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    Toronto / North York / Newtonbrook

    Lph06 - 8 Pemberton Ave

    For RentPark Palace Condos
    $2,950/mth
    Price Cut: $3,050
    2 Beds
    2 Bath
    1 Parking
    900 SQFT
    31 Days on Strata
    Est Lease Timeframe
    8 Days

    Listing History

    Unit Highlights

    Possession Date:
    August 21, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    Yes
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    South
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Walkout To Balcony, Combined with Dining
    17.75 x 10.99ft
    Dining
    Laminate, Open Concept
    17.75 x 10.99ft
    Kitchen
    Ceramic Floor
    8.99 x 8.01ft

    About this Listing

    Exceptional 2 Bedroom And 2 Full Bathrooms Condo In Prime North York With Underground TTC Connection Directly To The Building! With A Sun Filled South Exposure, Unit Overlooks A Quite Street One Parking. Pedestrian-Friendly Yonge & Finch Community Minutes To Restaurants/Park, Top Earl Haig Secondary Schools!!! All Utilities Included In The Rent! Flexible Occupancy

    ExtrasFridge, Stove, Dishwasher, Washer/Dryer,Light Fixture & Window Coverings. Concierge/Gym/Recreation Room

    homelife landmark realty inc.MLS® #C9262888

    Amenities

    Rooftop Deck
    Rec Room
    Bike Storage
    Games Room
    Security System
    Gym Room

    Explore Neighbourhood

    8/10
    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 Listings

    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%

    Price Trends

    Maintenance Fees

    Park Palace Condos vs The Newtonbrook Area

    Building Trends At Park Palace Condos

    Days on Strata

    Units at Park Palace Condos spend an average of
    25
    Days on Strata
    based on recent sales

    List vs Selling Price

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

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Newtonbrook

    Turnover of Units

    On average, each unit is owned for
    6.3
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    12th
    Highest price per SQFT out of 40 condos in the Newtonbrook area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    15
    Units were Rented over the past twelve months

    Best Value Rank

    Park Palace Condos offers the
    ?
    best value out of 40 condos in the Newtonbrook neighbourhood

    Appreciation Rank

    Park Palace Condos has the
    ?
    highest ROI out of 40 condos in the Newtonbrook neighbourhood

    Rental Yield

    Park Palace Condos yields the
    ?
    highest rent prices out of 40 condos in the Newtonbrook neighbourhood

    High Demand

    Park Palace Condos is the
    ?
    most popular building out of 40 condos in the Newtonbrook neighbourhood

    Transaction Insights at 8 Pemberton Avenue

    1 Bed2 Bed
    Price Range$540,000 - $705,000$610,000 - $673,000
    Avg. Cost Per Sqft$862$705
    Avg. Wait for Unit Availability137 Days68 Days
    Ratio of Units in Building40%60%

    Transactions vs Inventory

    Total number of units listed and leased in Newtonbrook