Maintenance Fees
Park Lane I Condos vs The Newtonbrook Area
1802 - 1 Pemberton Ave
$2,7992 bds1 ba1 pk700 - 799 sqft
For RentPark Lane I Condos
48 Days on Strata
$2,799/mth
Price Cut: $2,900
Price Cut: $2,900
2 Beds
1 Bath
1 Parking
700 - 799 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Possession Date:
April 1, 2025
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
North East
Locker:
Owned
Laundry:
Ensuite
Amenities
Rec Room
Indoor Parking
Security System
Concierge
Games Room
Party Room
Bike Storage
Gym Room
Visitor Parking
About this Listing
It doesn't get better than this - Rarely available for lease - Large, Bright 1 + 1 Corner Unit with Balcony, Parking, Locker AND Exceptionally Located with Direct Underground Access to TTC Finch Subway (NO Coats or Boots required) ! Fully Renovated in 2025! be the first to appreciate this Never lived-in, Upgraded Unit: Brand New Whirlpool S/S Kitchen appliances, Quartz Countertops, Ceramic Backsplash, Shaker Cabinetry. Wide-Plank Vinyl Floors; 2' X 2' Ceramic Tiles (Kitchen, Washroom), (2' X 4' in Foyer). Brand new Hotel-Style 4-Piece Washroom. Stackbale Laundry and large Hallway Closet with mirrored doors. Very functional layout: Split Bedroom & Den allows for work @ Home; Wall to Wall, floor to ceiling windows for maximum Natural Light exposure. Enjoy Sunsets from you Private balcony. Ideal for Young Professional Singles or Couple. All Utilities are included in the Rent! Freshly painted in Neutral, Bright off-white. Designated Parking space on P1 near door; Private Storage Locker on same level.
ExtrasBrand new Stainless Steel Kitchen Appliances: Whirlpool Fridge, Ceran-Top Stove, built-In DW; NuTone Range Hood Fan. Moen Shower Tap. Quartz Counters, Ceramic and Vinyl Floors.
sutton group-admiral realty inc.MLS® #C11976185
Fees & Utilities
Utilities Included
Rent Includes
Parking
Not Included
Hydro
Heat
Air Conditioning
Water
Utility Type
Air Conditioning
Central Air
Heat Source
Gas
Heating
Forced Air
Room Dimensions
Living
Vinyl Floor, Open Concept, Walkout To Balcony
19.62 x 10.99ft
Dining
Vinyl Floor, Open Concept, Combined with Living
19.62 x 10.99ft
Kitchen
Ceramic Floor, Stone Counter, Window
7.68 x 7.51ft
Primary
Vinyl Floor, Large Closet, Large Window
14.67 x 10.04ft
2nd Bedroom
Vinyl Floor, Nw View, Large Window
11.16 x 8.5ft
Foyer
Ceramic Floor, 4 Piece Bath, Large Closet
12.93 x 5.12ft
Renter's Market
Balanced
Landlord's Market
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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.
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%
Building Trends At Park Lane I Condos
Days on Strata
Units at Park Lane I Condos spend an average of
42
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
1%
below
the 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
4.8
YEARS before being sold againProperty Value
-2%
Decrease in property value within the past twelve months
Price Ranking
7th
Highest price per SQFT out of 51 condos in the Newtonbrook area
Sold Units
6
Units were Sold over the past twelve months
Rented Units
14
Units were Rented over the past twelve months
Best Value Rank
Park Lane I Condos offers the best value out of 51 condos in the Newtonbrook neighbourhood
?
Appreciation Rank
Park Lane I Condos has the highest ROI out of 51 condos in the Newtonbrook neighbourhood
?
Rental Yield
Park Lane I Condos yields the highest rent prices out of 51 condos in the Newtonbrook neighbourhood
?
High Demand
Park Lane I Condos is the most popular building out of 51 condos in the Newtonbrook neighbourhood
?
Market Insights
Transaction Insights at Park Lane I Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|
| Price Range | $506,000 - $572,000 | $588,000 | No Data | $679,000 | No Data |
| Avg. Cost Per Sqft | $941 | $846 | No Data | $719 | No Data |
| Price Range | $2,300 - $2,450 | $2,400 - $2,700 | No Data | $3,500 - $4,000 | No Data |
| Avg. Wait for Unit Availability | 92 Days | 185 Days | No Data | 160 Days | No Data |
| Avg. Wait for Unit Availability | 24 Days | 77 Days | No Data | 80 Days | No Data |
| Ratio of Units in Building | 53% | 23% | 3% | 21% | 2% |
Market Inventory
Total number of units listed and leased in Newtonbrook
