40 Princess St
40 Princess St is in St Lawrence-East Bayfront-The Islands. There are 4 planning proposals within 250 m, including a 42‑storey building with 449 homes and shops (under appeal).
Data as of Nov 9, 2026 · Every item lists its source
- A 42-storey building with 449 homes and shops is under appeal, 202 m away (298 King St E).
- Assaults and thefts over $5,000 in St Lawrence-East Bayfront-The Islands were above the Toronto rate in 2025.
- King Station (Line 1) is about a 15-minute walk.
- The nearest elementary school is Market Lane Junior and Senior Public School, 175 m away.
- Nothing is on record for the building itself: no permits, orders or heritage listing.
01What’s planned near 40 Princess St
4 planning proposals within 250 m (about a 3‑minute walk): four in progress. Some cover several addresses; each proposal is listed once. That's more than at most Toronto addresses (the typical address has 1).
In progress
- 1Subdivision427 Adelaide St E and 6 more addresses · 149 m awaySubdivision: a request to divide land into new lots and streets
City planners are reviewing it. Residents can comment before a decision is made.
Draft Plan of Subdivision for 5 development blocks.File 21 226321 STE 13 SB · submitted Oct 15, 2021 · City record and how to commentAll 7 addresses
427 Adelaide St E · 435 Adelaide St E · 254 King St E · 256 King St E · 260 King St E · 266 King St E · 157 Princess St
- 240-storey building with shops427 Adelaide St E and 6 more addresses · 149 m awaySite plan: City review of the design and layout of a new building
City planners are reviewing it. Residents can comment before a decision is made.
Site Plan Approval for two mixed-use towers having heights of 38 and 40 storeys. The proposed non-residential gross floor area is 5,490 square metres, and the proposed residential gross floor area is 62,695 square metres. A total of 819…File 21 226317 STE 13 SA · submitted Oct 15, 2021 · City record and how to commentAll 7 addresses
427 Adelaide St E · 435 Adelaide St E · 254 King St E · 256 King St E · 260 King St E · 266 King St E · 157 Princess St
- 3Site plan250 Front St E · 198 m awaySite plan: City review of the design and layout of a new building
City planners are reviewing it. Residents can comment before a decision is made.
for Corktown stationFile 23 142019 STE 13 SA · submitted May 5, 2023 · City record and how to comment
Development Applications and Committee of Adjustment Applications, City of Toronto. A proposal that covers several addresses is listed once. Decided: development files submitted in the last 4 years; Committee of Adjustment decisions in the last 2 years.
02Safety near 40 Princess St
Police recorded 181 major crimes within 500 m of this address from Oct 2025 to Sep 2026. That's more than at 96% of Toronto addresses. The table compares the neighbourhood's rates with Toronto's.
| Major crime | Near this addressreported within 500 m, last 12 months | St Lawrence-East Bayfront-The Islandsper 100,000 residents, 2025 | Torontoper 100,000 residents, 2025 |
|---|---|---|---|
| Assaults | 113 | 1,060 | 768St Lawrence-East Bayfront-The Islands is higher |
| Break-ins | 39 | 164 | 190St Lawrence-East Bayfront-The Islands is about the same |
| Car thefts | 4 | 25 | 225St Lawrence-East Bayfront-The Islands is lower |
| Robberies | 13 | 96 | 79St Lawrence-East Bayfront-The Islands is about the same |
| Thefts over $5,000 | 12 | 78 | 61St Lawrence-East Bayfront-The Islands is higher |
Thick bar: St Lawrence-East Bayfront-The Islands. Thin grey bar: Toronto. Source: Toronto Police Service Public Safety Data Portal, Major Crime Indicators (Oct 2, 2025 to Sep 30, 2026) and Neighbourhood Crime Rates. Reported incidents only; police place each incident at the nearest intersection. Five-year trends for St Lawrence-East Bayfront-The Islands
03Getting around from 40 Princess St
The nearest subway station is King Station (Line 1), about a 15‑minute walk (0.9 km). Within a 5‑minute walk there are 18 TTC stops served by the 504 and 503 streetcars and the 75, 121 and 65 buses, with about 4,271 departures on a typical weekday. The nearest GO train station is Union Station GO, 1.2 km away, with 354 train stops on a weekday.
