8 Elm on Yonge

From $572,900
Rooms: 6

Overview

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Offering a vibrant experience in the bustling heart of downtown Toronto, 8 Elm on Yonge is a new pre-construction condo development by Reserve Properties and Capital Developments in collaboration with Simu Liu. The IBI Group has designed this magnificent new 69-story condo building. And its interior design has been handled by Cecconi Simone. There are 819 suites in the development, ranging in size from 292 square feet to 998 square feet. The project is set to complete in 2027. 

Highlights

  • 99/100 walk score
  • 100/100 transit score
  • AGO & ROM at minutes walk
  • 1 minute from the Dundas Subway Station
  • 4 minutes to Ryerson University
  • Dundas Square and Eaton Centre are both within walking distance
  • Nearby parks include College Park, Larry Sefton Park, and Joseph Sheard Parkette
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8 Elm on Yonge

Details

  • C.C / Maint:
    $0.69/SF sqft
  • Architect(s):
    IBI Group
  • Price ($):
    From $572,900
  • Est. Occupancy:
  • Price Range:
    From $572,900 - $1,661,900
  • Parking:
    $155,000
  • Parking Availability:
    Available for purchase on 3 Bedroom suites 800 sf and above and Model 3A suites, 767 sf, 55th Floor and above.
  • Builder (s):
    Reserve Properties, Capital Developments
  • Suites:
    819
  • Storeys:
    68
  • Suite Size:
    300 - 767 Sqft
  • Cost of Locker:
    Waitlist

Amenities

  • 56th-floor Outdoor Lounge
  • Fitness Centre
  • Outdoor Terrace
  • Sky Club
Deposit Structure

$10k on signing
Up to 5% in 30 days
5% in 120 days
2.5% in 380 days
2.5% in 540 days
5% on Occupancy

International Deposit Structure

$10,000 on Signing
Balance to 5% in 30 days
5% in 120 days
5% in 360 days
5% in 540 days

Incentives

FREE ASSIGNMENT*
FREE RIGHT TO LEASE DURING OCCUPANCY
CAPPED DEVELOPMENT & EDUCATIONAL CHARGES
$15,000 for Studios
$16,000 for 1 Bedroom/1 Bedroom + Den suites
$18,500 for 2 Bedroom/2 Bedroom + Den/2 Bedroom + Media suites
$20,500 for 3 Bedroom/3 Bedroom + Den/3 Bedroom + Media suites
EXTENDED DEPOSIT STRUCTURE
LIMITED TIME SPECIAL INTERNATIONAL DEPOSIT STRUCTURE

Location

Located one block from Yonge & Dundas and steps from world-class shopping and entertainment, 8 Elm is perfect for those who love the lights and energy of the city. By preserving its heritage building at the base, 8 Elm will merge the past with the future. Arid terrain, world-class transportation options, and a perfect Transit Score make the area surrounding 8 Elm on Yonge a rider's paradise. It is close to streetcars, subway lines, and TTC buses that serve the area.

Moreover, there are also many dedicated bike lanes around 8 Elm on Yonge that will be easily accessible by residents, making this area an excellent alternative to driving. Chinatown and Kensington Market are just a short walk away from here. And in 8 Elm's immediate vicinity, students and young professionals will find campuses of UofT, as well as Metropolitan University (formerly Ryerson) and George Brown College. Several major employment hubs are nearby, including the Financial District and Hospital Row. In addition to extensive revitalization, this part of the city is also undergoing extensive development, which will lead to more employment opportunities in the area. Allan Gardens and Moss Park are nearby green spaces.

Developers

Reserve Properties

Featuring residential, retail, and mixed-use properties, Reserve Properties is an active developer with two generations of experience and a family team that has made them a leader in the industry. Their experience spans over 40 years and includes 135 projects encompassing 15,000 homes. And over 2 million square feet of commercial and retail space across North America. The builders' forward-thinking residential projects are carefully thought out from the acquiring stage and incorporate sophisticated design and architecture.

Capital Developments

Founded in 2008, Capital Developments is a Canadian leader in the industry with roots in international markets. The company's chief executives also founded TriGranit, one of Europe's most successful developers. In addition to shopping centers, concert halls, and office towers, they also have developed and delivered some of Europe's finest performing arts centers.

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