Commercial Property Cumberland Square
1 min read
KingSett Capital is developing a new master-planned community located within Toronto’s Yorkville neighbourhood, right at the Bloor Yonge intersection. Cumberland Square can be found at 2 Bloor Street West currently undergoing major redeveloping of the entire city block to welcome three new towers.
Towers A and B will contain a total of 908 residential units in a mix of studio, one-bedroom, two-bedroom, and three-bedroom units. On the first and second floors commercial retail units will reside in a total of 15,166 SQ. FT. Stories three to eight are dedicated to parking and the ninth floor is the “Sky Lobby” the main entrance for residents in both towers.
Tower A is the shortest tower at 50 storeys high, Tower B will stand at 66 storeys tall, and finally, Tower C will be a height of 70 storeys high.
Tower C will have a four-storey podium with the first two floors containing 12,055 SQ. FT. of retail space, 5,350 SQ. FT. of indoor amenity space and 5,737 SQ. FT of outdoor amenity space on the fourth floor. Building C will also have an additional 9,612 SQ. FT. of indoor amenity space on the 43rd floor and a 2,368 SQ. FT. terrace on the 45th floor.
Tower C will have a total of 599 units, divided into studio, one-bedroom, two-bedroom, and three-bedroom units.
Cumberland Square will have a new public park and reflecting pool in between towers B and C where neighbours can come together. There will also be a shopping avenue in the new building and the existing 50 Bloor West Mall.
Cumberland Square has a near-perfect transit score of 97 and a perfect walk score of 100.
Currently, Cumberland Square is under pre-construction, the completion date is yet to be determined.
References
Cumberland Square Master-Planned Community: GTA-Homes. GTA. (2023, September 15). https://www.gta-homes.com/master-planned-communities/cumberland-square/
Cumberland Square. The Yorkville Team. (n.d.). https://www.yorkville.team/yorkville-developments/cumberland-square
Cumberland Square condos: Prices & Floor Plans. Precondo. (2021, May 27). https://precondo.ca/cumberland-square-condos/
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