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1 year on Market

5740 Yonge St #1204, Toronto, Ontario M2M 0B1

In the same building:
-
Condo
2
2
- sqft
$849,888
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Condo
2
2
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$3,650/mo

Maintenance fees$741/mo

Tax Amount (2022)$2,446/yr

Days On Market1 year


Description

Rarely offered in the sought after "The Palms" condo building in the heart of North York! Unbeatable location with the subway 500m from the building, plus a short walk to Go and TTC! Although no car is needed here, this unit boasts rarely offered 2 underground parking spots, easily rented if not needed. This 2 bed, 2 bath unit is one of the few with over 9 foot ceilings (only offered on two levels) and 2 balconies (one off the primary bedroom), giving tons of natural light from its floor to ceiling windows! Interior boasts a remodeled kitchen with custom built pantry giving great kitchen space, plus granite counters, laminate flooring, newer SS appliances, ensuite laundry. This building has everything you need for amenities: indoor pool and steam room, gym, concierge, conference room, party room with full kitchen and a beautiful outdoor patio/BBQ area.


Property Details

Style-
View-
Age of property6-15
SqFt-
Lot Size-
Parking Spaces2
MLS ®NumberC6223119
Community NameNewtonbrook
Data SourceTRREB
Listing byCentury 21 B.J. Roth Realty Ltd. Brokerage

Features

Cooling: Central Air

Main Floor

Den

1.85 x 1.85

Br

2.90 x 3.91

Bathroom

Ensuite Bath

Br

3.38 x 2.90


Parking

Garage spaces -

Garage type -

Total parking spaces 2


Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jun 22, 2023
ListedActive
$849,888
1 year on market
Listing by trreb®
Property listed by Century 21 B.J. Roth Realty Ltd. Brokerage, Brokerage

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Market Data - Newtonbrook

Geo Zone Map ThumbnailNewtonbrook

Strong Buyer's Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

44 days

Compared to

2024

74 days

2023

47 days

2022

15 days

New Listings

Past 30 days

39 listings

Compared to

2024

33 listings

2023

9 listings

2022

1 listing

Units sold

Past 30 days

6 units

Compared to

2024

3 units

2023

6 units

2022

8 units

Median Sold Price

Past 30 days

$565,000

Compared to

2024

$675,000

2023

$575,000

2022

$685,500


Population and Demographics

Overview

Total population 26506
Average household income $115,710

Age (%)

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

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%

Schools and amenities

Estimated Budget