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4800 Yonge Condos By Menkes at Yonge and Sheppard

Property Rating

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Condo
49 storeys
Completion: TBA

Description

4800 Yonge Condos is an exciting new condo developed by Menkes Developments in the heart of North York. Located at 4800 Yonge Street, this gorgeous tower will rise 49 storeys, 536 units, and sit atop a 5-storey podium with retail and office space. 

With close access to the North York Centre, and Sheppard Subway Station, 4800 Yonge Condos will have an excellent walk score of 95 out of 100 and will feature breathtaking views of Downtown Toronto, and the North York area, including the many parks and green spaces nearby like, Willowdale Park, Mel Lastman Square and Princess Park.

Aside from the gorgeous design, and convenient location, there are a lot of reasons to be excited about 4800. Keep reading below to find out more about why 4800 Yonge Condos might be the home you’ve been looking for!

4800 Yonge Condos

4800 Yonge Condos Highlights:

  • Easy Access to the Sheppard Subway Station
  • Close to North York Centre
  • Step to the supermarket and LCBO
  • Shot drive to the Hwy401
  • Close to the retail, Office and Entertainment
  • Nearby parks include Willowdale Park, Mel Lastman Square and Princess Park
  • Walk Score of 95 out of 100. Transit Score of 96 out of 100

 

 

4800 Yonge Condos Design tower positioning results in minimally obstructed views from surrounding buildings, The glass podium, vertical fins are accentuated on the top three floors, glass canopies wrap around the building’s frontage providing protection from downdrafts and creating a sense of intimacy at sidewalk level.

4800 Yonge Condos  ground level floor plan would see the residential entrance along Bogert Avenue, with the loading dock and parking entrance to the 440 parking spaces located towards the southwestern corner of the site. While retail fronts onto Yonge Street and Sheppard Avenue, the two entrances to the connected office lobby (shaded pink below) will be located along the northeastern side along Yonge Street, and on the northwestern corner fronting Sheppard Avenue.

It was noted that the sculptural form of the curvilinear design would give the project a distinct identity, from both far away on the North York City Centre skyline, as well as from up close. It was suggested by members that this development could be the one to elevate this part of the city in terms of architectural integrity, design, and environmental qualities if the team carries through by designing at a standard that this corner should demand. The applicants stated that they are designing to Toronto Green Standard Tier 1, and in response the panel members urged them to go far beyond that, describing it as a minimum environmental standard which needs to be surpassed.

4800 Yonge Condo parking garage would be built to take into account unique below-grade site conditions due to the presence of the TTC’s Y track which allows out of service subway trains to transfer between Line 1 and Line 4. The west Y track branches off the Yonge line and curves on a northwestern trajectory through the site, with levels P2 and P3 to be built above the track but levels P4 through 6 would only be built west and south of it. The northeast side of the residential tower essentially follows the edge of the subway tunnel below.

Top 5 Reasons to Invest in 4800 Yonge Condos

1.Location

The Yonge and Sheppard hub is a central location for business and retail in the North York area. 4800 is across the street from Sheppard-Yonge TTC Station. Surrounded by greenspaces like Earl Bales Park, Gwendolen Park, and the Addington Greenbelt, Willowdale Park, Mel Lastman Square and Princess Park, 4800 is centrally located, but with many escapes into nature just close by. 

Only a 20 minute drive into the heart of Toronto, the Lansing neighbourhood is a lovely respite from the hustle and bustle of downtown while remaining closeby. While 4800 is directly on the eastern segment of the TTC’s line 1, it’s only a few minutes drive to the western stations as well, like Sheppard West Station or Yorkdale, home of Yorkdale Shopping Mall – a destination within the entire York Region, Yorkdale is known as one of the country’s best malls. Over 1.8 million square feet in space, Yorkdale Shopping Centre homes over 250 retail spaces, services, dining options and entertainment attractions, making it a destination for people all over the GTA.

The aforementioned parks nearby provide excellent places to take in nature or get exercise. Earl Bales Park in particular has over 125 acres of green space, sports fields, and walking trails, including an off-leash dog park. Also nearby is the Hinger Property – a forested park with a boardwalk running along the Don River. 

Parents will be happy to know there are a number of great schools nearby from Churchill Public School to Elpis College Private High School, and Claude Watson School for the Arts. 

