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Projects  \  Canada  \  Ontario  \  Toronto  \  Olive Residences

Olive Residences

(5 Ratings, Average: 5 out of 5)

Last Updated: November 6, 2024

Desirable Condo Living in Willowdale 

Introducing Olive Residences, North York‘s newest landmark in Willowdale. This exciting new condominium is set to stand 29-Storeys tall near Yonge & Finch, a highly sought-after location in Toronto’s north end. Olive Residences is developed by Capital Developments and will be located at 31 Finch Avenue East at the intersection of Yonge Street & Finch Avenue. 

Spacious exteriors complement modern, well-designed interiors 

Olive Residences will feature 350 mixed condo units with a mix of one, two and three-bedroom suites. This highly sought-after and well-connected community will have a spacious lobby on the outside and each unit will have luxurious interiors with impeccable, modern amenities. As a resident, you will also enjoy easy and quick access to world-class subway and transit options, big box stores and Highways 400 and 401.

Quick Facts

Developers
Capital Developments
Building Status
Under Construction
Address
38 Olive Ave, North York, ON M2N 4P9
Selling Status
Platinum Access
Occupancy
Q1 2026
Launch Date
May 16, 2024

Property Details

Storeys/Suites
37 Storeys / 350 Suites
Ownership
Condominium
Unit Types
Studio to 3 Bedooms
Architects
Arcadis IBI Group Architects
Suite Size
545 - 845 sq ft
Interior Designers
Michael London Design Inc.

Pricing & Fees

Pricing
From $419,900 - $1,564,900
Cost of Parking
$99,000
Cost of Locker
Waitlisted
Maintenance Fees
$0.69 / sq ft / month
Parking Maintenance
$96.41 / month
Locker Maintenance
TBD
Deposit Structure
TOTAL OF $50,000 DEPOSIT STRUCTURE
$10,000 (Bank Draft) On Signing
$20,000 in 30 days
$20,000 in 90 days
Balance to 20% on Occupancy
5% DEPOSIT STRUCTURE FOR TOWNHOMES
ONLY $10,000 (Bank Draft) on Signing
Balance to 5% in 30 days
15% on Occupancy

Reasons to Invest in Olive Residences

1. Prime Location in North York

Olive Residences are located in the heart of North York, one of Toronto’s most sought-after neighborhoods. This location offers easy access to major transit routes, including the Yonge-University subway line, making commuting to downtown Toronto and other parts of the city convenient. The area is also home to numerous shopping centers, restaurants, parks, and top-rated schools, ensuring a high quality of life for residents and strong demand for property in the area.

2. Modern Design and Premium Amenities

Olive Residences are designed with contemporary aesthetics and functionality in mind. The development features a range of premium amenities such as a fully equipped fitness center, stylish lounge areas, rooftop terraces, and more. These amenities enhance the living experience, making the residences attractive to both buyers and renters. The high-quality construction and attention to detail in design ensure long-term durability and appeal.

3. Strong Investment Potential

The North York area has seen consistent growth in property values, driven by its desirable location and ongoing development. Investing in Olive Residences offers the potential for significant capital appreciation as the neighborhood continues to evolve. Additionally, the strong rental market in North York ensures steady rental income, providing a reliable return on investment. The combination of a prime location, modern amenities, and market growth makes Olive Residences a compelling investment opportunity.

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Highlights

  • The thriving Yonge Street shopping district
  • Numerous food markets 
  • The Bayview Village Shopping Centre, Centrepoint Mall and Fairview Mall 
  • Bayview Village Park and Earl Bales Park
  • Highways 401 and 404
  • Finch and Sheppard-Yonge Subway Stations 
  • York Region GO Transit bus terminal
  • North York Central Library
  • Mel Lastman Square 
  • The North York Civic Centre
  • Ford Centre for the Performing Arts
  • Art Gallery of North York
  • Earl Haig Secondary School
  • Douglas Snow Aquatic Centre

Incentives

  • Guaranteed First Platinum Access
  • Preferred VIP Floor Plan Selection
  • Discounted First-Round Pricing
  • Pre-public Invitation Means No Line Ups
  • VIP Bonus Incentives & Promotions
  • Extended Deposit Structure
  • Capped Levies and Fees
  • FREE* Assignment Rights
  • FREE* Lawyer Review

