When you think of luxury, Yorkville automatically comes to mind. After being transformed from its “hippie” roots in the 80’s, this neighbourhood became synonymous with decadence and upscale. In 2008, the Bloor-Yorkville BIA invested many millions of dollars to update the streetscape and ensure the area remains a chic destination for locals and visitors.
From the world-famous Mink Mile, which is covered in high-end shops like Louis Vuitton, Chanel, Cartier and Burberry, five star dining options that include ONE, Sotto Sotto and La Societe, to living amongst some of the city’s most coveted shops like the LCBO’s flagship store, the Five Thieves and hotels that draw A-list crowds throughout the year, Yorkville provides enough opportunities to give you credit card a workout each and every day. Aside from the posh stores and restaurants, it's full of great services and professionals like this Davisville dentist, a huge Canadian Tire and dependable doctors for your family.
Even though TIFF has moved out of the area, the hotels and condos like the Four Seasons, Hazelton and the Park Hyatt, ensure there is never a shortage of great people-watching over cocktails. And if you’re looking to escape all the hustle-and-bustle of the Yorkville core, you’re only steps away from the winding trails, outdoor rink and tennis courts of Ramsden Park.
While homes are a tad more expensive than other parts of the city, the amenities, nightlife, restaurants and shopping are worth the investment. Aside from the world outside of your home, Yorkville offers some large units, architecturally impressive townhomes, restored detached houses, and five-star condos like the Florian, 277 Davenport or the Hazleton that are matched by only some of the best in the world.
- Average Home Price: $1,003,974 (up 3% from 2011)
- Average Days on the Market: 24
- Average Property Taxes: $5,530
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