28 Olive Avenue
Building Details
Listing History for Princess Place II Condos
Amenities
Maintenance Fees
About 28 Olive Avenue — Princess 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.
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At Princess Place II Condos
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 28 Olive Avenue
Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
---|---|---|---|---|---|
Price Range | No Data | $540,000 - $581,000 | $540,000 - $568,000 | No Data | No Data |
Avg. Cost Per Sqft | No Data | $910 | $749 | No Data | No Data |
Price Range | $2,500 | $2,300 - $2,700 | $2,470 - $2,700 | $2,850 - $2,900 | No Data |
Avg. Wait for Unit Availability | No Data | 65 Days | 195 Days | 369 Days | 2516 Days |
Avg. Wait for Unit Availability | 1315 Days | 22 Days | 78 Days | 98 Days | No Data |
Ratio of Units in Building | 2% | 60% | 26% | 12% | 1% |
Unit Sales vs Inventory
Total number of units listed and sold in Willowdale