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North - Existing 27 storey Chelsea Hotel
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South - Clear & Protected above the 35th floor towards CN Tower and Lake Ontario. Due to the helicopter flight path to Sick Kids Hospital, the City will not allow any towers above 35 stories to the immediate south of 8 Elm.
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East - A few short 1-4 storey commercial buildings and the Student Centre for Toronto Metropolitan University on the east side of Yonge.
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West - 3-4 storey commercial buildings
How are the rental rates at Yonge & Dundas?
A recently completed condominium (Panda Condos) is commanding very high rental rates:
- Junior 1 Bedroom - Approx 2,500+
- 1 Bedroom - Approx 2,600+
- 2 Bedroom - Approx 3,500+
Why is 8 Elm a great investment?
Despite current market conditions, we believe there is always a high demand for rare-to-find, super prime locations such as Yonge & Dundas. Not only is the location sandwiched between Hospitals, Schools, world-class retail, the Financial Sector, and thousands of other high haying jobs, 8 Elm is also literally steps to the Dundas Subway Station.
All of this make 8 Elm a hot, in-demand location for rentals and sales.
Amazing Deposit Structure
The condominium will have a great deposit structure (just 15% down) and excellent pricing starting in the 500s, with an expected completion date of late 2027.
How can I buy a suite at 8 Elm?
Early demand has been strong because of its location. We are accepting early suite reservations. Please register to view the details and submit your suite reservation requests today.
We look forward to working with you at 8 Elm!
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