When did the first tenants move into Olive Residences?

The builder's first move-in date for Olive Residences is Nov 2025. If your unit was first lived in after November 15, 2018, Ontario's rent cap does not apply to it.

Who built Olive Residences?

Capital Developments built Olive Residences at 36 Olive Avenue, Toronto.

Can I find a unit at Olive Residences on this site?

Nothing is listed at Olive Residences right now. Ask about availability and Alex Karczewski, Broker at New World 2000 Realty Inc., will check what is coming up and get back to you.

Where is Olive Residences located?

Olive Residences is at 36 Olive Avenue in the Willowdale neighbourhood of North York, Ontario. It sits just off Yonge Street, steps from Finch subway station.

The condominium is developed by Capital Developments, a Toronto-based builder active across the Greater Toronto Area.

What home types and sizes are available?

Olive Residences is a 29-storey condominium with 360 suites. Homes range from roughly 718 to 1,180 square feet. Specific floor plans and bedroom layouts are confirmed by the builder.

Newly completed Nov 2025Condo

Olive Residences

36 Olive Avenue, Willowdale, Toronto

Not rent controlled

Your rent at Olive Residences is not capped. The building's first tenants moved in Nov 2025, after November 15, 2018, so Ontario's annual rent increase guideline does not apply. Your landlord can raise the rent by any amount once every 12 months, with 90 days' written notice.

First occupancyNov 2025

Storeys29

Units360

Suite sizes718–1,180 sq ft

DeveloperCapital Developments

Ask about availability

Suite mix

The suites

Junior 1-bedroom to 3-bedroom condo suites, plus three-bedroom townhomes

Suite types as the developer described them. Each landlord sets their own rent; rents are not on this site yet.

The building

Olive Residences is a 29-storey condominium of 360 suites from Capital Developments, rising in the Willowdale neighbourhood of North York.

Amenities

Daily needs are exceptionally close at hand. H Mart is about a 2-minute walk for groceries, and FutureSkills High School sits just around the corner, a convenience for families. Willowdale, centred on Yonge Street north of Sheppard, is one of North York's most established and walkable neighbourhoods, packed with restaurants, shops, supermarkets and the cultural amenities clustered around the North York Centre. It offers a dense, urban feel uncommon outside the downtown core.

Rent control

Your rent here is not capped

The rule: Ontario's annual rent increase guideline (2.5% for 2026) does not apply to a unit first lived in after November 15, 2018 (Residential Tenancies Act, s. 6.1). In every building, your landlord must give you 90 days' written notice on the official form and can raise the rent at most once every 12 months. The date that counts is your unit's, so ask the landlord to confirm it before you sign.

Short answer

Getting around

Transit is the defining advantage here. Finch station, the northern terminus of the Line 1 Yonge-University subway, is about a 2-minute walk from the building, with North York Centre station also nearby for a direct ride downtown. The adjacent Finch bus terminal and the Line 5 connections to the south broaden the reach further. For drivers, Highway 401 lies a short distance south, linking into the regional highway network.

Who built it

Capital Developments

Capital Developments is a Toronto-based builder with a portfolio of high-rise residential projects in prominent transit-served locations across the city. The company is known for towers in established urban nodes, and Olive Residences continues that focus on dense, subway-connected development in North York.

Questions

Can my rent at Olive Residences go up by any amount?: Your rent at Olive Residences is not capped. The building's first tenants moved in Nov 2025, after November 15, 2018, so Ontario's annual rent increase guideline does not apply. Your landlord can raise the rent by any amount once every 12 months, with 90 days' written notice.
When did the first tenants move into Olive Residences?: The builder's first move-in date for Olive Residences is Nov 2025. If your unit was first lived in after November 15, 2018, Ontario's rent cap does not apply to it.
Who built Olive Residences?: Capital Developments built Olive Residences at 36 Olive Avenue, Toronto.
Can I find a unit at Olive Residences on this site?: Nothing is listed at Olive Residences right now. Ask about availability and Alex Karczewski, Broker at New World 2000 Realty Inc., will check what is coming up and get back to you.
Where is Olive Residences located?: Olive Residences is at 36 Olive Avenue in the Willowdale neighbourhood of North York, Ontario. It sits just off Yonge Street, steps from Finch subway station.
Who is the builder?: The condominium is developed by Capital Developments, a Toronto-based builder active across the Greater Toronto Area.
What home types and sizes are available?: Olive Residences is a 29-storey condominium with 360 suites. Homes range from roughly 718 to 1,180 square feet. Specific floor plans and bedroom layouts are confirmed by the builder.