8 Elm Condos is a new condo development currently in preconstruction at 8 Elm Street in Toronto, developed by Reserve Properties and Capital Developments. This remarkable 69-storey condominium offers an exceptional lifestyle in the heart of Toronto’s Discovery District, close to universities, hospitals, shopping, dining, and entertainment options. The project features a maintained historic building at its base and in collaboration with Canadian actor Simu Liu. The tower will have over 800 suites ranging from studio to 3 bedrooms and 26,000 square feet of modern amenities such as a fitness area, a social lounge, a sky club, and an outdoor terrace.Â
The collaborative team of Reserve Properties and Capital Development develops 8 Elm. The project is in the pre-construction stage at the moment, and it is expected to be completed by 2027.Â
The location is near Eaton Centre and Dundas Square; with an admirable walk and transit score, it's a great place to take a stroll. There are two major universities nearby and a full lineup of spectacular entertainment. This place will become a landmark in the heart of Toronto. 8 Elm Condos is ideal for those who want to live extravagantly and conveniently in downtown Toronto.
The 8 Elm is a thriving project, a new condo development by Reserve Properties and Capital Developments located at Elm St, Toronto. This is the next phase of a landmark residence; it consists of 69 storeys and 819 suites ranging from 300-998 sq. ft. priced at $1,447 per sq. ft. The VIP launch for 8 Elm took place in September 2022, with its public launch in November 2022. This extravagant property is expected for occupancy by May 2027.
If you require a brief understanding of the amenities, floor plans, location, and configuration of 8 Elm, delve into the brochure attached to get a clear view of this premium development. Download the brochure by clicking the button below.
This breathtaking residential development of 8 Elm is the epitome of resplendence and contemporary facilities. Some of the key amenities of 8 Elm are enlisted below for your consideration:
| Property Type | : Condo |
| City | : Toronto |
| Possession Date | :  |
| Country | : Canada |
| State | : Ontario |
| Municipality | : Toronto |
| Community |
: Bay-Street-Corridor |
8 Elm is a real estate development that Reserve Properties and Capital Development brought to reality. Reserve Properties is an active development in Canada with retail and commercial real estate expertise. They have been involved in 125 projects, provided around 12,5000 homes, and completed 2 Million Square Feet of commercial and retail space in Northern America. Capital Development was founded in 2008; they have delivered over 10 million square feet of space that includes; concert halls, offices, shopping malls and art centres. They have completed 1 million square feet of commercial and residential areas in Toronto and Montreal.
The pricing of the unit depends upon the size of the apartment. 8 Elm has luxury apartments and world-class amenities. For better insight, you can check out the prices of different condos and opt for the one that suits you best.
| Construction Status | : Preconstruction |
| Architect | : IBI Group |
| Builder | : Reserve Properties and Capital Developments |
Taking the past and the future hand in hand, 8 Elm Condos lies on the street lined with dividend restaurants, stores and pugs to attract the crowds. 8 Elm illustrates brilliance, encircled by all five-star facilities and amenities in downtown Toronto. Hospitals, universities, corporate hubs and banks surround 8 Elm. With the financial district nearby, it gets easy for people to walk to work and study institutions. The two universities close to 8 Elm include Toronto Metropolitan University and the University of Toronto, which is a quick ride away from the development.
The population density in Toronto per Square Kilometre is 30459% higher than in Ontario. The median age in Toronto is 4% lower than in Ontario. The population consists of 14.03% South Asian immigrants, 9.74% Black, and 11.39% Chinese are amongst the total population of Toronto.
In Toronto, many immigrant groups are settled and follow a livelihood. This immigrant population comprises 5.3% from China, 4.9% from the Philippines, 3.3% from India, 2% from Sri Lanka and 1.7% of the population from Jamaica.
In Toronto, the cost of living is 2% higher as compared to the average of Ontario. It is 14% higher than the national average as well. Housing in Toronto is 26% higher than the national average. The sales tax is 33% higher and the income tax is 40% lower in Ontario as compared to the national average.
To check the project's scores in the categories of walk score, bike score, and transit score, one must look at the points given to the location based on various standards. The scores are as follows:
The brochure can either be downloaded from the website of Square Yards (scroll above) or on the main website of the respective project.
8 Elm Condos is located at 8 Elm St, Toronto, ON, M5G 1G7, Canada.
The developers are responsible for undertaking 8 Elm Reserve Properties and Capital Developments. The architecture of the building is taken care of by IBI Group.
The amenities at 8 Elm include fitness facilities, a game room, a co-working space, a sky club, private dining, a kids
8 Elm is still in its pre-construction stage.
