608 - 8 Pemberton Ave
1 / 1
For RentPark Palace CondosEst Lease Timeframe 13 Days
$3,100/mth
5 Beds
2 Bath
1 Parking
960 SQFT
35 Days on Strata
Listing History
Unit Highlights
Possession Date:
October 7, 2024
Lease Term:
1 Year
Property Type:
Condo
Utilities Included:
Yes
Outdoor Space:
Balcony
Furnished:
No
Exposure:
North West
Locker:
Owned
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
20.11 x 11.42ft
Dining
Laminate
20.11 x 11.42ft
Kitchen
Ceramic Floor, Window
10.34 x 7.87ft
About this Listing
Prime Location In North York, Direct Underground Access To Finch Subway Station. Fabulous Layout With Split 2 Bedrooms and 2 Bathrooms, Over 900 Sqft, Bright South Exposure, W/) To Balcony, Separate Kitchen With Window, S/S Appliances, Two Full Bath, Close To Everything: Park, TTC, GO, VIVA, Shops, Restaurants, Entertainment, Schools, Bus To York University, Subway To TM U, 24 Hrs Security. Gate House.
ExtrasFridge, Stove, Dishwasher, Dryer, All Window Coverings, Electric Light Fixtures, Parking Space and Locker. Optional: Sofa Set, Dining Table, Twin Bed & Desk.
landpower real estate ltd.MLS® #C9380197
Amenities
Security System
Visitor Parking
Rooftop Deck
Sauna
Party Room
Rec 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
Household Income
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
26
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
LOWchance 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 againProperty Value
-11%
Decrease in property value within the past twelve months
Price Ranking
12th
Highest price per SQFT out of 41 condos in the Newtonbrook area
Sold Units
3
Units were Sold over the past twelve months
Rented Units
17
Units were Rented over the past twelve months
Best Value Rank
Park Palace Condos offers the best value out of 41 condos in the Newtonbrook neighbourhood
?
Appreciation Rank
Park Palace Condos has the highest ROI out of 41 condos in the Newtonbrook neighbourhood
?
Rental Yield
Park Palace Condos yields the highest rent prices out of 41 condos in the Newtonbrook neighbourhood
?
High Demand
Park Palace Condos is the most popular building out of 41 condos in the Newtonbrook neighbourhood
?
Transaction Insights at 8 Pemberton Avenue
| 1 Bed | 2 Bed | |
|---|---|---|
| Price Range | $540,000 | $610,000 - $673,000 |
| Avg. Cost Per Sqft | $927 | $705 |
| Price Range | $2,225 - $3,300 | $2,800 - $3,150 |
| Avg. Wait for Unit Availability | 136 Days | 68 Days |
| Avg. Wait for Unit Availability | 46 Days | 29 Days |
| Ratio of Units in Building | 40% | 61% |
Transactions vs Inventory
Total number of units listed and leased in Newtonbrook
