Park Palace Condos
Sold Out Nov 2024
Floor Plans & Pricing delivered to Your Inbox
Park Palace Condos Price History
Floor Plans for Park Palace Condos are coming soon.
Follow the project to get notified when floor plans & prices become available
Park Palace Condos is a new condominium development by Pemberton Group that is now complete located at 8 Pemberton Avenue, Toronto in the Newtonbrook neighbourhood with a 85/100 walk score and a 100/100 transit score. Park Palace Condos is designed by Page + Steele / IBI Group Architects. Development is scheduled to be completed in 1996. The project is 14 storeys tall (42m, 137.8ft) and has a total of 148 suites ranging from 482 sq.ft to 951 sq.ft. Park Palace Condos is the #628 tallest condominium in Toronto and the #12 tallest condominium in Newtonbrook.
Neighbourhoods
Sales Status
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
- Security Guard
- Public Transit
- Pet Restrictions
- Enter Phone System
- Visitor Parking
- Sauna
Additional Information
148 Suites
Floor Plans for Park Palace Condos are coming soon.
Follow the project to get notified when floor plans & prices become available
- Launch Price/ft
- *****
- Current Price/ft
- $0 /ft
- Change from Launch
- *****