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Yorkville Neighbourhood

Yorkville is a one of a kind, upscale neighbourhood in midtown Toronto. Its name is synonymous with the luxe existence. It is diverse, comprising of many office spaces, professional services, residential areas and multiple boutique shopping options. It is belted by Dupont Road to the north, Yonge Street to the east, Bloor Street to the south and Bedford Road to the west.

It is certainly one of Toronto's most compelling neighbourhoods. Anchored by the intersections of Yonge and Bloor, as well as Bay and Bloor, it is an eclectic mix of commercial office towers, luxurious condominium buildings, five-star hotels, gourmet restaurants, theatres, prestigious shopping centres, and picturesque Victorian homes. The neighbourhood is an ever rapid developing community, with the constant addition of newly built condominiums. It’s home to a number of Toronto’s most expensive condos units, most starting at over one million dollars and going well beyond.

The neighbourhood largely feature condos, accounting for 81% of sales, followed by semi-detached houses at 7%, and townhouses and detached houses at 4% each. Condo apartments are the most common trend, and the majority of properties have two bedrooms. The average price in Yorkville over the past year was $1,268,004, an increase of 1% over the same period last year. The average condo premium over the past year was $1,114,544, as compared to the average freehold price of $2,236,892 over the same period.

The economic soul of this neighbourhood can be seen throughout Cumberland Street, Scollard Street, Hazelton Avenue and Yorkville Avenue. The transition to a quiet residential pocket is gradual, as Victorian homes shift from retail to residential use in a seamless arrangement. The region is very well maintained, and with a large park inside of its core, it provides a lovely scene in a bustling core.

Luxury Condo life Style in Yorkville

In the heart of the city it's easy to access the entire GTA. Public transit is at your fingertips with Bay and Bloor/Yonge Stations at your doorstep. Bloor/Yonge Station is especially convenient because it connects locals with both the Bloor/Danforth Line and the Yonge/University Line.  The subway is the focal point of public transit, but there plenty of street level options as well. For motorists, the area has access to many arterial roadways including the Don Valley Parkway and by extension the Gardiner Expressway. It goes without saying that one of the perks to living in this affluent neighbourhood is its unequalled transit options.

With this neighbourhood's configuration being catered toward middle to upper-class citizens, it can afford to be more upscale. Its residents’ average income is $60,000. According to statistics, the population of the area is currently 29,180, and it is growing exponentially. 60% of the populace is comprised of single individuals among the ages of 20-44. Homeownership in the region is skewed towards tenancy at 64%, whereas 36% of homes are owned.

The neighbourhood is enduring a momentous redevelopment. It's rising to new heights and is getting ready to grow up - way up. Builders want to implement six new residential condo towers, five of which slated to be at least fifty storeys tall, into a four block radius. The One Bloor, adjacent to Holt Renfrew, will rise eighty-five floors, making it the tallest residential building in Canada.

In this neighbourhood, beauty and sophistication are fundamental. Shops and restaurants cater to wealth, and they meet the demand through luxurious brands. There are entrepreneurs, upscale designers, artists, young professionals, and often a celeb sighting or two. The area is extremely busy as it’s a famous destination for locals, tourists, and shoppers.

Various new condo structures have found homes in the vicinity, and they are supplying first time purchasers with opportunities to reside here. There is good news on the real estate front, you don’t have to spend a cool million to make this neighbourhood your new home, so you should make this vibrant, ultra chic hood your new place of residence.

Yorkville Neighbourhood

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List of New Condos in the Yorkville Neighbourhood

89 Avenue Rd Condos

89 Avenue Rd

Development by: Armour Heights Developments
89 Avenue Rd, Toronto, ON M5R 2G3
Condo Prices TBA CAD
Move in TBA

50 Scollard Condos

50 Scollard Condos

Development by: Lanterra Developments
50 Scollard St, Toronto, ON M5R 1E9
Condo Prices From The High $3,000,000’s CAD
Move in 2022

121 Avenue Road Condos

121 Avenue Rd

Development by: Zinc Developments
121 Avenue Rd , Toronto, ON M5R 2H4
Condo Prices TBA CAD
Move in TBA

80 Bloor Street West Condos

80 Bloor St W

Development by: TBA
80 Bloor St W, Toronto, ON M5S 2V1
Condo Prices TBA CAD
Move in TBA

CRU 11 Yorkville Condos

CRU 11 Yorkville

Development by: MetropiaCapital Developments and RioCan Living
11 Yorkville Ave, Toronto, ON M4W
Condo Prices TBA CAD
Move in TBA

33 Yorkville Condos

33 Yorkville Condos

Development by: Cresford Development Corporation
33 Yorkville Avenue, Toronto, ON M4W 1L1
Move in 2022

The One Residences

The One Residences

Development by: Mizrahi Developments
1 Bloor St W, Toronto, ON M6H 1M9
Condo Prices From The Low $2.000,000’s CAD
Move in 2023

771 Yonge Street Condos

771 Yonge St Condos

Development by: Menkes Developments Ltd
771 Yonge St, Toronto, ON M4W 2G4
Condo Prices From The High $400,000’s CAD
Move in 2021

New Condo Project at 100 Davenport, Toronto, ON, M5R 3P1

100 Davenport Rd

Development by: Diamante Development Corporation
100 Davenport, Toronto, ON M5R 3P1
Condo Prices From TBA  CAD
Move in 2021

878 Yonge Street Condos

878 Yonge Street

Development by: Cityzen Development Group
878 Yonge Street, Toronto, ON M4W 2J1
Condo Prices From TBA CAD
Move in 2021

33 Avenue Road Condos

33 Avenue Road

Development by: Empire Communities
33 Avenue Road, Toronto, ON M5R 2G3
Condo Prices TBA CAD
Move in 2021

8 Cumberland Condos

8 Cumberland

Development by: Great Gulf and Phantom Developments
8 Cumberland Street, Toronto, ON M4W 1J5
Condo Prices From The Low $700,000’s CAD
Move in 2021

venue 151 Yorkville

Avenue 151 Yorkville

Development by: Dash Developments
151 Avenue Rd, Toronto, ON M5R 2H4
Condo Prices From The Low $1,000,000’s CAD
Move in 2019

Yorkville Private Estates

Yorkville Private Estates

Development by: Camrost Felcorp
200 Cumberland St, Toronto, ON M5R 1A8
Condo Prices From The Low $1,000.000’s CAD
Move in 2018

Minto Yorkville Park Condos

Minto Yorkville Park

Development by: Minto
94 Cumberland St, Toronto, ON M5R 1A3
Move in 2019

1 Yorkville Condos

1 Yorkville Condos

Development by: Plaza and Bazis Inc
1 Yorkville Ave, Toronto, ON M4W 1L1
Move in 2018

10 St Mary Street Condos

10 St. Mary Street

Development by: Castlepont Numa
10 St. Mary, Toronto, ON M4Y 1P9
Condo Prices From TBA  CAD
Move in 2021

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