8 Park Road
Building Details
Listing History for The Residences of 8 Park Road Yorkville
Amenities
Maintenance Fees
About 8 Park Road — The 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.
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At The Residences of 8 Park Road Yorkville
Days on Strata
List vs Selling Price
Or in other words, the
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
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High Demand
Transaction Insights at 8 Park Road
Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
---|---|---|---|---|---|
Price Range | No Data | $560,000 | $618,500 - $700,000 | $680,000 - $1,200,000 | $850,000 |
Avg. Cost Per Sqft | No Data | $1,182 | $1,017 | $883 | $1,031 |
Price Range | No Data | $2,350 - $2,400 | $2,400 - $3,000 | $2,700 - $3,800 | $3,475 - $3,500 |
Avg. Wait for Unit Availability | No Data | 286 Days | 101 Days | 66 Days | 378 Days |
Avg. Wait for Unit Availability | No Data | 45 Days | 31 Days | 26 Days | 131 Days |
Ratio of Units in Building | 1% | 21% | 31% | 42% | 7% |
Unit Sales vs Inventory
Total number of units listed and sold in Church - Toronto