Homes Stats
Homes For Sale: 37
Homes For Lease: 33
Average List Price: $1,672,965
Commerical Stats 30 day average
Commercial For Sale: 15
Commercial For Lease: 10
Average List Price: $197,333
Area Description
York Mills is the name of an affluent neighbourhood around Yonge Street and York Mills Road located in the district of North York in the city of Toronto, Ontario, Canada. In 2010, it encompassed the 4th and 7th most affluent postal codes in Canada. It is recognized as Millionaires' Row, alongside the other Toronto neighbourhoods of The Bridlepath, Forest Hill, Lawrence Park, and Rosedale.
Part of the area is also known as Hoggs Hollow, named for James Hogg, a Scottish settler who settled in the area in 1824 and operated the mill on Yonge Street at the Don River north of the Town of York (now Toronto), by his sons John and William in 1856. Another portion is named St. Andrew-Windfields. St. Andrew-Windfields most famous resident was the popular Canadian Philanthropist E. P. Taylor who left Canada towards the latter years of his life and donated Parkland (now Windfields Park) and his mansion (now the Canadian Film Centre).
York Mills is generally inhabited by families. The two age groups with the highest frequencies are 15-19 year olds (8.3%) and 45-49 year olds (8.7%). There is a dip in between these two age groups in 30-34 year olds (4.8%), indicating a lack in young professionals.
The neighbourhood is also known for its high levels of income. The median income is C$267,929, with the average income at C$657,613.
Houses in York Mills are highly distinguishable and contribute greatly to the proclaimed affluence of the neighbourhood. 50% of occupied dwellings are single detached houses. Many have been rebuilt and customized to taste, with heavily renovated front yards. In between 2001 to 2006, property values have increased by 47.6%. The second type of most occupied dwelling is apartments reaching five or more storeys, inhabited by 28% of the population.
The average price for condominiums in the area ranges from C$350,000 to C$1,000,000, while the average price of a detached home is just above C$2,000,000.