Maintenance Fees
The Palm Residences vs The Newtonbrook Area
for rent
5 Days on Strata
- Est Lease Timeframe:
- 23 Days
1708 - 5740 Yonge St
$2,250/mth
1 Bed
1 Bath
1 Parking
566 SQFT
Price History
- Property Type:
- Condo
- Possession Date:
- Now
- Lease Term:
- 1 Year
- Utilities Included:
- No
- Furnished:
- No
- Outdoor Space:
- Balcony
- Laundry:
- Ensuite
- Locker:
- None
- Exposure:
- East
Amenities
Party Room
Indoor Pool
Gym
Concierge
Visitor Parking
Amenity details for reference only. Independently verify accuracy.
About this Listing
The Palm Condos, just steps from Finch Station! This bright 1-bedroom suite on the 17th floor offers stunning views and floor-to-ceiling windows that fill the space with natural light. Large balcony extends your living space. The kitchen features sleek granite countertops, and the unit has been freshly painted throughout. Brand new carpet in bdrm. Enjoy outstanding building amenities, including gym, indoor pool, sauna, business and media rooms, party room, an outdoor terrace and concierge. 1 parking spot included. Located close to shopping, restaurants, and subway / GO bus station - everything you need is right at your doorstep.The Palm Condos, just steps from Finch Station! This bright 1-bedroom suite on the 17th floor offers stunning views and floor-to-ceiling windows that fill the space with natural light. Large balcony extends your living space. The kitchen features sleek granite countertops, and the unit has been freshly painted throughout. Brand new carpet in bdrm. Enjoy outstanding building amenities, including gym, indoor pool, sauna, business and media rooms, party room, an outdoor terrace and concierge. 1 parking spot included. Located close to shopping, restaurants, and subway / GO bus station - everything you need is right at your doorstep.
ExtrasFridge, Stove, Dishwasher, Washer, Dryer
right at home realtyMLS® #C12553388
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Included
- Air Conditioning
- Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Dimensions
- Living
- 19.85 x 9.51ft
- Laminate, Combined with Dining
- Dining
- 19.85 x 9.51ft
- Laminate, Combined with Living
- Kitchen
- 7.84 x 8.46ft
- Bedroom
- 10.17 x 10.17ft
Renter's Market
Balanced
Landlord'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.
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 leased in Newtonbrook
