Toronto Loft Conversions

I know classic brick and beam lofts! From warehouses to factories to churches, Laurin will help you find your perfect new loft.

Modern Toronto Lofts

Not just converted lofts, I can help you find the latest cool and modern space. There are tons of new urban spaces across the city.

Unique Toronto Homes

Not just lofts, we can also help you find that perfect house. From the latest architectural marvel to a piece of our Victorian past, the best and most creative spaces abound.

Condos in Toronto

I started off selling mainly condos, helping first time buyers get a foothold in the Toronto real estate market. Now working with investors and helping empty nesters find that perfect luxury suite.

Toronto Real Estate

For all of your Toronto real estate needs, contact Laurin. I am dedicated to helping you find that perfect and unique new home to call your own.

 

Yorkville

The Mink Mile. Toronto’s Rodeo Drive. These are names coined for the Yorkville area, Toronto’s most exclu­sive neigh­bour­hood. It’s where the stars come out to play and the beau­ti­ful peo­ple min­gle. The lux­u­ri­ous con­dos built here attract peo­ple with an eye for qual­ity and the money to pay for it.

Here you’ll find one of North America’s most expen­sive retail enclaves. Bloor Street, Yorkville, Hazel­ton Lanes, Cum­ber­land Ter­race: this is where the well-heeled shop for swank cou­turier fash­ions, sparkling jew­ellery and lux­ury cars. It’s where the city’s elite sip cap­puc­cino and fine wine; where they dine; where they indulge them­selves at deca­dent spas and hair salons. It’s a place to see and be seen, the epit­ome of cos­mopoli­tan living.

Yorkville is a for­mer vil­lage, annexed by the City of Toronto. It is roughly bounded by Bloor Street to the south, Dav­en­port Road to the north, Yonge Street to the east and Avenue Road to the west, and is con­sid­ered part of the The Annex neigh­bour­hood officially.

Yorkville

Yorkville is Toronto’s most exclu­sive neighbourhood

It is rec­og­nized as one of Canada’s most exclu­sive shop­ping dis­tricts. The local sec­tion of Bloor Street, the main shop­ping avenue, vies nation­ally with Vancouver’s Rob­son Street. In 2006, both were the 22nd most expen­sive streets in the world, with rents of $208 per square foot. Yorkville now com­mands rents of $300 per square foot, mak­ing it the third most expen­sive retail space in North Amer­ica. In 2008, Bloor St. was named the sev­enth most expen­sive shop­ping street in the world by For­tune Mag­a­zine, claim­ing ten­ants can pull in $1,500 to $4,500 per square foot in sales.

Dur­ing the Toronto Inter­na­tional Film Fes­ti­val, Yorkville becomes an excel­lent place for celebrity-spotting, espe­cially in the Hazel­ton Lanes shop­ping com­plex. Most recently, how­ever, the celebri­ties once seen dur­ing the Toronto Inter­na­tional Film Fes­ti­val have migrated else­where and are now most often seen in the enter­tain­ment dis­trict bars and after-hour clubs near the CITY-TV build­ing. Yorkville still remains the top celebrity hang­out in Toronto, and celebri­ties can be spot­ted there through­out the year.

Lux­ury hotels in Yorkville include the Inter­Con­ti­nen­tal Toronto Yorkville, Four Sea­sons, the Park Hyatt, the Hazel­ton Hotel, the Wind­sor Arms Hotel, the Res­i­dence on Bay and the Toronto Mar­riott Bloor Yorkville Hotel.

There are also many offices and pro­fes­sional ser­vices. Notable companies/organizations include the Retail Coun­cil of Canada, Canada Post, IBM Canada, Alliance Atlantis, Famous Play­ers, Para­mount Pic­tures, Show­case Tele­vi­sion, Twen­ti­eth Cen­tury Fox Film Cor­po­ra­tion, Unilever and the con­sulates of sev­eral nations.

Yorkville shopping district

Yorkville shop­ping district

MTV Canada head­quar­ters are located in Yorkville as well. Canada’s largest museum and the fifth largest in North Amer­ica, the Royal Ontario Museum is located at the inter­sec­tion of Bloor and Avenue Rd. The area north of Bloor St. on Cum­ber­land and Yorkville con­tain petite streets with cafes, restau­rants and spe­cialty bou­tiques. It resem­bles more of a Euro­pean style district.

