Maintenance Fees
Park Lane II Condos vs The Newtonbrook Area
206 - 3 Pemberton Ave
$2,3501 bd1 ba1 pk600 - 699 sqft
For RentPark Lane II Condos
5 Days on Strata
$2,350/mth
1 Bed
1 Bath
1 Parking
600 - 699 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Possession Date:
May 1, 2025
Lease Term:
1 Year
Utilities Included:
Yes
Outdoor Space:
Balcony
Furnished:
No
Exposure:
North
Locker:
Owned
Amenities
Security System
Guest Suites
Sauna
Rec Room
Gym Room
Visitor Parking
Indoor Parking
Games Room
Party Room
Concierge
About this Listing
Prime Location In North York, Direct Access To Finch Subway Station, North York Center, Grocery Stores, Banks, Medical Clinic, Variety Of Restaurants, Minutes Drive To Hwy 401 & 404. 25 Minutes Subway To U Of T & Metropolitan U, Direct Bus To York U Campus.
ExtrasRent Includes Hydro, Water, Heat, All Appliances, All Electrical Fixtures, All Window Coverings, One Parking Spot And One Lock Space.
landpower real estate ltd.MLS® #C12055149
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
17.16 x 10.5ft
Dining
Laminate
17.16 x 10.5ft
Kitchen
Ceramic Floor
7.68 x 9.15ft
Bedroom
Laminate
11.78 x 9.15ft
Renter's Market
Balanced
Landlord's Market
Similar Listings
Explore Newtonbrook
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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 II Condos
Days on Strata
Units at Park Lane II Condos spend an average of
36
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
3%
above
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
5.2
YEARS before being sold againProperty Value
-19%
Decrease in property value within the past twelve months
Price Ranking
8th
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
18
Units were Rented over the past twelve months
Best Value Rank
Park Lane II Condos offers the best value out of 51 condos in the Newtonbrook neighbourhood
?
Appreciation Rank
Park Lane II Condos has the highest ROI out of 51 condos in the Newtonbrook neighbourhood
?
Rental Yield
Park Lane II Condos yields the highest rent prices out of 51 condos in the Newtonbrook neighbourhood
?
High Demand
Park Lane II Condos is the most popular building out of 51 condos in the Newtonbrook neighbourhood
?
Market Insights
Transaction Insights at Park Lane II Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | $490,000 - $522,500 | No Data | No Data | $685,000 - $708,000 |
| Avg. Cost Per Sqft | $888 | No Data | No Data | $675 |
| Price Range | $2,000 - $2,500 | $2,700 - $2,950 | No Data | $3,200 - $3,300 |
| Avg. Wait for Unit Availability | 84 Days | 131 Days | No Data | 131 Days |
| Avg. Wait for Unit Availability | 25 Days | 81 Days | 324 Days | 85 Days |
| Ratio of Units in Building | 51% | 23% | 5% | 22% |
Market Inventory
Total number of units listed and leased in Newtonbrook
