Indoor foyer for 5740 Yonge St #507, Toronto Ontario M2M 0B1
6 hours on Market

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

In the same building:
-
Condo
2
2
~700-799 sqft
$549,800
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Condo
2
2
~700-799 sqft

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Highlights

Property Estimate

Days on market6 hours

Estimated valueNot available

Price/Sqft$737/sqft

Monthly cost

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Description

Welcome to Suite 507 at The Palm Residences - a bright, functional 752 sq ft two-bedroom, two-bath split layout in the heart of Yonge & Finch. The smart split-bedroom design offers real privacy, ideal for roommates, guests, or a work-from-home setup. Open-concept living and dining flows to a private 52 sq ft balcony. Modern kitchen with granite counters and stainless appliances, ensuite laundry, and **owned parking included**. Steps to Finch Subway Station, the GO/YRT/VIVA terminal, and one bus to York University; minutes to Hwy 401 and 404. Groceries, restaurants, cafés, and Hendon Park all within a short walk. Outstanding amenities: indoor pool, sauna/steam room, fully equipped gym, party and games rooms, media room, business centre, rooftop terrace with BBQs, visitor parking, and 24-hour concierge. Currently tenanted month-to-month - turnkey for investors.


Property Details

StyleApartment
View-
Age of property-
SqFt~700-799 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC13656176
Community NameNewtonbrook
Data SourceTRREB
Listing byRE/MAX CITY ACCORD REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Kitchen

2.67 x 2.44

Modern Kitchen / Stainless Steel Appl / Granite Counter

Living

5.41 x 3.38

Laminate / Combined W/Dining

Dining

5.41 x 3.38

Laminate / Combined W/Living

Primary

3.12 x 2.97

Broadloom / 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

Aug 10, 2026
ListedActive
$549,800
6 hours on market
history photo preview18
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

45 days

Compared to

2025

39 days

2024

28 days

2023

36 days

New Listings

Past 30 days

15 listings

Compared to

2025

22 listings

2024

32 listings

2023

11 listings

Units sold

Past 30 days

4 units

Compared to

2025

9 units

2024

11 units

2023

8 units

Median Sold Price

Past 30 days

$528,500

Compared to

2025

$545,000

2024

$670,000

2023

$674,750


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