Maintenance Fees
Park Palace II Condos vs The Newtonbrook Area
401 - 18 Pemberton Ave S
$514,9991 bd1 ba1 pk600 - 699 sqft
For SalePark Palace II Condos
18 Days on Strata
$514,999
1 Bed
1 Bath
1 Parking
600 - 699 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$621/mth
Taxes:
$1,925 (2024)
Cost Per Sqft:
$737 - $858/sqft
Outdoor Space:
None
Locker:
Owned
Exposure:
North West
Possession Date:
Immediately
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
Newly renovated stylish and modern 1 bedroom condo with DIRECT indoor access to Finch Subway station from the P1 level (3 mins underground to your subway directly from your elevator without going outside). This gorgeous open-concept Kitchen features beautiful quartz countertops with a stunning backsplash. Brand new full size stainless steel fridge, stove, dishwasher and hood fan (never used), plenty of storage in brand new cabinets with porcelain tiles and a breakfast bar. Living and dining room have a bright and airy open concept that allows for great furniture placement. Primary bedroom features pot lights, double door mirrored closets and a large window with plenty of light. Fully renovated main bathroom which is spa worthy and features pot lights, tub/shower combo with upgraded tiles and a beautiful vanity. Enjoy the convenience of urban living with easy access to transit, shopping, dining and entertainment. 30 minutes to downtown Toronto (union station by subway) Move in ready! Don't miss this opportunity!
ExtrasNew Stove, New Fridge, New Dishwasher, New Hood Fan, Washer, Dryer, All window coverings, All Electrical Light Fixtures
royal lepage meadowtowne realtyMLS® #C12030821
Fees & Utilities
Maintenance Fees
Included in Fees
Hydro
Heat
Water
Parking
Not Included
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Fan Coil
Room Dimensions
Living
Combined with Dining, Laminate
18.93 x 10.6ft
Dining
Combined with Living, Laminate
18.93 x 10.6ft
Primary
Laminate, Mirrored Closet, Pot Lights
14.44 x 10.04ft
Kitchen
Breakfast Bar, Quartz Counter, Modern Kitchen
7.74 x 7.42ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
Explore Newtonbrook
Commute Calculator
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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 sold in Newtonbrook
