$598,000Asking Price
#501 - 5740 Yonge Street, Toronto, ON M2M 0B1 #501
Newtonbrook, Toronto
Location, Location, Location! Welcome to Unit 501 at The Palm Residences a rare 2-bedroom, 2-bathroom suite that perfectly blends comfort, privacy, and urban convenience in the heart of North York. Just steps from Yonge & Finch and only a one-minute walk to Finch Subway Station, this bright and spacious unit features a smart split-bedroom layout and an open-concept living area. The modern kitchen is equipped with granite countertops, stainless steel appliances, and ample storage ideal for everyday living or entertaining. The sunlit living and dining space extends to your private balcony, offering a peaceful escape above the city. Residents enjoy premium amenities including a 24-hour concierge, indoor pool, fitness center, restaurant, and easy access to major transit options. Whether you're upsizing, investing, or simply looking for a lifestyle upgrade, This unit offers move-in-ready elegance in one of Toronto's most sought-after neighborhoods.
Location, Location, Location! Welcome to Unit 501 at The Palm Residences a rare 2-bedroom, 2-bathroom suite that perfectly blends comfort, privacy, and urban convenience in the heart of North York. Just steps from Yonge & Finch and only a one-minute walk to Finch Subway Station, this bright and spacious unit features a smart split-bedroom layout and an open-concept living area. The modern kitchen is equipped with granite countertops, stainless steel appliances, and ample storage ideal for everyday living or entertaining. The sunlit living and dining space extends to your private balcony, offering a peaceful escape above the city. Residents enjoy premium amenities including a 24-hour concierge, indoor pool, fitness center, restaurant, and easy access to major transit options. Whether you're upsizing, investing, or simply looking for a lifestyle upgrade, This unit offers move-in-ready elegance in one of Toronto's most sought-after neighborhoods.
See MoreKey Info
- Apartment Condo
- 1 Parking
- Yonge/Finch
- 700-799 Approximate Sq Feet
- South-West Exposure
- Open Balcony
- Ensuite Laundry
- No Locker
- Forced Air Gas Heating
- Central Air
Property
- $725 Monthly Condo Fees
- Includes: Heat, Water, Central A/C, Common Elements, Building Insurance, Parking.
- Excludes: Hydro, Cable TV
- Amenities: Concierge, Pool, Rec Room, Sauna
- Taxes were $2,504 in 2024
Details
- Brick/Concrete Exterior
- No Fireplace
- 1 Kitchen
- Condo Corporation #2323
- Condo Registry Office: TSCC
- MLS #C12253918
- MASTER`S TRUST REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 8.37' x 6.14' | Tile Floor, Open Concept |
 | 1 4-Piece Bathroom | |||
| 1 3-Piece Bathroom | |||
How Far is Too Far?
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Who lives here?
Newtonbrook, Toronto is a north Toronto neighbourhood notable for its university grads and science professionals. It has a higher than average population of immigrants, particularly those from Iran, China, South Korea and the Philippines, and Cantonese, Tagalog, Mandarin, Persian, Russian and Korean speakers. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 25 to 29, 25 to 29, 25 to 29 and 25 to 29 and seniors aged 65 to 69.
Families
Kids Per Family
1.1
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
48%
of residents are
single and loving it.
48% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
43%
of residents
are renters.
43% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
56%
of residents are
university grads.
56% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$111K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 14% |
| Business | 10% |
| Government | 8% |
| Sciences | 7% |
| Management | 7% |
Immigrants
66%
of residents were
born outside of Canada.
66% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
11.2% from Philippines
All-time
Birthplace - Recent
3.9% from Philippines
Recent
Foreign Languages
Foreign Languages
| Persian | 11% |
| Korean | 9% |
| Tagalog | 8% |
| Russian | 7% |
| Mandarin | 7% |
Religions
Religions
| Christian | 52% |
| Muslim | 12% |
| Jewish | 7% |
| Buddhist | 3% |
| Hindu | 2% |
Social Housing
Social Housing Buildings
1
Social housing buildings
in the neighbourhood.
Shelters
Shelters
1
Homeless shelters in
the neighbourhood.
