Maintenance Fees
Park Palace II Condos vs The Newtonbrook Area
400 - 18 Pemberton Ave
$2,3001 bd1 ba1 pk573 sqft
For RentPark Palace II Condos
20 Days on Strata
$2,300/mth
1 Bed
1 Bath
1 Parking
573 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Possession Date:
May 15, 2025
Lease Term:
1 Year
Utilities Included:
Yes
Outdoor Space:
None
Furnished:
No
Exposure:
North East
Locker:
None
Amenities
Rec Room
Indoor Parking
Guest Suites
Security System
Concierge
Party Room
Media Room
Rooftop Deck
Bike Storage
Gym Room
Visitor Parking
About this Listing
Prime location. Yonge/Finch. This 1-bedroom condo is in the heart of North York's high demand area. Direct access to Finch TTC Station. Key Features: Spacious & bright layout with laminate flooring in the living/dining room & bedroom. Modern style flooring in kitchen & foyer. 3-pc bathroom for added convenience. Ensuite laundry. 24/7 concierge for security & peace of mind. Indoor gym & more. 1 underground parking. All-Inclusive living!: Utilities included: Heat, Hydro & Water. Unbeatable Location: Walk to shopping, banks, restaurants & more. Easy access to subway, transit & major highways. A must-see! Don't miss this amazing opportunity. Schedule your viewing today! No smoking/marijuana/vaping/pet. Photos were taken pre tenanted.
ExtrasFridge, stove & hood, B/I D/W, cloth washer & dryer, all elf & window coverings.
homelife culturelink realty inc.MLS® #C12026977
Fees & Utilities
Utilities Included
Rent Includes
Hydro
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Laminate, Combined with Dining, Window
15.55 x 24.61ft
Dining
Laminate, Combined with Living
15.55 x 24.61ft
Kitchen
Ceramic Floor, Open Concept, Ceramic Back Splash
8.76 x 7.55ft
Bedroom
Laminate, Closet
8.01 x 8.01ft
Renter's Market
Balanced
Landlord's Market
Similar Listings
Explore Newtonbrook
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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.
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 Palace II Condos
Days on Strata
Units at Park Palace II Condos spend an average of
40
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
LOWchance of receiving
Multiple Offers
compared to other buildings in Newtonbrook
Turnover of Units
On average, each unit is owned for
6.8
YEARS before being sold againProperty Value
5%
Increase in property value within the past twelve months
Price Ranking
9th
Highest price per SQFT out of 51 condos in the Newtonbrook area
Sold Units
3
Units were Sold over the past twelve months
Rented Units
11
Units were Rented over the past twelve months
Best Value Rank
Park Palace II Condos offers the best value out of 51 condos in the Newtonbrook neighbourhood
?
Appreciation Rank
Park Palace II Condos has the highest ROI out of 51 condos in the Newtonbrook neighbourhood
?
Rental Yield
Park Palace II Condos yields the highest rent prices out of 51 condos in the Newtonbrook neighbourhood
?
High Demand
Park Palace II Condos is the most popular building out of 51 condos in the Newtonbrook neighbourhood
?
Market Insights
Transaction Insights at Park Palace II Condos
| Studio | 1 Bed | 2 Bed | 3 Bed | |
|---|---|---|---|---|
| Price Range | No Data | $495,000 - $528,888 | $538,000 | No Data |
| Avg. Cost Per Sqft | No Data | $859 | $687 | No Data |
| Price Range | No Data | $2,150 - $2,500 | $2,800 - $3,000 | No Data |
| Avg. Wait for Unit Availability | No Data | 272 Days | 159 Days | 291 Days |
| Avg. Wait for Unit Availability | 877 Days | 91 Days | 62 Days | 451 Days |
| Ratio of Units in Building | 2% | 35% | 56% | 9% |
Market Inventory
Total number of units listed and leased in Newtonbrook
