Centricity
By: Graywood Developments Ltd
Project Highlight
241 Church Street, Toronto
Situated in the heart of downtown Toronto, at the intersection of Dundas & Church. It's a hub of vibrancy, steps away from retail, education, cuisine, and culture. The location boasts perfect Transit, Walk, and Bike Scores, offering easy access to the city's multi-dimensional transit system and notable landmarks such as Allan Gardens, Queen's Park, and Riverdale Park West
Price
1 Bedroom | from $626,990 - $941,990* |
2 Bedroom | from $977,990 - $1,154,990* |
3 Bedrooms | from $1,252,990 - $1,506,900* |
*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
Early 2027
Project Highlight
- Located in the heart of downtown Toronto, at the intersection of Dundas & Church.
- Close proximity to entertainment, fashion, retail, education, cuisine, and culture.
- Everything you need is just steps or a short bike ride away.
- Plugged into Toronto’s multi-dimensional transit system for easy connectivity.
- Explore surrounding downtown Toronto neighbourhoods, each with their own unique vibe.
- Graywood Developments is committed to creating communities that are optimized for life today and built with a vision of a prosperous tomorrow.
- Perfect 100/100 Transit Score, Walk Score, and Bike Score.
- Direct access to 505 Dundas Streetcar.
- Located near Allan Gardens, Queen's Park, Riverdale Park West, Toronto General Hospital, University of Toronto & Ryerson University, Toronto Eaton Centre Mall, and countless restaurants.
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Where Urban Living Meets Timeless Luxury.
Introducing Centricity, 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 | Graywood Developments Ltd |
Architect | Turner Fleischer Architects |
Building Type | Condominium |
Building Status | Pre-Construction |
Selling Status | Platinum Access |
Storeys | 50 |
Suites | 594 |
Suite Type | Studio - 3 |
Suite Size | 380 - 1215 |
Launch | 2023 |
Building Amenities
- Spin Studio
- Multimedia Lounge
- Multimedia Room
- Co-Working Space & Lounge
- Yoga & Meditation Studio
- Outdoor Fitness
- Children's Play Zone
- Outdoor BBQ & Dining
- Outdoor Lounge
- Rooftop Seating
- Indoor Party Room
- Outdoor Dining
Fees and Addons
Parking Space Cost: $129,000
EV Parking Cost: $145,000
Parking Availability: Available for purchase on 2 bedroom + den and larger (subject to availability).
Storage Locker Cost: Waitlisted
Maintenance Fee: $0.70/SF, Notes: Water and hydro are separately metered.
Tax: Prices include H.S.T.***
***As per the Agreement of Purchase and Sale.
Current Incentives
Limited-time extended deposit structure**
Free assignment**
Free right to lease during occupancy**
Capped development & educational charges**
$13,500 for Studio / Jr. 1 Bed / 1 Bed / 1 Bed + Den (regularly $16,000)
$18,500 for 2 Bed / 2 Bed + Den / 3 Bed / 3 Bed + Den (regularly $20,000)
Special Preview Pricing
$10,000 off the Purchase Price of a Studio / Jr. 1 Bed / 1 Bed / 1 Bed + Den*
$20,000 off the Purchase Price of a 2 Bed / 2 Bed + Den / 3 Bed / 3 Bed + Den*
Deposit Structure**
$10,000 | on signing |
Balance to 5% | in 30 days |
5% | in 180 days |
2.5% | in 380 days |
2.5% | in 540 days |
5% | on Occupancy |
Limited-time Extended Deposit Structure**
$10,000 | on signing |
Balance to 5% | in 30 days |
5% | in 180 days |
5% | on Jan 15, 2024 |
5% | on Jan 15, 2025 |
5% | 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
Graywood Developments Ltd. is a Toronto-based private investment management company that specializes in the development of real estate properties of exceptional quality. With a unique expertise in both residential and commercial developments, Graywood prides itself on creating communities that are not just optimized for life today, but are built with a vision of a prosperous tomorrow.
Their approach goes beyond the bricks and mortar of construction, focusing on the larger urban picture. They have a keen eye on how and where people want to live, and a passion for projects that get noticed and endure. They aim to ensure that their purchasers are making the right investment, both personally and financially, by creating environments that are timeless and valuable.
One of the company’s core beliefs is that if a home is one of the biggest investments one will ever make, then one’s real estate developer should also be an investment expert. This philosophy is embodied in their commitment to creating homes and communities that their residents are proud to call home and that stand the test of time, such as the Centricity Condos in Toronto.
Reasons to Invest in Centricity
Prime Location: Centricity is located in the heart of downtown Toronto, at the intersection of Dundas & Church. This prime location offers close proximity to retail, education, cuisine, and culture, making it an attractive place to live for a wide variety of potential tenants.
Transit Accessibility: The condos boast a perfect Transit, Walk, and Bike Score of 100/100. With direct access to the 505 Dundas Streetcar, and easy connectivity to Union Station and the Gardiner Expressway, commuting is made easy for residents.
Quality Developer: Graywood Developments Ltd. has a strong reputation for creating high-quality residences. They're committed to creating communities that are not just optimized for life today, but built with a vision of a prosperous future.
Diverse Unit Layouts: With 594 units ranging from 380 to 1215 square feet and layouts from studio to 3-bedroom with a den, Centricity offers options for various lifestyles and budget ranges, attracting a broad market of potential tenants.
Modern Amenities: The condos are equipped with modern amenities like a fitness centre, co-working space, outdoor BBQ & lounge area, and a dedicated kids zone, making it an attractive living option for potential tenants.
Rental Demand: Given its proximity to major landmarks like Allan Gardens, Queen's Park, Riverdale Park West, Toronto General Hospital, University of Toronto & Ryerson University, and Toronto Eaton Centre Mall, the demand for rentals is likely to be high.
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.
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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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