38 Olive Ave, North York, ON M2N 4P9, Canada
Pre-Construction
$500,000 's
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.
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.
This condo project will also include 124 parking spaces in a three-level underground garage and 271 bicycle parking spaces. 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.
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.
For all of your shopping needs, Bayview Village Shopping Centre is a 6-minute drive away. This upscale mall has over 110 luxury shops, brand-name stores and well-known restaurants. Additionally, CF Shops at Don Mills is a quick 17-minute drive from this development. Shops at Don Mills is an outdoor premier shopping experience with everything from retail stores, homeware shops, supermarkets, medical services, restaurants and eateries that also cater to nightlife and entertainment, including Cineplex Cinemas.
The property is also located 2 minutes from the Yonge and Finch transit hub. From here, residents can directly connect to local and regional transportation services provided by the TTC, Go Transit and YRT/VIVA. In addition, Finch subway station runs on the Line 1 Yonge-University corridor taking residents to Union Station in just 30 minutes. Residents can also access many major roads and highways quickly, with Highway 401 directly south and the 404 directly east.
The benefit of owning in this area is that it is centrally located between Vaughan and Downtown Toronto. So no matter where you’re travelling in the GTA, you’ll be able to reach your destination quickly.