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Olive Residences
31, Olive Avenue, Finch Ave E & Yonge St, Willowdale East, Toronto, Ontario
From $853,900
- Project Status:Construction
- Builder Name:Capital Developments
Project Size
- 29 Storeys 350 Units
- Condo
- Pre-Construction
Configurations
- 1 BR Jr., 1 BR, 1 BR + Den, 2 BR, 2 BR + Media, 3 BR, 3 BR + Den Beds
- 1, 2 Bath
Olive Residences - Project Description
Olive Residences is a vibrant new chapter coming soon to North York’s Olive Avenue. Conceptualized by IBI Group and developed by Capital Developments, Olive Residences feature a total of 350 residential suites in dwellings between 1 to 3 bedrooms. Located in the highly sought-after Willowdale and multicultural neighbourhood of North York, the high-rise condos stand out amongst the rest with access to world-class recreation and amenities. With 11,000 Sq.Ft. thoughtfully designed indoor and outdoor amenities, residents can witness a perfect balance of luxury and effortless living.
Boasting a perfect transit score of 100, the neighbourhood provides immediate access to a wide assortment of lifestyle amenities. Situated steps away from Yonge Street & Finch Transit Hub, residents can enjoy access to TTC bus stops, Subway stations, and GO Transit lines. The completion of the Yonge North Subway Extension and Scarborough Subway Station is further expected to improve the transit network for commuters.
The connectivity with Highway 401 and the Don Valley Parkway makes it convenient for the residents to commute to the Downtown core and takes less than an hour.
Yonge Street is one of the most vibrant cities and provides access to a wide assortment of lifestyle amenities. Multiple big stores, dining restaurants, entertainment options and shopping centres are located nearby. Residents can also enjoy easy access to lush parks including Finch Parkette, Canterbury Parkette, G Ross Lord Park and Northtown Park.
The thriving neighbourhood of Willowdale is a family-friendly community and home to prestigious schools and colleges including McKee Elementary Public School, York University, and Seneca College. Olive Residences is close to major employment hubs, with 82% office jobs in Yonge & Finch, 79% in Yonge & Eglinton, and 61% in Scarborough, making it a sound investment for working professionals. The average PSF of Olive Residences is $1,425 and the rent is also projected to rise further, which makes it an excellent investment opportunity.
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Olive Residences - Building Details
Olive Residences is a condominium development offering 350 luxury suites. This 35-storey project has 12 different floor plans with suites ranging from 612 - 1427 sq. ft. Developed by Capital Developments, its architectural design was created by IBI Group. These luxury suites start on the third floor and are equipped with many amenities. Launched in 2023, it has been designed by Michael London Design Inc. This under-construction project is estimated to be launched in 2025.
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- Building AddresFinch Ave E & Yonge St, Willowdale East, Toronto, Ontario
- Total Suites350
- ArchitectIBI Group
- Parking Price$89,000
Olive Residences- Tower Details
| Property Type | : Condo |
| Price | : From $853,900 |
| Area | : Toronto |
| Maintenance | : $0.69 / Sq Ft / Month |
| Possession Date | :  |
| Country | : Canada |
| State | : Ontario |
| Municipality | : Toronto |
| Community |
: Willowdale East |
| Suites Size Range | : 612 - 1427 Sq Ft |
Olive Residences - Brochure
Have a look at the features of Olive Residences with this brochure. You can download the brochure to get additional information about this condominium. It provides all the additional details about the floor plans, features, configurations, and more.
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Olive Residences - Unit Plans
Olive Residences is a 35-story development. These suites range from 612 sq. ft. to 1427 sq. ft. The prospective buyers get 1-bedroom to 3-bedroom condos in this development.
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1 BR Jr. Beds
1 BR Jr. Beds
405 Sq.Ft. - 447 Sq.Ft.. Apartment
Coming
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- Interior Size: 405 Sq.Ft. - 447 Sq.Ft.
