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402 - 18 PEMBERTON AVENUE, Toronto (Newtonbrook East) — listed at $398,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Welcome To Park Palace Ii Condos. High Demand Yonge/Finch Location. Fantastic 1 Bedroom Unit, Bright & Spacious Layout, Clean & Well-Maintained, Laminate Flooring Throughout. Updated Kitchen and Appliances. 24hr Concierge Security. Includes 1 Parking & 1 Locker. Direct Access to Finch Subway, Step To Bus, Restaurants, Parks, Shopping, Schools, Etc. (id:60164)
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $2,081.28, a condo/maintenance fee of $637.5/mo, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is this a good starter home?+
At $398,000, this is priced in starter-home territory for Toronto (Newtonbrook East). Factor in condo fees when calculating your true monthly cost.
What do the condo/maintenance fees cover?+
The $637.5/mo fee covers: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Does it have a basement, and is it finished?+
The listing describes the basement as: None. Confirm the finishing status during a showing — it affects both livable space and resale value.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
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