YSL Residences

This new condominium project will rise from the land at 363-391 Yonge Street and 3 Gerrard Street, perfectly situated on the vibrant commercial strip of Yonge, while backing on to Ryerson University’s bustling urban campus. Eight properties on Yonge will be redeveloped into a grand, nine-storey podium that will anchor the 98-storey tower, while housing retail, office space and condominium amenities. The current heritage facades will be retained, framing the podium, with the entire project being overseen by architectsAlliance and New York's Kohn Peterson Fox Associates. In total, the development proposes 957 residential units, with 389 allocated for one-bedroom units, 459 for two-bedroom units and 109 for three-bedroom units. Square footage will range from 538 to a whopping 2,000 square feet for select penthouse suites, with an average two-bedroom spanning 860 square feet. 101,000 square feet will be devoted to retail in the podium, along with almost 120,000 for office use. Residential suites will occupy the remainder of the building, from the ninth floor upwards. Indoor amenities will be concentrated on the 42nd and 43rd levels, with the possibility of an outdoor amenity terrace for residents on the ninth floor of the podium. While renderings show a smooth, glazed facade free of balconies, the building's upper penthouse units feature terraces, as well as private elevators. a 340-space parking garage will be housed underground, along with a knockout panel for a PATH connection, opening up the possibility for direct connection with the subway. This is a unique and contemporary project that pushes the envelope of urban architecture and blurs the boundaries of indoor and outdoor living space, a project sure to become a focal point in the downtown core.