Police said the woman, who was with her infant at the time, was approached by the two youths, believed to 14-years-old and 12-years-old, and robbed.
Police did not specify what belongings were stolen in the incident, but did say the property has since been recovered.
The woman sustained minor injuries.
Police said the two young people are also suspected in an earlier robbery, which is believed to have occurred around 7 p.m. Thursday evening in the Scarborough area.
Both young suspects are expected in court today.