Yorkville is also home to some of Toronto’s most expen­sive con­do­mini­ums, most start­ing at over one mil­lion dol­lars and going well beyond, includ­ing: The Prince Arthur, Renais­sance Plaza, 10 Bel­lair, One St. Thomas, Wind­sor Arms Hotel, The Hazel­ton Hotel & Res­i­dences, Hazel­ton Lanes.

Begun in 2008, the Bloor-Yorkville Busi­ness Improve­ment Area and the City of Toronto updated the streetscape from Church Street to Avenue Road. The objec­tive is to cre­ate an enhanced pedes­trian expe­ri­ence with widened side­walks, mature trees, flower gar­dens, mod­ern light­ing and pub­lic art.

Founded in 1830 by entre­pre­neur Joseph Bloore (after whom Bloor Street, one of Toronto’s main thor­ough­fares, is named) and William Bots­ford Jarvis of Rosedale, the Vil­lage of Yorkville began as a res­i­den­tial sub­urb. Bloore oper­ated a brew­ery north-east of today’s Bloor and Church Street inter­sec­tion. Jarvis was Sher­iff of the Home District.

The two pur­chased land in the Yorkville dis­trict, sub­di­vid­ing it into smaller lots on new side streets to those inter­ested in liv­ing in the cleaner air out­side of York. The vil­lage grew enough to be con­nected by an omnibus ser­vice in 1849 to Toronto. By 1853, the pop­u­la­tion of the vil­lage had reached 1,000, the fig­ure needed to incor­po­rate as a vil­lage and the Vil­lage of Yorkville was incor­po­rated. Devel­op­ment increased and by the 1870s, Potter’s Field, a ceme­tery stretch­ing east of Yonge Street along the north side of Con­ces­sion Road (today’s Bloor Street) was closed, and the remains moved to the Necrop­o­lis and Mount Pleas­ant cemetery.

Yorkville Condos

Yorkville Con­dos

By the 1880s, the cost of deliv­er­ing ser­vices to the large pop­u­la­tion of Yorkville was beyond the Village’s abil­ity. It peti­tioned the City of Toronto to be annexed. The char­ac­ter of the sub­urb did not change and its Victorian-style homes, quiet res­i­den­tial streets, and pic­turesque gar­dens sur­vived into the 20th cen­tury. In 1923, Toronto Hebrew Mater­nity and Con­va­les­cent Hos­pi­tal was opened at 100 Yorkville Avenue and a year later the name was changed to Mount Sinai Hos­pi­tal. The facade of this build­ing still stands today and houses retailer Teatro Verde.

In the 1960s, Yorkville flour­ished as Toronto’s bohemian cul­tural cen­tre. It was the breed­ing ground for some of Canada’s most noted musi­cal tal­ents, includ­ing Joni Mitchell, Neil Young and Gor­don Light­foot, as well as then-underground lit­er­ary fig­ures such as Mar­garet Atwood, Gwen­dolyn MacEwen and Den­nis Lee. Yorkville was also known as the Cana­dian cap­i­tal of the hip­pie move­ment. In 1968, nearby Rochdale Col­lege at the Uni­ver­sity of Toronto was opened on Bloor Street as an exper­i­ment in coun­ter­cul­ture edu­ca­tion. Those influ­enced by their time in 1960s-70s Yorkville include cyber­punk writer William Gib­son. Its dom­i­na­tion by hip­pies and young peo­ple led MPP Syl Apps to refer to it as “a fes­ter­ing sore in the mid­dle of the city” and call for its “eradication.”

After the con­struc­tion of the Bloor-Danforth sub­way the value of land nearby increased as higher den­si­ties were allowed by the City’s offi­cial plan. Along Bloor Street, office tow­ers, the Bay depart­ment store and the Holt Ren­frew depart­ment store dis­placed the local retail. As real estate val­ues increased, the res­i­den­tial homes north of Bloor along Yorkville were con­verted into high-end retail, includ­ing many art gal­leries, fash­ion bou­tiques and antique stores, and pop­u­lar bars, cafes and eater­ies along Cum­ber­land Street and Yorkville Avenue. Many smaller build­ings were demol­ished and office and hotels built in the 1970s, with high priced con­do­minium devel­op­ments being built in the last decade or so.

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Con­tact Lau­rin Jef­frey for more infor­ma­tion – 416−388−1960

Lau­rin Jef­frey is a Toronto Real­tor with Cen­tury 21 Regal Realty. He did not
write these arti­cles, he just repro­duces them here for peo­ple who are
inter­ested in Toronto real estate. He does not work for any builders.

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