Yonge City Square Condos
Gupta Group is set to launch a new condo development, Yonge City Square Condos, at 4050 Yonge Street in North York. The project will be a mixed-use complex that will include a four-star hotel, office and retail space, luxury condominiums, and 1.16 acres of conservation land. The development will be built on a 3.2-acre parking lot that is currently managed by the TTC.
Yonge City Square Condos Details
Developer: The Gupta Group
Address: Yonge St & York Mills Rd, North York
Storeys/Suites: 28 & 14-Storeys / 526 Suites
Suite Types: One Bedroom – Three Bedroom Suites
Suite Sizes: TBA
Maintenance Fees: TBA
Deposit Structure: TBA
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies, Assignment, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements
Suite Finishes: Laminate Flooring, Stone Kitchen Countertops, Stainless Steel Kitchen Appliances, Stacked Washer and Dryer & More
- Builder (s) : The Gupta Group
- Architect(s): IBI Group
- Interior Designer(s): Studio Munge
Toronto is the largest city in Canada with over 2.7 million people, and it’s growing rapidly. The city’s population is expected to continue to rise, and by 2031 it will require 259,000 new homes, but the city will only be able to provide 157,800 new homes, leading to a shortage of over 100,000 homes. This is projected to drive up demand for existing housing, leading to increased real estate values and rental rates.
Toronto is a world-class city, renowned internationally as the most diverse and multicultural city. It is home to one of the fastest-growing tech sectors in North America and the second-largest financial center in North America. It has three world-renowned universities: The University of Toronto, Toronto Metropolitan University, and York University. Moreover, the city is safe, full of diverse food and entertainment options for everyone, making it an ideal location for people to move in.
The city is well connected and serviced by subway transit, Up Express, Streetcars, GO Transit, Eglinton LRT, Billy Bishop Airport, and a short commute to Pearson International Airport. Yonge St & York Mills Rd, is a highly sought after address in Toronto’s north end, placing residents steps from multiple TTC Transit stops, the York Mills Subway Station, and minutes from Highway 401. Shopping options include Yorkdale Shopping Centre, Yonge Sheppard Centre, and Bayview Village Shopping Centre, along with numerous restaurants, cafes, and shops that can be found all along Yonge St.
The Gupta Group and Easton’s Group of Hotels are one of Canada’s largest and most diverse real estate businesses. They have launched highly successful condominium projects in downtown Toronto, including Dundas Square Gardens Condominiums and The Rosedale on Bloor, with many more residential and commercial projects to come. These outstanding projects are distinguished for their hospitality touch and lifestyle-oriented amenities, drawing on the Gupta Group’s extensive experience in the hotel industry.
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