Park Palace III Condos — Toronto Pre-Construction

Park Palace III is a resale pre-construction condos development by Pemberton Group in Toronto's Newtonbrook. Get pricing, floor plans, deposit structure an…

Park Palace III Quick Facts

Project NamePark Palace III
DeveloperPemberton Group
Address28 Pemberton Avenue
CityToronto
NeighbourhoodNewtonbrook
RegionGreater Toronto Area
Building TypeCondo
Sales StatusResale
Storeys12
Suite Sizes557 – 1 sq ft
PricingRegister for pricing
Occupancy1996-01-01
Walk Score85
Transit Score100

About Park Palace III in Toronto

Park Palace III Condos is a completed condominium development by Pemberton Group at 28 Pemberton Avenue in the Newtonbrook neighbourhood of Toronto. The 12-storey project rises 42 metres (137.8 feet) and contains 130 suites. Architecture is by Page + Steele / IBI Group Architects. Park Palace III Condos was completed in 1996. Suites range from 557 to 1,318 sq. ft. The location has a Walk Score of 85 and a Transit Score of 100. At 42 metres, Park Palace III Condos ranks #25 by height among 38 tracked projects in Newtonbrook.

Park Palace III is also marketed as Park Palace III Condos, and listed in the developer's material as Park Palace III Condos.

Park Palace III Floor Plans & Price List

Floor plans, the current price list and deposit structure for Park Palace III are released to registered buyers first. Request the Park Palace III floor plans and pricing.

Amenities & Finishes

Location: 28 Pemberton Avenue

Park Palace III is located at 28 Pemberton Avenue, Toronto in the Newtonbrook neighbourhood, Greater Toronto Area.

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About the Developer: Pemberton Group

Park Palace III is being developed by Pemberton Group, with architecture by Page + Steele / IBI Group Architects.

See all Pemberton Group pre-construction projects.

How to Buy at Park Palace III

  1. Register early. Allocation at Park Palace III in Toronto is released to platinum brokerages before any public opening, so the best floor plans and lowest release pricing go to registered buyers first.
  2. Review the price list and deposit structure. Deposit structures for Park Palace III are confirmed at each release and can differ for end users, investors and international buyers.
  3. Submit a worksheet. Worksheets rank your preferred suites or lots; they are not binding until the developer issues an allocation.
  4. Sign and use your cooling-off period. Ontario pre-construction condominium purchases carry a 10-day statutory rescission period for lawyer and lender review. Freehold purchases do not.

Closing Costs & Investor Notes for Park Palace III

Budget beyond the purchase price at Park Palace III: development and education levies (usually capped by amendment), Tarion enrolment, utility meter hook-ups, land transfer tax plus the Toronto municipal land transfer tax, HST treatment (the federal/provincial new-housing rebate applies to buyers who occupy or, for investors, the rental rebate applies with a one-year lease), and legal fees.

Assignment rights, rental-during-occupancy rights and capped levies vary release to release at Park Palace III. Confirm each in the current agreement of purchase and sale before you sign.

Park Palace III — Frequently Asked Questions

Where is Park Palace III located?

Park Palace III is located at 28 Pemberton Avenue, Toronto in the Newtonbrook neighbourhood.

Who is the developer of Park Palace III?

Park Palace III is being developed by Pemberton Group.

How much do units at Park Palace III cost?

Pricing for Park Palace III has not been publicly released. Registered buyers receive the price list first.

When is occupancy at Park Palace III?

Estimated occupancy for Park Palace III is 1996-01-01.

How many units are in Park Palace III?

Park Palace III is planned as a 12-storey condo development.

How do I get platinum or VIP access to Park Palace III?

Circle Real Estate provides platinum access to Park Palace III, including first access to floor plans, the price list and worksheet submission. Register on this page to be added to the VIP list.

Register for Park Palace III pricing, floor plans and VIP access on Circle Real Estate.

Last verified: 2026-10-01. Source: RedBricks project feed. Published by Circle Real Estate Brokerage. Prices and incentives are subject to change without notice. E. & O.E.