Condo for sale at 501-5740 Yonge Street, Toronto, Ontario, M2M 0B1 - Newtonbrook West - MLS: C12253918

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501-5740 Yonge Street

Toronto, Ontario, M2M 0B1 - Newtonbrook West

$598,000

Neighbourhood

Newtonbrook West
Major Intersection

Yonge/Finch

Listed Since: 1 day(s)
Last update: today

Overview

Property Type

Condo Apt, Apartment
Bedrooms

2
Bathrooms

2
Square Feet

700-799
Exposure

South West
Total Parking

1 Underground Garage
Maintenance

$725
Taxes

$2,504.00 (2024)
Balcony

Open

Property Description

Property description for 501-5740 Yonge Street, Toronto

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.

Listed by MASTER`S TRUST REALTY INC.

Property details

MLS #

C12253918
Sq. Ft

700-799
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

None
Pets Permitted

Restrict
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Bbqs Allowed,Concierge,Indoor Pool,Recreation Room,Party/Meeting Room,Sauna
Maintenance Fee Includes

Heat, Parking, Water
Property Management

Del Property Management
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

C12253918
Sq. Ft

700-799
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

None
Pets Permitted

Restrict
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Bbqs Allowed,Concierge,Indoor Pool,Recreation Room,Party/Meeting Room,Sauna
Maintenance Fee Includes

Heat, Parking, Water
Property Management

Del Property Management
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Primary

3.35 x 3.2 ft Main level

Laminate, Double Closet, 4 Pc Ensuite
2nd Br

3.35 x 2.81 ft Main level

Laminate, Large Window, Large Closet
Living

4.52 x 3.04 ft Main level

Laminate, Combined W/Dining, Large Window
Dining

4.52 x 3.04 ft Main level

Laminate, Combined W/Living, Open Concept
Kitchen

2.55 x 1.87 ft Main level

Tile Floor, Open Concept

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 501-5740 Yonge Street, Toronto

This property has been sold 9 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Schools

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Neighbourhood Amenities & Points of Interest

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Local Real Estate Price Trends for Condo Apt in Newtonbrook West

Active listings

Average Selling Price of a Condo Apt

May 2025

$639,400

Last 3 Months

$615,804

Last 12 Months

$657,863

May 2024

$715,500

Last 3 Months LY

$740,857

Last 12 Months LY

$632,204

Change

-11%

Change

-17%

Change

Historical Average Selling Price of a Condo Apt in Newtonbrook West

Average Selling Price

3 years ago

$756,743

Average Selling Price

5 years ago

$530,000

Average Selling Price

10 years ago

$364,974

Change

-16%

Change

21%

Change

75%

How many days Condo Apt takes to sell (DOM)

May 2025

Last 3 Months

Last 12 Months

May 2024

Last 3 Months LY

Last 12 Months LY

Change

-42%

Change

18%

Change

17%

Average Selling price

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.