511 - 8 Pemberton Ave
1 / 23
For SalePark Palace CondosEst Sell Timeframe 9 Days
$519,000
1 Bed
1 Bath
1 Parking
600 - 699 SQFT
4 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$588/mth
Taxes:
$1,946 (2023)
Cost Per Sqft:
$742 - $865/sqft
Locker:
Owned
Outdoor Space:
Balcony
Exposure:
North West
Possession Date:
Immediately
Laundry:
Ensuite
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
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
Combined with Den, Walkout To Balcony, Open Concept
17.29 x 10.5ft
Dining
O/Looks Living, Laminate
17.29 x 10.5ft
Kitchen
Renovated, Quartz Counter, Stainless Steel Appliances
9.84 x 7.61ft
About this Listing
Superb location at Yonge/Finch Subway with direct underground access to the building. A Walk Score of 92/100, so daily errands do not require a car. GO, VIVA & York Bus terminals nearby. Very easy access to downtown within 30 minutes using the Yonge subway line. Shops, supermarkets, restaurants at Yonge St.; North York City Center, library and parks are just a quick stroll away. The suite is freshly painted and move-in ready!
ExtrasAll Kitchen Appliances, Washer/Dryer, Window Blinds & Electric Light Fixtures.
re/max atrium home realtyMLS® #C10432122
Amenities
Party Room
Security System
Visitor Parking
Concierge
Gym Room
Sauna
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
42
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
100%
of the list price.
Or in other words, the
Or in other words, the
entire list price
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Newtonbrook
Turnover of Units
On average, each unit is owned for
6.4
YEARS before being sold againProperty Value
-3%
Decrease in property value within the past twelve months
Price Ranking
4th
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
18
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 | $632,000 - $673,000 |
| Avg. Cost Per Sqft | $927 | $724 |
| Price Range | $2,225 - $3,100 | $2,800 - $3,150 |
| Avg. Wait for Unit Availability | 136 Days | 72 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 sold in Newtonbrook
