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The Paramount Condos

Sold Out Nov 2024

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The Paramount Condos is a new condominium development by Pemberton Group that is now complete located at 39 Pemberton Avenue, Toronto in the Newtonbrook neighbourhood with a 89/100 walk score and a 100/100 transit score. The Paramount Condos is designed by Burka Varacalli Architects Inc.. Development is scheduled to be completed in 1997. The project is 12 storeys tall (36m, 118.1ft) and has a total of 173 suites ranging from 587 sq.ft to 1,570 sq.ft. The Paramount Condos is the #482 tallest condominium in Toronto and the #7 tallest condominium in Newtonbrook.

Neighbourhoods

Newtonbrook
63 Total Projects
Neighbourhood in Toronto

Sales Status

View on Map
Actively Selling
6
Actively Selling
Launching Soon
0
Launching Soon
Registration Phase
25
Registration Phase
Sold Out
4
Sold Out
Resale
28
Resale

About 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:

  1. 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.
  2. Cultural Diversity: The neighborhood boasts a rich cultural scene, with a variety of restaurants, shops, and community events that cater to all lifestyles.
  3. Scenic Beauty: Residents enjoy the abundance of green spaces, such as the East Don Parkland, perfect for leisurely strolls or family picnics.
  4. Quality Education: Newtonbrook is home to top-rated schools like Pleasant Public School and École Secondaire Catholique Monseigneur-De-Charbonnel, ensuring excellent educational opportunities.
  5. 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

Location
Developer
Completion
1997
Sales Status
Resale
Development Status
Complete
Building Type
Condo
Price Range
-
Suite Sizes
Avg. Price (/ft)
-
Parking Price
-
Locker Price
-
Mt. Fees (/ft)
-
  • Gym / Exercise Room
  • Parking Garage
  • Enter Phone System
  • Concierge
  • Pet Restrictions
  • Visitor Parking
  • Security Guard

Additional Information

Walk Score
89 / 100
Transit Score
100 / 100
Interior Designer
-
Sales & Marketing Company
-
Count
12 Floors
173 Suites
Height (M)
36 m
Height (Ft)
118.1 ft
Data last updated: September 15th, 2024

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Launch Price/ft
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Current Price/ft
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Key Information

Location
Developer
Completion
1997
Sales Status
Resale
Development Status
Complete
Building Type
Condo
Price Range
-
Suite Sizes
Avg. Price (/ft)
-
Parking Price
-
Locker Price
-
Mt. Fees (/ft)
-
  • Gym / Exercise Room
  • Parking Garage
  • Enter Phone System
  • Concierge
  • Pet Restrictions
  • Visitor Parking
  • Security Guard

Additional Information

Walk Score
89 / 100
Transit Score
100 / 100
Interior Designer
-
Sales & Marketing Company
-
Count
12 Floors
173 Suites
Height (M)
36 m
Height (Ft)
118.1 ft
Data last updated: September 15th, 2024