5740 Yonge Street, Toronto C07, ON

$598,000
MLS#:C12253918
2 beds
2 baths
700-799 sqft
1.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["Apartment"] condo apartment located in the coveted neighborhood of Newtonbrook West. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $598,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-799 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Ventilation System
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Location, Location, Location! Welcome to Unit 501 at The Palm Residences a rare 2-bedroom, 2-bathroom suite that perfectly blends comfort, privacy, and urban convenience in the heart of North York. Just steps from Yonge & Finch and only a one-minute walk to Finch Subway Station, this bright and spacious unit features a smart split-bedroom layout and an open-concept living area. The modern kitchen is equipped with granite countertops, stainless steel appliances, and ample storage ideal for everyday living or entertaining. The sunlit living and dining space extends to your private balcony, offering a peaceful escape above the city. Residents enjoy premium amenities including a 24-hour concierge, indoor pool, fitness center, restaurant, and easy access to major transit options. Whether you're upsizing, investing, or simply looking for a lifestyle upgrade, This unit offers move-in-ready elegance in one of Toronto's most sought-after neighborhoods.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateSeptember 12, 2025
Sold price information is available to members only
Listed Date6/30/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionBrick, Concrete
CountyToronto
Annual Tax$2,504

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Clear View, Public Transit, School, Park

Community Features

Location

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5740 Yonge Street, Toronto C07, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 5740 Yonge Street 501, Toronto C07, ON M2M 0B1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$478,400
Monthly Mortgage$2,780
Property Tax (Est.)$209
Utilities & Maint.$350
Total Monthly Cost$3,339

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

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Nearby Listings

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No current listings found in Toronto C07.