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    Toronto / North York / Willowdale

    2507 - 22 Olive Ave

    For SalePrincess Place III
    $499,000
    1 Bed
    1 Bath
    1 Parking
    552 SQFT
    19 Days on Strata
    Est Sell Timeframe
    10 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $505/mth
    Taxes:
    $1,953 (2024)
    Cost Per Sqft:
    $904/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    30/60
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining
    47.44 x 33.79ft
    Dining
    Combined with Living
    47.44 x 33.79ft
    Kitchen
    Backsplash
    26.15 x 26.15ft

    About this Listing

    In The Heart Of North York At Yonge & Finch. Transit Score 100. 3Mins To Finch T.T.C Subway. Mins To Shopping At North York Centre Mall, Maxome Park, Schools & Hwy 401&404 And All Amenities On Yonge St. Great Opportunity To Own A Unit In Princess Place 3, Spacious One Bedroom Condo, Exposure To The East, Very Bright One Bedroom. Affordable Living In A Luxurious Building With 24 Hour Gatehouse Security And State Of The Art Facilities. Owned Parking & Locker.

    re/max realtron realty inc.MLS® #C11972839

    Amenities

    Visitor Parking
    Rec Room
    Gym Room
    Games Room
    Concierge
    Guest Suites

    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 Listings

    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%

    Price Trends

    Maintenance Fees

    Princess Place III vs The Willowdale Area

    Building Trends At Princess Place III

    Days on Strata

    Units at Princess Place III spend an average of
    41
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Willowdale

    Turnover of Units

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

    Property Value

    -13%
    Decrease in property value within the past twelve months

    Price Ranking

    23rd
    Highest price per SQFT out of 119 condos in the Willowdale area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    35
    Units were Rented over the past twelve months

    Best Value Rank

    Princess Place III offers the
    ?
    best value out of 119 condos in the Willowdale neighbourhood

    Appreciation Rank

    Princess Place III has the
    ?
    highest ROI out of 119 condos in the Willowdale neighbourhood

    Rental Yield

    Princess Place III yields the
    ?
    highest rent prices out of 119 condos in the Willowdale neighbourhood

    High Demand

    Princess Place III is the
    ?
    most popular building out of 119 condos in the Willowdale neighbourhood

    Transaction Insights at 22 Olive Avenue

    Studio1 Bed1 Bed + Den2 Bed
    Price RangeNo Data$505,000 - $562,000$570,000 - $576,000No Data
    Avg. Cost Per SqftNo Data$942$878No Data
    Avg. Wait for Unit AvailabilityNo Data41 Days86 Days118 Days
    Ratio of Units in Building1%63%21%17%

    Transactions vs Inventory

    Total number of units listed and sold in Willowdale