8 Park Rd. This condo at The Residences of 8 Park Road Yorkville is located in  Downtown, Toronto - image #1 of 6 by Strata.ca
8 Park Rd. This condo at The Residences of 8 Park Road Yorkville is located in  Downtown, Toronto - image #2 of 6 by Strata.ca
8 Park Rd. This condo at The Residences of 8 Park Road Yorkville is located in  Downtown, Toronto - image #3 of 6 by Strata.ca
8 Park Rd. This condo at The Residences of 8 Park Road Yorkville is located in  Downtown, Toronto - image #4 of 6 by Strata.ca
8 Park Rd. This condo at The Residences of 8 Park Road Yorkville is located in  Downtown, Toronto - image #5 of 6 by Strata.ca
pin_buy8 Park Rd
1Listing for Salefor Sale
3Listings for Rentfor Rent
building_buyThe Residences of 8 Park Road Yorkville
pin_buy8 Park Rdexpand addresses list
    building_buyThe Residences of 8 Park Road Yorkville
    1Listing for Salefor Sale
    3Listings for Rentfor Rent
    Walkability
    10/10
    Transit
    9/10
    Bikeability
    7/10
    © MapTiler © OpenStreetMap
    0
    CONDO Demand
    Average
    Unit Availability
    Average
    Property Type
    Condo
    Developer
    Minto Group Inc.
    Condo Completion
    2003
    Property Management
    ICC Property Management Toronto
    Unit Size Range
    400 - 1426 SQFT
    Number of Units
    297
    Number of Storeys
    28

    8 Park Rd, Toronto

    About this condo

    The first seven storey’s at 8 Park Road are reserved for commercial tenants, meaning residents living at don’t have to travel far to get their shopping done. The Hudson’s Bay Centre is home to shops like the Bay, M.A.C., LCBO, Kitchen Stuff Plus, and Longo’s, as well as the Consulate General of Spain — handy for any residents working on acquiring a Spanish passport.

    Built in 2003, the prominent concrete façade is Cursive text above the front entrance reads “The Residences of 8 Park Road, Yorkville,” with a set of gold-encased double doors directly below. Inside, the building is home to 297 downtown Toronto condos, which are spread out over 28 storeys.

    The luxurious theme endures within, with amenities like a “sky lobby” and communal terrace up on the 15th level. Even with almost 300 homes and their owners to service, the terrace is suitably sized, as it spans 12,000 square feet, and is equipped with barbecues for those who can’t bring themselves to leave — even to eat. And while the building doesn’t feature a gym of its own, a Good Life is ready and waiting downstairs, with residents privy to a special discount on memberships.

    Comfort and security are also high on the list of priorities at 8 Park: ICC Property Management Ltd. — a reputable and prominent name in the industry — is in charge of making sure everything runs smoothly. The building’s lobby also happens to be located on the 7th floor, ensuring that no unwanted strangers will wander into the building by accident.

    The Suites

    There's quite a range of units at 8 Park Road. The smallest Toronto condos for sale in the building are ideal for first time buyers or young professionals who would rather spend time out of the home anyways, with these suites beginning at approximately 475 square feet. Those in need of a little more space — for additional family members, furry friends, home offices, and so on — will prefer the 1400 square foot suites.

    The suites contain anything from one bedroom to two plus a den, with some penthouses available as well. While finishes may fluctuate, open concept layouts and floor-to-ceiling windows can be found throughout the building.

    The Neighbourhood

    While the building name suggests a Yorkville location, this property is technically situated in the Yonge and Bloor neighbourhood. Located on the cusp of downtown Toronto, where bustling Yonge and Bloor meets residential Rosedale, those living at 8 Road are able to experience the best of both worlds. Yet it doesn’t end with those two options either: residents will love exploring surrounding areas including the Danforth, and the Church-Wellesley Village.

    Immediately surrounding the 8 Park Condos, residents will find everything their hearts desire. From elegant eateries along Bloor Street West and in Yorkville, to shopping for everything from designer handbags to affordable home décor, all sorts of preferences are accommodated.

    When the time comes to get some serious errands done, residents are also in luck. The Market by Longo’s in the Hudson’s Bay Centre is accessible without even going outside, while the Rabba Fine Foods on Church Street is open 24 hours a day. Alternatively, the (rather large) Whole Foods on Avenue Road is available for those in need of some organic goods, while those who love high-end shopping are likely to be found perusing the aisles of Pusateri’s.

    In terms of entertainment, residents live within walking distance of some of the city’s most exciting venues. The Royal Ontario Museum and the Gardiner Museum are across from one another at Avenue Road and Bloor Street West, while the Bata Shoe Museum can be found just a little farther west.

    For something a little more off the beaten path, residents can head to the Canadian Boxing Hall of Fame and Museum, which is located just a 4-minute walk away. Another option for wasting away a rainy afternoon involves a visit to the nearby Cineplex Cinema Varsity and VIP theatre.

