trreb/IMG-C14119416_0a4f856494cb117d01830a0f466f7374465035856cb1cdb588a079b5f8a56447.jpg
1 day on Market

5740 Yonge St #507, Toronto, Ontario M2M 0B1

In the same building:
-
Condo
2
2
~700-799 sqft
$499,800
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Condo
2
2
~700-799 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$670/sqft

Monthly cost

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Description

Welcome to Suite 507 at The Palm Residences-a bright, recently renovated 752 sq ft two-bedroom, two-bathroom suite in the heart of Yonge & Finch. Featuring new flooring and fresh paint throughout, this inviting home offers a functional split-bedroom layout. Open-concept living and dining areas extend to a private 52 sq ft balcony, while the modern kitchen features granite countertops and stainless steel appliances. Ensuite laundry and owned parking add everyday convenience. Steps to Finch Subway Station and the GO/YRT/VIVA terminal, with a direct bus connection to York University and easy access to Highways 401 and 404. Enjoy outstanding amenities, including an indoor pool, sauna and steam room, fully equipped gym, party and games rooms, media room, business centre, rooftop terrace with BBQs, visitor parking, and 24-hour concierge.


Property Details

StyleApartment
View-
Age of property-
SqFt~700-799 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC14119416
Community NameNewtonbrook
Data SourceTRREB
Listing byRE/MAX CITY ACCORD REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Kitchen

2.66 x 2.43

Modern Kitchen / Stainless Steel Appl / Granite Counter

Living

5.41 x 3.37

Laminate / Combined W/Dining

Dining

5.41 x 3.37

Laminate / Combined W/Living

Primary

3.12 x 2.97

Laminate / 4 Pc Ensuite / Large Window


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


05Story
Amenities

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

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Oct 27, 2026
ListedActive
$499,800
1 day on market
history photo preview15
Listing by trreb®
Property listed by RE/MAX CITY ACCORD 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

40 days

Compared to

2025

34 days

2024

34 days

2023

39 days

New Listings

Past 30 days

18 listings

Compared to

2025

28 listings

2024

27 listings

2023

21 listings

Units sold

Past 30 days

6 units

Compared to

2025

9 units

2024

9 units

2023

1 unit

Median Sold Price

Past 30 days

$509,000

Compared to

2025

$540,000

2024

$550,000

2023

$735,000


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