- Bed Room: 1 BR Jr.
- Bath Rooms: 1
1 BR Beds
1 BR Beds
503 Sq.Ft. - 580 Sq.Ft.. Apartment
Coming
Soon
- Interior Size: 503 Sq.Ft. - 580 Sq.Ft.
- Bed Room: 1 BR
- Bath Rooms: 1
1 BR + Den Beds
1 BR + Den Beds
595 Sq.Ft. - 645 Sq.Ft.. Apartment
Coming
Soon
- Interior Size: 595 Sq.Ft. - 645 Sq.Ft.
- Bed Room: 1 BR + Den
- Bath Rooms: 1
1 BR + Den Beds
1 BR + Den Beds
659 Sq.Ft. - 697 Sq.Ft.. Apartment
Coming
Soon
- Interior Size: 659 Sq.Ft. - 697 Sq.Ft.
- Bed Room: 1 BR + Den
- Bath Rooms: 2
2 BR Beds
2 BR Beds
669 Sq.Ft. . Apartment
Coming
Soon
- Interior Size: 669 Sq.Ft.
- Bed Room: 2 BR
- Bath Rooms: 1
2 BR Beds
2 BR Beds
688 Sq.Ft. - 820 Sq.Ft.. Apartment
Coming
Soon
- Interior Size: 688 Sq.Ft. - 820 Sq.Ft.
- Bed Room: 2 BR
- Bath Rooms: 2
2 BR + Media Beds
2 BR + Media Beds
821 Sq.Ft.. Apartment
Coming
Soon
- Interior Size: 821 Sq.Ft.
- Bed Room: 2 BR + Media
- Bath Rooms: 2
3 BR Beds
3 BR Beds
940 Sq.Ft. . Apartment
Coming
Soon
- Interior Size: 940 Sq.Ft.
- Bed Room: 3 BR
- Bath Rooms: 2
3 BR + Den Beds
3 BR + Den Beds
1,045 Sq.Ft.. Apartment
Coming
Soon
- Interior Size: 1,045 Sq.Ft.
- Bed Room: 3 BR + Den
- Bath Rooms: 2
Olive Residences - Amenities
Olive Residences is a recent condo development in the Willowdale East region. It has a wide range of condominiums for prospective buyers. These condos provide plenty of amenities. Some of the amenities are listed below:
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Fitness Centre
undefinedMeeting Room
undefinedYogaStudio
undefinedSocial Lounge
undefined24 Hour Concierge Service
undefinedOutdoor Terrace
undefinedKids Room
undefinedPrivate Catering Kitchen
undefinedCollab Space
undefinedBocce Court
undefinedVirtual Sports Room
undefinedHerb Garden
undefinedWillowdale East Neighbourhood Overview
Willowdale East in North York, Toronto, is a lively neighbourhood known for its mix of upscale homes, condos, and bungalows. It’s popular with families due to the many parks, schools, and community spaces. Willowdale Park and Burnett Park are local favourites, offering green spaces for outdoor activities. The area also has easy access to excellent schools, such as Earl Haig Secondary School.
The neighbourhood is well-connected, with Sheppard-Yonge subway station and Highway 401 nearby, making it convenient for commuters. Residents have easy access to shopping, with plenty of stores along Yonge Street and the nearby Bayview Village Shopping Centre. While Willowdale East is calm and quiet, it’s still close enough to downtown Toronto for those looking for more lively nightlife.