Building Amenities

  • Private Catering Kitchen
  • Chef’s Kitchen
  • 24 Hour Concierge
  • Yoga/Pilates Studio
  • Fitness Studio
  • Herb Garden
  • Social Lounge
  • Collab Space
  • Meeting Room
  • Ping Pong Table
  • Bocce Court
  • Outdoor Stretching Area
  • Virtual Sports Room

Suite Finishes

  • 9′ ceiling heights
  • Floor-to-ceiling windows
  • Luxury laminate flooring in all specified areas
  • Designer contemporary-style kitchen cabinetry in a variety of finishes and styles
  • Quartz countertops and backsplash
  • Stainless steel appliances
  • Stacked Washer & Dryer
  • Designer cabinet vanities with white porcelain sink
  • Frameless glass shower door
Awards & Achievement

Awards & Achievement

Ready to Explore? Request your Olive Residences Brochure for a Comprehensive Overview

About the Neighborhood

Residents of Olive Residences can take advantage of its prime location in the Willowdale West neighbourhood. The Condo will have close access to Highways 401 & 404 and minutes away from Finch Subway station and Old Cummer GO Station for transit access. Getting around Toronto doesn’t get easier than this. Shopaholics will love the fact that Bayview Village Shopping Centre, Centrepoint Mall and Fairview mall are a few minutes’ drive away. 

Seneca College’s Newnham Campus is close by for students while Finch Parkette, Canterbury Parkette and Northtown Park greet nature lovers. Investors and homebuyers will be vying for this property thanks to its proximity to the mix of family-friendly restaurants, small retailers and big box stores too.

Walkscore

PDF Files for Olive Residences

  • Incentives - Olive Residences.pdf
  • Feature Sheet - Olive Residences.pdf
  • Price List - Olive Residences.pdf
  • Worksheet - Olive Residences.pdf
  • Amenity Plan - Olive Residences.pdf
  • Renderings - Olive Residences.pdf
  • Floor Plans - Olive Residences.pdf
  • Project Presentation - Olive Residences.pdf
  • Key Plate - Olive Residences.pdf
  • Brochure - Olive Residences.pdf
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Olive Residences Floor Plans

21 FLOOR PLANS (3 AVAILABLE)         PRICES FROM $419,900 - $1,564,900

  • 1BR
  • 1BR+DEN
  • 2BR
  • 3BR
Plan Suite Name Suite Type Size View Availability
AQUA 1 Bedroom 508 SQ FT SOLD OUT MORE DETAILS
HONEYDEW 1 Bedroom 535 SQ FT SOLD OUT MORE DETAILS
LAUREL 1 Bedroom 465 SQ FT SOLD OUT MORE DETAILS
LIME 1 Bedroom 490 SQ FT SOLD OUT MORE DETAILS
MANTIS 1 Bedroom 528 SQ FT AVAILABLE MORE DETAILS
TEA 1 Bedroom 405 SQ FT SOLD OUT MORE DETAILS
Plan Suite Name Suite Type Size View Availability
BASIL 1 Bedroom + Den 620 SQ FT AVAILABLE MORE DETAILS
JADE 1 Bedroom + Den 545 SQ FT SOLD OUT MORE DETAILS
KELLY 1 Bedroom + Den 600 SQ FT SOLD OUT MORE DETAILS
MATCHA 1 Bedroom + Den 568 SQ FT SOLD OUT MORE DETAILS
NEON 1 Bedroom + Den 620 SQ FT SOLD OUT MORE DETAILS
PEAR 1 Bedroom + Den 545 SQ FT SOLD OUT MORE DETAILS
SEA 1 Bedroom + Den 652 SQ FT AVAILABLE MORE DETAILS
Plan Suite Name Suite Type Size View Availability
ALOE 2 Bedrooms 780 SQ FT SOLD OUT MORE DETAILS
CLOVER 2 Bedrooms 775 SQ FT SOLD OUT MORE DETAILS
FOREST 2 Bedrooms 690 SQ FT SOLD OUT MORE DETAILS
JUNIPER 2 Bedrooms 718 SQ FT SOLD OUT MORE DETAILS
PINE 2 Bedrooms 688 SQ FT SOLD OUT MORE DETAILS
SAGE 2 Bedrooms 612 SQ FT SOLD OUT MORE DETAILS
Plan Suite Name Suite Type Size View Availability
AVOCADO 3 Bedrooms 845 SQ FT SOLD OUT MORE DETAILS
OLIVE 3 Bedrooms 845 SQ FT SOLD OUT MORE DETAILS

About the Developer

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