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$50,000 off 3 beds/lock offs plans, $35,000 off 2 beds, 5% off 1 beds,15% Deposit (all units) $2500 Assignment Fee (all units) (Q3-2023)
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Discover Elmwood, a fantastic 38-story mixed-use tower crafted by Marcon Developments. Nestled at the charming northwest corner of Como Lake Avenue and Clarke Road, Elmwood offers a vibrant blend of living and commercial spaces. Picture a bustling commercial podium with four ground-floor retail units and three levels of office space, creating a dynamic atmosphere. The tower houses over 300 inviting condominiums, ranging from cozy studios to spacious three-bedroom homes. From 390 sqft Jr. 1 bed homes to a 1,470 sqft 4 bedroom home, and our 3 bedroom plan with a lockoff suite, Elmwood is certain to have a home for your family.
Plus, residents can bask in the comfort of over 17,000 sq ft of indoor and outdoor amenities, making Elmwood the perfect place to call home. Don't miss out on this exciting opportunity!
Integrated storage, laundry, appliances and TV credenza prepped for easy TV installation
Concealed upper cabinetry along full length of the home
24" appliance package
Single-basin stainless steel undermount sink
Side-by-side Samsung compact ventless washer/dryer (in most homes)
LatchOS suite entries
Cat 6 and TV backing in principal bedrooms
At Elmwood, the amenities are seamlessly integrated from the ground floor to the 38th level, creating an engaging experience for residents that spans from the landscape to the skyline.
On Level 6, the bespoke Park Club provides an intimate, boutique-style fitness experience akin to a private gym, complemented by a sauna and private storage lockers. Expansive windows and sliding glass doors open onto an outdoor terrace, offering residents a space to practice putting.
Elmwood's Civic Plaza, spanning over 17,000 square feet, extends nearly a full city block. This plaza is a neighborhood landmark, featuring a continuous system of gardens, seat wall edges, and inviting outdoor areas.
The flower gardens and relaxation zones, designed by Hapa, provide year-round visual interest with changing leaves and flowers, creating a vibrant and dynamic community space.
To secure your home at Elmwood, the deposit structure is 15% total - consisting of an initial deposit of $10,000 upon execution of the offer plus 5% within 7 days. The second deposit of 5% is due January 31, 2024. The final deposit of 5% is due 730 days after your second deposit. $2,500 assignment fee. When the home is complete, ready for move-in, the remaining balance must be paid in full. This payment can be made directly or financed, similar to a traditional home purchase. This approach ensures that residents can secure their homes with an initial deposit and manage the final payment when their new home is ready for occupancy.
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