Olive Residences | North York

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Olive Residence is a brand new contemporary condominium development coming soon to 38 Olive Ave, North York close to the Yonge Street/Finch Avenue East intersection. This new project, now in pre-construction phase, is by Capital Developments.


Project: Olive Residences | North York
Price: TBA
Completion: 2025
Storey: 29
Units: 350
Developer: Capital Developments
Address: 38 Olive Ave, Toronto, ON M2N 4P9

Olive Residences | North York

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Olive Residences will rise to 29 storeys and house 350 units. Units will include studios, 1-bedroom, 1-bedroom + den; 2-bedroom and 3-bedroom plans. The development will also comprise 124 vehicle parking spots in a 3-level underground garage as well 271 bicycle spots. 

Occupancy is anticipated for 2025 while VIP Launch is slated for fall 2022.

Olive Residences Highlights

  • Located in the flourishing Willowdale neighbourhood in North York
  • Has a Walk Score of 80/100, Transit Score of 100/100 and Bike Score of 61/100
  • Close to Highway 401
  • 2-minute walk to Yonge/Finch transit centre
  • Within a 6-minute drive of Bayview Village Shopping Centre
  • 17-minutes to Don Mills
  • Surrounded by great shopping, dining and entertainment options
  • Close to schools
  • Close to parks incuding G Ross Lord Park and Newtonbrook Park.


Olive Residences will feature many great amenities that will include a party room, fitness center, yoga studio, golf simulator, outdoor terrace, outdoor fire pit, barbeque station, outdoor bar, outdoor eating area, children’s play area and a dog wash station. 

Transit Options

Olive Residences is located at a place that offers residents quick access to world-class transportation options hence getting around is a breeze.

It is merely steps to the Finch Transit hub where TTC bus plus subway routes can be conveniently accessed.

Commuters will also have easy access to GO Transit, YRT & local VIVAs, as well as many additional regional bus routes.

Commuters can get to the Union Station within 40 minutes’ subway ride. Motorists can easily access the nearby Highway 401. It takes under 30 minutes to drive into downtown Toronto when linking with the DVP (Don Valley Parkway). 

Location and Neighbourhood

Olive Residences is located in Willowdale neighbourhood in North York, which is a very family-friendly and highly coveted neighbourhood. The area is nestled between Downtown Toronto and Vaughan.


This community offers many benefits to its residents. The development is just walking distance to the vibrant Yonge Street/Finch Avenue East intersection.

Future residents will be just steps to an array of shopping, dining and entertainment options on Yonge Street, which features some of Toronto’s best lifestyle amenities plus day-to-day necessities.

They will also be in close proximity to retail shops, shopping centres and major big box stores. 

Olive Residences sits within a 6-minute drive of the Bayview Village Shopping Centre, a luxury shopping area.  It features 110-plus upscale shops, famous restaurants and name-brand merchants.

Additionally, Don Mills with CF Shops is located 17 minutes away.

This is a major outdoor shopping centre that features many retail stores, supermarkets, and homeware stores, medical services, Cineplex Cinemas and eateries which cater to nightlife as well as entertainment.  

The Willowdale neighbourhood boasts ultramodern indoor plus outdoor recreational facilities, golf courses and lush green parks.  Some of the parks in the neighbourhood include G Ross Lord Park and Newtonbrook Park. 

The area is also home to great elementary schools including Allenby Junior Public School and senior schools such as Northern Secondary School as well as North Toronto Collegiate Institute which are close to Olive Residences. 

About the developer

The Toronto-based Capital Developments is a reputable real estate firm founded in 2008. This award-winning agency is rooted in the international community mainly in Central and Eastern Europe. The firm totally redefined the region’s architecture and commercial culture.