Yorkville is a neighborhood and former village in Toronto, Ontario, Canada. 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 Annex” neighborhood officially.
Within the Yorkville district is one of Canada’s most exclusive shopping districts, anchored by the Mink Mile along Bloor Street. In 2006, Mink Mile was the 22nd most expensive street in the world, with rents of $208 per square foot. Yorkville had rents of $300 per square foot in 2008, making it the third most expensive retail space in North America. In 2008, the Mink Mile 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
Yorkville is one of Toronto’s most dynamic neighbourhoods. It is an eclectic mix of luxury condominium apartment buildings, commercial office towers, four star hotels, theatres, gourmet restaurants, a prestigious shopping district and picture postcard Victorian homes. The commercial heart of Yorkville is located on both Yorkville Avenue and on Cumberland Street. The transition to Yorkville’s quiet residential pocket is gradual, as Victorian houses shift from retail to residential uses in a seamless pattern that is uniquely Yorkville.