Davenport Avenue and McMurrich Street
The 31-storey condo is being designed by Wallman Architects and features 238 suites from the low $300,000s. Suites will range from 430 sf to about 950 square feet.
The Yorkville Residences is located in the heart of the best shopping, dining and cultural influences Toronto has to offer.
There is something about YORKVILLE. An innate feeling, an almost palpable sense of PANACHE, about this exclusive midtown village in the heart of the Metropolis. Of chic ristorantes and DECADENT chocolatiers. Of priceless antiques, FINE CASHMERE and high thread counts. Of sun-kissed patios and intriguing laneways. Of VELVET ropes opened with knowing nods. Of abundant green parks or the perfect accent lighting. Of chic style and the CLARITY of diamonds. Of the tradition of high tea or an EXCEPTIONAL rare vintage. Of haute couture and fine cuisine. Of laughter, smiles and intriguing conversations. YORKVILLE has in itself a sense of unbridled confidence, of freedom, of life, and of place. And centred amidst Canada's most desired neighbourhood for MODERN urban style and sophistication, stands its embodiment... Your home. The YORKVILLE. Destined to be everything that makes living well an ART FORM.
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The Yorkville is the latest development from Lifetime Developments. Lifetime has been behind some of the hottest projects downtown over the last several years including X2, The Four Seasons, Victory, BISHA, and Liberty Market Lofts to name a few.
The location is strictly NOYO (North Yorkville), and I suspect the prices should reflect this (we won’t be seeing $1000PSF in this building). Still, although it’s on the other side of Davenport, it’s still only about 5mins walk to either Bay and Bloor or Yonge and Bloor, or Yorkville institutions like Sassafraz and Pusateri’s.
The architecture itself I think will polarize, as some will no doubt love it for it’s unique, bold shape, while others will malign it for trying to do too much (investors will only be asking, ‘will it make me money?’).
Amenities will include the usual 24hr concierge, gym and yoga studio, party room, roof top terrace, pool, PLUS some extras like piano lounge and wine cellar.
No pricing has been released yet but I would anticipate something in the $750-$850PSF range for this location (in other words, probably slightly below One Bloor prices). That number may seem shocking, but rest assured that it is well supported by the resale market for Yorkville with units at the nearby 18 Yorkville (by Great Gulf Homes) selling routinely in the $800PSF range (for suites with parking).
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