urbanrealty.ca perspective: BLOOR-YORKVILLE

Bloor-Yorkville Condos

image of 100 Yorkville

In 1830, entrepreneur Joseph Bloor founded the Village of Yorkville which is distinguished by Victorian mews. In the 1960s the tree-lined streets, twisting back lanes and charming village houses were transformed into Toronto’s own hippie happening. Following the major growth and expansion of the 1980s, numerous changes have been made to the area.

Today, Toronto’s most exclusive retail district is located in the Bloor/Yorkville area. Local attractions also include: Santé Wine Festival, Gardiner Museum, Panasonic Theatre, The Japan Foundation, Royal Ontario Museum, Toronto Reference Library, University of Toronto, Four Seasons, Park Hyatt, PATH & TTC access, Holt Renfrew Centre, Village of Yorkville Park, Manulife Centre, Cumberland Theatre, The Yorkville Club and of course, Hazelton Lanes and Wholefoods.

Today, Yorkville hosts some of the hottest new developments in town, with entry prices of $500 PSF and up to $1000 psf. The announced $100 mil Bloor Street renovation project is likely to boost condo values and we anticipate Bloor-Yorkville to become the price leader in the downtown core for the next several years, as no other area can offer safety, convenience and luxury living on a comparable level. All it takes is a visit to Yorkville during Film Festival and you’ll get our point.

With the current up-trend of luxury developments, Yorkville sets itself apart from other areas of town because of the availability and selection of high-end condos. However, since Toronto has few high-end developments – relatively to other large North American cities – we’ll hedge against Yorkville as a solid long-term investment, simply put: little supply and high demand.

Yorkville area new developments recently reviewed on urbanrealty.ca:

Investors also read:

Yorkville area map

For more information about buying, selling or investing contact Yossi Kaplan urbanrealtytoronto@gmail.com

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