A major residential development is reshaping the Sheppard-Yonge corridor in North York. CentreCourthas proposed a 50-storey condominium tower at 4656 Yonge Street, designed by Arcadis, that would deliver 569 units to the transit-rich neighbourhood.
The proposal stands out for its density and strategic location. Situated just 230 metres south of Sheppard-Yonge station, the development offers residents access to both the Yonge Line 1 and Sheppard Line 4, with planned future extensions promising enhanced connectivity to Richmond Hill and Scarborough.
The project would rise 169.1 metres above a seven-storey podium with a five-storey street-facing base. The unit mix includes 50 studios, 366 one-bedrooms, 94 two-bedrooms, and 59 three-bedrooms—reflecting strong demand for smaller units in transit-connected areas.
With a Floor Space Index of 21.17 times site coverage, the development represents significant intensification on the 1,890m² property. The proposal includes 300m² of ground-floor retail and comprehensive cycling infrastructure with 385 bike parking spaces, emphasizing car-free living options.
This project joins a wave of high-rise developments clustering around Sheppard-Yonge station, including the under-construction 4800 Yonge Street (49 storeys) and nearby proposals ranging from 26 to 59 storeys. For complete details and industry analysis, visit the original article on UrbanToronto.
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