Property for sale in Yorkville is sure to attract a lot of attention. Yorkville is considered part of the Annex, but recognized as a separate entity. Its boundaries are Yonge Street to the east and Avenue Road on the west, Davenport to the north and Bloor to the south. This is one of Toronto's chicest neighbourhoods – right in the heart of the city -- and homes in the area are highly sought after. In fact, prime luxury houses in Yorkville come onto the market very rarely.
In the 1960s, the area was famous as the bohemian part of town, a hippie haven. Folk music coffee houses were the biggest business in those days, with the likes of the The Riverboat, Club 71, or the Bohemian Embassy featuring singers such as Ian and Sylvia Tyson, Joni Mitchell, Neil Young, and Gordon Lightfoot. The western end of the neighbourhood featured Rochdale, the experimental college. Yorkville is now better known as one of Canada's most exclusive high-end shopping districts. A partial list of stores includes dropping names such as Prada, Gucci, Hugo Boss, Chanel, Luis Vuitton, Holt Renfrew, Tiffany, Bulgari, Ferrari, and Rolls-Royce.
Yorkville has historically been the destination of choice for the stars during Toronto's International Film Festival, and every September star-gazers can be found hanging out at Yorkville's trendy eateries and hot spots, hoping to catch a glimpse of Brad or George or Ryan. The area also features several luxury hotels, the Hazelton Lanes shopping complex, and the Royal Ontario Museum. Yorkville is also known as a centre for art galleries, and a series of gardens known as The Village of Yorkville Park has won prestigious architectural awards.
Yorkville actually began in the 1830s, and one thing that has remained constant is the attractiveness of its beautiful heritage residences. Victorian houses with beautiful gardens are typical on Yorkville's quiet side streets. Yorkville is also home to some of Toronto's most luxurious condominiums, and in fact, most real estate listings that come up in Yorkville are for condos.
A condominium listing for Yorkville is unlike a condo listing anywhere else in the city, though – and maybe unlike anywhere else in the world! A recent listing for a property right on Yorkville Avenue gives some indication of the premium quality of condominiums in the area. At 3,800 square feet, this condo unit is larger than many detached homes. It features three bedrooms and three bathrooms, along with two parking spaces. The condo has a 24-hour valet service plus a gym and fitness facility. Photos reveal spacious rooms with many floor-to-ceiling windows, overlooking the city from the sixteenth floor. The asking price is $6,888,880.
Less pricey options include two-storey loft spaces at the Maxus on Cumberland, which boast 17-foot living room ceilings. The building has a sauna, gym, concierge, and a Starbucks restaurant on the main floor. A 2,000 square foot unit at the Maxus could run as high as $900,000.
New condominium developments are going on the neighbourhood, including one in the historic Four Seasons Hotel on the corner of Yorkville Avenue and Avenue Road. And yes, occasionally one of those historic Yorkville houses comes onto the market. A good real estate broker can help you locate and obtain your perfect Yorkville home.