When investing in Toronto real estate, many people’s first choice is Downtown, but did you know? The best area in Toronto downtown is probably the most famous and most highly-educated community—Yorkville Toronto.
In this blog, we will talk about one of Toronto’s most famous communities, Yorkville Toronto.
Yorkville Toronto is the transportation hub of Toronto downtown, connecting the top to the bottom: up to North York and down to downtown Toronto. The business environment is great, with famous IT giants such as Facebook and Link, and charitable organizations such as WWF located here.
At the intersection of Yonge and Eglinton, there are two subway lines, a large shopping mall, and a variety of restaurants and stores, making Yorkville Toronto one of the busiest areas in Canada.
The Yorkville Toronto neighborhood (part of the Annex) is known as Toronto’s Fifth Avenue, on par with New York’s Fifth Avenue and Paris’ Champs Elysees, and is the most expensive shopping neighborhood in Canada.
The population of Yorkville Toronto is predominantly white and is mainly elite in various fields, including entrepreneurs, businessmen, bankers, lawyers, doctors, and more. Yorkville Toronto’s convenient transportation and entertainment facilities have also attracted a large number of young, high-class white-collar workers to settle in the area.
The condo prices in Yorkville Toronto are higher than the average price in Toronto, but it is in a highly sought-after location and you live in one of the most upscale areas of the city. If you are considering buying a Yorkville Toronto condo, this could be a solid investment.
For more information about the most recommended condos in Yorkville Toronto, click here: https://condotrend.com/33-yorkville-condos/