Condo for sale at 507-5740 Yonge Street, Toronto, Ontario, M2M 0B1 - Newtonbrook West - MLS: C13656176

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507-5740 Yonge Street

Toronto, Ontario, M2M 0B1 - Newtonbrook West

$549,800

Neighbourhood

Newtonbrook West
Major Intersection

Yonge St/ Finch Ave

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

Overview

Property Type

Condo Apt, Apartment
Bedrooms

2
Bathrooms

2
Square Feet

700-799
Exposure

North
Total Parking

1 Underground Garage
Maintenance

$803
Taxes

$2,785.34 (2026)
Balcony

Open

Property Description

Property description for 507-5740 Yonge Street, Toronto

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.

Listed by RE/MAX CITY ACCORD REALTY INC.

Property details

MLS #

C13656176
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

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

Main
Building Amenities

Concierge,Gym,Indoor Pool,Party/Meeting Room,Visitor Parking
Maintenance Fee Includes

Heat, Parking, Water
Property Management

ICC Property Management Inc.
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 #

C13656176
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

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

Main
Building Amenities

Concierge,Gym,Indoor Pool,Party/Meeting Room,Visitor Parking
Maintenance Fee Includes

Heat, Parking, Water
Property Management

ICC Property Management Inc.
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

Kitchen

2.67 x 2.44 ft Flat level

Modern Kitchen, Stainless Steel Appl, Granite Counter
Living

5.41 x 3.38 ft Flat level

Laminate, Combined W/Dining
Dining

5.41 x 3.38 ft Flat level

Laminate, Combined W/Living
Primary

3.12 x 2.97 ft Flat level

Broadloom, 4 Pc Ensuite, Large Window
2nd Br

3.12 x 2.72 ft Flat level

Broadloom, Closet, Window

Contact Manoj Kukreja

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

Property History

Property history for 507-5740 Yonge Street, Toronto

This property has been sold 8 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Local Real Estate Price Trends for Condo Apt in Newtonbrook West

Active listings

Average Selling Price of a Condo Apt

July 2026

$580,438

Last 3 Months

$534,546

Last 12 Months

$600,159

July 2025

$602,629

Last 3 Months LY

$634,136

Last 12 Months LY

$651,798

Change

-4%

Change

-16%

Change

-8%

Historical Average Selling Price of a Condo Apt in Newtonbrook West

Average Selling Price

3 years ago

$689,235

Average Selling Price

5 years ago

$584,211

Average Selling Price

10 years ago

$424,608

Change

-16%

Change

-1%

Change

37%

How many days Condo Apt takes to sell (DOM)

July 2026

Last 3 Months

Last 12 Months

July 2025

Last 3 Months LY

Last 12 Months LY

Change

44%

Change

36%

Change

-3%

Average Selling price

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Closing Cost Calculator

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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.