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Princess Place

22 Olive Ave, North York

Features

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Price/Sqft Range

442 sqft - 1009 sqft

Avg Price/Sqft

$804 / sq. ft.

Completed

Built: 2004

Building Scale

Floors: 26 | Total Units: 289

Building Details

Building Type

High-Rise condo

Property Management

Built in 2004

Condo Corp

TSCC-1602

Date Registered

Apr 13, 2004

Maintenance Fees Include

Air Conditioning

Common Element

Heat

Hydro

Building Insurance

Parking

Water

Description

1 - About Princess Place III

  • Address: 22 Olive Ave, North York
  • Neighbourhood: Willowdale East
  • Storeys: 26
  • Units: 289
  • Year Built: 2004
  • Developer: Pemberton Group
  • Building Type: High-Rise Condo
  • Suite Sizes: 442 to 1,314 sq.ft.
  • Average Price: $804 / sq. ft.

2 - Overview of Princess Place III

Princess Place III stands as a 26-storey condominium tower at 22 Olive Ave in Willowdale East. Delivered in 2004 by the Pemberton Group, this residential building houses 289 units and serves as a significant housing option within North York's central corridor.

The building showcases a contemporary glass and concrete facade typical of early 2000s high-rise construction in the Yonge-Finch area. Residents enjoy panoramic views of the surrounding urban landscape and nearby green spaces from their units.

Strategically positioned within the Yonge-Finch transit zone, Princess Place III seamlessly integrates with North York's established commercial and residential infrastructure. The location provides convenient access to transit connections and essential local services.

3 - Suite Sizes & Value

Princess Place III offers diverse floor plans ranging from 442 to 1,314 square feet, designed to accommodate various living arrangements from single professionals to larger households seeking spacious accommodations.

Priced at $804 per square foot, the building presents an attractive alternative to newer developments in the competitive Yonge-Finch corridor. Monthly maintenance fees provide excellent value by including essential utilities such as hydro, heating, and water services.

4 - Building Amenities & Features

  • Gym / Fitness Centre
  • Party Room
  • Meeting / Function Room
  • Visitor Parking
  • Security Guard
  • Enter Phone System

5 - Location Highlights

  • Transit: Finch Subway Station sits just a 2-minute walk away at 0.2 km distance.
  • Parks: Residents enjoy close proximity to Olive Square Park, Lorraine Drive Park, Bishop Park, and Finch Parkette.
  • Shopping & Groceries: Convenient access to Hanahreum Mart (H Mart) and various local retail plazas.
  • Culture & Entertainment: Walking distance to Gibson House Museum, Irena Art Gallery, and Cineplex Cinemas Empress Walk.
  • Education: Serves McKee Public School and Yorkview Public School catchments, with York University accessible via public transit.

6 - Lifestyle Near Princess Place III

Willowdale East offers exceptional walkability for daily errands and recreation. The neighbourhood features diverse dining experiences including Café Princess, Northwestern Chinese Cuisine, and Potato Noodle Soup of Bai.

The area attracts a mix of young professionals who utilize the efficient Yonge-Finch transit hub for commuting, alongside families drawn to quality local schools and abundant neighbourhood parks that provide excellent outdoor recreational opportunities.

7 - About the Developer

Pemberton Group operates as an established developer throughout the Greater Toronto Area, maintaining a diverse portfolio of high-rise residential communities. Following the successful completion of Princess Place III in 2004, the company continues to focus on large-scale residential developments strategically located along high-density transit corridors.


Neighborhood

Library
Public Transit
School
Fenced Yard
Clear View

Building Sales History

May 20264 Listed | 1 Sold

100 days on market

MLS® # C12797522

May 30, 2026

Expired

Feb 18, 2026

Listed For Sale

$493,000

20 days on market

MLS® # C13044692

May 15, 2026

Sold

Apr 25, 2026

Listed For Sale

$425,000

17 days on market

MLS® # C13024308

May 8, 2026

Terminated

Apr 21, 2026

Listed For Sale

$369,000

194 days on market

MLS® # C12470411

May 1, 2026

Expired

Oct 18, 2025

Listed For Sale

$579,000
Apr 20263 Listed | 1 Sold

91 days on market

MLS® # C12727156

Apr 24, 2026

Terminated

Jan 24, 2026

Listed For Sale

$449,000

15 days on market

MLS® # C12923508

Apr 10, 2026

Sold

Mar 26, 2026

Listed For Sale

$510,000

118 days on market

MLS® # C12597170

Apr 1, 2026

Expired

Dec 3, 2025

Listed For Sale

$469,000

Willowdale East Insights

growth

Sale Price

Average

Median

Generated based on property type and location. Average values are derived using median calculations.