Yorkville is prized, exclusive and priced to match

By NextHome Staff
September 18, 2020
If location, location, location is the golden rule of real estate, the Yorkville area of Toronto is one of the most shining examples. Indeed, it doesn't get much more central than this prized locale bounded by Bloor Street, Davenport Road, Yonge Street and Avenue Road. If midtown Toronto is what you want, a neighbourhood pretty much at the intersection of the city's main subway lines at Yonge and Bloor is it.Five-star is the perfect descriptor for Yorkville, home to the Mink Mile, one of Canada's most exclusive shopping districts, along a stretch of Bloor. Upscale names such as Prada, Chanel, Gucci, Boss, Hermes, Louis Vuitton, Holt Renfrew and Harry Rosen operate flagship locations here, and north of Bloor, on Yorkville and Cumberland streets, you'll find smaller buildings containing art galleries, first-floor retail and high-end restaurants. And of course, being so close to the famous Yonge Street, you're just steps away from every retail option you can imagine, including the new Nordstrom Rack on the ground floor at 1 Bloor East.

Signature condo destination

As you can imagine, given Toronto's condo boom, Yorkville is also a signature location for highrise living, with developers introducing several new projects in recent years, reflective of the luxurious character of the area.Among the new projects underway is 55C Bloor Yorkville Residences, where MOD Developments broke ground just last month. The 48-storey building comprises 551 units in one-, two- and three-bedroom configurations and is due for completion in fall 2023.Also under construction in the area is 8 Cumberland from Great Gulf, a 51-storey condo with a century-old brick Victorian podium located at the northwest corner of Cumberland Avenue and Yonge.Great Gulf is also building the 76-storey One Bloor East just one block away.Nearby, Lanterra Developments is building 50 Scollard, a 41-storey condo at the corner of Bay and Scollard, with 77 exclusive residences. The project earned Lanterra Best Highrise Building Design at the 2019 BILD Awards.Complementing the high-end, highrise living and shopping in Yorkville are nearby cultural offerings such as the Royal Ontario Museum, the Gardiner Museum of Ceramic Art, the Mira Godard Gallery, the Heffel Fine Art Auction House and Gallery 36.And of course, blessed with a location along major transit arteries, getting to and from Yorkville is a breeze, with three subway stops along this stretch of Bloor.

Location, location, location

Bounded by Bloor Street to the south, Davenport Road to the north, Yonge Street to the east and Avenue Road to the west

Key landmarks

• Cumberland Terrace• Gallery 36• Hemingway's• Holt Renfrew Centre• Royal Ontario Museum• Sassafraz• Windsor Arms Hotel

Select condo projects

8 Cumberland by Great Gulf11 Yorkville by Capital Developments11 Yorkville by Metropia11 Yorkville by RioCan Living50 Scollard by Lanterra Developments55C Yorkville by MOD Developments140 Yorkville by Empire Communities321 Davenport by Alterra Group625 Yonge Street by Edenshaw DevelopmentsVia Bloor 2 by Tridel

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