Yonge City Square Residences

Yonge City Square Residences

4050 Yonge Street

Project Description

Yonge City Square Residences is a new condo development by The Gupta Group
currently in preconstruction at 4050 Yonge Street, Toronto.

Project Highlights

🛣Seconds to Hwy 401
5 mins to Finch & North York
20 mins to Downtown Toronto!
Connects with the York University subway line
🛍Close to Yonge Sheppard Centre, Bayview Village, Yorkdale, and Fairview shopping mall

Project Summary

Developer
The Gupta Group
Property Type
Condo
Project Status
Hot Sale
Region
Toronto
Deposit Percentage
25%
Number of Storeys
-
Number of Units
-
Important Dates
Launch Date
February 27, 2023
Completion Date
April 2027
WalkScore LogoWalkScore Logo

Walk Score

82

Very Walkable

Transit Score

85

Excellent Transit

Bike Score

40

Somewhat Bikeable

Location

4050 Yonge Street

Yonge City Square Residences

Questions & Answers

Browse the frequently asked questions.

 

Q: Main intersection?
A: Yonge & hwy 401

Q: Address?
A: 4050 Yonge st

Q: Who's the builder?
A: The Gupta Group

Q: Surrounding?
A: 
🛣Seconds to Hwy 401
5 mins to Finch & North York
20 mins to Downtown Toronto!
Connects with the York University subway line
🛍Close to Yonge Sheppard Centre, Bayview Village, Yorkdale, and Fairview shopping mall

Q: Highlight?
A:  The first building to Yonge and YorkMills In 20 Years 
      Direct access to York Mills subway station
      located in one of the wealthiest neighborhood- Hoggs Hollow
       The average resale house price started from $3M
       With Golf courts all around,Don Valley Golf & Rosedale Golf.

Q: Storey and units?
A: 2 Towers,28 storeys & 14 Storeys
   714 units

Q: What kind of units?
A: Bachelor,1B,1B+D,2B,2B+D,3B

Q:Size Range?
A: 331-1024  SQ.FT
 
Q: What's the price?
A: Studio from $642,990
1Bed from $764,990
2Bed from $1,194,990
3Bed from $1,578,990

Q: What's the payment structure?
A: DEPOSIT STRUCTURE
$10,000 on Signing
Balance to 5% in 30 days
5% in 150 days
2.5% in 370 days
2.5% in 450 days
5% at Occupancy

25% DOWN WITH NO MPA DEPOSIT STRUCTURE
$10,000 on Signing
Balance to 5% in 30 days
5% in 150 days
5% in 370 days
5% in 450 days
5% at Occupancy

Q: Payable to?
A: $10,000 bank draft payable to AIRD & BERLIS LLP in Trust

Q: Incentives?
A: EXTENDED DEPOSIT STRUCTURES
FREE ASSIGNMENT
FREE RIGHT TO LEASE DURING OCCUPANCY
REDUCED PARKING & LOCKER (Parking $99,990, Locker $6,500)
CAPPED DEVELOPMENT CHARGES (STUDIO + 1 BEDROOMS = $17,990, 2 BEDROOMS= $19,990, 3 BEDROOMS = $21,990)

Q: Occupancy?
A: April, 2027

Q: Maintenance Fee
A: Approximately $0.75/sf.
Parking: $99.99/month
Locker: $19.99/month
$25.00/month bulk internet package + One Valet smart system
(Water and hydro are separately metered. Gas is included.)

Q:Any school around? 
A: 4 Public schools,4 private schools

Q:Amenities
A: Oversized balconies,Retail at base,Ofiice space,Outdoor swimming poor,Rooftop Terrace,Party Room,Multiple individual golf simulator pods

Q: Parking and locker?
A: $165,000 (Available for purchase on 2-bedroom suites and larger. All others will be wait-listed.) 
EV Ready: $15,000
Storage Locker: $10,000

Q: Mortgage Pre-approval?
A: Required
     
Q: Blocking?
A: 
   N: 6 Storeys business building in 100 meters 
   NE: 7 floor commercial building across the road
   E:7 floor commercial building across the road
   SE: Clear view
   S: 9 storey apartment in 200 meters 
   SW:Clear view
   W: Clear view
   NW:Clear view 

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Gursimran Tamber

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