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Unit 201 at Princess Place

Sold

26 Olive Avenue 201, Toronto C14, ON M2N 7G7

MLS #C8373548

$560,510

Sold on July 8, 2024

July 8, 2024

Originally listed at $499,000 9 days on market

About This Property

Location! Location! Location!Welcome to urban living at its finest in the prestigious Princess Place Condos, at the bustling intersection of Yonge and Finch. Right across the Finch Subway station. This charming 715 sq. ft. (670 sq ft + 45 sq ft balcony), One bedroom + Den + 1 parking + 1 locker condo apartment offers the perfect blend of comfort, convenience & style. Condo fees of $577.24 per month include all utilities: Hydro, heat, water Plus common elements, parking, locker, building insurance. Yes, you read it right!! It is an Investor's delight or First Time buyer's dream. Don't miss out on this opportunity to own an urban paradise in one of most sought-after locations. Conveniently located on the 2nd floor with an east-facing open balcony. Well-appointed kitchen overlooks the living/dining, features a convenient breakfast bar, perfect for casual dining and that morning coffee. Primary bedroom boasting ample storage space with its double closet having built-in shelves. The den serves as a separate room with french door, ideal for a home office or an additional bedroom with closet. Bldg amenities include: Party Room, Gym, Meeting Room, ample 'Free visitor parking' and 24/7 Security. This is very well maintained and managed building. Building reserve funds exceed $3 million. Status certificate available. This beautiful unit is in 'Ready to move-in' condition. You can't go wrong with this lovely piece of Real Estate.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($577/mo) and property tax ($1,966/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$665/sqft
Willowdale East
$718/sqft-7.4%
Toronto C14
$711/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 750 sqft.

Property Details

Bedrooms

2

Bathrooms

1

Square Feet

700-799 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryNo
Corp #TSCC-1506
MLS Size700-799
Listed OnMay 24, 2024
Maintenance Fees$577/month
Property Tax$1,966/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Main)5.49 x 3.2318.0 x 10.6-
Living Room(Main)5.49 x 3.2318.0 x 10.6-
Living Room(Main)5.49 x 3.2318.0 x 10.6-
Dining Room(Main)5.49 x 3.2318.0 x 10.6-
Dining Room(Main)5.49 x 3.2318.0 x 10.6-
Dining Room(Main)5.49 x 3.2318.0 x 10.6-
Kitchen(Main)2.44 x 2.328.0 x 7.6-
Kitchen(Main)2.44 x 2.328.0 x 7.6-
Kitchen(Main)2.44 x 2.328.0 x 7.6-
Primary Bedroom(Main)3.65 x 2.9312.0 x 9.6-
Primary Bedroom(Main)3.65 x 2.9312.0 x 9.6-
Primary Bedroom(Main)3.65 x 2.9312.0 x 9.6-
Den(Main)2.44 x 2.328.0 x 7.6-
Den(Main)2.44 x 2.328.0 x 7.6-
Den(Main)2.44 x 2.328.0 x 7.6-
Bathroom(Main)2.44 x 1.678.0 x 5.5-
Bathroom(Main)2.44 x 1.678.0 x 5.5-
Bathroom(Main)2.44 x 1.678.0 x 5.5-
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Price History

Original List Price

$499,000

Listed on May 24, 2024

Sold Price

$560,510

Sold on Jul 8, 2024

+$61,510

12.3%

9 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NamePrincess Place
Address26 Olive Avenue, Toronto C14
Parking TypeUnderground

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About Unit 201 at Princess Place

Unit 201 is a residential condo & other with 2 bedrooms, 1 bathroom spanning approximately 700-799 square feet located at Princess Place, 26 Olive Avenue, Toronto C14. This unit is currently sold (sold for $561K).

About Princess Place

Princess Place is located at 26 Olive Avenue, Toronto C14. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Willowdale East Neighbourhood

This unit is located in Willowdale East, part of Toronto C14 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Princess Place, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 201 Princess Place Toronto C14

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