Salehian.com 647-325-5000

70 Princess Street 701

Waterfront Communities C8, Toronto, M5A 0X6 · More in this building

$698,000

Reduced $40,000 from $738,000

Photo 1 of 23Photo 2 of 23Photo 3 of 23Photo 4 of 23Photo 5 of 23Photo 6 of 23Photo 7 of 23Photo 8 of 23Photo 9 of 23Photo 10 of 23Photo 11 of 23Photo 12 of 23Photo 13 of 23Photo 14 of 23Photo 15 of 23Photo 16 of 23Photo 17 of 23Photo 18 of 23Photo 19 of 23Photo 20 of 23Photo 21 of 23Photo 22 of 23Photo 23 of 23
  • 3 bedrooms
  • 2 bathrooms
  • 1 parking
  • 700-799 sq ft

Listed 137 days ago · MLS® C13245942

About this home

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.

Details

Type
Condo Apartment
Style
Apartment
Age
New
Size
700-799 sq ft
Basement
None
Garage
Underground
Kitchens
1
Property tax
$3,963 (2025)
Maintenance fee
$698/month
Neighbourhood
Waterfront Communities C8
Municipality
Toronto C08
Price per sq ft
$931 (about the same as condo apartments in Waterfront Communities C8)
Fee per sq ft
$0.93/month (Toronto median $0.92)

Interior

Bedrooms
3 above ground
Bathrooms
1 × 4-piece, 1 × 3-piece
Rooms
6 above ground
Family room or den
No
Fireplace
No
Laundry
Ensuite
Features
Carpet Free, Built-In Oven, Storage Area Lockers

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air

Building and exterior

Style
Apartment
Exterior
Concrete
Age
New
Outdoor
Controlled Entry, Patio, Privacy, Recreational Area, Security Gate

Parking

Garage spaces
1
Total parking
1
Driveway and parking
Underground, Inside Entry

Condo

Monthly fee
$698
Fee includes
Heat Included, Common Elements Included, Building Insurance Included, Water Included
Amenities
Bike Storage, Concierge, Game Room, Gym, Outdoor Pool, Party Room/Meeting Room
Locker
Owned
Balcony
Open
Exposure
North
View
City, Downtown, Lake, Panoramic, Skyline, Pool, Water
Pets
Yes-with Restrictions
Security
Concierge/Security
Property manager
FirstService Residential Telephone: 416.293.5900

More

Possession
30-59 days
Nearby
Public Transit, Hospital, Place Of Worship, Park
Cross street
Front St. & Lower Sherbourne

Rooms

RoomLevelSizeFeatures
Living RoomMain3.43 × 4.67 m (11'3" × 15'4")Laminate, Open Concept, W/O To Balcony
Dining RoomMain3.43 × 4.67 m (11'3" × 15'4")Laminate, Open Concept, Combined w/Kitchen
KitchenMain3.43 × 4.67 m (11'3" × 15'4")Laminate, Stainless Steel Appl, Stone Counters
Primary BedroomMain2.84 × 2.9 m (9'4" × 9'6")3 Pc Ensuite, Closet, W/O To Balcony
Bedroom 2Main2.18 × 3.33 m (7'2" × 10'11")Laminate, Closet, W/O To Balcony
Bedroom 3Main2.08 × 3.23 m (6'10" × 10'7")Laminate, Closet, Window

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 King Subway14 min walk
  • 🚇 Queen Subway17 min walk
  • 🚆 Toronto Union Station GO1.3 km

Within a 10-minute walk: 13 grocery stores, 170 cafés and restaurants, 24 parks, 14 pharmacies. Nearest grocery: No Frills (100 m). Nearest park: Time and Space Courtyard (100 m).

Schools nearby

Elementary

  • Market Lane Junior and Senior Public School
    EQAO: Gr 6 reading 94%, math 50%    2 min walk
  • St. Michael Catholic School Catholic
    EQAO: Gr 6 reading 83%, math 36%    6 min walk
  • Downtown Alternative School6 min walk
  • St. Paul Catholic School Catholic
    EQAO: Gr 6 reading 87%, math 50%    11 min walk

Secondary

  • Inglenook Community School
    EQAO: literacy test 50%    12 min walk
  • Collège français French1.6 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M5A

Owners / renters
35% / 65%
Median household income
$71,000
Average age
40
Children under 15
9%
Homes
0% detached, 78% high-rise
Commute by transit
28%
Population
48,978

Languages spoken most at home besides English: Bengali 1.8%, Mandarin 1.7%, Yue (Cantonese) 1.5%, Spanish 1.3%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in St Lawrence-East Bayfront-The Islands (2025): about the Toronto average, down 13% from the year before.

  • Assault38% above average
  • Break and enterabout average
  • Auto theft89% below average
  • Robbery23% above average
  • Theft from vehicles23% below average
  • Shootings45% below average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 30 active

  • 231 RICHMOND ST E · 450 m
    Plan of Condominium · Draft Plan Approved · applied 2026
    Draft Plan of Condominium for 39-storey mixed-use development with four levels of underground parking, and containing 516 residential dwelling units.
    Application details
  • 31 PARLIAMENT ST · 450 m
    Plan of Condominium · Draft Plan Approved · applied 2026
    Draft Plan of Stamdard Condominium for 427 units.
    Application details
  • 281 FRONT ST E · 400 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2026
    Application to permit two residential towers (54 and 50 storeys) with 1,065 dwelling units and 643 square metres of retail space on the ground floor.
    Application details
  • 259 LAKE SHORE BLVD E · 450 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2026
    Zoning By-law Amendment - Lifting of the H Symbol for 23 167778 STE 10 OZ, 25 231179 STE 10 OZ, and 26 149454 STE 10 OZ
    Application details
  • 259 LAKE SHORE BLVD E · 450 m
    Site Plan · Under Review · applied 2025
    Site plan application for Quayside Building 2, a 56 storey, 618 unit building to be delivered as part of the Quayside project. The proposed development…
    Application details
  • 298 KING ST E · 250 m
    Site Plan · OMB Appeal · applied 2023
    Site Plan Application for a 42-storey (139.90 metres including mechanical penthouse) mixed-use building with 1,188 square metres of commercial uses at grade…
    Application details

39 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 1 km. Transit times · Driving times

Coming transit

  • 🚧 Distillery District 300 m
  • 🚧 Moss Park 550 m
  • 🚧 Queen 1.1 km

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise 1 source nearby

  • 🛣️ Gardiner Expressway400 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built CR

Commercial Residential (with a site-specific exception).

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

No building permits at this address since 2014.

5 permits on this block of the street in the last 2 years, including 2 new homes.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

37 City street trees within 100 m. That’s about the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by JDL REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

Similar homes nearby

See more in Toronto