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    Princess Place III

    22 Olive Avenue

    0for Sale
    6for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    26
    Number of Units:
    289
    Condo Completion:
    2004
    Condo Demand:
    Medium
    Unit Size Range:
    326 - 1,100 SQFT
    Unit Availability:
    Low

    Listing History for Princess Place III

    Amenities

    Rec Room
    Guest Suites
    Party Room
    Gym Room
    Security System
    Visitor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 22 Olive AvenuePrincess Place III

    Anyone who’s seeking a Toronto condo for sale should consider Princess Place III at 22 Olive Avenue. Pemberton Group completed this building back in 2004, but unlike other buildings of that age, maintenance fees are higher than average at $0.78 per-square-foot. The 26-storey building is home to 289 suites with units ranging between 326 and 1100 square feet.

    This condo has an above average Walk Score of 94 and an average demand ranking, based on Strata.ca stats. Maintenance fees are $0.78 per-square-foot, which is lower than the neighbourhood average of $0.80 per-square-foot.

    The Suites

    The average cost per-square-foot for a unit at 22 Olive Avenue is $946, based on the past 12 months of sales, and these suites have a medium probability of receiving multiple offers.

    Units at Princess Place III spend 17 days on the market on average and usually sell for -2.35% below the listing price. In the last 12 months, 33 units have rented, and 5 have sold.

    The Neighbourhood

    This is an excellent location for those who love to dine out, with great restaurants close by such as Potato Noodle Soup of Bai, Northwestern Chinese Cuisine and Pizza Nova. Get your caffeine jolt in the morning at nearby Tim Hortons, Café Princess and Hi Art School Toronto.

    There are a number of grocery stores within a short drive, including Metro, H Mart North York and Food Basics.

    Princess Place III is a great choice for residents who are money conscious — with banks like BMO Bank of Montreal and CIBC Business Contact Centre nearby.

    This condo is also situated within minutes of green spaces like Olive Square Park, Olive Square and Finch Parkette.

    Those who love to shop will appreciate all the options nearby with Collaboht Branding, Yonge Connaught Plaza and Whohou Marketplace just 3 minutes from here.

    If you’re tired of the usual neighbourhood attractions, then perhaps having GallerySunami, Gibson House Museum and Irena Art Gallery less than a 3-minute drive away will give you a lift. Cineplex Cinemas Empress Walk is just a short drive away for movie nights.

    There are plenty of nearby school choices — McKee Public School, Churchill Public School and Yorkview Public School — with more in neighbouring areas so you can find the best school for your child’s needs. This location is a great choice for families who are seeking top-notch educational institutions like Jonas High School, Horizons Secondary School and Avondale Secondary Alternative School.

    Transportation

    For transit users, the nearest light transit stop is Finch Ave East At Yonge St East Side and is about a 0 minutes walk away. Finch Station station is only 0 minutes walking distance from the building.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 26 Olive Avenue, 20 Olive Avenue and 28 Olive Avenue.

    0

    Listings For Sale

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    6

    Listings For Rent

    Interested in receiving new listings for rent?

    Nearby Amenities

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    32,007
    Average Individual Income
    $57,784
    Average Household Size
    3 persons
    Average Age
    54
    Average Household Income
    $98,978
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    38%
    High Rise Apartment
    21%
    Semi Detached
    20%
    Low Rise Apartment
    10%
    Duplex
    8%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    51%
    Cantonese
    18%
    Mandarin
    13%
    Other
    11%
    Tamil
    3%
    Tagalog
    2%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    29%
    High School
    28%
    None
    19%
    College
    16%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    19%
    Health & Related Fields
    13%
    Social Sciences
    10%
    Math & Computer Sciences
    7%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%

    Days on Strata

    Units at Princess Place III spend an average of
    17
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.7
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    29th
    Highest price per SQFT out of 111 condos in the Willowdale area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    33
    Units were Rented over the past twelve months

    Best Value Rank

    Princess Place III offers the
    ?
    best value out of 111 condos in the Willowdale neighbourhood

    Appreciation Rank

    Princess Place III has the
    ?
    highest ROI out of 111 condos in the Willowdale neighbourhood

    Rental Yield

    Princess Place III yields the
    ?
    highest rent prices out of 111 condos in the Willowdale neighbourhood

    High Demand

    Princess Place III is the
    ?
    most popular building out of 111 condos in the Willowdale neighbourhood

    Transaction Insights at 22 Olive Avenue

    Studio1 Bed1 Bed + Den2 Bed
    Price RangeNo Data$530,000 - $610,000$650,000No Data
    Avg. Cost Per SqftNo Data$894$989No Data
    Avg. Wait for Unit AvailabilityNo Data39 Days74 Days110 Days
    Ratio of Units in Building1%63%21%17%

    Maintenance Fees

    Princess Place III vs The Willowdale Area

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