Further, 4800 will be a beacon in the centre of Yonge Street and Sheppard Ave. West. Steps to grocery stores, LCBOs, and many office and retail stores, the neighbourhood around 4800 Yonge is highly walkable, with a score of 95/100. This commercial hub is a retail hotspot, and a perfect place to do some shopping at Yonge Sheppard Centre, eat at one of the many highly rated restaurants, or simply hop on to the subway and explore the city!

2.Amenities

4800 Yonge Condos will feature a residential entrance along Bogert Avenue, with a loading dock and parking entrances, including 440 parking spaces. Meanwhile along Yonge Street and Sheppard Avenue, retail spaces will line the sidewalks, bringing new restaurants, businesses and services to the neighbourhood.

4800 Yonge will rise a staggering 49 storeys, and house a total of 536 suites, two thirds of which will be 1-bedroom units, while the rest will mostly be 2-bedrooms and 3 bedrooms. With a curvilinear design, this condo will have a distinct style, and act as a shining, modern, elevated addition to the North York skyline. Vertical fin architecture will create a distinct style, and beautiful glass canopies will wrap around the building’s frontage, creating an intimate, protected feeling on the street below.

The builder has indicated that they will be designing the building according to Toronto Green Standard Tier 1, hoping to increase their energy-efficiency and reduce the carbon footprint of the building. 

This is a uniquely convenient location, with immediate access to Yonge Sheppard Centre, so many local businesses and services will make just about every errand and exercise into a simple affair.

Though a full list of amenities hasn’t yet been released, register with MyCondoPro, and you will receive updates, amenities lists, and floor plans as soon as they become available. 

3.Transit Options 

North York is in many ways the gateway to the north of Ontario – Richmond Hill, Newmarket, Barrie, and the Muskoka region are all just a short drive away on Highway 400. For travellers, the rest of the province is just as convenient to reach, with highways like the 404, the Allen Road, the Don Valley Parkway, and the busiest section of the 401 all making their crossings in North York.

And you’re not too far from the city centre, either – two lines of the TTC reach into North York. Hop onto Line 1 from Sheppard-Yonge Station just across the street, or Sheppard West, and head south into the city, or further north. Line 4 Sheppard Subway line meanwhile, runs from Sheppard-Yonge station to Don Mills.

Other public transit services operate within North York – York Regional Transit (YRT), which runs unparalleled bus services throughout the region, and GO Transit whose commuter rails and bus services reach all across the Greater Toronto area. Both are easily accessed from TTC stops, and so within North York, the entire GTA is at your fingertips.

4.The Developer

Menkes is a Toronto-based developer with over sixty years of experience. Having started in the single family home sector, Menkes has expanded recently into the construction of condominiums, commercial, and industrial projects. Most well known for their work at North York’s City Centre, Menkes has made a real name for itself across the GTA.

Something of a family business, Menkes was founded in 1976 by Murray Menkes, and now Alan Menkes and his two brothers serve as co-presidents of the firm their father established. The team has a strong emphasis on family ties, values like integrity, social connection and meaningful relationships within the communities they create. 

Though the traditions of this family business remain intact, Menkes has managed to build outwardly and expand into so many different facets of real estate. They continue to raise the standard in condominiums and commercial development, and apply the lessons they have learned back to their first passion – homes for families of the GTA. 

5.Investment Opportunities

With hundreds of condominiums for sale, North York is one of the fastest-growing regions of Toronto, and a place where growth is expected to continue for decades. Property values are steadily increasing, and new listings hold a $686 price per square foot.

Pre-construction condos in the city average in the low $400K price range, and tick up every year, largely due to the growth the region has continued to enjoy over the last half-century. Students, thriving immigrant communities, as well as new families are all looking to call North York their home, and that combined with it’s close proximity to the city centre are making North York a booming, desirable location for development and investment. 

With 4800 Yonge Street Condos, we see a development in a prime location. This neighbourhood has seen significant transformation in the last decade – with upscale offices, residences and mixed-use buildings popping up every year, adding to a rapid densification of the area. With a distinct downtown feel, and convenient transit, it’s easy to see why many are looking to set down roots in the area.

The Yonge and Sheppard hub is a primary location for employment and commercial industries, and will likely continue to grow in the 2020s, making real estate in the area a sound investment.

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