About the project

8 Elm on Yonge is a new pre-construction condo development by Reserve Properties and Capital Developments. Coming soon to 8 Elm Street in Toronto. 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.

8 Elm on Yonge Highlights

This location is in Toronto’s Bay Street Corridor neighbourhood at Yonge Street and Gerrard Street in Toronto, while amongst Toronto’s most densely populated communities. Especially with the luxury of being within walking distance of major corridors of downtown. The Bay Street Corridor has grown into one of Toronto’s premier condo markets, specifically attracting a large number of young professionals to the region. Because of the near proximity of the University of Toronto, the medical district, and the Financial District, this neighbourhood has a heavy international blend of residents and investors. The tower sits above the three-story heritage building that has been preserved, set back from the Elm Street facade.

  • 1 min walk to Dundas Station
  • 2 min to College Park Shopping Centre
  • 5 min to Toronto Metropolitan University (Ryerson)
  • Close proximity to the 5 major hospitals, City Hall, and the Financial District
  • Bike Score of 94 out of 100
  • Walk Score of 99 out of 100
  • Transit Score of 100 out of 100
  • Nearby parks such as College Park, Joseph Sheard Parkette and Larry Sefton Park

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Deposit Structure:


Incentives

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
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies ($15,000 for Studios, $16,000 for 1 Bed/1 Bed + Den suites, $18,500 for 2 Bed/2 Bed + Den/2 Bed + Media suites, $20,500 for 3 Bed/3 Bed + Den/3 Bed + Media suites), Free Assignment (*Legal Fees Apply), Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement
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

 

  • Property ID 8968
  • Price Starting from $683,900
  • Property Type Pre Construction Condos
  • Property status Move in 2027
  • Label Selling Now
  • Number of Storeys 68 Storeys
  • Number of Suites 801 Suites
  • Suite Type One Bedroom – Three Bedroom Suites

Location

Walk Score

Address

Address: 8 Elm St, Toronto, ON M5G 1G7, Canada
  • Country: Canada
  • City / Town: Pre Construction Homes Toronto
  • Neighborhood: The Annex
  • Postal code / ZIP: M5G 1G7
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About the Builder

481 Yonge Developments Inc has proven to be successful in multiple real estate branches ranging from investments and developments to transformation and property management. Our goal is to keep developing our skills and knowledge in acquiring, developing and maintaining real estate. Together with our strategic partners, we will keep identifying opportunities and pushing boundaries. By doing so we w ...

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