As one of the most vibrant neighborhoods in Toronto, Yorkville has become a hot topic among real estate investors and homebuyers alike. The neighborhood’s impressive luxury real estate, high-end boutiques, and proximity to popular cultural attractions have all made it appealing to the rich and famous. Boasting a distinct collection of luxury condominiums, commercial buildings, gourmet dinners, theaters, prestigious hotels, and high-end shopping outlets, there is no doubt that the city can stand on its own.
While Yorkville wasn’t always the hub of activity that it is today, it seemed to become popular with many businesses almost overnight. Popular fashion labels such as Hermes, Jimmy Choo, Chanel, and Dior, have all taken up residence in the neighborhood. Neighborhood favorites like; the Hyatt Rooftop, the Manulife Centre, Sassafraz, Hazelton Lanes, and Amber have all undergone recent renovations to match the new and improved Yorkville.
Many prominent real estate developers have been building new condos in Yorkville on almost every corner of the neighborhood, and there are many plans for future developments as well. Currently, there are an estimated 6,627 new condo units in Yorkville, as well as an additional 9,836 under construction that is to be completed in the next five years. Overall, it is undeniable that Yorkville has been experiencing unprecedented economic and population growth in recent years.
The city, which was once a favored hippie hangout in the 60s, is now a prime destination for individuals who want to shop, dine, or relocate. Yorkville boasts several alleyways, courtyards, and stunning Victorian houses, all amidst a plethora of elegant restaurants and shopping outlets. A lush park is also situated amid Yorkville, creating a space that adds natural beauty to the center of the city.
Yorkville is not only recognized as a popular shopping destination in Canada; it has also been recognized internationally as one of the top ten shopping destinations in all of North America. Often compared to 5th Avenue in New York City, Los Angeles’ Rodeo Drive, and Chicago’s Magnificent Mile, Yorkville offers one of the most luxurious shopping experiences for a wide variety of shoppers.
You’ll find several major Canadian labels, as well as various upscale shopping centers, on almost every corner of Yorkville. Aside from luxury brands, there are also cheaper options; such as H&M, Aldo, Banana Republic, FCUK, and many more, all across the city.
Yorkville is also where you’ll find Bloor Street, a major shopping, dining, and tourism destination in the city; often nicknamed “Mink Mile.” Hermes, D&G, Tiffany, and Louis Vuitton can all be found on Bloor Street. Bloor Street is also home to many live events, such as:
You can’t experience Toronto to the fullest without visiting this neighborhood. Living on Bloor Street or anywhere in Yorkville will ensure complete convenience, with everything that you’ll ever need right at your fingertips.
Its convenient location in the heart of the city allows for easy access for all of Toronto – primarily due to the presence of the Bloor/Danforth Line and the Yonge subway line within the area. Yorkville also has an express bus, that commutes from midtown on Avenue Rd, in addition to the subway line as well. While the subway line is the main transit option, many people still rely on the buses to move around. As expected, the area does have a lot of traffic due to its popularity and growing population. For private motorists, finding street parking in Yorkville can be challenging, and due to the area’s high standards, cars can be quickly towed away if they are improperly parked. However, there is ample paid parking available throughout the region.
Elegance and style are significant parts of Yorkville’s identity. Many high–end restaurants, luxury brands, and stores, within the city, cater to the needs of the residents. The neighborhood is always lively and active, being at the heart of the city where the line between work and fun is often blurred. Individuals of all ages are drawn to Yorkville. Many residents have chosen this neighborhood as their home over the years, with more and more people every year to taking up residence in the newer condominiums that are being built. There are business people, entrepreneurs, shopaholics, foodies, artists, and quite often even celebrities, all walking the streets of Yorkville.
Overall, the city is a great place to live. Walking the picturesque streets of Yorkville, you’ll pass by several stunning Victorian homes that were built from 1870 to 1895 — still in good condition to this day. In addition to this, a bunch of stunning new condos in Yorkville have been developed; such as:
Ranging from large environmentally friendly structures to m0dern designs; these new condominiums in Yorkville also exhibit a wide range of features, such as rich landscaped gardens, grand lobbies, and numerous exclusive amenities for the complete enjoyment of residents. Fully equipped fitness rooms, swimming pools, libraries, spas, chef’s kitchen, party rooms, and more, are the highlights of these condos.