Maintenance Fees
The Palm Residences vs The Newtonbrook Area
for sale
69 Days on Strata
- Est Sell Timeframe:
- 15 Days
1704 - 5740 Yonge St
$649,999
2 Beds
2 Bath
1 Parking
800 SQFT
Price History
- Maintenance Fees:
- $853/mth
- Taxes:
- $3,009 (2025)
- Property Type:
- Condo
- Cost Per Sqft:
- $812/sqft
- Outdoor Space:
- Balcony
- Locker:
- None
- Possession Date:
- Sept 30
- Exposure:
- North West
Amenities
Party Room
Indoor Pool
Gym
Concierge
Visitor Parking
Amenity details for reference only. Independently verify accuracy.
About this Listing
Visually Appealing 2 Bedroom + Den Condo Located Minutes From Yonge And Finch. Over 800 Square Feet Of Space Which Includes 1 Underground Parking Spot With Complimentary Visitor Parking. The Open Concept With Two Balconies, Freshly Painted And New Laminate Flooring. Few Minutes Walk To Yonge & Finch Station, Access To TTC Subway, Go Bus, Steps To Good Life Gym. A Wide Variety Of Restaurants, Shops, Theatres, Cafes And Parks Within Walking Distance. Great Opportunity For Your Families, Professional Or Investors.
ExtrasS/S Fridge, Stove, Dishwasher, Washer & Dryer
homelife/future realty inc.MLS® #C12403919
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Included
- Air Conditioning
- Not Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Not Included
- Heating Type
- Forced Air
- Heat Source
- Electric
- Air Conditioning Type
- Central Air
Dimensions
- Living
- 13.48 x 11.25ft
- Laminate
- Primary
- 11.88 x 9.51ft
- Walkout To Balcony, Closet, Laminate
- 2nd Bedroom
- 9.51 x 12.86ft
- Walkout To Balcony, Closet, Laminate
- Kitchen
- 13.48 x 11.25ft
- Ceramic Floor, Stainless Steel Appliances
- Den
- 6.99 x 6.99ft
- Laminate, Open Concept
Buyer's Market
Balanced
Seller's Market
Building Spotlight
Similar Listings
Explore Newtonbrook
Map
8/10
Walkability
One small step for you. One giant leap towards never needing a gym membership.
10/10
Transit
Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
5/10
Bikeability
You'll have a love-hate relationship with your gears. Mostly hate.
Mortgage Calculator
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
16,570
Average Individual Income
$67,675
Average Household Size
3 persons
Average Age
42
Average Household Income
$115,798
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
51%
Semi Detached
20%
Low Rise Apartment
12%
High Rise Apartment
7%
Duplex
7%
Marital Status
Commute
Languages (Primary Language)
English
54%
Cantonese
17%
Mandarin
13%
Other
12%
Tamil
3%
Tagalog
1%
Education
University and Above
28%
High School
27%
None
20%
College
16%
Apprenticeship
3%
University Below Batchelor
3%
Major Field of Study
Business Management
28%
Architecture & Engineering
18%
Health & Related Fields
11%
Social Sciences
10%
Math & Computer Sciences
7%
Physical Sciences
5%
Humanities
4%
Education
4%
Personal, Protective & Transportation Services
3%
Visual & Performing Arts
2%
Agriculture & Natural Resources
1%
Building Trends At The Palm Residences
Days on Strata
Units at The Palm Residences spend an average of
30
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
2%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Newtonbrook
Turnover of Units
On average, each unit is owned for
5.9
YEARS before being sold againProperty Value
-4%
Decrease in property value within the past twelve months
Price Ranking
4th
Highest price per SQFT out of 53 condos in the Newtonbrook area
Sold Units
9
Units were Sold over the past twelve months
Rented Units
29
Units were Rented over the past twelve months
Best Value Rank
The Palm Residences offers the best value out of 53 condos in the Newtonbrook neighbourhood
?
Appreciation Rank
The Palm Residences has the highest ROI out of 53 condos in the Newtonbrook neighbourhood
?
Rental Yield
The Palm Residences yields the highest rent prices out of 53 condos in the Newtonbrook neighbourhood
?
High Demand
The Palm Residences is the most popular building out of 53 condos in the Newtonbrook neighbourhood
?
Market Insights
Transaction Insights at The Palm Residences
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|
| Price Range | $448,888 - $455,000 | No Data | $585,000 - $610,000 | $640,000 | No Data |
| Avg. Cost Per Sqft | $853 | No Data | $807 | $765 | No Data |
| Price Range | $2,180 - $2,300 | $2,250 - $2,450 | $2,600 - $2,950 | $2,700 - $3,000 | No Data |
| Avg. Wait for Unit Availability | 153 Days | 112 Days | 51 Days | 140 Days | No Data |
| Avg. Wait for Unit Availability | 57 Days | 41 Days | 21 Days | 56 Days | No Data |
| Ratio of Units in Building | 19% | 20% | 42% | 18% | 2% |
Market Inventory
Total number of units listed and sold in Newtonbrook
