Yorkville is one of the most expensive, upscale, and convenient communities in downtown Toronto. In addition to Victorian architecture and streets, there are countless boutiques, bars, restaurants, designer stores, cafes, and bars. Yorkville is absolutely the dream place for most Torontonians to live, but here are some things you need to be aware of before you buy a condo here.
Yorkville condo buildings are more upscale and larger, but also more expensive
If you are on a budget but require more living space, Yorkville may not be the best choice for you. In addition to the high price of homes here (almost the most expensive neighborhood in Canada), you will also have to pay a large amount maintenance fee. This is a waste for people who don’t live here permanently.
Yorkville has a strong cultural atmosphere
In addition to the convenience of Yorkville’s transportation and shopping, it also has a strong arts atmosphere. There are many art galleries, museums, castles, and educational institutions in Yorkville. In Yorkville, you can have a wide variety of cultural events, parades, rallies, and opportunities to meet Toronto celebrities, movie stars, sports stars, and artists.
Yorkville apartments are relatively compact
Yorkville is the most expensive neighborhood in Toronto, and the majority of condo sizes are small condominiums. In addition, the space between homes and the space between buildings will be a bit narrower compared to the suburban houses. However, this is the reason why Yorkville condos are so expensive.
The 3 most recommended real estates in Yorkville
33 Yorkville (https://condotrend.com/33-yorkville-condos/)
33 Yorkville is one of the most striking condos in Toronto in 2021. It’s located at Bay St and Yorkville, in the heart of downtown Toronto. Here, you are just a step away from Toronto’s best stores, restaurants, cafes, and boutiques.
In addition, 33 Yorkville is also close to Bloor-Yonge—a major transportation hub. And it’s minutes from Toronto’s top universities and hospitals. This is the reason 33 Yorkville is a great investment opportunity.
Charles at Church
Located on the northwest corner of Church and Charles in downtown Toronto, Charles at Church condominiums were built by famous developer Aspen Ridge Homes and completed in 2020. It has an almost perfect walk score as well as a perfect traffic score. It only takes 5-10 minutes to walk to major banks, supermarkets, and shopping centers.
Built by Sierra Building Group, a famous developer with 25 years of experience, Platform Apartments features upscale and modern finishes. The building is fully equipped with 24-hour security, a luxury lobby, gym, meeting rooms, and BBQ area. With prices starting at just $300,000, this is a great property for investors.