Skip to main
    for rent
    3 Days on Strata
    Est Lease Timeframe:
    23 Days

    1202 - 8 Pemberton Ave

    Park Palace Condos
    $2,850/mth
    2 Beds
    2 Bath
    1 Parking
    900 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History

    Property Type:
    Condo
    Possession Date:
    Nov 19
    Lease Term:
    1 Year
    Utilities Included:
    No
    Furnished:
    Yes
    Outdoor Space:
    Balcony
    Laundry:
    Ensuite, Main
    Locker:
    Owned
    Exposure:
    South

    Amenities

    Concierge
    Gym
    Party Room
    Rec Room
    Visitor Parking

    About this Listing

    Welcome to Park Palace! Large two bedroom two bath unit, nearly 900 sq. ft. and featuring bright south-facing views.Enjoy direct access to Finch Subway Station and live just steps from Yonge Streets vibrant shops, dining, and top-rated schools, including the highly sought-after Earl Haig School zone.This exceptional unit includes a prime parking spot conveniently located in the heart North York. The building boasts great amenities, a well equipped gym, two party rooms and a multipurpose room.Your rent covers heat, water, electricity, and more, ensuring a truly stress-free lifestyle. Nestled on a charming tree-lined street with newly renovated common areas, Park Palace is the perfect blend of comfort, convenience, and lifestyle appeal.

    ExtrasStove, microwave, fridge, dish washer, stacked washer and dryer, one parking and one locker included

    re/max dash realtyMLS® #C12560910

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Included
    Water
    Not Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions

    Room dimensions are not available for this listing.

    Renter's Market
    Balanced
    Landlord's Market

    Building Spotlight

    Similar Listings

    Explore Newtonbrook

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    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
    0 - 14
    12%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    17%
    50 - 64
    23%
    65+
    23%
    Household Income
    $0 - $30,000
    52%
    $30,000+
    25%
    $60,000+
    11%
    $90,000+
    6%
    $125,000+
    4%
    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 Condos

    Days on Strata

    Units at Park Palace Condos spend an average of
    32
    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 a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Newtonbrook

    Turnover of Units

    On average, each unit is owned for
    6.4
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 53 condos in the Newtonbrook area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    16
    Units were Rented over the past twelve months

    Best Value Rank

    Park Palace Condos offers the
    ?
    best value out of 53 condos in the Newtonbrook neighbourhood

    Appreciation Rank

    Park Palace Condos has the
    ?
    highest ROI out of 53 condos in the Newtonbrook neighbourhood

    Rental Yield

    Park Palace Condos yields the
    ?
    highest rent prices out of 53 condos in the Newtonbrook neighbourhood

    High Demand

    Park Palace Condos is the
    ?
    most popular building out of 53 condos in the Newtonbrook neighbourhood

    Market Insights

    Transaction Insights at Park Palace Condos

    1 Bed2 Bed
    Price Range$2,050 - $2,450$2,800 - $3,000
    Avg. Wait for Unit Availability46 Days29 Days
    Ratio of Units in Building38%60%

    Market Inventory

    Total number of units listed and leased in Newtonbrook