What New Condo Developments Are Currently Under Construction or Recently Completed in North York in 2026

North York is experiencing some of the highest condo construction volumes in all of Toronto right now. The combination of available land along major arterials, proximity to multiple TTC subway stations, and years of rezoning approvals has created a pipeline that is now delivering thousands of units across the district.

Transit Infrastructure Driving Density

The Yonge-University subway line runs the full spine of North York, with stations at Eglinton, Lawrence, York Mills, Sheppard, and Finch all serving as anchor points for high-rise development. The Eglinton Crosstown LRT, which now connects Eglinton Avenue from Mount Dennis in the west through midtown and into Scarborough, has added another layer of transit access that developers have been building toward for years. Stations at Eglinton and Yonge, Don Mills, and Laird have each triggered condo proposals in their catchment zones.

North York Centre, the area roughly between Sheppard Avenue and Empress Avenue along Yonge Street, is designated as an Urban Growth Centre under the provincial Places to Grow Act. That designation means the City of Toronto is required to accommodate significant population intensification there, which translates directly into approved density for towers in the 40 to 70 storey range.

Rezoning Along the Yonge Corridor

Over the past several years, the City approved a series of Official Plan Amendments and Secondary Plans that opened up parcels along Yonge Street between Lawrence and Steeles to much taller buildings than were previously permitted. Many of those approvals are now in the construction phase. Buyers who were watching pre-construction launches from 2020 to 2023 are now seeing those same projects move through excavation and structural framing in 2026.

2. New Condo Developments Currently Under Construction in North York in 2026

Dozens of new condo developments are currently under construction in North York in 2026, spread across several distinct nodes. The most active clusters are around Yonge and Sheppard, Yonge and Eglinton, and the Wilson Avenue corridor near the new Humber River Health hospital campus. Prices at launch for projects now under construction ranged from roughly $700 per square foot on the lower end to over $1,200 per square foot for premium addresses closer to Yonge Street, though individual suite prices vary considerably by floor and exposure.

Yonge and Sheppard Area

The intersection of Yonge Street and Sheppard Avenue East remains the most concentrated construction zone in North York. Multiple towers are actively rising within a few blocks of the Sheppard-Yonge subway station, which provides direct access to both Line 1 (Yonge-University) and Line 4 (Sheppard). Projects in this node typically feature suites ranging from studios around 400 square feet to two-bedroom-plus-den layouts in the 850 to 950 square foot range. Asking prices for units still available through assignment or developer inventory in this area are currently sitting between $650,000 for compact one-bedrooms and $1.1 million or more for larger two-bedroom suites on high floors.

Several of the towers in this cluster are mixed-use, meaning the podium levels include retail or office space, with residential units beginning on floors four or five and running up to 50 or more storeys. Amenities in buildings under construction here commonly include rooftop terraces, co-working lounges, fitness centres, and concierge services. For a broader picture of what is available and in progress, Homebaba's North York new condo listings tracks over 100 active pre-construction and under-construction projects across the district with current pricing and registration details.

Yonge and Eglinton Area

The Yonge and Eglinton node sits at the southern edge of North York and has seen relentless tower activity for the better part of a decade. Projects that launched in the pre-construction phase between 2019 and 2022 are now in various stages of construction, with some approaching their interim occupancy dates. This area benefits from the Eglinton subway station on Line 1 as well as the new Eglinton Crosstown LRT, making it one of the most transit-accessible addresses in the entire city.

Suites in towers currently under construction near Eglinton and Yonge tend to be smaller on average than those being built further north, reflecting the higher land costs in this location. One-bedroom suites of 500 to 550 square feet are common, and many buildings have a high proportion of investor-owned units. Buyers looking at this area should understand that the resale and rental market here is active, which affects both the availability of assignment sales and the competitive landscape for anyone planning to lease their unit.

Wilson and Keele Corridor

Further west in North York, the area around Wilson Avenue and Keele Street has attracted a newer wave of condo development tied partly to the Humber River Health hospital campus and the Wilson subway station on Line 1. Projects here tend to offer larger suites at lower per-square-foot prices than the Yonge corridor, with two-bedroom units sometimes available in the $650,000 to $800,000 range depending on the project and floor. The surrounding streetscape includes Downsview Park, one of Toronto's largest urban parks at roughly 290 hectares, which provides significant green space within walking distance of several active construction sites.

The former Downsview Airport lands are also being redeveloped over a long-term horizon, and condo projects adjacent to this district are positioning themselves around that future master-planned community. Buyers considering this corridor should look at both the immediate building and the longer-term neighbourhood context, since the area around Keele and Wilson is expected to change substantially over the next ten to fifteen years.

3. Recently Completed Condo Projects in North York

Several significant condo towers in North York reached final closing or registered as condominiums in the past 12 to 18 months, meaning buyers can now purchase resale units with immediate or near-term possession. This is an important distinction from pre-construction: when a building registers, the developer transfers title to individual owners, and those owners can then sell on the open resale market. Buyers who missed the original pre-construction launch can sometimes find opportunities in this window.

What Recently Completed Means for Buyers

A recently completed building is one where construction is finished and units have been handed over to owners, but the building may still be in the process of full occupancy. In the first year or two after registration, common elements like the gym, party room, and rooftop terrace are often still being finished or fine-tuned. Maintenance fees in newly registered buildings are also subject to a first-year budget reconciliation, which can result in fee adjustments. Buyers purchasing in a recently completed North York tower should review the disclosure statement, the status certificate, and the current reserve fund study carefully before committing.

