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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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NEIGHBOURHOOD WATCH: Yorkville

NEIGHBOURHOOD WATCH: Yorkville

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NEIGHBOURHOOD WATCH: Yorkville

by Gale Beeby

Everyone knows the neighbourhood because of its haute couture, fine dining, plush hotels, art galleries and high-end shopping, but there’s more to the historic Village than just a glass of fine Chablis

Housing Options

Yorkville has seen a building boom of late, with developers and builders getting in on the luxurious action. Density is the name of the game here, with pricing from the mid $400,000s to well over $24 million for the penthouse at The One.

Leisure Pursuits

The Royal Ontario Museum is just the beginning of a tour of some of the most interesting galleries and museums in Toronto, including the Gardiner Museum of Ceramic Art, the Mira Godard Gallery, the Heffel Fine Art Auction House and Gallery 36. The Windsor Arms Hotel is a stunning architectural masterpiece, as well.

Parks & Rec

In 1993, the Village of Yorkville Park was opened, an award-winning park on Cumberland Avenue, which was designed with elements taken from Yorkville’s history and Canada’s diverse geographic landscape. “The Rock,” as it has become known, is a favourite meeting spot in the area. It was moved in pieces from the Canadian Shield and transported on 20 flatbed trailers to Toronto. It’s about a billion years old and weighs 650 tonnes.

Ro

Retail Therapy

Louis Vuitton, Gucci, Prada, Escada, Chanel, Tiffany’s … does it get any better than the upscale designer boutiques that line the “Mink Mile” along Bloor Street? The Holt Renfrew store on Bloor is a piece of Toronto history, and the iconic Hazelton Lanes, which first opened in 1976, has just received a major facelift. For those who don’t have bulging wallets — or a limitless AmEx card — The Hudson’s Bay store at Yonge and Bloor might be a better fit, and the new Nordstrom Rack that sits at the base of 1 Bloor East has offerings at both ends of the financial spectrum covered.

Easy Access

The TTC has three subway stops along this stretch of Bloor Street. At the west end, the Museum Station leaves you at the door of the ROM and it’s a leisurely walk along the recently refurbished Bloor Street, Cumberland Avenue or Yorkville Avenue into the heart of the action. The Bay station has a pedestrian exit right on Cumberland and the Bloor/Yonge station is at the east end of the neighbourhood. For those who use a limo, no worries, your driver knows where to go.

Bloor-Yorkville.com


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