8 Elm on Yonge

Reasons to Buy*

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!

WORLD CLASS CITY
Toronto has been recognized internationally as the most diverse and multicultural city in the WORLD! There is desirability for others to move here which is evident by the high amount of immigration and migration into the city. Toronto has one of the fastest growing tech sectors in North America and is home to the 2nd largest Financial Centre in North America and is home to THREE world renowned Universities (The University of Toronto, Toronto Metropolitan University & York University), not to mention it is safe and is full of diverse food and entertainment options for everyone.

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

REPUTABLE DEVELOPER:
Reserve Properties experience spans over four decades and two family generations and continues to be a driving force in reshaping the urban landscape™, with 135 projects, 15,000 residences, and more than 2 million square feet of commercial and retail space across North America.

Capital Developments is a leading residential developer founded in 2008 who has since delivered 26 buildings and nearly 12 million square feet of commercial and residential space.

Quick Facts*

Developer: Reserve Properties & Capital Developments
Address: 8 Elm St, Toronto
Nearest Intersection: Yonge & Dundas
Pricing: Starting From $710,900
Occupancy: May 31, 2027
Storeys / Suites: 69 Storeys / 819 Suites
Suite Types: Jr. One Bedroom – Three Bedroom + Den Suites
Suite Sizes: 300 sq ft – 983 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 180 days // 5% in 1,200 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, Free Right to Lease During Occupancy, One Year Free Maintenance
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