Notable Completions in the Past 12 to 18 Months

The North York Centre area along Yonge Street between Sheppard and Empress saw multiple towers reach occupancy between late 2024 and mid-2026. Several of these are mixed-use buildings with ground-floor retail along Yonge Street, adding to the pedestrian-oriented streetscape that the City has been trying to build in this node for years. Resale units in these recently completed buildings are now appearing on MLS, often listed by original purchasers who bought at pre-construction prices and are now selling into the current market.

Near Yonge and Eglinton, towers that were in the interim occupancy phase through 2024 have now registered and are generating resale inventory. Prices for resale units in these recently completed buildings vary widely: a 500-square-foot one-bedroom might be listed anywhere from $549,000 to $699,000 depending on the floor, exposure, and included parking or locker. Parking spots in this area of North York are a meaningful value-add, as street parking is limited and the buildings' own visitor parking is often restricted.

For a current list of both pre-construction launches and recently completed projects across North York, Precondo.ca's North York condo tracker is a useful starting point for understanding what is on the market and at what stage each development sits.

4. What Buyers Need to Know Before Purchasing a Pre-Construction or New Condo in North York

Buying into a new condo development in North York in 2026 involves a set of costs and timelines that differ significantly from a standard resale purchase. Understanding these before you sign an Agreement of Purchase and Sale is essential, because many of the costs are not obvious from the headline price. If you are also tracking what homes are trading for across Toronto right now, our breakdown of the average home price in Toronto in September 2026 gives useful context for how condo pricing compares to freehold options.

Occupancy Fees and Interim Closing Costs

When a new condo building is ready for occupancy but has not yet registered as a condominium corporation, buyers move in under an interim occupancy arrangement. During this period, which can last anywhere from a few months to over a year, buyers pay an occupancy fee to the developer instead of a mortgage payment. This fee is calculated based on the outstanding balance of the purchase price, an estimate of property taxes, and projected maintenance fees. It is not applied to your mortgage principal, so it is effectively a carrying cost on top of your deposit.

Deposit Structures and Timelines

Pre-construction condo deposits in Toronto typically range from 15 to 25 percent of the purchase price, paid in installments over 12 to 24 months after signing. For a $750,000 suite, that means deploying $112,500 to $187,500 before the building is even finished. These funds sit in trust and are protected under the Ontario New Home Warranties Plan Act (Tarion), but they are tied up for the duration of construction, which in North York currently means three to five years from launch to final closing for projects that have not yet broken ground.

Assignment Sales and Resale Opportunities

An assignment sale occurs when the original pre-construction buyer sells their contract to a new buyer before the building registers. In North York's active condo market, assignment sales are relatively common, particularly in buildings that are now approaching occupancy. For buyers who want to get into a new building without waiting years for construction to finish, assignments can be an option, but they come with their own complexity: HST implications, developer consent requirements, and legal fees that differ from a standard resale transaction. Working with a knowledgeable agent is particularly important in these situations.

5. How to Evaluate a North York Condo Development Before You Buy

Not every new condo development in North York in 2026 represents the same opportunity, and the differences between projects go well beyond the brochure. Evaluating a development properly means looking at the physical location within North York, the developer's history of delivering on time and on spec, and the practical details of the building itself. Our broader Toronto buyer's guide covers the full purchase process, but the points below are specific to new condo projects.

Location Within North York Matters More Than the Address

North York is a large district, and the walkability, transit access, and street-level experience vary considerably from one block to the next. A tower at Yonge and Sheppard is a five-minute walk from two subway lines, multiple grocery stores, and the North York Centre library. A tower at a less central address in the same district might require a bus connection to reach the subway, which adds meaningfully to daily commute times. Measuring the actual walking distance to the nearest subway entrance, the nearest full-service grocery store, and the nearest green space gives you a clearer picture than the neighbourhood name alone.

Developer Track Record

Ontario's Tarion warranty program provides some protection, but it does not insulate buyers from delays, finish quality issues, or buildings that do not match their marketing materials. Researching a developer's past projects, specifically whether they delivered on time and whether owners in previous buildings have raised significant concerns through Tarion warranty claims, is time well spent. Toronto's condo market has a mix of developers with strong track records and others with more inconsistent histories. Asking your agent for their perspective on a specific builder is one of the most practical steps you can take before signing.

Suite Mix and Building Amenities

Buildings with a high proportion of small investor-targeted suites, studios and one-bedrooms under 500 square feet, tend to have higher tenant turnover and can feel less settled than buildings with a broader mix of unit sizes. If you are buying to live in the unit, look at the proportion of two-bedroom and larger suites in the building, as this often correlates with a higher owner-occupier ratio over time. Amenity spaces matter too: a rooftop terrace facing south over the Don Valley is a different proposition from a rooftop facing a mechanical penthouse on an adjacent tower.

Maintenance fees in North York new condos currently range from roughly $0.55 to $0.85 per square foot per month for buildings without extensive amenities, and can reach $1.00 or more per square foot in buildings with pools, concierge, and large common areas. On a 650-square-foot suite, that is a difference of $357 to $650 per month, which has a real impact on carrying costs and resale value over time.