Yorkville Condos for Sale

Yorkville is consistently ranked as Toronto’s top neighbourhood for luxury condo investment. The area’s Walk Score of 99, world-class shopping and dining, proximity to the subway, and strong rental demand make it highly attractive to both investors and end-users. Average rental yields for one-bedroom units range from 3.5–4.5%, and the neighbourhood’s prestige ensures continued property value growth. Yorkville condos are particularly popular with international buyers.

Monthly maintenance fees in Yorkville typically range from $0.65 to $1.10 per square foot, reflecting the premium amenities and services. For a 700 sq ft one-bedroom, expect fees between $455–$770 per month. These fees usually cover water, heating, building insurance, common area maintenance, 24-hour concierge, and access to luxury amenities like fitness centres, pools, rooftop terraces, and valet parking. Newer luxury buildings tend to have higher fees due to extensive amenity packages.

The process starts with mortgage pre-approval to determine your budget. Next, work with a real estate agent who specializes in Yorkville luxury condos to identify suitable properties. Once you find a condo, you’ll submit an offer, negotiate terms, and sign an Agreement of Purchase and Sale. A typical closing period is 30–90 days. You’ll need a deposit (usually 5% upon acceptance), a home inspection (optional for condos), a lawyer for closing, and land transfer tax payment. First-time buyers in Ontario may qualify for a land transfer tax rebate of up to $4,000.

Yorkville has exceptional transit connectivity with a Walk Score of 99 and Transit Score of 100. Bay Station (Line 1 & 2 subway) is a 3-minute walk, providing direct access to the entire city. Bloor-Yonge Station is 5 minutes away. The 6 Bay bus runs through the neighbourhood. Museum Station is 8 minutes west. Union Station, with GO Transit and UP Express to Pearson Airport, is about 10 minutes by subway. The neighbourhood is also highly walkable and bike-friendly.

Yorkville condos offer Toronto’s most comprehensive luxury amenity packages. Common features include 24-hour concierge and security, state-of-the-art fitness centres, indoor pools, rooftop terraces with BBQ areas, party rooms, private dining rooms, screening rooms, yoga studios, pet spas, bicycle storage, and guest suites. Premium buildings like Four Seasons Private Residences, The Hazelton, and One Bloor offer valet parking, wine cellars, golf simulators, and spa facilities.

Yes, Yorkville is increasingly popular with affluent families. The neighbourhood is home to well-rated schools like Jesse Ketchum Public School and Rosedale Junior Public School, multiple licensed daycares and Montessori programs, and excellent parks including Ramsden Park and Village of Yorkville Park. The area also has community centres, family-friendly restaurants, and is close to the Royal Ontario Museum and University of Toronto. The walkability and safety of the neighbourhood make it ideal for families.

Key factors to evaluate include the developer’s track record with luxury projects, the building’s floor plans and unit layouts, the deposit structure (typically 15–20% spread over 12–18 months), estimated occupancy date, and the assignment clause in your agreement. Review the condo’s projected maintenance fees, included finishes and upgrade options, parking and locker availability, and the building’s location relative to Bloor Street and transit. Always have a real estate lawyer review the purchase agreement before signing.

Property taxes in Toronto are calculated based on the assessed value of your unit by MPAC (Municipal Property Assessment Corporation) multiplied by the city’s residential tax rate, which is approximately 0.67% as of 2025. For a condo assessed at $800,000, annual property taxes would be roughly $5,360. Property taxes are separate from monthly maintenance fees and are paid directly to the City of Toronto, either monthly, quarterly, or annually.

Yes, most Yorkville condos allow rentals, though some buildings may have restrictions on short-term rentals (under 28 days). Toronto’s rental market is very strong in Yorkville due to its prestige and central location. Average rents for a one-bedroom range from $2,600–$3,200 per month, while two-bedrooms command $3,500–$4,800. As a landlord, you’ll need to comply with Ontario’s Residential Tenancies Act and register with the city if offering short-term rentals.