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Princess Place

28 Olive Ave, North York

Features

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Price/Sqft Range

424 sqft - 785 sqft

Avg Price/Sqft

$761 / sq. ft.

Completed

Built: 2003

Building Scale

Floors: 16 | Total Units: 176

Building Details

Building Type

High-Rise condo

Property Management

Built in 2003

Condo Corp

TSCC-1515

Date Registered

Apr 24, 2003

Maintenance Fees Include

Air Conditioning

Common Element

Heat

Hydro

Building Insurance

Parking

Water

Description

1 - About Princess Place
  • Address: 28 Olive Ave, North York
  • Neighbourhood: Willowdale East, North York
  • Storeys: 16
  • Units: 176
  • Built Year: 2003
  • Builder: Pemberton Group
  • Building Type: High-Rise Condo
  • Suite Sizes: 311 sqft – 850 sqft
  • Average Price: $761 / sq. ft.

2 - Overview of Princess Place

Princess Place stands as a 16-storey condominium tower at 28 Olive Ave in the heart of Willowdale East. Completed in 2003 by Pemberton Group, this 176-unit building represents thoughtful residential design focused on maximizing natural light throughout its layouts.

The building's architecture emphasizes functional living spaces, with most units featuring covered balconies and many offering peaceful courtyard exposures. Its strategic mid-block positioning provides excellent access to both the bustling Yonge Street commercial corridor and key transit connections, including the nearby Finch Station.

3 - Suite Sizes & Value

Residences at Princess Place range from efficient 311-square-foot studios to spacious 850-square-foot units, catering to diverse lifestyle needs. The Average Price: $761 / sq. ft. reflects current market conditions in the desirable Willowdale East neighbourhood.

Maintenance fees are competitively structured between $0.86 and $0.90 per square foot, providing comprehensive coverage for all essential utilities including hydro, heat, and air conditioning systems.

4 - Building Amenities & Features

  • Exercise Room: Well-equipped fitness facility for residents
  • Social & Meeting Spaces: Recreation room, party room, and meeting room for community gatherings
  • Security: 24-hour integrated security system with on-site personnel
  • Parking: Secure underground parking garage plus designated visitor parking
  • Storage: Dedicated bicycle storage areas

5 - Location Highlights

  • Transit: Just a 2-minute walk to Finch Station for TTC subway and regional bus connections
  • Parks: Close proximity to Olive Square Park, Olive Square, and Finch Parkette
  • Grocery & Shopping: Convenient access to Metro, H Mart, Food Basics, and Yonge Connaught Plaza
  • Dining: Local restaurants including Tah Deeg within walking distance
  • Culture & Entertainment: Nearby Gibson House Museum, Irena Art Gallery, and Cineplex Cinemas Empress Walk
  • Highway Access: Quick connection to Highway 401 via Bayview Avenue

6 - Lifestyle Near Princess Place

Willowdale East offers a transit-focused lifestyle that appeals to both students and professionals. The neighbourhood's excellent connectivity to York University and North York's corporate district makes it an ideal location for commuters seeking convenience and accessibility.

Educational options include McKee Public School and Churchill Public School, while residents benefit from the comprehensive commercial and transportation infrastructure that defines modern North York living.

7 - About the Developer

Princess Place was developed by Pemberton Group, an established developer with an extensive portfolio spanning the Greater Toronto Area over four decades. The company specializes in mid-rise and high-rise residential communities strategically located near transit corridors and urban amenities.


Neighborhood

Library
Park
Place Of Worship
Public Transit
Rec Centre
School

Building Sales History

Jun 2026 — 1 Listed | 0 Sold

82 days on market

MLS® # C12888514

Jun 10, 2026

Sold Conditionally

Mar 16, 2026

Listed For Sale

$470,000
May 2026 — 1 Listed | 0 Sold

98 days on market

MLS® # C12747468

May 11, 2026

Suspended

Feb 2, 2026

Listed For Sale

$549,000
Mar 2026 — 1 Listed | 0 Sold

157 days on market

MLS® # C12477503

Mar 30, 2026

Expired

Oct 23, 2025

Listed For Sale

$510,000

Willowdale East Insights

growth

Sale Price

Average

Median

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