    Transportation

    When living directly above the Hudson’s Bay Centre—and therefore the Bloor-Yonge subway station — it’s hard to complain about traveling to and from one’s home. Thankfully, travel is made especially easy for those living at 8 Park, as these residents aren’t even required to step outside in order to catch a train.

    From the Bloor-Yonge station, travelers can access trains heading east and west on the Bloor-Danforth line, as well as north or south along the Yonge line.

    Those who prefer to make a more active commute will love the bike lanes found along Bloor Street East, extending as far west as Ossington. Bay street is another great option for cyclists commuting toward the Financial District, while more leisurely rides down to the lake shore can be made via the Don River Trails.

    And last but not least, drivers have their pick regarding how they prefer to get around, from inner-city driving along Bloor Street or Yonge, to expressways like the Don Valley Parkway, the 401, and the Gardiner.

    1

    Listings For Sale

    Interested in receiving new listings for sale?

    3

    Listings For Rent

    Amenities

    Amenities
    Concierge
    Security System
    Rooftop Deck/Garden
    Games Room
    Recreation Room
    Underground Parking
    Gym
    Party/Meeting Room
    Media Room
    BBQ

    Maintenance Fees Cover

    Maintenance fees include

    Water

    Owner / renter pays separately

    Hydro
    Heat
    Air Conditioning

    Past Sold & Rented Listings

    Stats, Trends & Rankings

    Price Per Square Foot
    The Residences of 8 Park Road Yorkville vs The Yonge and Bloor Area

    $224.00
    Less Expensive
    per SQFT compared to the neighbourhood average
    The Residences of 8 Park Road Yorkville's Avg
    price per SQFT
    $936 / SQFT
    Neighbourhood Avg
    price per SQFT
    $1,160 / SQFT

    Building Trends At The Residences of 8 Park Road Yorkville

    Days on Market

    Units at The Residences of 8 Park Road Yorkville spend an average of
    20
    Days on Market
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an

    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    6.5
    YEARS before being sold again

    Property Value

    0%
    Decrease in property value within the past twelve months

    Price Ranking

    26th
    Highest price per SQFT out of 33 condos in the Yonge and Bloor area

    Sold Units

    12
    Units were Sold over the past twelve months

    Rented Units

    32
    Units were Rented over the past twelve months

    Best Value

    The Residences of 8 Park Road Yorkville offers the
    ?
    best value out of 33 condos in the Yonge and Bloor neighbourhood

    Return on Investment

    The Residences of 8 Park Road Yorkville has the
    ?
    highest ROI out of 33 condos in the Yonge and Bloor neighbourhood

    Rental Yield

    The Residences of 8 Park Road Yorkville yields the
    ?
    highest rent prices out of 33 condos in the Yonge and Bloor neighbourhood

    High Demand

    The Residences of 8 Park Road Yorkville is the
    ?
    most popular building out of 33 condos in the Yonge and Bloor neighbourhood

    Sales vs Rental Values For This Condo

    1 Bed441 - 741 SQFT
    Average Cost Per Sqft
    No Data
    Sales Price Range
    No Data
    Rental Price Range$1,980 - $2,700
    1 Bed + Den555 - 870 SQFT
    Average Cost Per Sqft$964
    Sales Price Range$601,000 - $618,000
    Rental Price Range$2,050 - $3,200
    2 Bed698 - 1070 SQFT
    Average Cost Per Sqft$928
    Sales Price Range$668,000 - $870,000
    Rental Price Range$2,500 - $3,600
    2 Bed + Den944 - 948 SQFT
    Average Cost Per Sqft$879
    Sales Price Range$770,000 - $839,900
    Rental Price Range$3,500 - $3,500

    How Often Are Units Listed?

    Studio
    Average Sales Availability
    No Data
    Average Rental Availability
    No Data
    Ratio of Unit Type in Building1%
    1 Bed432 - 900 SQFT
    Average Sales Availability
    Every162Days
    Average Rental Availability
    Every40Days
    Ratio of Unit Type in Building22%
    1 Bed + Den545 - 1000 SQFT
    Average Sales Availability
    Every80Days
    Average Rental Availability
    Every30Days
    Ratio of Unit Type in Building31%
    2 Bed611 - 1200 SQFT
    Average Sales Availability
    Every66Days
    Average Rental Availability
    Every28Days
    Ratio of Unit Type in Building40%
    2 Bed + Den900 - 1100 SQFT
    Average Sales Availability
    Every298Days
    Average Rental Availability
    Every134Days
    Ratio of Unit Type in Building8%

    Maintenance Fees
    The Residences of 8 Park Road Yorkville vs The Yonge and Bloor Area

    $0.09
    More Expensive
    per SQFT compared to the neighbourhood average
    The Residences of 8 Park Road Yorkville's Avg
    monthly maintenance
    fee per SQFT
    $0.96 / SQFT
    Neighbourhood Avg
    monthly maintenance
    fee price per SQFT
    $0.87 / SQFT

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