About Princess Place Ⅰ
Princess Place I is an 18-storey high-rise in Willowdale East with 184 units, offering condo living in a well-established Toronto neighbourhood. The building attracts renters and buyers looking for mid-rise convenience near transit and shopping. Currently, there's rental inventory available, with units averaging around 600 square feet, making this a practical choice for those seeking an urban residential option in the M2N area.
Willowdale East is a mature, accessible neighbourhood with good transit connections and nearby shopping on Yonge Street. The area suits professionals and families who value proximity to schools, parks, and commuter routes. TTC access is straightforward, and the community has a residential, established feel.
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Frequently asked questions
What type of building is Princess Place I?
Princess Place I is an 18-storey high-rise condominium with 184 units, built to serve the Willowdale East residential community. The building is a multi-unit residential structure designed for both owner-occupancy and rental. With nearly 200 units across 18 floors, it represents a substantial residential presence in the neighbourhood. High-rise condos like this one typically feature a mix of unit sizes and layouts, from bachelor and one-bedroom units to larger two-bedroom suites. The building operates as a standard condo corporation with maintenance fees, building management, and shared amenities serving all residents. Understanding the building's scale and structure helps prospective buyers and renters gauge parking availability, elevator service, and general living conditions.
What's the neighbourhood like around Princess Place I?
Willowdale East is a stable, residential neighbourhood in Toronto's North York area, known for tree-lined streets and family-oriented communities. The area has good access to Yonge Street, one of the city's primary commercial corridors, with shopping, services, and dining options within walking distance. Public transit is accessible via local TTC bus routes and proximity to the Yonge-University subway line, making commuting to downtown and other parts of the city straightforward. The neighbourhood includes parks, schools, and grocery stores, creating a self-contained community feel. The area attracts long-term renters, families, and professionals who appreciate a quieter residential setting without sacrificing urban convenience. Real estate here tends to be stable, and the neighbourhood has maintained consistent appeal over many years.
What should buyers and renters know about living at Princess Place I?
Prospective buyers and renters should understand that this is a 184-unit high-rise, which means shared building services, maintenance fees, and a formal condo corporation structure. Units at Princess Place I average around 600 square feet, typical of mid-range Toronto condos, so floor plans are generally modest and efficient. When evaluating a unit, check the maintenance fee structure, as this varies by building age and amenity offerings, and affects long-term affordability. Renters should confirm parking arrangements and pet policies with the landlord or condo board, as these rules differ by unit and building. For buyers, reviewing the status certificate, reserve fund study, and condo meeting minutes provides insight into building health and upcoming capital expenses. The building's age and construction quality should inform decisions about renovation needs and long-term value. Location near transit and shopping adds rental demand, making this an option worth comparing against similar buildings in the area.