Editor's note, October 6, 2026: this article was reviewed and rewritten in our accuracy check. An earlier version contained neighbourhood price levels, rent tables and market statistics we could not trace to a published source; they have been removed or replaced with figures from the sources listed at the end of the article.
Yorkville is a small, central Toronto neighbourhood north of Bloor Street West, between roughly Yonge Street and Avenue Road, up to Davenport Road. In the 1960s it was the centre of Toronto's coffee-house and folk-music scene; today it's known for luxury shopping on Bloor Street's "Mink Mile", galleries, restaurants and some of the city's most expensive condominiums. The Royal Ontario Museum, Queen's Park and the University of Toronto are just to the southwest.
Homes
Most homes here are condominium apartments, from mid-century buildings to recent high-end towers with concierge, amenities and large suites, plus a few Victorian houses on side streets such as Hazelton Avenue and Berryman Street. Buildings vary a great deal in age, fees and reserve funds, so compare them building by building rather than relying on the neighbourhood's reputation.
Getting around
- Bay station (Line 2) is in the neighbourhood; Bloor–Yonge (Lines 1 and 2) and St. George and Museum (Line 1) are close by.
- Yorkville is walkable to the downtown core, and Bloor Street has protected bike lanes.
Costs at higher prices
Toronto's 2026 total residential property tax rate (municipal, regional where applicable, and education) is 0.767311% of assessed value: about $7,673 a year on a home assessed at $1,000,000. Toronto's municipal land transfer tax rises above $3,000,000 (from April 1, 2026), so on a $3,500,000 condo the provincial and municipal taxes together are $157,450. Purchases at $1,500,000 or more need at least 20% down. Foreign buyers also pay Ontario's 25% Non-Resident Speculation Tax and Toronto's 10% municipal non-resident tax.
Prices: TRREB publishes monthly sales and prices by municipality and by TRREB district, not by neighbourhood, and averages for small areas move a lot from month to month. For a current picture, look at recent sold prices on the streets you're considering, and ask an agent for a comparative market analysis. Across the GTA in August 2026, TRREB reported an average price of $993,410 (detached $1,288,669; condo apartment $617,593).
Frequently asked questions
What should I check before buying a condo here?
Make your offer conditional on your lawyer's review of the status certificate, which the corporation must provide within 10 days for a regulated fee of no more than $100 including HST. It shows the unit's monthly fee and any arrears, the reserve fund and its latest study, special assessments, insurance, any lawsuits, and the rules on leasing, pets and renovations. Compare fees per square foot between buildings, and ask what the parking spot and locker include.
Can I rent the unit out?
Usually, subject to the condo's declaration and rules and your mortgage terms. Units first occupied after November 15, 2018 are exempt from the rent increase guideline, but tenancies are still governed by the Residential Tenancies Act.
How is my property tax worked out?
Your bill is your property's assessed value, set by the Municipal Property Assessment Corporation (MPAC), multiplied by the total tax rate. Ontario has postponed province-wide reassessment, so 2026 property taxes are still based on assessed values as of January 1, 2016. A recent buyer's bill therefore reflects that 2016 value, not the price paid.
Thinking about buying here? Search current listings and recent sales on Summitly, talk to a licensed Summitly agent who works the area, or ask Zara, Summitly's AI virtual agent, for a neighbourhood briefing.
