Yorkville Toronto Condo Real Estate

 


Yorkville Sales 2017      click here

Yorkville Condo Sales Report 1st Quarter 2018   click here


Condos in Yorkville        click here


 

 

About Yorkville

 
Yorkville is a district in Toronto, Ontario, Canada, and one of Canada's most sought after condo neighbourhoods. The boundary is Bloor Street to the south, Davenport Road to the north, Yonge Street to the east and Avenue Road to the west, and is considered part of the 'The Annex' neighbourhood. It is recognized as one of Canada's most exclusive shopping districts boasting the infamous Mink Mile.

Yorkville now commands rents of $400 per square foot, making it the third most expensive retail space in North America. In 2015, Bloor St. was named the seventh most expensive shopping street in the world by Fortune Magazine, claiming tenants can pull in $2,500 to $6,500 per square foot in sales.

The decadence of the ’80s transformed this former hippie haven (remember the Riverboat?) into the posh area of today. Incorporated in 1853, it was the first village annexed by the City of Toronto (in 1883), and its original coat of arms graces the historic fire hall at 34 Yorkville. From brand-name boutiques lining Bloor (Gucci, Prada) to the gourmet mecca south of Summerhill (the Five Thieves and flagship LCBO), platinum cards get a workout at both ends of the ’hood. Luxe hotels draw A-list celebs and affluent tourists. Condominiums seem to multiply by mitosis and extend all the way to beautiful Ramsden Park, where they give way to lovingly restored homes on leafy side streets.





 

Yorkville Real Estate

 

New condos in Yorkville offer some of the priciest real estate in the city. Most condos are over $1,000 per square foot and can be as expensive as $3,5000 per suare foot (2017).
 
It’s no surprise that with all the luxe and glamour of Yorkville it is one of the hottest places to live in the city. Due to the neighbourhood’s status, condos in Yorkville tend to be more pricey compared to the rest of the city but you’re buying location convenience and style when choosing a condominium in Yorkville. For example, the Four Seasons Hotel and Private Residences, arguably the best addresses to live at, sold its penthouse for 28-million dollars - approximately $3,000 per square foot. The building has other suites costing between $1,400 and $2,000 per sq ft. With a moderate density and buildings between 20 to 50 storeys, purchasing a condo in Yorkville means living the lap of luxury.

This neighbourhood is popular with successful singles, with 40% unattached, compared to 32% in the rest of the city. It's also popular with empty nesters, many who have lived in nearby Rosedale and Forest Hill and want to stay close to their former neighbourhood. Another reason empty nesters are residing in Yorkville is these condos tend to have more larger size units than the condo further north and south of the neighbourhood.


In terms of pricing, you can expect a pre-construction Yorkville condominium to cost you approximately:

 

  • $550,000 for a one bedroom condominium.

  • $625,000 for a one bedroom plus den.

  • $939,000 for a two bedroom condo.

  • $1,530,000 for a two bedroom plus den.

  • $3,200,000 for a three bedroom + condominium.

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A re-sale condominium in Yorkville will cost around:
 

  • $517,000 for a one bedroom condo.

  • $679,000 for a one bedroom plus den.

  • $890,000 for a two bedroom plus den.

  • $1,493,000 for a two bedroom plus den.

  • $3,594,000 for a three bedroom + condominium.

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Shopping in Yorkville

 

Yorkville is recognized as one of Canada's most exclusive shopping districts, with  many upscale boutiques and shops within easy walking distance of hotels and condos.

For those with a taste for fine clothing brands, stop into boutiques along Bloor Street such as Harry Rosen, Holt Renfrew, Gucci, Coach, Chanel, Louis Vitton, Tiffany & Co. and many more.

Yorkville is also home to many fine mid-market retailers such as La Senza, French Connection, Zara, American Apparel, Banana Republic and more. In addition to individual retailers, there are four shopping centres in Yorkville: Hazelton Lanes, Holt Renfrew Centre, The Hudson’s Bay Centre and the Manulife Centre.
















 

Yorkville Dining, Arts and Entertainment
 

If it's fine dining, a casual pub, or gourmet coffee, you want, Yorkville boasts some of Toronto's finest resturants, bars, and cafes. This area attracts visitors from around the world, and with Toronto being one of North America's most popular locations for major film production, TV, and TIFF, it's is not unusual to spot celebrities roaming the streets of Yorkville. With luxury hotels such as the Four Seasons, Park Hyatt, the Windsor Arms hotel and more, along with MTV headquarters located in this neighbourhood, it’s no surprise that A-listers frequent Yorkville.

Other entertainment in the area includes the Royal Ontario Museum, George R. Gardiner Museum of Ceramic Art and the McLaughlin Planetarium. There are also a number of high-end, famed restaurants in Yorkville including Sassafraz, Pangaea, Preggo Della Piazzo and Bistro 990.

For those interested in enjoying some culture, there various high-end art galleries in Yorkville including Gallery One, Drabinsky Gallery, Scollard Scott Gallery, Feheley Fine Arts and many more.

 

 

 

 

 

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