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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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5740 Yonge Street #507 Toronto C07
For SaleThe Palm in Newtonbrook West

5740 Yonge Street #507 Toronto C07, Condo Apartment for Sale

MLS® C14119416

Newtonbrook West, Toronto, ON

12 days on market
$499,800
Show on Map
Show on Map
2Beds
2Baths
750Sqft
1Parking
Pet Friendly
Condo Apartment

Overview· 5740 Yonge Street #507 Toronto

MLS® #C14119416

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.

Inclusions

Includes all Stainless Steel Appliances (Fridge, Stove, over-the-Range Microwave, and B/I Dishwasher), Stacked washer/Dryer, all existing window coverings, and all Electrical Light Fixtures.

Broker

RE/MAX CITY ACCORD REALTY INC.

Building

The Palm

5740 Yonge Street4 for sale6 for rent

Neighbourhood

Newtonbrook West

Walk 48Avg $1.29MArea guide

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Walk Score®93Walker's ParadiseWalker's Paradise
Transit Score®100Rider's ParadiseRider's Paradise
Bike Score®63BikeableBikeable
Schools9317 schools within 1.5 km · nearest 300 m17 schools within 1.5 km · nearest 300 m
Parks7810 parks within 1 km · nearest 399 m10 parks within 1 km · nearest 399 m
Convenience8640 groceries, cafes and pharmacies within 1 km · nearest 36 m40 groceries, cafes and pharmacies within 1 km · nearest 36 m
Safety24Safer than 24% of Toronto neighbourhoods (2025)Newtonbrook West: 1,848 incidents per 100,000 residents in 2025, across all crime types, ranked against 158 Toronto neighbourhoods. Toronto counts resident population only, so business and entertainment districts rank worse than residents experience. Source: Toronto Police Services.
Pet Friendly100Pets are Welcome

Highlights & Amenities· 5740 Yonge Street #507 Toronto

Source: MLS® listing data
5740 Yonge Street #507 Toronto

Condo Apartment

5740 Yonge Street #507 Toronto

Newtonbrook West

Type

Condo Apartment

Basement

None

Parking

Underground (1)

Property Tax

~$2,785/yr

Heating

Forced Air

Laundry

Ensuite

Buying Essentials

Maintenance Fee

$803/mo

Fee Includes

Heat · Water · CAC · Common Elements · Parking · Building Insurance

Square Feet

750 sqft

Parking

Underground (1)

Locker

None

Finances

List Price

$499,800

Price per SQFT

$666/sqft

Property Tax

~$2,785/yr

Property Specs

Property Type

Condo Apartment

MLS Size

750 sqft

Exposure

North

Outdoor Space

Open

Basement

None

Living & Amenities

Laundry

Ensuite

Heating Type

Forced Air

Features

Primary Bedroom - Main Floor

Policies & Utilities

Pets Allowed

Yes-with Restrictions

Neighbourhood

Newtonbrook West

Corp #

TSCC 2323

Property Manager

ICC Property Management Inc.

Listed On

Oct 26, 2026

Concierge

Gym

Indoor Pool

Party Room/Meeting Room

Visitor Parking

Price & Listing History

Days on Market

Current: 12 days

0306090120+

Rooms

Kitchen(Flat)

Modern Kitchen, Stainless Steel Appl, Granite Counters

8.7 x 8.0

70 sqft

Living Room(Flat)

Laminate, Combined w/Dining

17.7 x 11.1

196 sqft

Dining Room(Flat)

Laminate, Combined w/Living

17.7 x 11.1

196 sqft

Primary Bedroom(Flat)

Laminate, 4 Pc Ensuite, Large Window

10.2 x 9.7

100 sqft

Bedroom 2(Flat)

Laminate, Closet, Window

10.2 x 8.9

91 sqft

RoomsDimensionsFeaturesSqft
Kitchen(Flat)8.7 x 8.0Modern Kitchen, Stainless Steel Appl, Granite Counters70
Living Room(Flat)17.7 x 11.1Laminate, Combined w/Dining196
Dining Room(Flat)17.7 x 11.1Laminate, Combined w/Living196
Primary Bedroom(Flat)10.2 x 9.7Laminate, 4 Pc Ensuite, Large Window100
Bedroom 2(Flat)10.2 x 8.9Laminate, Closet, Window91

Rooms

5

Listed Room Area

653 sqft

Source

Estimated from MLS room dimensions

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Nearby Schools

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$2,010/mo
Property Tax$232/mo
Total Monthly$2,242

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0