Location:North York
Builder:Elad Canada Inc
Intersection:Don Mills Road & Sheppard Avenue East
Tenantive occupancy:20 October, 2020
Maintenance fees:$0.54/sq ft
Deposit:Special Deposit Structure (20% total):
$5,000 with signing of agreement
Balance of 5% in 30 days
5% in 120 days
5% in 370 days
5% on Interim Occupancy

International Deposit Structure (30% total):
$5,000 with signing of agreement
Balance of 5% in 30 days
5% in 90 days
10% in 270 days
10% in 540 days
5% on Interim Occupancy

Price:Starting at $337,900
  • 1 Bdrm / 1 Bdrm + Den Suites:  $4,000 off the Purchase Price*
  • 1 Bdrm + Flex Suites:  $4,000 off the Purchase Price* + Free Flex Sliding Glass Door ** (Value Approx. $2,000)
  • 2 Bdrm / 2 Bdrm + Den / 2 Bdrm + Media / 3 Bdrm / 3 Bdrm + Media Suites: $8,000 off the Purchase Price *
  • $0 Assignment Fee (Reduced from $5,000***)
  • Development Charges & Levies Capped at: 
    • $6,000 1B/1B+D/1B+Flex
    • $8,500 2B/2B+D/2B+M/3B/3B+M
    • Permission to have non-purchaser occupant during occupancy


*Reduction in price will occur at time of sale

**Flex Sliding door (optional) where offered on plan will be included with builder amendment.  There is no cash value or substitutions

***On the first assignment for qualifying assignee subject to vendor’s conditions for assignments being met.



Elad Canada is back with a bang as they have just introduced their new project named as The Point Emerald City Condos. This brilliant and new pre-construction condo development is located at Don Mills and Sheppard E in Toronto.


With North York Civic Center in close proximity, The Point Emerald City Condos is being built at a prime location. The Point Emerald City Condos are just steps to TTC and Don Mills subway and have easy access to the Highway 401 and 404 which makes them more approachable and convenient to travel around the city. Fairview Mall is also located near The Point Emerald City Condo  offers its prospective residents their own personal shopping mall. The North York General Hospital and Sheppard Subway Station are also a short distance away.


This preconstruction condo development near Seneca College presents an amazing investment opportunity to investors because their prices are expected to rise in the future due to the rapid and continuous developments in the area. Moreover, students at Seneca College are also likely to rent these condos in the future which makes them a potentially lucrative investment.

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