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701 - 70 Princess Street

701 - 70 Princess Street

Toronto C08, ON

  • 3 bed
  • 2 bath
  • approx. 700-799 sqft
  • Condo Apartment
  • 95 days on market
$698,000Price reduced 5%

Welcome to Time and Space Condo by Pemberton, ideally located at Front & Sherbourne just steps from the Financial District, Union Station, St. Lawrence Market, and the waterfront. This bright and functional 3-bedrooms, 2-bathroom suite offers approximately 785 sq ft with a perfectly square, open-concept layout that maximizes every inch of space. West-facing exposure brings in abundant natural light and beautiful sunsets. The unit includes 1 parking spot and 1 locker, a rare and valuable combination in downtown Toronto. Residents enjoy top-tier amenities including an infinity-edge pool, rooftop cabanas, BBQ area, theatre room, games room,gym, yoga studio, party room, and more. Exceptional opportunity for both end-users and investors.

Listing Details

Taxes (2025)
$3,963
Originally Listed
$738,000
Listed
June 4, 2026

Price History

Property

Style
Apartment
Age
New
Construction
Concrete
Interior
None, Carpet Free, Built-In Oven, Storage Area Lockers

Parking

Garage
Underground
Covered Spaces
1
Total Parking
1

Utilities

Heat Source
Gas

Location & Legal

Cross Street
Front St. & Lower Sherbourne
Parcel Number
770902475
Possession
30-59 days
Occupancy
Tenant

Condo

Maintenance Fee
$698/month
Fee Includes
Heat Included, Common Elements Included, Building Insurance Included, Water Included
Pets
Yes-with Restrictions
Locker
Owned
Balcony
Open
Amenities
Bike Storage, Concierge, Game Room, Gym, Outdoor Pool, Party Room/Meeting Room

Included

Inclusions
Fridge, Microwave, Range, Stove, Oven, Dishwasher, Stacked Washer& Dryer

Schools

Elementary

  • Market Lane Junior and Senior Public School0.2 km

    Public · Toronto DSB · 370 students

    Grade 3 reading: 83% met the provincial standard · Grade 6 math: 50% met the provincial standard

  • St Michael Catholic School0.4 km

    Catholic · Toronto CDSB · 150 students

    Grade 3 reading: 75% met the provincial standard · Grade 6 math: 36% met the provincial standard

  • Downtown Alternative School0.4 km

    Public · Toronto DSB · 115 students

Secondary

  • Inglenook Community School0.7 km

    Public · Toronto DSB · 60 students

    Grade 10 literacy: 50% met the provincial standard

  • St Michael's Choir (Sr) School1.1 km

    Catholic · Toronto CDSB · 105 students

    Grade 10 literacy: 100% met the provincial standard

  • Collège français secondaire1.6 km

    French public · CS Viamonde · 155 students

    Grade 10 literacy: 100% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area M5A

Population
48,978
Private dwellings
30,508
Median age
36.4
Average household size
1.8
Median household income
$71,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Condo & Other in Toronto C08 · last 12 months

Median sold price
$592,500
Homes sold
1,635
Median days on market
28
Sale-to-list price
97.3%

Based on 1,635 recorded sales of residential condo & other properties in Toronto C08 over the last 12 months.

Rooms

4-piece, 3-piece

Main

  • Bedroom 27'2" x 10'11"
  • Bedroom 36'10" x 10'7"
  • Dining Room11'3" x 15'4"
  • Kitchen11'3" x 15'4"
  • Living Room11'3" x 15'4"
  • Primary Bedroom9'4" x 9'6"

Listed by

JDL REALTY INC.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$139,600

Estimated Monthly Payment

$3,429

Land transfer tax

Estimated land transfer tax$10,435

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $3,429/mo (20% down, 5.5%)

Taxes: $330/mo · Insurance: $175/mo

Maint: $698/mo

Estimates only. Consult a financial advisor.

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