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385 Yonge St -



YSL Residences is currently being planned for 385 Yonge St at the Yonge and Gerrard intersection of downtown Toronto. This development was to feature two towers connected by a sky-bridge however after a plan resubmission to the city, the new projected plan is now one giant skyscraper. This mixed-use development will feature office, retail, and residential space spread amongst 98-storeys. 

YSL Residences is set to be the tallest residential building in Canada with a pair of heritage façades framing the tower’s base. This ambitious project is a collaboration between KingSett Capital, Cresford Developments and world-renowned design company, Kohn Pedersen Fox. 

Renderings depict a sleek glassy exterior that will include a 9-storey podium housing a mix of office, retail, and amenity space. YSL will consist of 957 residential suites with floor plan collections that will cater more to working professionals. Over 70% of the purposed suites will be studio and one-bedroom units. The remaining space will cater to family sized suites with 2 and 3 bedrooms. 



Development Name: YSL Condos

Developer: KingSett Capital & Cresford Developments

Address: 383 Yonge St. Toronto ON  M5B 1S1

Main Intersection: Yonge St and Gerrard St E

Number of Storeys: 85 Storeys

Number of Units: 957

Unit Size Ranges: 311 Sq.Ft – 1,582 Sq.Ft

Unit Types: Studio – 2 Bed+Den

Building Type: Condominium

Architect: Kohn Pedersen Fox (KPF)

Starting Price: High $400’s to Low $1,000

Parking Price: $120,000

Locker Price: TBA

Estimated Occupancy Date: 2023

Estimated Maintenance: $0.60/Sq.Ft (Hydro & water individually metered)

Parking Maintenance: TBA

Locker Maintenance: TBA

Estimated Taxes: Approximately 1%


  • Smooth 9” ceilings, except in dropped areas
  • Oversized insulated double-glazed windows
  • Choice of laminate flooring throughout
  • Contemporary open-concept Italian kitchens by Scavolini
  • Marble countertops in master bathroom
  • In-suite stacked washer/dryer
  • In-suite thermostat controlled heating and air conditioning
  • Choice of designer quartz countertops

Gourmet Chef Kitchens

  • Choice of designer quartz countertops
  • Choice of contemporary kitchen cabinetry
  • Modern open concept kitchen as per plan
  • Designer selected appliances including refrigerator/freezer, dishwasher, cooktop and wall oven
  • Designer selected ceiling mounted light fixture as per plan
  • Under mount stainless steel sink with lever faucet
  • Choice of designer selected ceramic backsplash

Luxurious Designer Bathrooms

  • Ensuite master bathroom with choice of designer marble countertops
  • Second bathroom: choice of marble or quartz countertop
  • Choice of contemporary vanity cabinetry
  • Separate shower stall with light sconce as per plan
  • Choice of full height porcelain tile bathtub and shower surround as per plan
  • Style chrome finish bathroom hardware
  • Temperature controlled and pressure balance shower faucets
  • Elegant and decorative wall lighting fixture
  • Wall mounted frameless mirror

High Quality Flooring

  • Choice of designer laminate floors throughout
  • Choice of porcelain tile flooring in bathrooms as per plan
  • White ceramic tile in laundry areas

Elegant Suite Doors

  • Solid core entrance door with privacy and security viewer
  • Paint grade interior suite doors with polished chrome
  • Contemporary glass sliding doors (where applicable)

General Suite Features

  • Smooth ceilings throughout
  • Dropped drywall ceilings in bathrooms as per plan
  • 4” Painted baseboard throughout
  • Capped ceiling outlet in dining area
  • Pre-wired for telephone in living, master bedroom and den as per plan
  • Pre-wired for cable television in living, master bedroom and den as per plan
  • Individual thermostat controlled system for heating and air conditioning
  • Wired for high speed internet access
  • Entrance security panel within suite connected to concierge
  • Smoke and carbon monoxide detectors as per building code
  • Resident parking garage security consists of panic buttons, closed circuit cameras and high intensity lighting


  • Spacious billiard room
  • Multiple cozy lounges & spa treatment rooms
  • Tranquil yoga room & top of the line gym
  • Elegantly appointed guest suites & party room
  • State-of-the-art theatre room
  • Modern elevators with custom designed cabs
  • Visitor and resident parking
  • Bicycle storage available
  • Convenient locker access
  • Hotel inspired amenities, offering residents with the best in entertainment and recreational lifestyles
  • Traditional doorman and concierge services
  • Stunning indoor pool


  • Set to be the tallest residential building in Canada
  • This mixed-use development will feature office, retail, and residential space spread amongst 98-storeys
  • Steps to the PATH and several major subway stations
  • Convenient access to supermarkets, parks, Shoppes at Aura, and even the Eaton Centre
  • Within walking distance to the University of Toronto and Ryerson University Learning Centre
  • Close to College Park
  • Situated in the core of downtown Toronto




Total 25%

Domestic Deposit Structure

  • $50,000 on signing
  • Balance to 5% in 30 Days
  • 5% in 60 Days
  • 5% in 180 Days
  • 5% in 450 Days
  • 5% on Occupancy



KingSett Capital was founded in 2002 and has raised $9.8 billion of equity for its Growth, Income, Urban and Mortgage strategies. Currently, KingSett owns interests in a $13.3 billion portfolio of assets. KingSett continues to seek further opportunities to invest in a wide range of real estate properties, developments, joint ventures and mortgage lending.


Cresford Developments is the first residential developer in Canada to dress up their condominiums with international fashion labels. Cresford is renowned for superb quality and attention to detail. Cresford condominiums feature inspirational living spaces that seemslessly flow from one to the next and sublime amenities that celebrate life and style. A trusted name in the market for over 40 years, a Cresford condominium inspires confidence and security.




Property Details

  • Property ID: 101366768
  • New Construction: No
  • Style: Condominium
  • Status: Active
Listed By Edmond Ishag of CENTURY 21 Kennect Realty
in Service Agreement with CENTURY 21 Leading Edge Realty Inc., Brokerage*