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    Toronto / North York / Willowdale

    1505 - 28 Olive Ave

    For SalePrincess Place II Condos
    $525,000
    Price Increase: $499,000
    1 Bed
    1 Bath
    1 Parking
    525 SQFT
    17 Days on Strata
    Est Sell Timeframe
    27 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $523/mth
    Taxes:
    $1,810 (2024)
    Cost Per Sqft:
    $1,000/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    January 2, 2025
    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
    Other
    Heating
    Forced Air

    Room Dimensions

    Living
    Vinyl Floor, Combined with Dining
    16.08 x 8.86ft
    Dining
    Vinyl Floor, Combined with Living
    6.56 x 5.77ft
    Kitchen
    Vinyl Floor, Quartz Counter, Ceramic Back Splash
    7.97 x 7.48ft

    About this Listing

    Welcome to 28 Olive Ave, Unit 1505, This bright and inviting one-bedroom, one-bathroom condo offers a sun-filled living space and bedroom with an unobstructed south view. Complete with 1 parking spot and 1 locker, this unit has been freshly painted and features an upgraded kitchen and bathroom. Enjoy the convenience of brand-new stainless steel kitchen appliances. It is just steps from Earl Haig Secondary School, McKee School, Finch Subway Station, GO Station, VIVA, and YRT. You'll also find grocery stores, restaurants, and other amenities easily accessible. The maintenance fee covers water, hydro, central air conditioning, and heating, making this a worry-free home for comfortable living.

    ExtrasIn-suite stacked Washer/Dryer, Brand new stainless steel Kitchen Stove, Refrigerator, B/I Dishwasher, Rangehood Microwave

    right at home realtyMLS® #C11883622

    Amenities

    Concierge
    Indoor Parking
    Party Room
    Rec Room
    Guest Suites
    Visitor Parking

    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 II Condos vs The Willowdale Area

    Building Trends At Princess Place II Condos

    Days on Strata

    Units at Princess Place II Condos spend an average of
    25
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    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
    5.1
    YEARS before being sold again

    Property Value

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

    Price Ranking

    48th
    Highest price per SQFT out of 109 condos in the Willowdale area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    30
    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$475,000 - $581,000$540,000 - $568,000No DataNo Data
    Avg. Cost Per SqftNo Data$903$765No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data68 Days201 Days369 DaysNo Data
    Ratio of Units in Building2%60%26%13%1%

    Transactions vs Inventory

    Total number of units listed and sold in Willowdale