Overview

Elektra Condos is a new pre-construction condominium development by Menkes Developments Ltd., located at 218 Dundas Street East in Toronto. This spectacular new condominium is set to rise in the heart of the city, offering residents a vibrant and dynamic urban living experience.

  • 48 Storeys | 500 Suites
  • Studio - 3 Bedrooms
  • 378 - 909 Sq Ft
  • 1,379

Project Overview

  • Architect: Giannone Petricone Associates Inc.
  • Building Type: Condominium
  • Ownership: Condominium
  • Building Status: Pre-construction
  • Selling Status: Promotional
  • Storeys: 48
  • Suites: 500
  • Suite Type: Studio – 3
  • Suite Size: 378 – 909
  • Launch: 2022
  • Builder(s): Menkes Developments Ltd
  • Architect(s): Giannone Petricone Architects
  • Interior Designer(s): Patton Design Studio

    • Deposit Structure

    10,000 on Signing
    5% in 30 days
    2.5% in 90 days
    2.5% in 180 days
    2.5% in 540 days
    2.5% in 900 days
    5% on Occupancy

    International Deposit Structure

    $10K Bankdraft 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

    Current Incentives

    New Release of Heritage Collection Incentives

    • Extended 15% deposit before occupancy
    • 2 Years Rental Guarantee at *5%* of purchase price
    • Capped Development Levies
      • 1B+Den & Smaller: $13,000 + HST
      • 2B & Larger: $18,000 + HST
    • Right to Lease Upon Occupancy
    • Free Assignment
    • Free Vertical Blinds

    Building Amenities

    • Porte Cochère
    • 24-hr Concierge
    • Social Spaces
    • Sound Studio
    • Gaming Hub
    • Garden Café
    • Outdoor Terrace
    • Co-work Lounge
    • Party Lounge
    • Theatre
    • Kids Zone
    • Fitness Studio
    • Yoga Studio
    • Fireplace Terrace

    Pricing & Fees

    • Price: $620,990 – $1,264,990
    • Cost of Parking: $120,000
    • Cost of EV Parking: $137,000
    • Parking Availability: 3Bs ONLY; Others will be on waitlist
    • Cost of Locker: Waitlist
    • Maintenance Fee: $0.72/SF
    • Notes: Hydro, Water, Heating/Cooling metered separately
    • Lawyer: DENTONS CANADA LLP IN TRUST

Features and Finishes

  • Prime Downtown Location: Situated at 218 Dundas Street East, Elektra Condos places residents in the heart of Toronto, providing unparalleled access to the city’s best amenities, including world-class shopping, dining, entertainment, and cultural attractions.
  • Reputable Developer: Developed by Menkes Developments Ltd., known for their commitment to quality construction and innovative designs, ensuring that Elektra Condos will be built to the highest standards with meticulous attention to detail.
  • Vibrant Urban Living: Elektra Condos offers a dynamic urban lifestyle, allowing residents to immerse themselves in everything that makes Toronto so alive and distinct. The development provides the unique freedom and experiences that come with living in the core of the city.
  • Modern Luxury: The condos feature contemporary designs with spacious layouts, high-end finishes, and state-of-the-art amenities, providing a luxurious and comfortable living experience for residents.
  • Community Atmosphere: The development aims to foster a vibrant community atmosphere with thoughtfully designed shared spaces that encourage social interaction and a strong sense of neighborhood.
  • Excellent Transit Connectivity: The location offers exceptional connectivity to public transit options, including nearby TTC subway stations and bus routes, making commuting throughout Toronto convenient and efficient. Proximity to major roads also ensures easy access to other parts of the city.
  • Proximity to Employment Hubs: Living in the core of the city provides residents with close proximity to major employment hubs, making it an ideal choice for professionals who work in downtown Toronto.
  • Limitless Entertainment Options: Residents will be surrounded by amazing shopping, extraordinary food, and limitless entertainment options, ensuring that there is always something exciting to do.
  • Investment Potential: Toronto’s real estate market continues to grow, and investing in Elektra Condos offers potential for significant appreciation and a solid return on investment.
  • Quality Amenities: Elektra Condos will feature a range of modern amenities designed to enhance urban living, ensuring comfort and convenience for all residents.

WalkScore

Elektra Condos logo
Elektra Condos
  • 218, Dundas Street East, Toronto, Ontario, M5A 1Z6, Canada
  • Prices Starting From $620,990's

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