Yeah that's fine, because Bay is the name and Yorkville underneath is just a handy information.
All the names really irk me, but Eglinton station above all stands out for its stupidity. Whereas the others at least are trying to name the station after a neighborhood, which I don't think works in the Toronto context, but at least it has a reason.
The station names in LA made sense and you knew exactly where you were (e.g. Wilshire/Normandie, Wilshire/Vermont, Wilshire/Western, Hollywood/Western. Why not name the stations after the cross-streets so you know exactly where you are in the context of the city?