401-39 Pemberton Avenue, Toronto, ON

Newtonbrook East, Toronto · MLS® C13611222

$599,000
For Sale
Listed 55 days agoNo offer date stated
2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Welcome to exceptional living in the heart of Yonge & Finch.
  • This beautifully newly renovated 2-bedroom, 2-bathroom condo a bright, thoughtfully designed living space with a functional split-bedroom layout.
  • The stunning brand-new kitchen showcases modern cabinetry, brand new quartz countertops, stylish finishes, and quality craftsmanship, while both fully renovated...
  • The spacious primary bedroom features a walk-in closet and a private 4-piece ensuite, while the open-concept living and dining area walks out to a private balcony...
  • A rare opportunity to own a beautifully renovated condo in one of North York's most convenient and sought-after neighbourhoods.

Welcome to exceptional living in the heart of Yonge & Finch! This beautifully newly renovated 2-bedroom, 2-bathroom condo a bright, thoughtfully designed living space with a functional split-bedroom layout. The stunning brand-new kitchen showcases modern cabinetry, brand new quartz countertops, stylish finishes, and quality craftsmanship, while both fully renovated bathrooms offer a fresh, contemporary feel. The spacious primary bedroom features a walk-in closet and a private 4-piece ensuite, while the open-concept living and dining area walks out to a private balcony, perfect for relaxing or entertaining. This suite includes one underground parking space and one locker for added convenience. Residents enjoy outstanding building amenities, including a 24-hour concierge, fitness centre, party room, library, and visitor parking. Enjoy direct underground access to Finch TTC Subway Station, with GO Transit just steps away, making commuting effortless.Ideally located within walking distance to shopping, restaurants, cafés, parks, and everyday conveniences. Situated near highly regarded schools, including Earl Haig Secondary School (Buyer to verify eligibility). A rare opportunity to own a beautifully renovated condo in one of North York's most convenient and sought-after neighbourhoods.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13611222
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Yonge/Finch
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$955/mo
Exposure
West
Property tax
$2,710 / 2026
Days on market
55
Listing brokerage
TRUSTWELL REALTY INC.
Our TakeTeam Asgarian · Broker
Above what recent sales support
$529Kautomated estimate, from recent sales

Listed at $599,000. Recent sales of homes like it put this one around $529K, so the ask is about 13% above what similar homes have sold for.

If it sells at this ask, expect about $583K, typically $574K to $583K: that is where homes here have closed against their asks in the last 90 days (11 closings).

One thing to square: the homes for sale nearby are asking more than this one. My estimate is built on recent closings, and around here sellers have been asking more than buyers end up paying. So this can be the least expensive home on the street and still be priced ahead of where sales actually land.

List price
$492KBelow recent closings$599KAbove recent closings

Total price vs nearby homes. Fair value about $529K, learned from recent GTA sales.

The market behind the math:

11sold nearby · 90 days
$533Kmedian sold price
96%of asking, on average
−7%prices vs a year ago
~23 dayshomes like this take to sell
55days on market so far
$2,773/moest. rent · 12 leases
5.6%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 6.5 months of inventory: 24 condo apartment homes for sale in the area against 11 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $705/sqft against an area asking average of $744/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $565K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

Its public catchment (Earl Haig Secondary School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($705/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 4 homes sold in this building over the past two years, plus 1 nearby in Newtonbrook East, from 142 closings in Newtonbrook East.

What sellers nearby are askingCurrently listed nearby in Newtonbrook East · asking prices
$643kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $785/sqft; this home lists at $705/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
599kThis home588k549k649k690k737kThis home vs active comparables

Neighbourhood & location

Newtonbrook East, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Willowdale East
$577K
Bayview Village
$440K
Henry Farm
$499K
Mount Pleasant West
$509K
Tam O'Shanter-Sullivan
$499K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Finch Public School
72%
Finch Public SchoolPublic · Elementary · 1.5 km awayAround the GTA average · 72% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Cyril Catholic School · Catholic elementary0.5 km · 90% at standard
Avondale Secondary Alternative School · Public secondary0.6 km
McKee Public School · Public elementary0.8 km · 86% at standard
Drewry Secondary School · Public secondary0.9 km
R J Lang Elementary and Middle School · Public elementary1.1 km · 60% at standard
St Antoine Daniel Catholic School · Catholic elementary1.4 km · 58% at standard
Churchill Public School · Public elementary1.6 km · 83% at standard
Willowdale Middle School · Public elementary1.6 km · 78% at standard
Claude Watson School for the Arts · Public elementary1.7 km · 96% at standard
Newtonbrook Secondary School · Public secondary1.8 km · 68% at standard
Blessed Trinity Catholic School · Catholic elementary1.8 km · 53% at standard
Cardinal Carter Academy for the Arts · Catholic secondary1.9 km · 92% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,730/mo
$132KIncome needed
4.5×Price ÷ income
$630Weekly cost
$16,910Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

70%mortgage
Mortgage $2,730Property tax $226Condo fee $955Total carry $3,911

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,623per month

Mortgage amount $479,200 · 4.39% over 25 years

$119,800Down payment (20.0%)
$479,200Loan before insurance
$0CMHC premium
$3,804Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,623
Property tax
$226
Condo / maintenance fees
$955
Heating
$0
Estimated monthly cost
$3,804

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$8,455
Toronto municipal land transfer tax
$8,455
Estimated closing costs
$16,910

Plus your down payment of $119,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,178/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$307,705Total interest paid
$786,905Total of all payments
Principal $479,200 Interest $307,705
YearPrincipalInterestBalance
1$10,844$20,633$468,356
2$11,325$20,151$457,031
3$11,828$19,649$445,204
4$12,353$19,124$432,851
5$12,901$18,575$419,950
6$13,473$18,003$406,477
7$14,071$17,405$392,406
8$14,696$16,780$377,710
9$15,348$16,128$362,362
10$16,029$15,447$346,333
11$16,741$14,736$329,592
12$17,484$13,993$312,109
13$18,260$13,217$293,849
14$19,070$12,406$274,779
15$19,916$11,560$254,863
16$20,800$10,676$234,063
17$21,723$9,753$212,340
18$22,687$8,789$189,652
19$23,694$7,782$165,958
20$24,746$6,730$141,212
21$25,844$5,632$115,368
22$26,991$4,485$88,376
23$28,189$3,287$60,187
24$29,440$2,036$30,747
25$30,747$729$0

At the end of your 5-year term

Total paid over the term
$157,381
Principal paid down
$59,250
Interest paid
$98,132
Balance remaining
$419,950

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 12 whole-home leases in Newtonbrook East$2,773/mo
$33,276Gross annual rent
2.5%Cap rate after taxes and upkeep
$2,634 to $2,911Typical rent range
~28 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 12 whole-home leases in Newtonbrook East signed at a median of $2,942 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,773. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.6%
Gross yield
− Property tax $2,710− Condo fees $11,458− Insurance $600− Vacancy & upkeep $3,660Net operating income $14,848

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of TRUSTWELL REALTY INC.. MLS®/PropTx.

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