Known as Cycle Superhighway 1, the route would run parallel to the A10 and would cut journey times between Tottenham and the City from 42 minutes to around 30.
Transport for London says it “would be substantially faster, safer and more pleasant” than using the A10 to make the same journeys.
The consultation runs until March 29th and, subject to feedback, work on the scheme could begin this summer.
Mayor Boris Johnson, said: “Our research shows that well over 100,000 journeys in this area could be made by bike instead.
“This Cycle Superhighway will provide cyclists with a direct, protected route along quiet streets, making it even easier for people to hop on a bike rather than getting in their cars.
“This is exactly what the cycling revolution is all about – making it simpler and safer for ordinary people to choose to get on the saddle and enjoy London by bike.”