Source: TTC · Line 1 · about 15 min walk
Nearest stop: The Esplanade at Lower Sherbourne St, plus 2 more stops for this route within 250 m.
Nearest stop: Sherbourne St at The Esplanade, plus 2 more stops for this route within 250 m.
Nearest stop: King St East at Sherbourne St.
Nearest stop: Parliament St at Mill St.
Nearest stop: Queens Quay East at Lower Sherbourne St.
Source: GO Transit · 354 train stops on a weekday
TTC and GO Transit schedules for a typical weekday (Nov 11, 2026). Walking times are estimates.
04Schools and child care near 40 Princess St
The closest public and Catholic schools. They may not be the ones assigned to this address; check with the Toronto District School Board (TDSB) or Toronto Catholic District School Board (TCDSB).
Elementary schools
Share of Grade 6 students meeting the provincial standard. Toronto: 87% reading, 54% math.
Secondary schools
Share of students who passed the Grade 10 literacy test on their first try. Toronto: 84%.
The red tick on each bar is the Toronto average. Private schools within 1 km: Voice Integrative Private School, Liberty Prep School, Keystone International Schools. Source: Ontario Ministry of Education (2026), EQAO results.
Within 500 m (about a 6‑minute walk): six licensed child care centres and two EarlyON centres.
2 Princess St · 49 spaces · toddler, preschool · in the $10-a-day program · fee subsidies
230 The Esplanade · 74 spaces · preschool, kindergarten · in the $10-a-day program · fee subsidies
8 Distillery Lane · 85 spaces · toddler, preschool · in the $10-a-day program
246 The Esplanade · free programs for children up to 6 and their caregivers
173 Front St E · free programs for children up to 6 and their caregivers
Source: City of Toronto Licensed Child Care Centres and EarlyON Child and Family Centres.
05The building at 40 Princess St
No building permits, building orders, heritage listing or short-term rental registration are on record for this address. About 90% of Toronto addresses also had none in the last 5 years.
06Around the block
Stays of less than 28 days, like Airbnb. That's more than at 98% of Toronto addresses.
Houses that rent individual rooms with shared kitchens or bathrooms. The City licenses them to enforce safety standards.
Marcheleo's Marketplace (restaurant or bar), Hair Tv Studio (salon or personal services), South Street Burger (restaurant or bar), and 20 more.
Public space at 160 The Esplanade (239 m), 260 King Street East (366 m), 424-460 Adelaide Street East (455 m), and 2 more.
All new business licences in St Lawrence-East Bayfront-The Islands (23)
- Marcheleo's Marketplace · Restaurant or bar · 1 Edgewater Dr · 459 m · licensed Nov 4, 2026
- Hair Tv Studio · Salon or personal services · 145 Front St E · 290 m · licensed Nov 3, 2026
- South Street Burger · Restaurant or bar · 12 Richardson St · 463 m · licensed Nov 3, 2026
- Roywoods Union · Take-out or food shop · 65 Front St W · 1197 m · licensed Nov 2, 2026
- Touche · Salon or personal services · 455 Front St E · 893 m · licensed Oct 30, 2026
- Arvento Pizza · Take-out or food shop · 25 York St · 1346 m · licensed Oct 28, 2026
- Nova Supreme Dry Cleaners · Laundromat or dry cleaner · 140 The Esplanade · 332 m · licensed Oct 26, 2026
- The Second City Theatre Company · Entertainment venue · 1 York St · 1422 m · licensed Oct 23, 2026
- Le Meridien Toronto Pinnacle Hotel · Entertainment venue · 1 Yonge St · 964 m · licensed Oct 21, 2026
- Billy's Bodega · Restaurant or bar · 55 Mill St · 565 m · licensed Oct 21, 2026
- Indigo Park · Parking lot · 141 Bay St · 997 m · licensed Oct 19, 2026
- Epic On the Go · Take-out or food shop · 81 Bay St · 1080 m · licensed Oct 7, 2026
Source: Short Term Rentals Registration, Multi-Tenant (Rooming) House Licences, Business Licences and Permits (storefront types; owners’ personal names are never shown), POPS, and Daily Shelter Occupancy (Nov 6, 2026). Confidential shelter locations are not published.
