Re-listed 11 days ago

5740 Yonge St #1201, Toronto, Ontario M2M 0B1

In the same building:
-
Condo
2
2
~700-799 sqft
$•••,•••
$549,900
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Condo
2
2
~700-799 sqft

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Highlights

Property Estimate

Days on market11 days

Total days on market
62 days

Estimated valueNot available

Price/Sqft$737/sqft

Monthly cost

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Description

Spacious Split 2-Bedroom **| 2 Full Bathrooms **| Welcome to luxury living at The Palm Residences, located at the prime intersection of Yonge and Finch**I.Bright and spacious layout. Floor-to-ceiling windows in the living area flood the space with natural light while show casing stunning South views**I. Floor plan provides both privacy and functionality, while the balcony offers a relaxing outdoor retreat**I. The generous primary bedroom easily fits a king-size bed and features a private ensuite bathroom. Ample storage is available throughout the suite, Residents enjoy recently refreshed amenities, including an indoor swimming pool**I, and 24-hour concierge/security**I. Set back from Yonge Street, the building offers a quiet, park-like setting while remaining just steps from a world-class transit hub-including the Finch Subway Station***I, GO Transit***I, and YRT/Viva bus terminal***I. Minutes from Highways 401, 404, 407, and Hwy 7. This vibrate neighborhood is a foodie's paradise, famous for its diverse selection of Korean eateries, Trendy cafes, and international cuisine, and is within easy reach of York University***I, close to Toronto Centre for the Arts**I. Residents enjoy resort-style amenities,a fully equipped gym**I, a sauna, and party room***I. Whether you're commuting across the GTA or enjoying the local culture and entertainment, this unit offers the ultimate urban lifestyle. One Parking***& One Locker*** Included! $$$ Freshly Updated! **: Flooring (Both Bedrooms): 2020; Flooring (rest of the unit, living room, hallway, etc.) : 2022; Guest Bathroom vanity: 2022; In-suite Fan Coil unit - motor (both living room and small bedroom): 2026; Range Hood: 2026; Kitchen Faucet: 2026; Dishwasher: Wash/dryer: 2026; Master Bedroom Vanity and Faucet: 2026; Hallway closet door: 2026. A brand new large format H-Mart Asian grocery store is opening soon, It located just across the street.


Property Details

StyleApartment
View-
Age of property-
SqFt~700-799 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC13768828
Community NameNewtonbrook
Data SourceTRREB
Listing byIGNITE STAR REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Living

4.85 x 3.0

Laminate / W/O To Balcony / South View

Dining

4.85 x 3.0

Laminate / Combined W/Living / Open Concept

Kitchen

2.5 x 2.44

Quartz Counter / Stainless Steel Appl / Breakfast Bar

Primary

3.17 x 3.15

Laminate / 4 Pc Ensuite / South View


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


12Story
Elevator
Amenities

Bike Storage, Concierge, Gym, Indoor Pool, Party/Meeting Room, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
11 days on market
history photo preview34
Listing by trreb®
Property listed by IGNITE STAR REALTY INC., Brokerage
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Market Data - Newtonbrook

Geo Zone Map ThumbnailNewtonbrook

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

45 days

Compared to

2025

44 days

2024

37 days

2023

20 days

New Listings

Past 30 days

29 listings

Compared to

2025

30 listings

2024

27 listings

2023

8 listings

Units sold

Past 30 days

5 units

Compared to

2025

4 units

2024

12 units

2023

2 units

Median Sold Price

Past 30 days

$565,000

Compared to

2025

$435,000

2024

$627,500

2023

$833,500


Population and Demographics

Overview

Total population 26506
Average household income $115,710

Age (%)

0 to 19
15%
20 to 34
22%
35 to 49
19%
50 to 64
21%
65 and plus
22%

Household composition (%)

Single family
62%
Single person
28%
Multi person
8%
Multi family
2%

Mother tongue (%)

English
34%
Iranian Persian
13%
Korean
9%
Mandarin
8%
Tagalog (Pilipino, Filipino)
8%
Russian
8%
Yue (Cantonese)
5%
Others
3%
Spanish
2%
Italian
2%

House tenancy (%)

Owners
53%
Renters
47%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget