Toronto · Ward 13 · SOCIAL HOUSING
31 Princess St
Toronto, Ontario · postal area M5A · St Lawrence-East Bayfront-The Islands
82 units · 10 storeys · built 1994 · managed by KRAL PROPERTY MANAGEMENT INC.
LTB orders, Jan–June 2026
0Rent control
Likely rent-controlledFire code
0Investment (5 yrs)
0Property standards
no property-standards investigations recorded in the last 2 yearsBuilding facts
Self-reported by the building owner or manager at RentSafeTO registration; City of Toronto open data.
Inspection breakdown
Common areas scored 0–3 by the City inspector at the latest RentSafeTO evaluation (3 = no issues found). Only areas assessed at this building are shown.
Neighbourhood & getting around · St Lawrence-East Bayfront-The Islands
What rents cost here · Toronto Central zone
Zone-wide market averages — not this building's rents| Unit | Vacant units rent for | Sitting tenants pay |
|---|---|---|
| bachelor | $1,790 | $1,599 |
| 1-bedroom | $2,321 | $2,036 |
| 2-bedroom | $3,128 | $2,766 |
| 3-bedroom+ | — | $3,556 |
The gap is what moving costs: a vacant 2-bedroom rents about 13% above what sitting tenants pay. Only 11.8% of units changed tenants in the year to the survey. Vacancy rate: 2.8%. Across the City of Toronto, average rents rose 3% over the year (same-structure sample). CMHC Rental Market Survey, October 2025.
Region-wide asking rents (Toronto area (CMA), Q1 2026, Statistics Canada, Quarterly Rent Statistics): bachelor $1,760 · 1-bed $2,110 · 2-bed $2,660 · 3-bed $3,250. Rentals.ca & Urbanation National Rent Report, July 2026: City of Toronto average $2,577 across all unit types.
Getting around
Distances from this buildingStops within 500 m: 25
Bus routes: 65, 75, 114, 121, 202
Streetcars: 503, 504, 508
24-hour night routes: 304, 365
Nearest subway: King Station · 962 m
Nearest intersection: Princess & Nicholson · 40 m
Who lives in the area
Whole neighbourhood — not this buildingRenters paying 30%+ of income: 39.1%
Renters in subsidized housing: 17.8%
Median household income: $87,000
Average household: 1.7 people
Median age: 35.2
Homes in 5+ storey buildings: 94.4%
Moved in the past year: 28.8%
Residents: 44,636
Area safety
Whole neighbourhood — not this buildingWhat's nearby
Distances from this buildingCommunity centres: St. Lawrence Community Recreation Centre 93 m · East Bayfront Community Recreation Centre 605 m
Libraries: St. Lawrence 185 m · Parliament Street 1.3 km
Schools nearby
Distances from this buildingSecondary (high school): Jarvis Collegiate Institute · 2.0 km
Catholic elementary: St Paul Catholic Elementary School · 693 m
Catholic secondary: St Michael'S Choir School - Secondary · 1.1 km
Score history
| Evaluation | Score |
|---|---|
| Jun 27, 2024 | 81 |
| Sep 29, 2026 | 94 |
Fire code violations
36 violation records since 2018 in Toronto Fire Services' high-rise inspection data; 0 currently open. Most frequent:
- Maintenance of closures (3)
- Fire Alarm Maintenance (2)
- Accumulation of combustible materials (2)
Source: Toronto Fire Services residential inspection results, refreshed daily. A violation record is a finding at inspection time; open items are those without a recorded close date.
Landlord and Tenant Board orders
How to read these orders and codes →
No final LTB orders were published for this address between January and June 2026. Earlier years will appear as Tribunals Ontario backfills its catalogue to 2021.