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    28 Olive Avenue

    Princess Place II Condos
    1for Sale
    3for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    16
    Number of Units:
    176
    Condo Completion:
    2003
    Condo Demand:
    Medium
    Unit Size Range:
    301 - 850 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Princess Place II Condos

    Receive listing updates for Willowdale

    Amenities

    Security System
    Guest Suites
    Visitor Parking
    Games Room
    Indoor Parking
    Gym Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 28 Olive AvenuePrincess Place II Condos

    Anyone who’s seeking a Toronto condo for sale should consider Princess Place II Condos at 28 Olive Avenue. Pemberton Group completed this building back in 2003, but unlike other buildings of that age, maintenance fees are higher than average at $0.83 per-square-foot. The 16-storey building is home to 176 suites with units ranging between 301 and 850 square feet.

    This condo is very conveniently located, with a well above average Walk Score of 94 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees are $0.83 per-square-foot, which is higher than the neighbourhood average of $0.81 per-square-foot.

    The Suites

    On average, units at 28 Olive Avenue sell 2.72% above the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $808 and units sell with 28 days on market on average. Over the past 12 months, 5 have sold and 26 have have been rented here.

    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. Want a freshly brewed coffee without stepping foot on a bus or jumping in the car? Then you’ll be pleased to know that Tim Hortons, Hi Art School Toronto and (Korean Cafe) Bene 32 are both walkable.

    Grocery shopping is never a chore with stores such as Metro, H Mart North York and Food Basics in the area.

    Residents here can stop by BMO Bank of Montreal and CIBC Business Contact Centre on their way home from work, so they can take care of their financial needs.

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

    Like to shop? Everything you need is close by when you live at 28 Olive Avenue, including Collaboht Branding, Yonge Connaught Plaza and Whohou Marketplace which are only 3 away.

    When the weekend rolls around, GallerySunami, Gibson House Museum and Irena Art Gallery are within a short 3-minute drive away. Cineplex Cinemas Empress Walk is just a short drive away for movie nights.

    Princess Place II Condos is a short drive away from McKee Public School, Churchill Public School and Yorkview Public School, giving you plenty of choice for your child’s education. This location is a great choice for families who are seeking top-notch educational institutions like Jonas High School, Horizons Secondary School and Fun with Langugaes Kids Learning Program.

    Transportation

    If you commute by public transit then the Willowdale neighbourhood is a great choice, as you’ll find the Finch Ave East At Yonge St light transit stop makes it easy to get around. Those in the area live roughly 0 minutes walk distance from Finch Station, making it easy to get around.

    Curious about similar condos in the area? Check out 1 Pemberton Avenue, 26 Olive Avenue and 20 Olive Avenue — all within walking distance.

    Princess Place II Condos Reviews

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    Explore Neighbourhood

    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!'

    Similar condos

    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
    0 - 14
    12%
    15 - 19
    2%
    20 - 34
    20%
    35 - 49
    17%
    50 - 64
    22%
    65+
    23%
    Household Income
    $0 - $30,000
    52%
    $30,000+
    26%
    $60,000+
    12%
    $90,000+
    6%
    $125,000+
    2%
    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%

    Maintenance Fees

    Princess Place II Condos vs The Willowdale Area

    Days on Strata

    Units at Princess Place II Condos spend an average of
    28
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Willowdale

    Turnover of Units

    On average, each unit is owned for
    5
    YEARS before being sold again

    Property Value

    -11%
    Decrease in property value within the past twelve months

    Price Ranking

    51st
    Highest price per SQFT out of 109 condos in the Willowdale area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    27
    Units were Rented over the past twelve months

    Best Value Rank

    Princess Place II Condos offers the
    ?
    best value out of 109 condos in the Willowdale neighbourhood

    Appreciation Rank

    Princess Place II Condos has the
    ?
    highest ROI out of 109 condos in the Willowdale neighbourhood

    Rental Yield

    Princess Place II Condos yields the
    ?
    highest rent prices out of 109 condos in the Willowdale neighbourhood

    High Demand

    Princess Place II Condos is the
    ?
    most popular building out of 109 condos in the Willowdale neighbourhood

    Transaction Insights at 28 Olive Avenue

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$540,000 - $581,000$540,000 - $568,000No DataNo Data
    Avg. Cost Per SqftNo Data$910$749No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data65 Days195 Days369 Days2516 Days
    Ratio of Units in Building2%60%26%12%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Willowdale