Elektra Condos
by Menkes Developments Ltd.
Description
Rising in the heart of the city, Elektra by Menkes is a striking new condominium that places you that the center of the action. A community awash with exceptional freedoms and experiences available only to those who live in the core. Everything Toronto begins here, providing a truly electric lifestyle located conveniently close to work and surrounded by phenomenal shopping, extraordinary dining, and boundless entertainment opportunities. A brilliant addition to the Toronto skyline, Elektra is right at home in the prolific downtown core neighborhood. Preserving the heritage building at its base, the vibrant tower blends the traditional with the contemporary—honoring and elevating the dynamic of the East Core.
Amenities
- Garden Plots
- Kids Zone
- Outdoor Terrace
- Yoga Studio
- Fireplace Lounge
- Co Working Lounge
- Party Room Lounge Area
- Gaming Lounge
- Bar Lounge
- Fitness Studio
- Sound Studio
- Garden Cafe
- Fireplace Terrace
- Laundry Room
- Storage Room
- Dining Area
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Additional Details
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- Development Status
- Pre Construction
-
- Beds
- 0 - 3
-
- Baths
- 1 - 2
-
- Size Range
- 375 - 909 sq ft
-
- Price Range
$ 593,990 -$ 1,270,990
-
- Average Price Per SqFt
- $1,545
-
- Floors
- 48
-
- Units
- 522
-
- Address
- 218 Dundas Street East, Toronto, Ontario M5A 1Z6
-
- Selling Status
- Selling Now
-
- Sales Started
- 2022
-
- Maintenance Fee
- $0.72
-
- Parking Maintenance Fee
- $0
-
- Storage Cost
- $0
-
- completion Date
- TBD
-
- Construction Started
- TBD
-
- Estimated Completion
- Fall 2028
-
- First Occupancy Date
- TBD
-
- Metering
- Hydro, Water, Heating/Cooling metered separately
Architects
Giannone Petricone Associates Inc.
Interior Designers
Patton Design Studio
Payment Structure
$593,990-$1,270,990
$593,990
$120,000
15%
Deposit structure
- $10000 Bank Draft on Signing
- Balance of 5% in 30 Days
- 2.5% in 90 Days
- 2.5% in 180 Days
- 2.5% in 540 Days (1.5 Years)
- 2.5% in 900 Days (Approx. 2.5 Years)
- 5% on Occupancy
Completion
Fall 2028
Development Levies
TBD
Development Status
Pre Construction
Sales Status
Selling Now
Incentives
SPECIAL INCENTIVE PROGRAM ⚫ 2 Year Rental Guarantee Program At 5% of the Purchase Price ⚫ Capped Development Charges ○ 1 Bed + Den & Smaller: $13,000 + HST ○ 2 Bed & Larger: $18,000 + HST ⚫ Free Assignment ⚫ Free Vertical Blinds ⚫ Bulk High-Speed Internet: $25 + HST/ month Date: Jan 1, 2025
Location
218 Dundas Street East, Toronto, Ontario M5A 1Z6
