1. Projects > City of Toronto > 8 Elm on Yonge Assignment #150

8 Elm on Yonge Assignment #150

By: Reserve Properties, Capital Developments

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8 Elm Street, Toronto, ON, Canada

Assignment: From $559,900.00

Condominium

68 Storeys | 819 Suites

Studio - 3.5 Bedroom(s)

580 Sq Ft

Completion: 2027

8 Elm on Yonge by Reserve Properties and Capital Developments is a landmark 69-storey luxury condominium in the heart of Downtown Toronto, offering a prime Yonge & Gerrard location steps to TMU, Dundas Subway Station, and the Financial District with strong rental demand and investment potential.

8 Elm on Yonge Assignment – 1+1 Bedroom, 2 Bathroom Condo

Assignment Price: $599,000.00

Unit Info

  • Condo Name: 8 Elm on Yonge
  • Development: : Reserve Properties, Capital Developments
  • Address:8 Elm Street, Toronto, ON
  • Main Intersection: 8 Elm St. & Yonge St.
  • Size Type: 1 + 1 Bedrooms / 2 Bathrooms
  • Unit Size: 580 Sq.Ft
  • Facing: East
  • Parking: No
  • Locker: No
  • Occupancy: 2027

 

PRICING INFORMATION

Assignment Price (AP) $599,000.00
Price/Sq.Ft $1,033
Original Purchase Price (OP) $879,000.00
Deposit Paid to Developer By Seller (15%) $131,850.00
Due on Occupancy (85%) $747,150.00

 

BUYER’S SUM OF PAYMENT

Seller’s Profit (AP-OP) ($280,00.00)
Deposit Paid to Developer By Seller (15%) $131,850.00
Total Payment

$148,150.00

 

PAYMENT STRUCTURE

Deposit Due Upon Offer Acceptance $50,000.00
Remaining Balance Due Upon Developer’s Consent on Assignment

($198,150.00)

Floor Plan

Location Highlights

Situated in the vibrant Bay Street Corridor in Downtown Toronto, 8 Elm offers exceptional walkability and transit access in a prime investment zone. Steps to Dundas Subway Station, TMU, University of Toronto, and the Financial District, it is ideal for professionals, students, and investors. The area is surrounded by Yonge-Dundas Square, Eaton Centre, AGO, and the ROM, with world-class dining and entertainment nearby. With Walk Score 99, Transit 100, Bike 94, and over 26,000 sq. ft. of amenities, it delivers true downtown convenience and lifestyle.

Property Details

  • Developer: Reserve Properties, Capital Developments
  • Architect: IBI Group
  • Building Type: Condominium
  • Ownership: Condominium
  • Building Status: Pre-construction
  • Selling Status: Assignment
  • Storeys: 68
  • Suites: 819
  • Suite Type: Studio - 3.5
  • Suite Size: 580

Pricing & Fees

  • Price: $559,900.00
  • Parking Availability: No
  • Locker Availability: Yes

Building Amenities

  • Social Lounge
  • Sky Club
  • 56th-floor Outdoor Lounge
  • Fitness Space
  • Outdoor Terrace

Location

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