2308 - 3 Pemberton Ave

1 / 34

For SalePark Lane II Condos

$698,000

1 Bed + 1

1 Bath

1 Parking

700 SQFT

51 Days on Strata

Est Sell Timeframe

11 Days

Listing History

Unit Highlights

Property Type:

Condo

Maintenance Fees:

$765/mth

Taxes:

$2,282 (2024)

Cost Per Sqft:

$997/sqft

Locker:

Owned

Outdoor Space:

Balcony

Exposure:

South East

Possession Date:

To Be Arranged

Laundry:

Main

Buyer's Market

Balanced

Seller's Market

Maintenance Fees

Included

Hydro

Heat

Air Conditioning

Water

Parking

Building Maintenance

Building Insurance

Excluded

None

Utility Type

Air Conditioning: Central Air
Heat Source: Electric
Heating: Fan Coil

Room Dimensions

Living

Combined with Dining, Walkout To Balcony, Hardwood Floor

18.57 x 10.93ft

Dining

Combined with Living, Hardwood Floor

18.57 x 10.93ft

Kitchen

Updated, Picture Window, Marble Floor

8.1 x 7.45ft

About this Listing

North York's Finest Condominium, Very Bright Sub Penthouse, Spacious Corner Unit With Unobstructed Balcony, 1 Bedroom + 1 Den (Can Be Second Bedroom With L-Shaped Windows And Large Double Closet), Engineering Hardwood Flooring Through Out (Even In Storage), Corner Underground Parking Space, Direct Underground Access To TTC Finch Subway Station (Without Going Out Of The Building). Steps To York Transit, Viva And GO Transit, Close To All Amenities, Drug Store, Restaurants, Supermarket, And Banks, *** Cummer Valley Middle School And Earl Haig Secondary School District***, *** Utilities Included***, ***Parking And Locker On Level One, Closer To Elevator***, ***24 Hours Security Gatehouse***, ***Building Elevators Renovated In 2024***. Magnificent View Of Sun Rising And/Or Supermoon, Also Meteor Shower.

ExtrasExisting Samsung Stainless Steel Fridge, Samsung SS Electric 5 Burners Range W/ Storage Drawer, Exhaust Fan,Samsung SS Built-In Dishwasher(2020),Stacked Electrolux Washer & Dryer With Laundry Board,Existing Light Furnitures,Window Coverings

landpower real estate ltd.MLS® #C9351323

Amenities

Concierge

Party Room

Rec Room

Security System

Sauna

Indoor Parking

Explore Neighbourhood

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.

Similar Listings

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

Average Household Income

$115,798

Dominant Housing Type

Detached

Population By Age

0 - 14

12%

15 - 19

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+

$125,000+

Housing Types & Tenancy

Detached

51%

Semi Detached

20%

Low Rise Apartment

12%

High Rise Apartment

Duplex

Marital Status

Commute

Languages (Primary Language)

English

54%

Cantonese

17%

Mandarin

13%

Other

12%

Tamil

Tagalog

Education

University and Above

28%

High School

27%

None

20%

College

16%

Apprenticeship

University Below Batchelor

Major Field of Study

Business Management

28%

Architecture & Engineering

18%

Health & Related Fields

11%

Social Sciences

10%

Math & Computer Sciences

Physical Sciences

Humanities

Education

Personal, Protective & Transportation Services

Visual & Performing Arts

Agriculture & Natural Resources

Price Trends

Maintenance Fees

Park Lane II Condos vs The Newtonbrook Area

Building Trends At Park Lane II Condos

Days on Strata

Units at Park Lane II Condos spend an average of

Days on Strata

based on recent sales

List vs Selling Price

On average, these condos sell for

above

the list price.

Offer Competition

Condos in this building have an

AVERAGE

chance of receiving

Multiple Offers

compared to other buildings in Newtonbrook

Turnover of Units

On average, each unit is owned for

5.1

YEARS before being sold again

Property Value

-22%

Decrease in property value within the past twelve months

Price Ranking

14th

Highest price per SQFT out of 41 condos in the Newtonbrook area

Sold Units

Units were Sold over the past twelve months

Rented Units

Units were Rented over the past twelve months

Best Value Rank

Park Lane II Condos offers the

best value out of 41 condos in the Newtonbrook neighbourhood

Appreciation Rank

Park Lane II Condos has the

highest ROI out of 41 condos in the Newtonbrook neighbourhood

Rental Yield

Park Lane II Condos yields the

highest rent prices out of 41 condos in the Newtonbrook neighbourhood

High Demand

Park Lane II Condos is the

most popular building out of 41 condos in the Newtonbrook neighbourhood

Transaction Insights at 3 Pemberton Avenue

	1 Bed	1 Bed + Den	2 Bed	2 Bed + Den
Price Range	$490,000 - $515,000	No Data	No Data	$685,000 - $690,000
Avg. Cost Per Sqft	$917	No Data	No Data	$670
Price Range	$2,300 - $2,600	$2,650 - $2,950	No Data	$3,200 - $3,450
Avg. Wait for Unit Availability	83 Days	125 Days	686 Days	144 Days
Avg. Wait for Unit Availability	25 Days	83 Days	324 Days	90 Days
Ratio of Units in Building	51%	24%	6%	21%

Transactions vs Inventory

Total number of units listed and sold in Newtonbrook