Yorkville was incorporated as a Village in 1853 and named after Toronto’s original handle, the Town of York. In 1883, Yorkville set itself up as a trend setter when it became the first village to be annexed by the City of Toronto. Yorkville has always maintained its own identity and gained the most notoriety as a hippie haven in the 1960s before becoming known as a high-end shopping destination in the 1980s and 1990s.
Housing and Accommodation
Yorkville’s gentrified Victorian houses date back to 1870, and have beautiful decorative features, such as ornamental brick patterns, gingerbread gables, cast iron fences, and richly landscaped gardens, with many listed on the Toronto Historical Board’s Inventory of Heritage Properties.
Yorkville is Toronto’s most cosmopolitan neighbourhood and has wide appeal with domestic homebuyers from within the Greater Toronto Area, as well as buyers from across Canada and around the world.
JUST LISTED IN YORKVILLE
Yorkville is an eclectic mix of luxury condominiums, commercial office towers, 5-star hotels, gourmet restaurants, beautiful Victorian homes and luxury stores. Yorkville is home to The Mink Mile with stores like Burberry, Prada, Gucci, Louis Vuitton, Hermes, and Chanel.
International visitors and locals appreciate Yorkville as it is home to some of the most beautiful restaurants, bars, nightclubs, clothing stores, cafes, and shopping that Toronto has to offer. As a result, Yorkville is where the fancy people go for spa treatments, business lunches, functions, weekend getaways, date nights, and shopping trips.
Given the luxury and convenience of this neighbourhood, condominiums in the Yorkville area (and homes in the nearby Annex) aren’t cheap, but the walkability, lifestyle, and convenience of living in the centre of the city, combined with the beauty of this neighbourhood, makes living in Yorkville worth every penny.
Known for its affluent demographic, even Yorkville’s least expensive condos sell for $400,000, and the people who do live here get used to the lifestyle that Yorkville offers and tend not to leave. Homes here are well kept, and the late 18th Century Victorian homes have been maintained with care and pride. Condos make up about 79% of sales here, followed by semi-detached houses at 10%, with 6% townhouses.
In this ritzy area, you will find high-earning singles, young families looking for their first purchase, accomplished childless professionals, retirees looking to downsize from their large suburban homes, and even some celebrities.
Yorkville sits right atop the Bay subway station and isn’t a far walk from both St.George and Yonge subway stations as well. Want to stay above ground? The 6 Bay bus will take you right downtown.
For cyclists, Bloor Street has newly acquired bike lanes.
Area: 3km Population: 29,180
Kids: 8% Visible Minority: 20.6%
Youth: 13% Average Family Income: $203,150
Lower Education: 15% Higher Education: 31.4%
Owned Homes: 36% Tenanted Homes: 64%
- Regular celebrity sightings.
- Home to the best (and most expensive) shopping in Toronto.
- Close to downtown, with easy access to transit.
- Homes and parking come at a premium.
- Lacking in parks and green space.
- Tourists, tourists, tourists.