We’re in the midst of a push to build more family-sized units in Toronto, and a proposed change to The Gupta Group’s Young City Square job is sympathetic to that.
The 32- and 14-storey development at 4050 Yonge Street in North York was very first proposed in February 2020, launched presales in March 2023, and has been under building because December 2024.
At the end of February 2026, The Gupta Group submitted a Website Strategy Modification application to “combine much of the previously proposed bachelor and one-bedroom systems to develop more practical two- and three-bedroom designs.” This modification would bring the unit-count below just over 700 to 500, with a practically 63% share being larger, family-sized suites.More particularly, the amendment requires 63 three-bedrooms, 250 two-bedrooms, 169 one-bedrooms, and just 18 bachelor units. Planning materials that were approved by the North York Committee of Adjustment in November 2023 showed only a 35%share of 2-and three-bedrooms– 178 and 74, respectively– in addition to 349 one-beds and 115 studios. Yonge City Square Website Stats, As Of February 2026: Building heights: 32 storeys/399 ft, 14 storeys/197 feet Overall gross floor location(GFA): 600,949
- sq. ft Residential GFA: 538,561 sq. ft Retail GFA: 32,636 sq. feet Dining establishment GFA: 5,490 sq. ft Office GFA: 21,420 sq. ft
- TTC GFA( direct access to
- York Mills station): 2,842 sq. ft Residential systems(all apartment ): 500 System breakdown:
- 18 bachelors, 169 one-beds, 250 two-beds, and 63 three-beds Indoor feature: 10,764 sq. ft
- Outside facility: 10,764 sq. ft Vehicle parking: 458 Bicycle parking: 532″To accommodate these larger system configurations, localized boosts in height have actually been introduced, driven by architectural design factors to consider, structural and mechanical coordination
- requirements, and compulsory code
compliance measures required to support the revised layouts,”Gupta Group described in a letter that went to the City last month.In addition to increasing the 32-storey structure height by 15 feet, and the 14-storey structure height by 9 feet, the change bumps up the number of proposed parking spaces from 387 to 458.< img alt=" "height="941 "src="// www.w3.org/2000/svg'%20viewBox='0%200%202000%20941'%3E%3C/svg%3E" width="2000"/ > Context plan scale/Arcadis Making of 4050 Yonge Street/Arcadis The requirement for larger family-sized systems
in Toronto has been amplified by investor behaviour throughout the condo boom, which heightened most just recently around 2015 to 2022 and led to an excess of studio and one-bedroom units contributed to the market (think:’ shoebox ‘condominiums ). Initiatives like EHON and Toronto Builds have emphasized the value of injecting more 2-and three-beds into the city’s real estate stock, as these are the kind of units that will attract households and encourage young people to remain in the city as they grow their households.Meanwhile, North York is widely regarded as an appealing pocket of the city for families, offering more of a suburban feel than the downtown core, without being too removed from it, and access to premier schools and a lot of green area. Especially, Young City Square is coming up on the edge of Hoggs Hollow– among Toronto’s most desired neighbourhoods, and home to both the Don Valley
Golf Course and Rosedale Golf Club– and will be the very first condo project to come up in the neighbourhood in twenty years.