Yorkville Condo Sales Stats 2020 - click here
Yorkville, incorporated in 1853, was the first neighbourhood to be annexed by the city of Toronto. Officially part of the Annex neighbourhood, Yorkville is bordered by Yonge Street and Avenue Road on the east and west and Bloor Street and Davenport Road to the south and north. Formerly a hot-spot for hippies, the trendy neighbourhood now features brand-name boutiques, elegant hotels, classy condos and impressive commercial towers. Yorkville is synonymous with class and style and is extremely accessible. Yorkville is located near main transportation hubs including the Yonge-Bloor subway line and a five minute drive to the Don Valley Parkway. Even strolling along the sidewalks in Yorkville leave you feeling affluent as you take in beautiful gardens, modern lighting and outdoor art.
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 new 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 ideal for singles, as 40 per cent of residents find themselves unattached, compared to an average rate 32 per cent for the rest of the city. In terms of pricing, you can expect a pre-construction Yorkville condominium to cost you approximately:$1,200.00 per square foot.
Toronto's Yorkville Neighbourhood When it was the Home for the Hippies - click here