Willowdale East is ranked 159th among Toronto's neighbourhoods and has a 78 out of 100 livability score. Here are some of the parameters on which this score was given to the neighbourhood:
|
Livability |
78 |
|---|---|
|
Amenities |
A+ |
| Commute | A+ |
| Cost of Living | F |
| Crime | B |
| Employment | B- |
| Housing | A+ |
| Health | D- |
| Schools | A+ |
Willowdale East is considered a relatively safe neighbourhood in Toronto, with crime rates 32% lower than the national average. Violent crimes are also significantly lower, 30% below the national average. Residents face a 1 in 36 chance of becoming a victim of crime, making it a safer option than nearly half of the cities in Ontario. Additionally, crime in the broader Toronto area has seen a positive trend, decreasing by 15% year-over-year. These figures suggest that while Willowdale East does experience some crime, the rates are moderate compared to national and citywide levels, making it a reasonably safe place to live.
| Index | Willowdale East/100k people | Toronto/100k people | Ontario/100k people | National/100k people |
| Total crime | 2,851 (estimate) | 2,915 | 3,086 | 4,223 |
| Violent crime | 732 (estimate) | 748 | 792 | 1,042 |
| Property crime | 2,119 (estimate) | 2,167 | 2,294 | 3,181 |
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Olive Residences - Developer
Capital Developments is the developer of the upscale condominium complex The Olive Residences. The developers of this condominium are known for delivering exceptional projects such as Azura, E2 Condos, and 88 Isabella in the past. They have delivered projects spanning 13 million+ sq. ft. and have built a quality relationship with the customers. These projects are renowned across Toronto for their stunning architectural design. Their strong portfolio has helped them create many high-end projects in some strategically important areas of Toronto, Ontario. Founded in 2007, they’ve established themselves as one of the most trusted developers in Canada.
- 16+ YEARS OF BUILDING TRUST
- 100% CUSTOMER SATISFACTION
- PROJECTS COMPLETED: 25+
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Olive Residences - Project Structure
Olive Residences has many schools, malls, parks, and many other important avenues nearby. Additionally, it offers world-class amenities to the residents, thus seeing a surge in its market value. This condominium development is surely an attractive investment in York, Canada.
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| Unit Stories | : 29 Storeys 350 Units |
| Construction Status | : Pre-Construction |
| Architect | : IBI Group |
| Builder | : Capital Developments |
| Price | : From $853,900 |
| Est. Completion | : Fall 2025 |
Location Population Growth & Immigrants
The overall growth of this locality depends on many factors. These are employment growth, population growth, and the cost of living. You can get an overview of this region by cross-checking all these factors.
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- Population Growth
- Canadian Immigrants
- Avg. Cost of Living
- Employee Growth
Willowdale East has 61,305 residents with a median age of 37 years. In the household composition, 45% of families have kids. About 60.8% of the properties in this region are owner-occupied. 86.1% of its population speak English, whereas 0.1% prefer French as their first language. The average income of a household is $75,425 per year, with a 5.1% unemployment rate.
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Willowdale East has a large population, with around 61,305 people residing in this neighbourhood. Its immigrant population consists of people from different backgrounds, 34.6% of its population is Chinese, 13.6% of the immigrant population is West Asian, 10.4% are Korean, 7.6% of the population is South Asian, and 2.8% are Arab.
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The cost of living in Willowdale East is 117, compared to 114 in Toronto. It is 17% higher than the national average and 8% higher than Toronto’s average. Housing in Willowdale East is 36% higher than the national average.
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Willowdale East's median household income is 9% less than the national average. The unemployment rate in this area is around 21% lower than the national average.
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Olive Residences - FAQs
How can I download a brochure for Olive Residences ?
You can get access to the official brochure of Olive Residences by visiting its website. After downloading it, you will get all the relevant information about this project.
Where are the Olive Residences located ?
Olive Residences is located at 31 Finch Ave. E., North York, ON.
Which developer has built Olive Residences ?
Capital Developments has developed Olive Residences.
If I live here, what comfort can I look forward to ?
Olive Residences is one such condo development that provides many amenities to its residents. This project guarantees top-notch facilities and gives a comfortable living experience to the residents.
When will Olive Residences be completed ?
Olive Residences will be ready for occupancy by fall 2025.
What is the postal code of Olive Residences ?
The postal code of Olive Residences is M2N 4P9.
