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Starting From: CAD 615,000

Yonge City Square Residences

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4050 Yonge Street, Toronto, ON

High-Rise Condo in Toronto

Last Updated: May 15, 2024

ABout

Yonge City Square Residences is an upcoming high-rise condominium development by The Gupta Group, currently in the preconstruction phase at 4050 Yonge Street, in Toronto, ON. The estimated completion date for occupancy for this property is in 2028.

This development will consist of two high-rise buildings, one with 28 storeys and the other with 14 storeys, offering a total of 526 and 190 units respectively. The architectural features of Yonge City Square Condos are being designed by IBI Group, known for their attractive and distinct designs. Each condo unit will showcase trending features and modern finishes.

The units will range from studio to three-bedroom layouts, varying in size from 332 square feet to 1,850 square feet. Buyers can anticipate spacious and unique units with exquisite interiors and modern finishes.

Prices for units in this Toronto condo start at $615,000.

Property Details

Pricing & Fee

Current Incentives

PREMIUM SUITE INCENTIVES
ONE-YEAR MORTGAGE GUARANTEE
A REBATE OF UP TO $7,776 PER MONTH FOR 12 MONTHS*
*Incentive current as of Nov. 22, 2023
PREMIUM SUITE INCENTIVES
FREE ASSIGNMENT**
RIGHT TO LEASE DURING INTERIM OCCUPANCY**
3.2% INTEREST RATE ON ALL DEPOSITS***
DISCOUNTED STANDARD PARKING - $125,000
REDUCED EV PARKING UPGRADE - $15,000
DEVELOPMENT CHARGES CAPPED AT $22,000
*Incentive current as of Nov. 22, 2023
EXCLUSIVE PROMOTIONS
FREE ASSIGNMENT**
RIGHT TO LEASE DURING INTERIM OCCUPANCY**
3.2% INTEREST RATE ON ALL DEPOSITS***
DISCOUNTED STANDARD PARKING - $125,000
REDUCED EV PARKING UPGRADE- $15,000
CAPPED DEVELOPMENT CHARGES
Studio/1 Bed/1 Bed+Den - $18,000
2 Bed/2 Bed+Den - $20,000
3 Bed/ 3 Bed+Den - $22,000
*Incentive current as of Nov. 22, 2023

Deposit Structure

STANDARD:
$10,000 on Signing
Bal to 5% in 30 days
2.5% in 150 Days
2.5% in 370 Days
2.5% on Feb 15th, 2025
2.5% on June 1st, 2025
5% on Occupancy (2028)
EXTENDED:
$10,000 on Signing
Bal to 5% in 30 days
2.5% on Aug 1, 2024
2.5% on Feb 1, 2025
2.5% on Feb 1, 2026
2.5% on Aug 1, 2026
5% on Occupancy

Pricing & Fee

Available unit price: From $615,000 to over $3,888,000
C.C/maint: $0.75 Per SqFt per Month
Cost to purchase parking: $125,000.00 (Available to Suites 2 Bedroom and larger
EV Upgrade: $15,000
Parking Maintenance Fee: $99.99/month)
Cost to purchase storage: $10,000.00 (Locker Below Grade: $10,000
Locker Above Grade: $20,000
Locker Maintenance Fee: $19.99/month)
Average price per sqft: $1701 per SqFt
Co-op fee realtors: -

Amenities

Gym
Library
Fireplace
Sauna
Treatment Room
Dog Park
Fire Pit
BBQ Area
Private Dining Room
Golf Simulator
Cabanas
Children's Playground
Rooftop Terrace
Games Room
Party Room
Mahjong Room
Mini Golf
Movie Theatre
Bicycle Parking
Guest Suite
Steam Room
Dance Studio
Yoga Studio
Outdoor Swimming Pool
Entertainment Lounge

Floor Plans

Yonge City Square Residences Location

Yonge City Square Residences, developed by The Gupta Group, is an upcoming condominium complex located at 4050 Yonge Street in Toronto’s Lansing-Westgate neighborhood. The neighborhood has a walk score of 82/100 and a transit score of 85/100. Future residents will have the chance to experience the lively atmosphere of Yonge and Sheppard and enjoy living near modern conveniences, popular dining spots, a variety of shopping choices, expansive green areas, and easy access to public transportation—all within reach.

Prospective residents of Yonge City Square Condos will benefit from easy access to numerous entertainment, retail, and dining options. The York Mills Shopping Centre is just a 3-minute drive away, while the Yorkdale Shopping Centre is a quick 6-minute drive. Earl Bales Park and Gwendolen Park are also nearby, offering residents protected green spaces to enjoy year-round. Golf enthusiasts can also indulge in a day at the nearby award-winning Don Valley Golf Course.

Highlight At Yonge City Square Residences

Nestled in Toronto's Lansing-Westgate neighborhood
20-minute drive to downtown Toronto
4-minute drive to Sheppard Yonge Station
18-minute drive to Union Station
Direct access to HWY 401, 404, and DVP
14-minute drive to Toronto Pearson International Airport
3-minute drive to York Mills Shopping Centre
6-minute drive to Yorkdale Shopping Centre
Short drive to Earl Bales Park and Gwendolen Park
Minutes away from Don Valley Golf Course
6-minute drive to York University Glendon Campus
16-minute drive to University of Toronto
20-minute drive to Toronto General Hospital

Neighbourhood

Transportation

Yonge City Square Residences offers its residents a prime location with exceptional transportation connectivity. The vicinity is efficiently served by the TTC, offering a variety of transportation choices such as buses, streetcars, and subways. For those seeking the nearest transit option, Sheppard Yonge Station is conveniently located just a short 4-minute drive away, while Union Station can be reached within a mere 18 minutes. Additionally, motorists will appreciate the direct accessibility to major highways including HWY 401, 404, DVP, and other arterial routes.

Furthermore, Toronto Pearson International Airport is conveniently situated a mere 14 minutes away for flights.

Education

Furthermore, this neighborhood is well-established and suitable for families, offering proximity to top-notch schools and leisure activities for residents with kids. The York University Glendon Campus is only a short 6-minute drive away for college students, while the University of Toronto is just a 16-minute drive from Yonge City Square Residences. Both can be conveniently reached by car or public transportation, making it an excellent option for off-campus housing.

Yonge City Square Residences is a perfect choice for professionals and property investors, thanks to its robust economy, thriving rental market, and rising property prices.

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Developer

The Gupta Group
The Gupta Group is a multi-faceted Toronto development company founded by Dr. Steve Gupta that is comprised of passionate, skilled leaders who are paving the way for the future of diversified business management, hotel and hospitality excellence, and residential concepts that bring new life and vitality to the communities they serve.

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