Olive Residences Summary
This new condo project is coming to an upscale part of the City of North York.
Olive Residences is a new modern high-rise condominium by Capital Developments in North York. This 29-storey pre-construction project with 350 units will be located near the main intersection of Finch Ave E. and Yonge St. near restaurants, retail shops, local parks and schools.
This new development will offer units ranging from studios, and one to three bedrooms in an area surrounded by multi-storey condominiums.
Amenities
According to the Growth Plan for the Greater Golden Horseshoe, North York is one of Ontario’s Designated Urban Growth Centres. This means that any remaining developable lots in North York are extremely valuable. This is what makes Olive Residences so unique.
The lot here is 23,993 square feet and enjoys a frontage along Olive Avenue, which is currently zoned for residential development with the North York Centre Secondary Plan, allowing the floor space index to be four times the area of the lot.
Capital Developments have not yet revealed their features, finishes and amenity line-up, but judging by their eye for detail in their previous projects, we can expect suite features that may include 10′ high-smooth-finished ceilings in select rooms, engineered laminate flooring with acoustic underlay, glass showers, integrated appliances, premium countertops, and custom-designed contemporary kitchen cabinetry and bathroom vanities.
Amenity spaces may include a kids imagination space, party room, golf simulator, yoga studio, gym, dog wash station, outdoor terrace, barbecue station, outdoor bar, outdoor fire pit, and outdoor dining area.
Location & Neighbourhood
Olive Residences will be idyllically situated near countless restaurants, retail shops, local parks and schools. This area is also surrounded by many parks, golf courses and walking trails nearby.