Maintenance Fees
Park Palace III Condos vs The Newtonbrook Area
MLS Restricted Listing
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for sale
Just Listed
- Est Sell Timeframe:
- 15 Days
28 Pemberton Ave
$XXX,XXX
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Price History
MLS Restricted Listing
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Amenities
Concierge
Visitor Parking
Party Room
Gym
Utilities & Inclusions
- Hydro
- Included
- Heat
- Included
- Air Conditioning
- Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Dimensions
Buyer's Market
Balanced
Seller's Market
Building Spotlight
Similar Listings
Explore Newtonbrook
Map
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.
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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 III Condos
Days on Strata
Units at Park Palace III Condos spend an average of
35
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
5%
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
YEARS before being sold againProperty Value
-17%
Decrease in property value within the past twelve months
Price Ranking
12th
Highest price per SQFT out of 53 condos in the Newtonbrook area
Sold Units
3
Units were Sold over the past twelve months
Rented Units
14
Units were Rented over the past twelve months
Best Value Rank
Park Palace III Condos offers the best value out of 53 condos in the Newtonbrook neighbourhood
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Appreciation Rank
Park Palace III Condos has the highest ROI out of 53 condos in the Newtonbrook neighbourhood
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Rental Yield
Park Palace III Condos yields the highest rent prices out of 53 condos in the Newtonbrook neighbourhood
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High Demand
Park Palace III Condos is the most popular building out of 53 condos in the Newtonbrook neighbourhood
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Market Insights
Transaction Insights at Park Palace III Condos
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | |
|---|---|---|---|---|
| Price Range | No Data | $475,000 | No Data | $650,000 - $662,000 |
| Avg. Cost Per Sqft | No Data | $896 | No Data | $612 |
| Price Range | No Data | $2,300 | $2,700 | $2,800 - $3,100 |
| Avg. Wait for Unit Availability | No Data | 192 Days | 505 Days | 124 Days |
| Avg. Wait for Unit Availability | 841 Days | 110 Days | 477 Days | 32 Days |
| Ratio of Units in Building | 1% | 32% | 5% | 63% |
Market Inventory
Total number of units listed and sold in Newtonbrook
MLS Restricted Listing
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