Concord Sky — 391 Yonge Street
One of the tallest residential towers in Canada — 85 storeys and 1,407 suites at Yonge and Gerrard, in the middle of the densest, most transit-served stretch of the city. Scale is both the appeal and the risk here.
What is being built
1,407 suites ranging from 295 to 1,335 sq ft. In a building this large the suite you choose matters more than the address — the small formats compete against hundreds of near-identical units inside your own building.
Unlock prices & floor plans
Tell me your budget and intended use. I will send current availability and pricing, and give you a straight view on which floors and layouts are worth paying for in a building of this scale — and which are not.
Confirmed project details
| Address | 391 Yonge Street, Toronto |
| Neighbourhood | Yonge & Gerrard / Garden District |
| Developer | Concord Adex |
| Storeys | 85 |
| Total suites | 1,407 |
| Suite size range | 295 – 1,335 sq ft |
| Occupancy | 2026 |
| Status | Under construction |
| Transit | College and Dundas stations (Line 1) within walking distance |
Everything above is what has been publicly confirmed. Pricing, floor plans, deposit structure, incentives and occupancy dates are set by the builder and change without notice — I confirm current details directly with the sales office before you commit.
Features & amenities
- One of the tallest residential towers in Canada
- Mixed-use development on the Yonge Street corridor
- Walking distance to College and Dundas subway stations
- Toronto Metropolitan University campus adjacent
- Eaton Centre and the Yonge retail strip at hand
- Hospital row and the Financial District within walking distance
Jatin’s honest read on Concord Sky
Who this suits
Buyers who want the absolute centre of the city. Yonge and Gerrard is as central as Toronto gets — two subway stations within walking distance, Toronto Metropolitan University adjacent, hospital row, the Eaton Centre and the Financial District all on foot.
Higher-floor buyers wanting long views. At 85 storeys, upper floors have sightlines nothing nearby can obstruct. In a building this tall, height genuinely is the product.
Student and hospital rental demand. If you are investing, the tenant pool here is deep and constantly renewing.
What to watch
1,407 suites is the central fact. When this building registers, an enormous number of near-identical units reach the resale and rental market simultaneously — inside your own building, on your own floor plate. That is the single biggest structural risk here, and it falls hardest on the 295 sq ft studios and one-bedrooms.
Very small suites are the weakest position in this market. A 295 sq ft studio has no differentiation: no scarce square footage, no protected view unless you are high, no transit advantage the rest of the building lacks.
Yonge Street is loud. Lower floors face genuine street noise on one of the busiest corridors in the country.
Amenity pressure. Elevators and amenities serving 1,407 suites behave differently from those serving 200.
The value question
I will be blunt: the location is superb and the scale is a genuine problem. GTA condo values are down roughly 4.5% year over year, and undifferentiated small units in high-supply buildings are the hardest asset in this market to sell or rent competitively.
If you buy here, buy something the building itself makes scarce — a high floor with a protected long view, or one of the larger 1,000+ sq ft layouts. Avoid the entry studio unless the price genuinely compensates for competing against hundreds of identical units. And as always right now: only buy if you can carry, close and hold, because pre-construction units frequently appraise below contract at closing.
391 Yonge Street, Yonge & Gerrard, Toronto
Yonge and Gerrard sits in the Garden District, in the densest part of downtown Toronto. College and Dundas stations on Line 1 are both within walking distance, and Dundas Square, the Eaton Centre and the Yonge retail strip are immediately south.
Adjacent: Toronto Metropolitan University’s campus surrounds this stretch of Yonge, and the hospital district along University Avenue is a short walk west.
Nearby: the Financial District, the Church-Wellesley Village, Allan Gardens and the Distillery District further east. This is a walk-everywhere location where a car is genuinely unnecessary.
Concord Sky questions
How tall is Concord Sky?
Concord Sky is an 85-storey tower at 391 Yonge Street, making it one of the tallest residential buildings in Canada. It is developed by Concord Adex and contains 1,407 suites ranging from 295 to 1,335 square feet, with occupancy scheduled for 2026. The building is currently under construction.
How many units are in Concord Sky?
1,407 suites. This is the most important fact for any buyer to understand, because it is the primary risk. When a building of this size registers, an enormous number of near-identical units reach the resale and rental market at the same time, competing directly with each other inside the same building. The effect falls hardest on the smallest formats — the 295 square foot studios and one-bedrooms — which have no differentiating feature to fall back on.
Is Concord Sky a good investment?
The location is excellent and the tenant pool is deep, with Toronto Metropolitan University adjacent and the hospital district nearby. The concern is supply within the building itself. With GTA condo values down roughly 4.5% year over year, undifferentiated small units in very large buildings are the hardest assets to sell or rent competitively. If you buy here, buy something the building makes scarce — a high floor with a protected long view, or one of the larger layouts above 1,000 square feet.
What transit serves Concord Sky?
College and Dundas stations on Line 1 (Yonge-University) are both within walking distance, putting you on the subway directly. Streetcar service runs along College, Dundas and Carlton, and the entire downtown core including the Financial District, Eaton Centre and hospital row is walkable. This is a location where owning a car is genuinely unnecessary, which is worth weighing against the cost of a parking space.
Is street noise a problem on Yonge Street?
On lower floors, yes. Yonge Street at Gerrard is one of the busiest corridors in the country, with constant traffic, streetcars, sirens and pedestrian activity. Higher floors are substantially removed from it and gain long views as compensation. If you are considering a lower-floor suite, try to view a comparable unit with the window or balcony door open before committing.
When is Concord Sky ready?
Occupancy is scheduled for 2026 and the building is under construction. Pre-construction dates commonly shift, particularly on projects of this scale and height, so treat any date as an estimate. Between move-in and condominium registration you will pay monthly occupancy fees to the builder covering interest on the unpaid balance, estimated property tax and projected common expenses — none of which reduces your mortgage principal. In a very tall building the occupancy period can be long, since lower floors occupy first and everyone stops paying only at registration.
Pre-construction information is provided for general reference. Prices, sizes, specifications, availability, incentives and occupancy dates are set by the builder and are subject to change without notice. This page is not a builder publication and Jatin Dua does not represent the developer. Renderings are artist’s concepts. Obtain independent legal advice on the agreement of purchase and sale within the statutory cooling-off period, and independent tax advice on HST rebate eligibility. E.&O.E. Jatin Dua is a Realtor with RE/MAX Quantum Realty.