711 - 70 Princess Street

Welcome to your new home at 70 Princess Street, Toronto, where urban living meets modern convenience! This stunning condo for sale in Toronto is nestled in the vibrant community of Moss Park, making it an ideal spot for those who love to be at the heart of the action. With its prime location, you’ll find yourself just a stone’s throw away from delightful cafés, trendy restaurants, lush parks, and the bustling St. Lawrence Market. The Distillery District is also nearby, offering a charming atmosphere for leisurely strolls and social gatherings. Plus, with easy access to the TTC and the PATH, commuting around the city couldn’t be simpler.

This east-facing gem boasts two spacious bedrooms and two well-appointed bathrooms, making it perfect for individuals, couples, or even small families. The layout of this condo for sale in Toronto is both practical and stylish, featuring a total of six rooms that provide ample space for all your needs. The two kitchens are a standout feature, equipped with full-size appliances that make cooking a breeze. You’ll love the counter-depth fridge and built-in cooktop/oven, complemented by under-cabinet lighting that adds a touch of elegance to your culinary adventures.

Step outside onto the full-length balcony, where you can soak up the sun or enjoy a morning coffee while taking in the sights of the city. The smooth 9-ft ceilings throughout the condo create an airy and open atmosphere, making the space feel even larger than it is. While the unit is unfurnished, this gives you the perfect opportunity to put your own stamp on it and create a space that truly reflects your style.

Although this condo for sale in Toronto doesn’t come with a pool or a fireplace, it more than makes up for it with its fantastic amenities. The building features a range of five-star facilities that cater to your every need. While there’s no central vacuum system or additional land, the communal spaces are designed to enhance your living experience. Picture yourself lounging by the infinity pool, enjoying the cabanas, or engaging in outdoor games with friends. There are also BBQ areas and stylish lounges where you can unwind after a long day.

One of the significant advantages of this property is its current rental situation. The unit is currently leased to excellent tenants at $2,600 per month, with the lease running until November of next year. This makes it a brilliant investment opportunity for anyone looking for a turnkey rental property in a high-demand downtown location. You’ll benefit from secure and steady income from day one, allowing you to enjoy the perks of ownership without the hassle of finding new tenants right away.

At 70 Princess Street, Toronto, you’ll find yourself in a community that offers both convenience and excitement. The lack of a garage space or parking may be a consideration, but with the excellent public transport links nearby, you’ll find that getting around the city is a breeze. Plus, the proximity to a grocery store just across the street means you’ll never have to travel far for your essentials.

In summary, this condo for sale in Toronto is a fantastic opportunity for both homeowners and investors alike. With its modern features, prime location, and strong rental income potential, it’s a property that truly stands out in the bustling market. Don’t miss your chance to make this lovely condo your own at 70 Princess Street, Toronto. Whether you’re looking to settle down or expand your investment portfolio, this property ticks all the boxes!

Moss Park, nestled in the heart of Toronto, is a vibrant and diverse neighbourhood that offers a unique blend of urban living and green spaces. Characterised by its historic architecture and a mix of residential buildings, the area is home to a variety of amenities, including local shops, cafes, and parks. Moss Park itself features a large green space that hosts community events and recreational activities, making it a focal point for residents. The neighbourhood is well-connected by public transport, providing easy access to downtown Toronto and beyond. With its rich cultural tapestry and a strong sense of community spirit, Moss Park presents an inviting option for those looking to immerse themselves in the dynamic life of the city.

Schools in the Neighbourhood

This property is ideally situated near several educational institutions, catering to various needs and preferences for families. The closest school, Market Lane Junior and Senior Public School, is just 0.2 km away and offers grades JK to 8 with a school rating of 3.7. Another nearby option is St. Michael Catholic School, located 0.4 km from the property, which provides an excellent education for grades JK to 8 and boasts a higher rating of 7.1. For older students, Kapapamahchakwew - Wandering Spirit School, located 0.9 km away, serves grades 9 to 12, though it currently has a lower rating of 0. Additionally, Ryerson Community School, offering French language instruction for grades JK to 8, is 2.9 km away with a rating of 3.8. For high school students, St. Joseph's College School, 2.4 km from the property, has a strong rating of 7.6. Lastly, St. Mary Catholic School, which caters to younger students in grades JK to 4, is 3.1 km away and has a rating of 5.7. Overall, this area offers a diverse range of educational options, ensuring quality schooling for children of all ages.

Key Statistics of the Neighbourhood

The demographic information surrounding the property indicates a currently unpopulated area, with no recorded residents as of 2021. Consequently, there is an absence of households, with no average household size or income reported. The community shows no low-income residents, singles, or households with children, suggesting a lack of family-oriented amenities or services. Additionally, there are no immigrants or renters in the vicinity, and no condominiums are present, which may indicate a lack of diverse housing options. The educational landscape appears to be minimal, with no individuals holding college or university degrees, and there is also no workforce participation, as indicated by the absence of those in the labor force. Overall, the demographic data reflects a vacant area with no current population or economic activity, which could present both challenges and opportunities for potential development or investment. The lack of established community characteristics may appeal to certain buyers looking for a blank slate for future projects, but it also raises questions about the viability and attractiveness of the location for residential or commercial purposes.