5740 Yonge St Condos, Toronto

North York Real Estate Condos for Sale and Rent

  • For Sale:
  • 3
  • For Rent:
  • 4
5740 Yonge St North York Toronto

5740 Yonge St


Toronto real estate agent

5740 Yonge St, Toronto M2M4E7

The Palm Residences was built by Castle Group and completed in year 2013.

There are total 23 floors and approximately 214 units.

The building currently has 3 units on sale, and 4 for lease.

Condo monthly management fee includes: Heat, Water and Air Conditioning.

Condo facility includes: Gym, Concierge, Visitor Parking, Party/Meeting Room, Indoor Pool and Sauna.

Condo Building Analysis

For Sale

Condo values have decreased 7.8% compared with the same period last year.

Maintenance costs have increased 3% compared with last year.

Recent Adjusted Sold Price Range (Excluding Parking/Locker)
$570 – $720/sqft

For Lease

Rent levels have decreased 7.1% compared with the same period last year.

Recent Rent Range
$3.18 – $4.00/sqft

How This Condo Compares

Price Position
39.3% Higher
Recent sale prices are above condos in the community.
Maintenance Cost
17% Higher
Adjusted maintenance costs are above condo buildings in the community.
Effective Cost
11.5% Higher
Estimated occupancy costs are higher than condo buildings in the community after adjusting for included utilities.


School Information

Local Area Profile

This property is located in an area with a significant rental housing presence with a strong concentration of apartment and condominium housing. Approximately 53% of residents hold a bachelor's degree or higher, while about 16% have a college credential. Public transit is commonly used by local commuters, alongside driving.



Commute Information

Toronto Subway Finch Subway Station: 0.3km (~6 mins walk)

Active listings

Unit Beds Baths Parkings Space(Sqf) Price($)
1201 2 2 1 700-799 533,000
507 2 2 1 700-799 499,800
1006 2 2 1 700-799 499,000


Location



Building's Remark

  • Unit 01 is situated next to the garbage chute.

    Another building close by is a Rental apartment 5754 YONGE ST.

Other Information

If you plan to buy or sell a condo or want to learn more about real estate investment opportunities in North York, please contact North York real estate agent Alan Zheng at 647-877-9311.

Explore more GTA properties and market information through our Toronto real estate, Richmond Hill real estate, Markham real estate, and Vaughan real estate guides.



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