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Case in point: the City is asking developers at 8 Cumberland Street in east Yorkville—one of Toronto’s most expensive neighbourhoods bubbling with historical culture—to revamp an application for a new condo tower. The Tequesta village web-site covers roughly half of a lengthy-vacant, two-acre city block on the north side of the river where the developer, MDM Development Group, plans to develop movie theaters, restaurants and a 34-story hotel. In the improvement as a whole, prices range from $245,http://doublebayresidences.nethttp://doublebayresidences.nethttp://doublebayresidences.net to more than $1-million for the penthouse suites.