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    39 Pemberton Avenue

    The Paramount Condos
    1for Sale
    1for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    12
    Number of Units:
    173
    Condo Completion:
    1997
    Condo Demand:
    High
    Unit Size Range:
    549 - 1,645 SQFT
    Unit Availability:
    Low

    Listing History for The Paramount Condos

    Receive listing updates for Newtonbrook

    Amenities

    Rec Room
    Bike Storage
    Security System
    Gym Room
    Concierge
    Indoor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 39 Pemberton AvenueThe Paramount Condos

    Anyone who’s seeking a Toronto condo for sale should definitely consider The Paramount Condos at 39 Pemberton Avenue. Pemberton Group completed this building back in 1997, but unlike other buildings of that age, maintenance fees are actually on the higher end at $0.88 per-square-foot. The building is 12 storeys tall and is home to 173 suites. Units start at 549 square feet on the low end, and can go up to 1645 square feet.

    This condo has an excellent Walk Score of 92 and a high demand ranking, based on Strata.ca’s analytics. Maintenance fees at 39 Pemberton Avenue are $0.88 per-square-foot, which is notably higher than the city average of about $0.67.

    The Suites

    Here are some stats that would interest renters or buyers at 39 Pemberton Avenue: 7 units have been sold in the past 12 months, and 15 units have been rented over the same period.

    In terms of price per-square-foot, the average cost is $776 and units tend to sell for 3.35% above the list price. Units at 39 Pemberton Avenue have a medium probability of receiving more than one offer. On average, a suite will spend 8 days on the market.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Potato Noodle Soup of Bai, Puck 'N Wings and Mega Street Food Complex are all within 4 minutes walking distance from 39 Pemberton Avenue. There’s always time for coffee with Tim Hortons and Timothy's World Coffee a short 6-minute walk away.

    There are a number of grocery stores within a short drive, including Food Basics, Metro and H Mart North York.

    The Paramount Condos is a great choice for residents who are money conscious — with banks like RBC Royal Bank and CIBC Business Contact Centre nearby.

    This condo is also situated within minutes of green spaces like Finch Parkette and Bishop Park.

    Enhance your personal style while living in the Newtonbrook neighbourhood by visiting Collaboht Branding, Yonge Connaught Plaza and Whohou Marketplace.

    If you’re tired of the usual neighbourhood attractions, then perhaps having GallerySunami, Irena Art Gallery and Pars Art Gallery less than a 3-minute drive away will give you a lift. Cineplex Cinemas Empress Walk is just a short drive away for movie nights.

    There are plenty of nearby school choices — McKee Public School, Churchill Public School and Lillian Public School — with more in neighbouring areas so you can find the best school for your child’s needs. Newtonbrook is an excellent area for parents and teens alike where your teenager will be able to explore close to home after attending Jonas High School, Horizons Secondary School and Avondale Secondary Alternative School. And you’ll have peace of mind they’re nearby!

    Transportation

    Transit users will love the Newtonbrook neighbourhood with convenient light transit routes like Finch Ave East At Kenneth Ave nearby. Those in the area live roughly 0 minutes walk distance from Finch Station, making it easy to get around.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 29 Pemberton Avenue, 18 Pemberton Avenue and 8 Pemberton Avenue.

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    Explore Neighbourhood

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    16,570
    Average Individual Income
    $67,675
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $115,798
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    12%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    17%
    50 - 64
    23%
    65+
    23%
    Household Income
    $0 - $30,000
    52%
    $30,000+
    25%
    $60,000+
    11%
    $90,000+
    6%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    51%
    Semi Detached
    20%
    Low Rise Apartment
    12%
    High Rise Apartment
    7%
    Duplex
    7%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    54%
    Cantonese
    17%
    Mandarin
    13%
    Other
    12%
    Tamil
    3%
    Tagalog
    1%
    Education
    University and Above
    28%
    High School
    27%
    None
    20%
    College
    16%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    7%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    The Paramount Condos vs The Newtonbrook Area

    Days on Strata

    Units at The Paramount Condos spend an average of
    8
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Newtonbrook

    Turnover of Units

    On average, each unit is owned for
    5.4
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

    9th
    Highest price per SQFT out of 40 condos in the Newtonbrook area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    15
    Units were Rented over the past twelve months

    Best Value Rank

    The Paramount Condos offers the
    ?
    best value out of 40 condos in the Newtonbrook neighbourhood

    Appreciation Rank

    The Paramount Condos has the
    ?
    highest ROI out of 40 condos in the Newtonbrook neighbourhood

    Rental Yield

    The Paramount Condos yields the
    ?
    highest rent prices out of 40 condos in the Newtonbrook neighbourhood

    High Demand

    The Paramount Condos is the
    ?
    most popular building out of 40 condos in the Newtonbrook neighbourhood

    Transaction Insights at 39 Pemberton Avenue

    1 Bed2 Bed2 Bed + Den3 Bed
    Price Range$510,000 - $545,000$680,000 - $720,000No DataNo Data
    Avg. Cost Per Sqft$849$685No DataNo Data
    Avg. Wait for Unit Availability304 Days61 Days589 Days402 Days
    Ratio of Units in Building18%80%2%2%

    Unit Sales vs Inventory

    Total number of units listed and sold in Newtonbrook