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    for sale
    37 Days on Strata
    Est Sell Timeframe:
    18 Days

    706 - 22 Olive Ave

    Princess Place III
    $585,000
    2 Beds
    1 Bath
    1 Parking
    785 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History

    Maintenance Fees:
    $730/mth
    Taxes:
    $2,572 (2025)
    Property Type:
    Condo
    Cost Per Sqft:
    $745/sqft
    Outdoor Space:
    Balcony
    Locker:
    Owned
    Possession Date:
    Now
    Exposure:
    North East

    Amenities

    Rec Room
    Games Room
    Party Room
    Gym
    Visitor Parking
    Amenity details for reference only. Independently verify accuracy.

    About this Listing

    North York Best Location Next To Finch Subway Station! This Freshly Painted 2 Br 1 Bath Corner Unit Has 785 Sq.Ft. Bright And Spacious! Brand New Bamboo Flooring Throughout! Eat In Kitchen In A Separate Room With a Window, Renovated With White Cabinet Doors, New Quartz Countertops, Double Sinks, a Brand New Dishwasher and a Modern Black Faucet! Updated Bathroom With New Vanity, Mirror, Toilet and Two Pot Lights! Practical Split Brs and 2nd Br Has Floor To Ceiling Windows! Updated LED Lights and New Switches! One Parking And One Locker Included! Maintenance Fee Includes All Utilities! Very Well-Maintained Building, Recently Updated Lobby, Hallway and Elevators! Move-In Ready Unit!

    ExtrasFridge, Stove, B/I Dishwasher, Range Hood, Washer And Dryer, All Electric Light Fixtures.

    century 21 leading edge realty inc.MLS® #C12466443

    Utilities & Inclusions

    Hydro
    Included
    Heat
    Included
    Air Conditioning
    Included
    Water
    Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Fan Coil
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions

    Living
    15.29 x 12.7ft
    Combined with Dining, Walkout To Balcony, Sliding Doors
    Dining
    15.29 x 12.7ft
    Combined with Living, Wood Floor
    Kitchen
    13.62 x 8.01ft
    Eat-In Kitchen, Window, Quartz Counter
    Primary
    12.6 x 9.42ft
    Wood Floor, Walk-in Closet, Window
    2nd Bedroom
    8.99 x 8.01ft
    Wood Floor, Closet, Window
    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

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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.

    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%

    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
    3%
    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

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    16th
    Highest price per SQFT out of 123 condos in the Willowdale area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    43
    Units were Rented over the past twelve months

    Best Value Rank

    Princess Place III offers the
    ?
    best value out of 123 condos in the Willowdale neighbourhood

    Appreciation Rank

    Princess Place III has the
    ?
    highest ROI out of 123 condos in the Willowdale neighbourhood

    Rental Yield

    Princess Place III yields the
    ?
    highest rent prices out of 123 condos in the Willowdale neighbourhood

    High Demand

    Princess Place III is the
    ?
    most popular building out of 123 condos in the Willowdale neighbourhood

    Market Insights

    Transaction Insights at Princess Place III

    Studio1 Bed1 Bed + Den2 Bed
    Price RangeNo Data$482,000 - $526,000$570,000 - $576,000$560,000 - $638,000
    Avg. Cost Per SqftNo Data$947$874$802
    Avg. Wait for Unit AvailabilityNo Data46 Days89 Days174 Days
    Ratio of Units in Building1%59%20%17%

    Market Inventory

    Total number of units listed and sold in Willowdale