{"id":2091,"date":"2026-09-22T08:03:08","date_gmt":"2026-09-22T13:03:08","guid":{"rendered":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/09\/22\/49-storey-tower-rising-at-yonge-sheppard-498-new-rental-units-coming\/"},"modified":"2026-09-22T08:03:08","modified_gmt":"2026-09-22T13:03:08","slug":"49-storey-tower-rising-at-yonge-sheppard-498-new-rental-units-coming","status":"publish","type":"post","link":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/09\/22\/49-storey-tower-rising-at-yonge-sheppard-498-new-rental-units-coming\/","title":{"rendered":"49-Storey Tower Rising at Yonge &amp; Sheppard: 498 New Rental Units Coming"},"content":{"rendered":"<p>Major construction progress is underway at <strong>4800 Yonge Street<\/strong> in North York Centre, where Menkes Developments&#8217; ambitious mixed-use project is beginning its vertical climb above the completed seven-storey podium.<\/p>\n<p>The <strong>49-storey landmark<\/strong>, standing 168.24 meters tall upon completion, will deliver <strong>498 rental units<\/strong> to Toronto&#8217;s rental market\u2014a significant addition to the city&#8217;s housing supply. The project, designed by renowned firms Arquitectonica, B+H Architects, and Turner Fleischer, occupies a strategically important location straddling the curving subway tunnel that connects Lines 1 and 4.<\/p>\n<p>As of mid-2026, crews have completed the reinforced concrete podium and are actively installing ground-floor curtain wall systems, relocating staging platforms, and forming the tower&#8217;s angled upper floors. The development will notably provide a new entrance to the Sheppard-Yonge subway station, enhancing pedestrian connectivity in this major transit hub.<\/p>\n<p>This project exemplifies the continued densification of Toronto&#8217;s subway-adjacent nodes and the rental housing development pipeline in high-demand areas. For renters, investors, and market watchers, 4800 Yonge represents an important marker of GTA residential growth.<\/p>\n<p><em>For detailed construction updates and project tracking, visit the full article on UrbanToronto.<\/em><\/p>\n<p><!-- RealEstateToday Source Article --><\/p>\n<div style=\"display:none\" data-original-url=\"https:\/\/urbantoronto.ca\/news\/2026\/09\/4800-yonge-begins-tower-climb-above-seven-storey-podium.61754\"><\/div>\n<p><em>Source: <a href=\"https:\/\/urbantoronto.ca\/news\/2026\/09\/4800-yonge-begins-tower-climb-above-seven-storey-podium.61754\" target=\"_blank\" rel=\"noopener\">Read the original article<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Menkes Developments&#8217; 49-storey tower at Yonge &amp; Sheppard nears vertical construction, set to deliver 498 rental units to Toronto&#8217;s housing market.<\/p>\n","protected":false},"author":3,"featured_media":2090,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1037,430,1036,746,207,429],"class_list":["post-2091","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-condo-construction","tag-menkes-developments","tag-north-york-centre","tag-rental-housing","tag-toronto","tag-yonge-and-sheppard"],"_links":{"self":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/2091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/comments?post=2091"}],"version-history":[{"count":0,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/2091\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media\/2090"}],"wp:attachment":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media?parent=2091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/categories?post=2091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/tags?post=2091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}