About 4800 Yonge Street
4800 Yonge Street is a 49-storey high-rise developed by Menkes Developments, home to 498 units in the heart of Toronto's Bay Street Corridor. The building offers a mix of unit sizes and price points, from starter apartments around $550,000 to multi-million-dollar homes, with an active rental market averaging $3,033 per month. This is one of the area's significant residential towers, serving both owner-occupiers and investors seeking downtown access.
Located in the Bay Street Corridor, the building sits within walking distance of Dundas Square, the Eaton Centre, and major transit hubs. Yonge Street itself provides direct access to the Dundas subway station and runs north-south through the city's most walkable commercial spine. The neighbourhood suits professionals and families looking for urban convenience, cultural venues, and proximity to office districts.
Frequently asked questions
What kind of building is 4800 Yonge Street?
4800 Yonge Street is a 49-storey high-rise residential tower developed by Menkes Developments, containing 498 units across a range of configurations. The building serves both owner-occupants and renters, with active listings showing units from bachelor apartments to multi-bedroom homes. As a mid-to-high-rise on Yonge Street, it's part of the Bay Street Corridor's residential densification, offering the kind of scale and management infrastructure typical of major downtown Toronto condos. Maintenance fees and pet policies are standard building considerations you'll want to review during your research, as they vary by unit type and may affect your decision to buy or rent.
What's the neighbourhood like around 4800 Yonge Street?
The Bay Street Corridor is one of Toronto's most connected downtown areas. Dundas subway station is a short walk away, providing quick access to the entire TTC network. Yonge Street itself is highly walkable, lined with shops, restaurants, and cultural landmarks like Dundas Square and the Eaton Centre. The area attracts professionals working in the financial district, students, and families who value urban living without sacrificing transit access or street-level activity. The neighbourhood has undergone significant residential growth, making it popular with renters seeking rental stock and buyers looking to stay downtown. You're near hospitals, parks along the downtown core, and major employment hubs.
What should I know if I'm thinking about buying or renting at 4800 Yonge Street?
If you're considering this building, think about your lifestyle first. Current active listings show units ranging widely in price and size, with an average of 2 bedrooms and roughly 833 square feet. For renters, the average is around $3,033 per month, so factor that into your budget. Units here tend to appeal to people who prioritize walkability and transit over space, so if you need a large family home, you may want to compare the available layouts carefully. Ask about maintenance fees when buying, as they're significant in high-rise buildings. The 498-unit size means building management should be professional, but verify amenities, pet policies, and parking availability before committing. For renters, confirm lease terms and any building-specific rules that might affect your move.