07Risks and environment at 40 Princess St
TRCA's maps show this address is outside the areas that could flood from rivers in a major storm (TRCA plans for a storm like Hurricane Hazel in 1954) and outside lake shoreline hazards. Basement flooding from overloaded sewers can still happen anywhere in the city.
Source: TRCA Regulation mapping 2025
In postal area M5A, 4 of 134 home tap-water samples (3.0%) tested above Ontario's limit for lead (10 micrograms per litre). Across Toronto, 2.0% of samples did, so M5A is about the same as the city overall. Health Canada recommends a stricter limit of 5 micrograms per litre: 9 samples here (6.7%) were above it. These are voluntary tests, mostly from older homes, so they don't tell you about this house. Lead comes from old pipes and plumbing, not the City's treatment plants. If your home was built before the mid-1950s, you can get a free test kit by calling 311.
Source: Non Regulated Lead Sample · 134 tests, May 21, 2014 to Oct 15, 2026
Air Quality Health Index from Environment and Climate Change Canada's Toronto Downtown station, 3.9 km away, measured 9:00 AM EST Monday 9 November 2026. Forecast high for the next 24 hours: 2 (low risk). The scale runs from 1 to 10+; 1 to 3 is low risk.
Source: Environment and Climate Change Canada · hourly
TRCA mapping is for screening, not site-specific decisions. Lead results are voluntary samples from homes in the postal area, not this address.
08The neighbourhood: St Lawrence-East Bayfront-The Islands
St Lawrence-East Bayfront-The Islands had 31,285 residents in 2021. The median household income was $87,000, about the same as the typical Toronto neighbourhood ($85,000). 60% of households rent (typical neighbourhood: 46%). 39% of renters spend 30% or more of their income on housing. 22% of workers commuted by transit and 37% walked or cycled (typical neighbourhood: 26% and 5%). The most common first languages other than English and French are Mandarin (5.7%), Spanish (2.8%) and Cantonese (2.8%). Source: 2021 Census; the next census was taken in 2026.
Rents aren't published for single neighbourhoods. Across central Toronto (the old City of Toronto, before the 1998 amalgamation), a two-bedroom in a purpose-built rental building averaged $2,457 a month in October 2025, up 6% from a year earlier. The Toronto average was $2,055. The vacancy rate was 3.2%. These averages include long-term tenants; new listings usually cost more.
| Average rent, October 2025 | Central Toronto | Change in a year | Toronto |
|---|---|---|---|
| Studio | $1,526 | +2% | $1,499 |
| 1 bedroom | $1,914 | +4% | $1,763 |
| 2 bedrooms | $2,457 | +6% | $2,055 |
| 3 bedrooms or more | $3,195 | 0% | $2,361 |
Source: CMHC, Rental Market Survey (October 2025), purpose-built rental apartments, central Toronto (the old City of Toronto, before the 1998 amalgamation). CMHC doesn’t publish rents for single neighbourhoods. Adapted by My Address in Toronto.
How St Lawrence-East Bayfront-The Islands compares with Toronto’s 158 neighbourhoods →Archive photos from near this address: myaddressintoronto.com/address/40-princess-st#sec-history
