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    The Residences of 8 Park Road Yorkville
    by Minto Group Inc.

    8 Park Road

    3for Sale
    5for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    28
    Number of Units:
    297
    Condo Completion:
    2003
    Condo Demand:
    Medium
    Unit Size Range:
    400 - 1,450 SQFT
    Unit Availability:
    Low
    Property Management:
    ICC Property Management Toronto

    Listing History for The Residences of 8 Park Road Yorkville

    Amenities

    Gym Room
    Rooftop Deck
    Games Room
    Concierge
    Party Room
    BBQ

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 8 Park RoadThe Residences of 8 Park Road Yorkville

    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.

    3

    Listings For Sale

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    5

    Listings For Rent

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    Nearby Amenities

    10/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    18,370
    Average Individual Income
    $64,750
    Average Household Size
    0 persons
    Average Age
    5
    Average Household Income
    $106,867
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    42%
    Semi Detached
    20%
    High Rise Apartment
    18%
    Low Rise Apartment
    12%
    Duplex
    5%
    Marital Status
    Commute
    Languages
    Tagalog
    1%
    Mandarin
    9%
    Cantonese
    8%
    Tamil
    1%
    English
    39%
    Indigenous Language
    31%
    Other
    11%
    Education
    High School
    26%
    Apprenticeship
    3%
    University and Above
    32%
    College
    17%
    University Below Batchelor
    3%
    None
    17%
    Major Field of Study
    Personal, Protective & Transportation Services
    3%
    Health & Related Fields
    12%
    Architecture & Engineering
    18%
    Humanities
    4%
    Physical Sciences
    5%
    Math & Computer Sciences
    8%
    Social Sciences
    12%
    Education
    4%
    Visual & Performing Arts
    3%
    Business Management
    26%

    Price Trends

    Building Trends At The Residences of 8 Park Road Yorkville

    Days on Strata

    Units at The Residences of 8 Park Road Yorkville spend an average of
    30
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the 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
    6.6
    YEARS before being sold again

    Property Value

    5%
    Increase in property value within the past twelve months

    Price Ranking

    17th
    Highest price per SQFT out of 33 condos in the Yonge and Bloor area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    42
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

    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

    Transaction Insights at 8 Park Road

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo DataNo Data$635,000$740,000 - $1,200,000No Data
    Avg. Cost Per SqftNo DataNo Data$1,024$955No Data
    Avg. Wait for Unit AvailabilityNo Data181 Days110 Days71 Days296 Days
    Ratio of Units in Building1%21%32%40%8%

    Maintenance Fees

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

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