The Paramount

1 - About The Paramount

• Address: 39 Pemberton Ave, North York
• Neighbourhood: Newtonbrook East, North York, Toronto
• Storeys: 12
• Units: 173
• Built Year: 1997
• Builder: Newtonbrook East
• Building Type: High-Rise Condo
• Suite Sizes: 587 - 1,570 sq. ft.
• Average Price: $687 / sq. ft.

2 - Overview of The Paramount

The Paramount is a 12-storey high-rise condominium built in 1997 at 39 Pemberton Avenue. It contains 173 units and serves as an established residence in the Newtonbrook East area of North York.

The area has transitioned from mid-century detached housing to a mix of high-density corridors and modern infill developments. This shift integrates the building into a contemporary urban context.

The structure represents the residential intensification of North York during the late 20th century. Its 1997 construction allows for unit distributions that balance density with traditional floor plans.

3 - Suite Sizes & Value

Suite sizes range from 587 square feet to 1,570 square feet. This range accommodates various floor plans, from one-bedroom units to larger multi-bedroom layouts.

Units exceeding 1,500 square feet provide floor space often absent in newer high-rise developments. These larger configurations serve as a primary differentiator for the building within the local market.

The average price is $687 / sq. ft. This valuation reflects the building's age and the utility of its larger floor plans.

4 - Building Amenities & Features

Building amenities and features for this property are not currently available.

5 - Location Highlights

• Major Intersection: Yonge Street and Finch Avenue
• Transit Access: Proximity to the Finch transit corridor, providing access to the TTC subway and regional transit systems
• Natural Geography: Located between the east and west branches of the Don River
• Neighbourhood Composition: A mix of historical 1950s subdivisions and recent residential infill developments

6 - Lifestyle Near The Paramount

Newtonbrook East has evolved from a 19th-century milling settlement into a multicultural residential hub. Residents experience a suburban feel within an urban setting, featuring established streets and newer townhouse complexes.

The community is characterized by its diverse immigrant population and a median individual income of $52,268. The area balances established subdivisions with the high-activity Yonge Street corridor.

7 - About the Developer

Developer details for this project are not currently available.