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Yonge City Square Residences
4050 Yonge Street, North York, Toronto, ON
Suites & layouts
Studio Suites
One Bedroom
One Bed + Den
Two Bedroom
Two Bed + Den
Three Bedroom
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- Complete floor plan package (PDF)
- Current pricing and available suites
- Deposit structure and incentives
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Renderings, brochure & floor plans
Official Brochure
The builder’s complete brochure including finishes and specifications.
Request the packageFloor Plan Package
Every available layout with dimensions, exposures and current pricing.
Request floor plansWhat matters here
The Gupta Group has offered extended deposit programs on this project, including structures spreading the deposit well past the standard 12-month schedule. Extended deposits are the single most negotiable term in pre-construction — ask which program is live before you sign.
Programs marketed as “no mortgage pre-approval required” reduce friction at signing but do not remove the requirement at final closing. You still need to qualify years from now, at rates nobody can predict today.
Average pricing here sits near $1,669 per square foot. That is a premium number for North York and it needs to be justified by the Line 1 access and the 401 proximity — not assumed.
Development charge caps and assignment rights are separate clauses from the deposit schedule. I read both before a client commits. Ask me what the current terms are.
Pricing, incentives and availability are set by the builder and change without notice. Confirm current terms with me before relying on them.
The facts
| Project Name | Yonge City Square Residences |
| Address | 4050 Yonge Street, North York, Toronto |
| Developer | The Gupta Group |
| Type | Pre-construction condominium |
| Estimated Occupancy | 2027 |
| Average Price Per Sq Ft | Approximately $1,669 |
| Nearest Subway | York Mills Station (Line 1) |
| Highway Access | Highway 401 at Yonge Street |
| Status | Selling — current release |
Building features
Jatin’s read on Yonge City Square
Who this suits
Buyers who want Line 1 subway access without downtown pricing, and investors targeting the York Mills and Hoggs Hollow rental pool — an area with consistent tenant demand from professionals working downtown and in the North York business district.
What to watch
The average price per square foot here is high for North York. That number only works if you are genuinely buying the transit access and the 401 convenience. Run the rent math before you assume it cash flows, and confirm which deposit program is actually available to you — marketed programs change between releases.
The value question
Yonge and York Mills is one of the few Toronto nodes that combines subway, highway and established residential value in one place. The question is not whether the location is good — it is whether the per-square-foot premium is already pricing in the next five years of that advantage.
Yonge Street at York Mills
4050 Yonge Street places you at the junction of Line 1 and Highway 401 — arguably the most convenient combination of transit and highway access anywhere in North Toronto. York Mills Station is a short walk, putting Union Station roughly 25 minutes away by subway. The 401 on-ramp at Yonge means a car trip to Pearson, Vaughan or Scarborough starts immediately rather than after a crosstown crawl. The immediate surroundings are established: Hoggs Hollow, York Mills Valley Park, the Don Valley trail system, and the retail and dining along Yonge north of Wilson. Schools in this catchment are among the stronger public options in North York, which matters for the resale pool on larger suites.
Yonge City Square questions
Where is Yonge City Square Residences located?
At 4050 Yonge Street in North York, Toronto — at the Yonge Street and Highway 401 junction, walking distance to York Mills Station on Line 1.
Who is the developer of Yonge City Square Residences?
The Gupta Group.
When is occupancy at Yonge City Square Residences?
Estimated occupancy is 2027. Builder occupancy dates move — confirm the current projection before you plan around it.
What is the average price per square foot at Yonge City Square?
Publicly reported figures put the average around $1,669 per square foot. Actual pricing varies by suite, floor and exposure — request the live price list above.
Is Yonge City Square close to the subway?
Yes. York Mills Station on Line 1 (Yonge–University) is within walking distance, and Highway 401 access is immediate at Yonge Street.
Can I still get an extended deposit at Yonge City Square?
Extended deposit programs have been offered on this project. Availability changes between releases — ask me what is live right now before you commit to a schedule.
How much deposit do I need for Yonge City Square Residences?
Most Toronto pre-construction projects run a 15–20% deposit spread over 12–24 months. The exact structure for Yonge City Square Residences is in the information package — request it above and I’ll send the current schedule.
Is there a cooling-off period on Yonge City Square Residences?
Yes. Ontario gives pre-construction condo buyers a 10-day statutory rescission period from the later of receiving the disclosure statement or the fully signed agreement. Use it — have a lawyer read the agreement inside those 10 days.
Are development charges capped at Yonge City Square Residences?
Capped development charges are one of the most valuable terms in a pre-construction agreement, and they vary by release. I always check the cap language before a client signs. Ask me what the current cap is on Yonge City Square Residences.
Do I pay HST on Yonge City Square Residences?
If you or an immediate family member move in as a primary residence, HST is normally built into the purchase price with the rebate assigned to the builder. If you buy to rent, you pay the HST up front and claim it back through the NRRP rebate. Different math — plan for it before you sign.
Can I rent out my unit at Yonge City Square Residences?
Generally yes after final closing, and often during interim occupancy if the builder permits it. Occupancy-period rentals and assignment rights are separate clauses — both worth negotiating.
Should I get pre-approved before buying at Yonge City Square Residences?
You don’t need a mortgage commitment to sign, but you do need one at final closing, which can be years out. I always tell buyers to run the numbers with a broker first so the closing isn’t a surprise.
What is interim occupancy at Yonge City Square Residences?
It’s the window between moving in and the building registering as a condo corporation. You pay an occupancy fee to the builder — not mortgage payments — and you don’t own title yet. It can last months. Budget for it.
Is the Yonge & York Mills corridor a good area to buy pre-construction?
I’d rather answer that for your situation than in the abstract. Send me a note and I’ll tell you honestly whether the Yonge & York Mills corridor fits what you’re trying to do — including when it doesn’t.
Who is Jatin Dua?
I’m a Realtor with RE/MAX Quantum Realty working across Etobicoke and Toronto, with a focus on condos and pre-construction. I help buyers read the agreements properly, negotiate the terms that actually matter, and avoid the projects that don’t make sense. Reach me at connect@jatindua.com or 437-987-1925.
Yonge City Square Residences is a new construction development. Prices, sizes, specifications, incentives and availability are set by the builder and are subject to change or withdrawal without notice. Figures shown are compiled from publicly available sources as at August 2026 and should be independently verified. Renderings are artist’s concepts and illustrative only. This page is for information purposes and is not an offering for sale. Jatin Dua, Realtor, RE/MAX Quantum Realty. Not intended to solicit buyers or sellers currently under contract. E. & O.E.
Thinking about Yonge City Square?
I’ll walk you through the floor plans, the contract terms worth negotiating, and whether the numbers work for your situation — before you commit to anything.
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