
Excellent Transit
Well-connected to downtown Toronto and the GTA
Strong Growth
Consistent property value appreciation
Quality Living
Modern amenities and community infrastructure
Why pre-construction wins
Investment potential
8 Cumberland is priced below comparable resale homes in Toronto. You lock in today's developer pricing, and by the time it's built (3–5 years), the market has typically appreciated 15–25% — free equity before you even close.
Developer confidence
Phantom Developments, Great Gulf and The Kadima Group has been building in the GTA for years — finishing on time and delivering quality homes that hold their value. That track record matters when you're committing this much capital.
View Phantom Developments, Great Gulf and The Kadima Group profile & projectsProject data sheet
Building features
- Outdoor Dining
- Relax with your favorite drink, host a private party, or dine al fresco under the stars.
- Parking Available
- Outdoor Terrace
- Fitness Center
- Lockers Available
Project visuals
8 Cumberland questions answered
What is the deposit structure for 8 Cumberland?
The exact deposit schedule for 8 Cumberland is set by Phantom Developments, Great Gulf and The Kadima Group and confirmed in the Agreement of Purchase and Sale. GTA pre-construction projects typically require a total deposit of 15–20% paid in stages over 18–24 months, but the specific milestones vary by builder and project. Contact PreconFactory for 8 Cumberland's current deposit structure.
When is the occupancy date for 8 Cumberland?
Occupancy for 8 Cumberland has not been publicly confirmed by Phantom Developments, Great Gulf and The Kadima Group yet. Pre-construction projects in Toronto typically deliver within 3–5 years of launch, but the exact date will be set in the Agreement of Purchase and Sale. Contact PreconFactory for the latest timeline.
Are assignment sales allowed at 8 Cumberland?
Assignment policy is set project-by-project by Phantom Developments, Great Gulf and The Kadima Group. Many GTA pre-construction projects permit assignments (sometimes for a fee, sometimes free as a VIP incentive), but this is confirmed in the purchase agreement. Ask PreconFactory before you sign so we can confirm the current terms for 8 Cumberland.
What are the closing costs for 8 Cumberland?
Plan for roughly 3–5% of the purchase price in closing costs, including Land Transfer Tax (Ontario and, in Toronto, municipal LTT — first-time buyer rebates may apply), legal fees ($1,500–$2,500), development levies, and Tarion warranty enrolment. The exact levy caps and adjustments vary per project — PreconFactory can walk you through the current numbers for 8 Cumberland.
Is 8 Cumberland a good investment?
8 Cumberland by Phantom Developments, Great Gulf and The Kadima Group is priced at From $629,990 to $1,395,990 in Toronto. Whether it's a fit depends on your budget, timeline, financing, and rental/hold plans — pre-construction returns are leveraged (you commit ~20% over two years) but not guaranteed. Contact PreconFactory for an ROI breakdown specific to your situation.
How do I buy 8 Cumberland?
Register with PreconFactory for VIP Platinum access to 8 Cumberland. You'll receive available floor plans, current developer incentives, mortgage broker introductions, and lawyer referrals. Our buyer service is free — the builder pays the buying agent's commission.
Who represents buyers at 8 Cumberland?
PreconFactory is a licensed Ontario real estate brokerage offering Platinum-access representation on 8 Cumberland and other GTA pre-construction projects. We negotiate on price, capped development levies, assignment rights, and upgrades on your behalf.
Helpful guides for buyers
First-Time Buyer Guide
Government incentives, deposit structures, and the step-by-step buying process.
Read guideMortgage Calculator
Estimate monthly payments, stress test qualification, and CMHC insurance.
Read guideLand Transfer Tax
Calculate closing costs including Ontario and Toronto LTT rebates.
Read guideInvestor's Handbook
ROI strategies, assignment sales, and cash-flow analysis for investors.
Read guideOther pre-construction in Toronto
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