228 Pemberton Avenue, Toronto C14

Price: $1,488,000

3 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: C13453646

Situated in the heart of Newtonbrook East, this charming, well-cared-for family home rests on a premium 60 x 146 ft lot within a neighbourhood defined by luxury custom residences. Offering a rare combination of lot size, location, and future potential, this property is ideal for those looking to renovate, rebuild, or invest.The existing home showcases classic character and a functional layout, ready for updates or transformation. The deep backyard provides a private setting with ample space to design your ideal outdoor retreat-whether for entertaining, relaxation, or adding features such as a pool. A long private driveway accommodates multiple vehicles with ease.Zoned R5+, the property offers flexibility for redevelopment, including single-family, duplex, triplex, or fourplex options (buyer to verify all permitted uses). The home is currently rentable, presenting an opportunity to generate income while planning your next steps. Conveniently located near top-rated public, Catholic, and private schools, as well as Finch Subway Station and the future Finch West LRT. Enjoy quick access to Highways 401 and 404, nearby parks, shopping destinations, dining options, and major healthcare facilities.A prime opportunity to secure a substantial lot in one of North York's most desirable and evolving communities. Being sold as is where is, no guarantees or warranties.

228 Pemberton Avenue - Detached photo 1 of 34 in Willowdale / Newtonbrook, Ontario
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$1,488,000 - 228 Pemberton Avenue, Willowdale

Detached for Sale in Willowdale

Neighbourhood: Newtonbrook East

3Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
C13453646
Property Type
Detached
Status
active
Days on Site
16
Bedrooms
3
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Willowdale / Newtonbrook
Listing Brokerage
REAL ESTATE HOMEWARD
Description

Situated in the heart of Newtonbrook East, this charming, well-cared-for family home rests on a premium 60 x 146 ft lot within a neighbourhood defined by luxury custom residences. Offering a rare combination of lot size, location, and future potential, this property is ideal for those looking to renovate, rebuild, or invest.The existing home showcases classic character and a functional layout, ready for updates or transformation. The deep backyard provides a private setting with ample space to design your ideal outdoor retreat-whether for entertaining, relaxation, or adding features such as a pool. A long private driveway accommodates multiple vehicles with ease.Zoned R5+, the property offers flexibility for redevelopment, including single-family, duplex, triplex, or fourplex options (buyer to verify all permitted uses). The home is currently rentable, presenting an opportunity to generate income while planning your next steps. Conveniently located near top-rated public, Catholic, and private schools, as well as Finch Subway Station and the future Finch West LRT. Enjoy quick access to Highways 401 and 404, nearby parks, shopping destinations, dining options, and major healthcare facilities.A prime opportunity to secure a substantial lot in one of North York's most desirable and evolving communities. Being sold as is where is, no guarantees or warranties.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,581.93/mo

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5-yr fixed avg.

Principal: $1,190,400Interest: $784,178
Mortgage Amount$1,190,400
Total Interest$784,178
Est. Property Tax$1,054/mo
Total Cost$1,974,578

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Newtonbrook East

Discover Newtonbrook East

Newtonbrook East is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Newtonbrook East

  • Convenient location in Willowdale / Newtonbrook
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Newtonbrook East offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

228 Pemberton Avenue, Willowdale / Newtonbrook

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,900/mo
Range: $2,465 - $3,335
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,900
Maintenance Fees-$0
Property Tax (est.)-$1,054
Insurance (est.)-$310
Net Cash Flow+$1,536

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $744/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 16 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Willowdale are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Newtonbrook East

I know Newtonbrook East well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    228 Pemberton Avenue | $1,488,000 | Battaglia Team