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Neighbourhood Watch: Yorkville

Yorkville – High end and priced to match

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Yorkville – High end and priced to match

If location, location, location is the golden rule of real estate, the Yorkville area of Toronto is one of the most shining examples. Indeed, it doesn’t get much more central than this, bounded by Bloor Street, Davenport Road, Yonge Street and Avenue Road. If midtown Toronto is what you want, a neighbourhood pretty much at the intersection of the city’s main subway lines at Yonge and Bloor is it.

Five-star is the perfect descriptor for Yorkville, home to the Mink Mile, one of Canada’s most exclusive shopping districts, along a stretch of Bloor. Upscale names such as Prada, Chanel, Gucci, Boss, Hermes, Louis Vuitton, Holt Renfrew and Harry Rosen operate flagship locations here, and north of Bloor, on Yorkville and Cumberland streets, you’ll find smaller buildings containing art galleries, first-floor retail and high-end restaurants. And of course, being so close to the famous Yonge Street, you’re just steps away from every retail option you can imagine, including the new Nordstrom Rack on the ground floor at 1 Bloor East.

Prized condo destination

As you can imagine, given Toronto’s condo boom, Yorkville is also a prized location for highrise living, with developers introducing several new projects in recent years, reflective of the luxurious character of the area.

“(8 Cumberland) is right on Yonge Street, you can walk to the subway door, it’s right there, and it connects to a path that goes through Yorkville and all the way through to Bloor Street,” Alan Vihant, Great Gulf’s senior vice-president, highrise, told Condo Life last fall at the groundbreaking for the company’s 8 Cumberland. This modern 51-storey condo with a century-old brick Victorian podium is located at the northwest corner of Cumberland Avenue and Yonge.

“8 Cumberland will create a new gateway to the Yorkville District,” says Great Gulf President, Residential, Niall Collins. “Our commitment to the neighbourhood’s revitalization includes a 36-storey condo tower at 18 Yorkville, the iconic 76-storey condo tower at One Bloor East and this 51-storey condo development all within a block radius.”

Award-winning

Nearby, Lanterra Developments is building 50 Scollard, a 41- storey condo at the corner of Bay and Scollard in Yorkville, with 77 exclusive residences. The project, in fact, earned Lanterra Best Highrise Building Design at the 2019 BILD Awards.

Complementing the high end, highrise living and shopping in Yorkville are nearby cultural offerings such as the Royal Ontario Museum, the Gardiner Museum of Ceramic Art, the Mira Godard Gallery, the Heffel Fine Art Auction House and Gallery 36.

And of course, blessed with a location along major transit arteries, getting to and from Yorkville is a breeze, with three subway stops along this stretch of Bloor.

Location, location, location

Bounded by Bloor Street to the south, Davenport Road to the north, Yonge Street to the east and Avenue Road to the west

Key landmarks

  • Cumberland Terrace
  • Gallery 36
  • Hemingway’s
  • Holt Renfrew Centre
  • Royal Ontario Museum
  • Sassafraz
  • Windsor Arms Hotel

Select condo projects

8 Cumberland by Great Gulf

11 Yorkville by RioCan Living

11 Yorkville by Metropia

11 Yorkville by Capital Developments

50 Scollard by Lanterra Developments

321 Davenport by Alterra Group

625 Yonge Street by Edenshaw Developments


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Left to right, Ronnie Strasser, Sam Strasser, Alex Strasser, Stanton Strasser, Jay Strasser, Alan Vihant, Niall Collins, Mike McGrath, Hunter Milborne, Boris Shteiman and Josh Shteiman

Great Gulf and partners break ground on Yorkville condo 8 Cumberland

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Great Gulf and partners break ground on Yorkville condo 8 Cumberland

Left to right, Ronnie Strasser, Sam Strasser, Alex Strasser, Stanton Strasser, Jay Strasser, Alan Vihant, Niall Collins, Mike McGrath, Hunter Milborne, Boris Shteiman and Josh Shteiman
Left to right, Ronnie Strasser, Sam Strasser, Alex Strasser, Stanton Strasser, Jay Strasser, Alan Vihant, Niall Collins, Mike McGrath, Hunter Milborne, Boris Shteiman and Josh Shteiman

Award-winning developers Great Gulf and Phantom Developments Ltd., along with The Kadima Group and MM Realty Ventures Inc., have celebrated the groundbreaking of 8 Cumberland, a modern 51-storey highrise condominium with a century-old brick Victorian podium. Located at the northwest corner of Cumberland Avenue and Yonge Street, it will pay homage to Yorkville’s timeless heritage and the neighbourhood’s revitalization.

