8 Elm Street Condos
8 Elm Street is a new condo development by Reserve Properties currently in preconstruction at 8 Elm Street, Toronto. 8 Elm Street has a total of 819 units.
Starting from $710,900
Only 10% Down In Next 3 Years
1 Year Free Maintenance
Up To $35,000 Credit On Closing
Free Right To Lease During Occupancy
Capped Development & Educational Charges
Free Assignment
This new development is an 68-storey condominium proposed for Toronto’s Downtown District by the Reserve Properties. The site for this ambitious proposal sits on the north side of Elm Street, just west of Yonge Street and steps from the vibrant intersection of Yonge and Dundas.
This new condo project is currently occupied by the James Fleming Buildings, heritage structures that are currently being used as office space. Proposal calls for the heritage building’s façade to be retained, which will become a three-storey podium containing commercial space. The tower – reaching 77 storeys – will rise above, boasting a more contemporary feel. Page + Steele/IBI will be designing the tower, which will be slender and wrapped in glass, with projecting balconies on the north and south sides providing an undulating, wave-like pattern.
7,814 square-feet of amenity space will be spread out over the fourth, fifth, sixth, seventh and 45th floors. On the 4th floor, this indoor space will connect to two outdoor amenity spaces on the north and south sides of the building, each spanning 600 square feet. The indoor amenities on the 45th floor will connect to a spectacular outdoor terrace, spanning 877 square-feet. The terrace will provide dazzling views of the downtown skyline.
The main entrance is planned to be off Elm Street, where an ornate overhang will provide pedestrian coverage. No parking spaces are proposed for this development, but 469 bicycle lockers will be included.
Toronto’s Downtown District is an exciting commercial hub that’s been seeing a steady increase of residential growth over the past few years. It’s currently estimated that 200,000 people work in this neighbourhood, which is home to numerous financial and corporate headquarters, along with a selection of upscale restaurants and bars.
As the needs of modern residents evolve, we’re seeing that many people are choosing to live in a location where they can walk or use public transit efficiently to get to work. With the density of employees here, it’s no wonder residential condominiums are being proposed for the neighbourhood.
Maziar Moini Broker of Record
Home Leader Realty Inc.
Last Update April 17, 2024
Maziar Moini, Broker of Record - Home Leader Realty Inc.
300 Richmond St. W., #300, Toronto, ON M5V-1X2
416-599-9599 ext:150 Cell : (647) 699-5900
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