8 Elm on Yonge

By: Capital Developments and Re​​​​​​​serve Properties​​​​​​​


Location

8 Elm Street, Toronto


Set on an exceptionally beautiful street, only steps from world-class shopping, dining, and entertainment venues in the heart of Toronto at Yonge and Dundas. The site will preserve the James Fleming heritage building at its base.


Price

1 Bedroom

from $710,900 - $1,149,900*

2 Bedroom

from $1,075,900 - $1,282,900*

3 Bedrooms

from $1,544,900 - $1,688,900*


*Pricing only applies to floor and units that are released. Premiums apply to floors, balconies, terraces, and views. All prices, promotions, incentives, and specifications are subject to change without notice and are available for a limited time only. E. & O.E.​​​​​​​


Occupancy

May 2027​​​​​​​


Project Highlight


  • 8 Elm on Yonge is a new 69-storey residential condominium developed by Reserve Properties and Capital Developments.

  • The condo is located on a quiet street only one block from Yonge & Dundas, close to world-class shopping and entertainment.​​​​​​​

  • The occupancy date is planned for Spring 2027, and it consists of 819 units ranging from studio to three-bedroom plus den suites.

  • The building will include 26,000 square feet of indoor and outdoor amenities, such as a fitness center, infrared sauna, indoor and outdoor social & co-working lounges, sky club with outdoor lounge, party rooms, private dining rooms, games room, and a kids & pet zone.

  • The condo is set on a street that maintains a quiet, residential feel while being surrounded by premier restaurants, pubs, and shops.


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Where Urban Living Meets Timeless Luxury.


Introducing 8 Elm on Yonge, an impressive new residential tower created by Reserve Properties and Capital Developments, offering an exciting lifestyle in the heart of Toronto. Situated on a peaceful street just one block away from Yonge & Dundas, and within easy reach of top-notch shopping and entertainment, 8 Elm is designed for those who embrace the vibrant ambiance and dynamic energy of the city. It harmoniously combines the past and the future by preserving the historic James Fleming heritage building at its base. This exceptional street is adorned with exceptional dining establishments, pubs, and shops, while maintaining a serene residential atmosphere.


Yonge and Dundas are your gateway to a multitude of experiences and desires. Surrounding 8 Elm, you'll discover a plethora of outstanding venues for dining, drinking, shopping, and entertainment, ensuring that you always have incredible options to choose from.


Connectivity takes precedence at 8 Elm. You'll find yourself just steps away from the Yonge subway line and the Dundas streetcar, facilitating easy transportation. Moreover, living at 8 Elm places you in an ideal location near universities, corporate headquarters, banking institutions, and hospitals. With the financial district within close proximity, commuting to work is a short stroll away, while students can conveniently attend classes and study sessions at Toronto Metropolitan University, located just across the street, or the University of Toronto, a quick ride away.


Should you prefer a cozy night in, 8 Elm provides a wealth of indoor and outdoor amenities spanning over 26,000 square feet. From the sophisticated Social Lounge to the breathtaking Sky Club and Outdoor Lounge on the 56th floor, from the expansive Fitness space to the lush Outdoor Terrace, every detail has been meticulously crafted to enhance your daily experiences.​​​​​​​

Property Details

Developer

Reserve Properties, Capital Development

Architect

IBI Group

Building Type

Condominium

Building Status

Pre-Construction

Selling Status

Platinum Access

Storeys

68

Suites

819

Suite Type

Studio - 3.5

Suite Size

300 - 983

Launch

2022


Building Amenities

  • Social Lounge

  • Sky Club

  • 56th-floor Outdoor Lounge

  • Fitness Space

  • Outdoor Terrace


Fees and Addons

Parking Space Cost: $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.
Cost of Locker: Waitlisted
Maintenance Fee: $0.69/SF (Notes: Water and hydro are separately metered. Gas is included.)

Tax: Prices include H.S.T.***


***As per the Agreement of Purchase and Sale.

Current Incentives

  • Limited-time extended deposit structure valid on the first 50 sales **

  • 1 year free maintenance**

  • 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


Deposit Structure**

$10,000

on signing

Balance to 5%

in 30 days

5%

in 180 days

5%

in 1200 days

5%

at Occupancy



Canadian Non-Resident Deposit Structure**

$10,000

on signing

Balance to 5%

in 30 days

5%

in 120 days

5%

in 360 days

5%

in 540 days

5%

in 640 days

10%

on Occupancy


**All promotions, incentives, deposit structure and specifications are subject to change without notice and available for a limited time only
Terms and conditions apply. Please speak to our sales representative for more details. E. & O.E.

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Developer's Story

Reserve Properties is a developer with 40 years of experience and has been involved in 135 projects across North America, offering extensive expertise in all aspects of real estate development, construction, and financing.


Capital Developments is a Canadian industry leader with international roots, having developed and delivered 10 million square feet of mixed-use space, including some of Europe’s finest shopping centres, concert halls, office towers, and performing arts centres.

Reasons to Invest in 8 Elm on Yonge

  1. Its location in the heart of Toronto at Yonge and Dundas puts it steps away from the Yonge subway line and the Dundas streetcar, making it highly accessible.

  2. The building is in close proximity to universities, corporate and bank headquarters, and hospitals.

  3. The area has a walk score of 99 and a bike score of 94, indicating it is highly walkable and bike-friendly.

  4. The location provides quick access to many entertainment and sporting attractions, including Yonge Dundas Square, Eaton Centre, Ed Mirvish Theatre, Nathan Phillips Square, Scotiabank Arena, Rogers Centre, and more.


Reasons to Choose Us Over Other Realtors

  • We are independent Realtors specializing in pre-construction sales and have access to insider sales and true unit allocation in advance of the general Realtor and the general public, through our developer relationships.

  • We offer a turn-key leasing service for those who purchase an investment property with us, including marketing, showing your property, reviewing potential tenants, signing the lease, and coordinating the moving in/out process.

  • Our services are designed to provide a smooth and stress-free experience for property owners, including handling all aspects of the leasing process and providing an in-house handyman to ensure the unit is ready before a new tenant moves in.


Register for floor plans and price lists

By registering you are opting in to receive updates, invitations and e-mail offers. We do not share e-mails with third parties, you can unsubscribe at any time with a click on the link.

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