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    18 Pemberton Avenue

    Park Palace II Condos
    3for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    12
    Number of Units:
    101
    Condo Completion:
    1996
    Condo Demand:
    High
    Unit Size Range:
    512 - 1,300 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Park Palace II Condos

    Receive listing updates for Newtonbrook

    Amenities

    Guest Suites
    Concierge
    Security System
    Indoor Parking
    Rooftop Deck
    Gym Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 18 Pemberton AvenuePark Palace II Condos

    Anyone who’s seeking a Toronto condo for sale should definitely consider Park Palace II Condos at 18 Pemberton Avenue. Pemberton Group completed this building back in 1996, but unlike other buildings of that age, maintenance fees are actually on the higher end at $0.92 per-square-foot. The building is 12 storeys tall and is home to 101 suites. Units start at 512 square feet on the low end, and can go up to 1300 square feet.

    This condo has a Walk Score of 88 and a high demand ranking, based on Strata.ca’s analytics. Maintenance fees at 18 Pemberton Avenue are $0.92 per-square-foot, which is notably higher than the city average of about $0.67.

    The Suites

    The average cost per-square-foot for a unit at 18 Pemberton Avenue is $858 based on the past 12 months of sales, making this one of the most expensive buildings in the area. These suites have a low probability of receiving multiple offers.

    Units at Park Palace II Condos spend 14 days on the market on average and usually sell for -1.86% below the listing price. In the last 12 months, 9 units have rented, and 2 have sold.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Burrito Place, Mega Street Food Complex and Puck 'N Wings are all within 4 minutes walking distance from 18 Pemberton Avenue. There’s always time for coffee with Tim Hortons, Timothy's World Coffee and Starbucks a short 6-minute walk away.

    Grocery shopping is never a chore with stores such as Food Basics, Metro and H Mart North York in the area.

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

    Getting some fresh air is a breeze when you live at 18 Pemberton Avenue because excellent green spaces like Bishop Park and Finch Parkette are walkable in under 3 minutes.

    Like to shop? Everything you need is close by when you live at 18 Pemberton Avenue, including Collaboht Branding, Yonge Connaught Plaza and Whohou Marketplace which are only 2 away.

    When the weekend rolls around, GallerySunami, Irena Art Gallery and Pars Art Gallery are within a short 3-minute drive away. 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. This location is a great choice for families who are seeking top-notch educational institutions like Jonas High School, Horizons Secondary School and Avondale Secondary Alternative School.

    Transportation

    If you commute by public transit then the Newtonbrook neighbourhood is a great choice, as you’ll find the Finch Ave East At Kenneth Ave light transit stop makes it easy to get around. Transit riders will love living just 0 minutes from Finch Station.

    If you’re interested in checking out other similar condos within walking distance, you might like 8 Pemberton Avenue, 39 Pemberton Avenue and 7 Bishop Avenue.

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    Explore Newtonbrook

    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 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

    Park Palace II Condos vs The Newtonbrook Area

    Days on Strata

    Units at Park Palace II Condos spend an average of
    14
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    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
    6.7
    YEARS before being sold again

    Property Value

    15%
    Increase in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 41 condos in the Newtonbrook area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    9
    Units were Rented over the past twelve months

    Best Value Rank

    Park Palace II Condos offers the
    ?
    best value out of 41 condos in the Newtonbrook neighbourhood

    Appreciation Rank

    Park Palace II Condos has the
    ?
    highest ROI out of 41 condos in the Newtonbrook neighbourhood

    Rental Yield

    Park Palace II Condos yields the
    ?
    highest rent prices out of 41 condos in the Newtonbrook neighbourhood

    High Demand

    Park Palace II Condos is the
    ?
    most popular building out of 41 condos in the Newtonbrook neighbourhood

    Transaction Insights at 18 Pemberton Avenue

    Studio1 Bed2 Bed3 Bed
    Price RangeNo Data$528,888$697,000No Data
    Avg. Cost Per SqftNo Data$898$859No Data
    Avg. Wait for Unit AvailabilityNo Data315 Days151 Days291 Days
    Ratio of Units in Building3%34%56%9%

    Unit Sales vs Inventory

    Total number of units listed and sold in Newtonbrook