Dundas St E & Jarvis St - Toronto
Elektra Condos Specs |
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|---|---|
| Number of Storeys | 48 Storeys |
| Total Number of Suites | 500 Suites Total |
| 11 Floor Plans | |
| Suite Size Range | 378 - 673 sq ft |
| Location | 218 Dundas St E, Toronto, O |
| Parking Price | $120,000 |
| Locker Price | Request Locker Price |
| Developers | Menkes Developments Ltd. and Core Development |
| Arcitects | Giannone Petricone Architects |
| Interior Designer | figure3 Interior Design |
| Amenities | Garden Café, Fitness Studio, Gaming Hub, Co-work Lounge, Movie Theatre, Sound Studio, Yoga Studio, Fireplace Terrace, Party Lounge, Kids Zone, Outdoor Terrace |
Maintenance Fees |
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| Est. Maintenance | |
| Locker Maintenance | |
| Parking Maintenance | |
| Est. Property Tax | |
Important Dates |
|
|---|---|
| Est. Occupancy | Fall 2027 |
| VIP Launch | Jun 08, 2022 |
Deposit Structure |
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| Total Min. Deposit | |
| Deposit Notes | $10K Bank Draft on Signing Balance of 5% in 30 Days 2.5% in 90 Days 2.5% in 180 Days 2.5% in 370 Days 2.5% in 540 Days 2.5% in 740 Days 2.5% in 900 Days International Deposit Structure - 35% $10K Bank Draft Upon Signing Balance of 10% in 30 Days 2.5% in 90 Days 2.5% in 180 Days 5% in 370 Days 5% in 540 Days 5% in 740 Days 5% in 900 Days |
| Development Caps | 1B plus Den and Smaller: $13,000 2B and Larger: $18,000 |
| Assignment Policy |
Neighborhood vacancy rates below 1% with less than 18 days on market.
Rental rates appreciated an average more than 8% year-over-year (Source – Toronto Real Estate Board)
1 Bedroom- $1600- $2800 1 Bedroom + Den- $2300- $2800 2 Bedrooms- $2500-$3100 2 Bedrooms + Den – $2880-3900 2 Bedrooms + Den – $2880-3900