Conveniently situated near two subway intersections, Canada’s most exclusive shopping district and one of the best cultural and art destinations in the world, 8 Cumberland is a sculpture with ribbons of gleaming steel and luminous glass creating a stunning façade. The masterplan includes parks and open spaces with pedestrian mews that will connect Yorkville Avenue to Cumberland Street and eventually to Bloor Street.

“8 Cumberland will create a new gateway to the Yorkville District,” says Great Gulf President, Residential, Niall Collins. “Our commitment to the neighbourhood’s revitalization includes a 36-storey condo tower at 18 Yorkville, the iconic 76-storey condo tower at One Bloor east and this 51-storey condo development all within a block radius.”

Designed by Architects Alliance with interior designs by Thomas Pearce and landscape architecture by NAK Design, the sleek and stylish building will feature retail on the ground and second floor within the heritage building dating back to the late nineteenth century. With 371 units ranging from 468 to 1,845 sq. ft., the spacious open-concept suites offer panoramic city views and state of the art amenities.

“Phantom Developments is thrilled to be breaking ground on 8 Cumberland,” adds Henry Strasser, principal of Phantom Developments. “When we acquired the site in 2014, we knew we had the opportunity to develop a true landmark in our vibrant city.”

Vihant
Alan Vihant, Great Gulf’s senior vice-president, highrise

Location doesn’t get much better than right in the heart of Yorkville, even in an area with other condo options. “(8 Cumberland) is different in a lot of ways,” Alan Vihant, Great Gulf’s senior vice-president, highrise, told Condo Life. “It’s right on Yonge Street, you can walk to the subway door, it’s right there, and it connects to a path that goes through Yorkville and all the way through to Bloor Street.”

 

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Great Gulf breaks ground at 357 King West

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The Great Gulf Great Condo Event

The Great Gulf Great Condo Event

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The Great Gulf Great Condo Event

Great Gulf presents four distinct downtown projects under one roof for a one-stop shopping experience in a convenient location.

For the first time, Great Gulf presents four distinct downtown projects under one roof for a one-stop shopping experience in a convenient location. This extraordinary opportunity showcases Monde, Home, 357 King West and 8 Cumberland for interested buyers to discover their dream condo with 100 suites to choose from designed by award-winning architects.

The six-day public event at 357 King Street West (corner of King Street West and Blue Jays Way) begins Saturday, April 28, 2018 through to Thursday, May 3, 2018 (Saturday to Sunday 10 a.m. to 6 p.m.; Monday to Thursday 2 to 8 p.m.). Condominium prices start in the low $400,000s with occupancy available as early as winter 2019.

Interested buyers can click here to register in advance.


Monde
12 Bonnycastle Street
Lower Sherbourne Street and Queens Quay East

An enviable lakefront location near the downtown core describes it as among the world’s most desirable waterfront communities. Monde will be the premier 44-storey residence in a new international destination for shopping, entertainment and culture.

The stunning design was conceived by world-renowned architect Moshe Safdie, his first residential project since the landmark Habitat ’67 in Montreal.

Safdie’s genius is complemented with sleek, custom-design interiors by Cecconi Simone.


8 Cumberland
Yonge Street and Bloor Street West

Designed by architectsAlliance with interiors by Thomas Pearce, a sleek, majestic tower rises above a classical podium; a confluence of heritage and modernity. Located in the heart of Canada’s most prestigious shopping district, 8 Cumberland rises 51 breathtaking storeys above Yorkville at Yonge Street.


Home
48 Power Street
Parliament Street and Adelaide Street East

Home brings the East front and centre, with a striking two-tower community (19 and 22 storeys) at the intersection of culture, creativity and art. At the corner of Power and Adelaide, two towers connect to a shared podium providing a central hub for all residents.

Core Architects and the creative minds at TACT Interiors have delivered great design that transcends typical urban living.


357 King West

King Street West and Blue Jays Way

This King Street condo, with its sky-high condominium, lively restaurants and theatres, trendy stores and offices, is the essential place to live, work and play. At 42 storeys, designed by Quadrangle with interiors by Figure 3, this highly coveted location puts essentials and luxuries within easy reach.


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