Learn about a New Vision for

4050 Yonge Street


Introducing a new kind of vibrancy to 4050 Yonge Street

Located at the northwest corner of Yonge Street and York Mills Road, the 3.2-acre site currently includes a TTC entrance building and paid parking lot primarily used by transit riders.


A unique and bold mixed‑use, transit‑oriented development at Yonge and York Mills

Located between the natural and built environments, 4050 Yonge offers an opportunity for a unique and bold mixed-use, transit-oriented development at Yonge and York Mills. The proposed development will introduce a new kind of life to the Yonge and York Mills area through the introduction of residential, hotel, retail, restaurant and office uses. This thoughtful development appreciates and complements the easy access to public transit, the nearby commercial buildings, the surrounding greenery and natural features and the overall essence of the neighbourhood.

  • Integrating Transit



    Transit riders will continue to have the same access and convenience to transit, but through a new and aesthetically pleasing environment provided by the development. By integrating the TTC entrance into the proposed development, the development will take advantage of the existing TTC building entrance onsite, providing convenience and easy access to all members of the public, including the users of the new development.
  • Adding a New Mix of Uses


    Adding a New
    Mix of Uses

    By adding a new mix of uses on a single site, this development will increase the potential for an underutilized site. The mixed-use development will add to the neighbourhood:
    • 300 residential units
    • 248 hotel rooms
    • ~3,984 m2 of office space
    • ~907 m2 of street-level retail space
  • Building Much-needed Hotel Services


    Building Much-needed
    Hotel Services

    Businesses, hotel patrons and area residents would be able to enjoy one of Toronto’s newest hotels with full services including meeting rooms, conference spaces, and spa services.
  • Elevating the Public Realm


    Elevating the
    Public Realm

    The development will elevate the public realm, leveraging the site’s prominence and visibility at the corner of Yonge and York Mills. Combined with wide sidewalks and inviting landscaping, the introduction of street-level retail space will animate the site and bring liveliness to the streets.
  • Introducing New Housing Options


    Introducing New
    Housing Options

    The development will introduce more options for housing for the neighbourhood. An ideal option for those looking to downsize within the neighbourhood, and those who may want to move into the neighbourhood.


The proposal is for a mixed-use development with a 35-storey residential tower and a 21-storey tower with hotel, retail, restaurant, and office uses, both connected by a 6-storey podium. Specifically, the proposal includes:

  • Residential units: 300
  • Hotel rooms: 248
  • Office space: ~3,984 m2
  • Street-level retail space: ~907 m2


Explore our hub of materials and reports pertaining to 4050 Yonge.





See the project timeline and stay up to date with the latest developments.

  • June 25, 2021

    Current Status

    The applicant is continuing to work with City Staff in hopes of reaching an agreement on the development application

  • June 24, 2021

    Case Management Conference #2

    Second Case Management Conference at the OLT.

  • June 8, 2021

    City Staff Request for Direction Report

    View the report

  • April 14, 2021

    Application Resubmission

  • March 12, 2021

    Case Management Conference #1

    First Case Management Conference at the LPAT (now OLT).

  • January 12, 2021

    Community Consultation Meeting

    A community meeting is being organized by the City of Toronto. The meeting details will be included in the meeting notice, and made available here.

  • December 10, 2020

    Application Resubmission

    An updated planning application was resubmitted to the City of Toronto.

  • October 7, 2020

    City Staff Preliminary Report

    View the report 

  • September 22, 2020

    Application Appealed to LPAT

  • February 14, 2020

    Update to Ward 8 Councillor

    Email update about the application submission and consultation efforts.

  • February 14, 2020

    Application Submission

    A planning application was submitted to the City of Toronto.

  • February 13, 2020

    Project Website Launch

    This project website was launched to provide 24/7 access to proposal-related information.

  • February 3, 2020

    Meeting with Area Residents’ Associations

    A meeting, hosted by the applicant, with residents’ associations surrounding the site.

  • January 14, 2020

    Outreach to Area Residents’ Associations

    An introductory letter about the proposal was emailed to surrounding residents’ associations.

  • January 14, 2020

    Update to Ward 8 Councillor

    Email update about outreach to surrounding residents’ associations.