Coming soon to Toronto’s prized intersection of Yonge & Dundas in the heart of the Downtown Core, 8 Elm on Yonge is set out to become one of the city’s most sought after residences. Here at 8 Elm on Yonge, residents will find themselves walking distance from Dundas Station, the Toronto Metropolitan University, CF Eaton Centre, countless shops, restaurants, boutiques and cafes and so much more that the city has to offer.
One Bedroom Suites Starting From The $700s!
Two Bedroom Suites Starting From The $1 Millions!
Three Bedroom Suites Starting From The $1.4 Millions!
Project Name: 8 Elm on Yonge
Developer: Reserve Properties & Capital Developments
Address: 8 Elm St, Toronto
Nearest Intersection: Yonge & Dundas
Pricing: Starting From $683,900
Occupancy: May 31, 2027
Storeys / Suites: 69 Storeys / 819 Suites
Suite Types: Jr. One Bedroom – Three Bedroom + Den Suites
Suite Sizes: 300 sq ft – 998 sq ft
Maintenance Fees: Approx. $0.69/sq ft (Water and hydro are separately metered, Gas is included)
Parking: $155,000 – Available for purchase on 3 Bedroom Suites 800 sq ft and above and Model 3A Suites, 767 sq ft, 55th Floor and above (All others will be Waitlisted)
Deposit Structure: $10,000 on Signing // Balance to 5% in 30 days // 5% in 120 days // 2.5% in 380 days // 2.5% in 540 days // 5% on Occupancy
Suite Finishes: Laminate Flooring, Stone Kitchen Countertops, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer and more
Building Amenities: Indoor and Outdoor Social & Co-Working Lounges, Sky Club with Outdoor Lounge, Fitness Amenities, Infrared Sauna, Party Rooms, Private Dining Rooms, Games Room, Theatre Room, Kids & Pet Zone, 56th Floor Sky Club with Terrace and more.
POPULATION INCREASE & ECONOMICAL OUTLOOK
Toronto is the Largest City in Canada. It is home to over 2.7 Million People and GROWING! It is estimated that Toronto will need an additional 259,000 new homes from now until 2031 to meet the demands of a growing population but it is estimated that the city will only be able to provide 157,800 new homes by then which means that there will be a shortage of over 100,000 homes. This will ultimately drive up demand for existing housing which will lead to increased real estate values and rental rates!
CONNECTIVITY & TRANSPORTATION
The city is serviced by Subway transit, Up Express, Streetcars, GO Transit, The Eglinton LRT (Light Rail Transit), Billy Bishop Airport and is only a short commute to Pearson International Airport – Toronto is connected and can take you anywhere you need to be.
LOCATION, LOCATION, LOCATION
Home to a thriving Downtown Core, the Rogers Centre, the Scotiabank Arena, the CNE, Budweiser Stage at Ontario Place, BMO Field, Billy Bishop Airport, CF Toronto Eaton Centre, world-class Universities, Lake Ontario to the south, thousands of restaurants – Toronto has so much to offer.