Park Lane I Condos
Sold Out Dec 2024
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Park Lane I Condos is a new condominium development by Pemberton Group that is now complete located at 1 Pemberton Avenue, Toronto in the Newtonbrook neighbourhood with a 92/100 walk score and a 100/100 transit score. Park Lane I Condos is designed by Burka Varacalli Architects Inc.. Development is scheduled to be completed in 1999. The project is 25 storeys tall (80m, 262.5ft) and has a total of 192 suites ranging from 563 sq.ft to 1,122 sq.ft. Park Lane I Condos is the #1198 tallest condominium in Toronto and the #27 tallest condominium in Newtonbrook.
Neighbourhoods
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View on MapAbout Newtonbrook
Discover the Charm of Newtonbrook in North York: A Comprehensive Guide to Its Amenities, Real Estate, and Lifestyle
Newtonbrook, located in the northern part of Toronto’s North York district, is a neighborhood that seamlessly blends urban conveniences with suburban tranquility. Known for its diverse community, rich cultural scene, and picturesque landscapes, Newtonbrook is a favored choice for those seeking a balanced lifestyle. Here’s an in-depth look at what makes Newtonbrook stand out:
Why People Love Newtonbrook:
- Perfect Location: With an average commute time of just 30 minutes to downtown Toronto, Newtonbrook is ideal for those who wish to enjoy city life without the hustle and bustle.
- Cultural Diversity: The neighborhood boasts a rich cultural scene, with a variety of restaurants, shops, and community events that cater to all lifestyles.
- Scenic Beauty: Residents enjoy the abundance of green spaces, such as the East Don Parkland, perfect for leisurely strolls or family picnics.
- Quality Education: Newtonbrook is home to top-rated schools like Pleasant Public School and École Secondaire Catholique Monseigneur-De-Charbonnel, ensuring excellent educational opportunities.
- Safe and Family-Friendly: Known for its safe streets and family-oriented community, Newtonbrook is a place where tranquility and security are prioritized.
Local Amenities:
- Public Transit: With a high public transit score, residents have easy access to numerous bus stops and subway stations, ensuring convenient travel around the city.
- Cost of Living: While offering a premium lifestyle, the cost of living in Newtonbrook is 25% higher than the Ontario average, reflecting the quality and desirability of the neighborhood.
- Healthcare Facilities: The area is equipped with top-notch healthcare services, including Sunnybrook – St. John’s Rehab Hospital and various medical clinics and pharmacies.
Real Estate Highlights:
- Vibrant Market: The real estate market in Newtonbrook is dynamic, with properties like 73 Centre Ave and 82 Nipigon Ave being highly sought after. The median selling price for detached homes is $1,785,000.
- Condominiums: Condominiums like M2M, 6080 Yonge, Plaza and Yonge among others offer modern living spaces with convenient amenities, catering to a diverse range of preferences and lifestyles.
Demographics and Income:
- Diverse Population: Newtonbrook is home to a population of 26,506, with a diverse age distribution and cultural background.
- Average Household Income: The average household income in Newtonbrook is $115,710, providing a comfortable living standard for its residents.
- Real Estate Statistics: The home prices in Newtonbrook are 88% higher than the Ontario average, with a home price to income ratio of 19.2x, indicating a premium real estate market.
Newtonbrook offers a harmonious blend of urban convenience, suburban peace, and a high standard of living. Whether you’re a family looking for a safe community with excellent schools or a professional seeking a tranquil home close to the city, Newtonbrook caters to a wide range of needs and preferences. With its vibrant real estate market, diverse amenities, and welcoming community, Newtonbrook stands out as a top choice for those looking to experience the best of North York.
Development team
- Developer
- Architect
Key Information
- Gym / Exercise Room
- Parking Garage
- Enter Phone System
- Public Transit
- Pet Restrictions
- Visitor Parking
- Security Guard
Additional Information
192 Suites
Floor Plans for Park Lane I Condos are coming soon.
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