Sold
$570,000
2bed|2bath|700-799sqft
1 parking|0 locker
Unit 1701
5740 Yonge Street 1701, Toronto, ON M2M 3T3
Residential Condo & Other|$748 fees|$2685 tax
MLS #C12975598
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Unit 1009 at The Palm
Sold5740 Yonge Street 1009, Toronto, ON M2M 0B1
MLS #C10707735
$640,000
Sold on February 10, 2025
February 10, 2025
Originally listed at $650,000 55 days on market
About This Property
The Palm: Luxurious Condo in the Heart of North York. This newly renovated apartment features a modern kitchen with new cabinets and appliances, along with fresh flooring throughout. Enjoy unobstructed south/east views and the convenience of being just steps from Finch Subway Station, parks, and minutes from the 401.The building offers amazing amenities, including a swimming pool, gym, steam room, club and conference room, outdoor terrace, and concierge services. This is a great place to live move in and enjoy!
Investment Analysis
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($844/mo) and property tax ($2,890/yr). Does not include insurance, vacancy, or repairs.
Price Per Square Foot Comparison
This Unit
$765/sqftNewtonbrook West
$681/sqft+12.3%
Toronto C07
$648/sqft
Fair Market Price
Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 850 sqft.
Property Details
Bedrooms
3
Bathrooms
2
Square Feet
800-899 sqft
Property Type
Residential Condo & Other
ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryNo
Corp #TSCC-2323
MLS Size800-899
Listed OnNov 22, 2024
Maintenance Fees$844/month
Property Tax$2,890/year
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Unit 1009 History
Complete transaction history for this unit
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Price History
Original List Price
$650,000
Listed on Nov 22, 2024
Sold Price
$640,000
Sold on Feb 10, 2025
-$10,000
-1.5%
55 days on market
Price History Available
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Unit 2206
5740 Yonge Street 2206, Toronto, ON M2M 0B1
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Unit 1902
5740 Yonge Street 1902, Toronto, ON M2M 0B1
Residential Condo & Other|$794 fees|$2775 tax
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Sold
$530,000
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1 parking|0 locker
Unit 202
5740 Yonge Street 202, Toronto, ON M2M 0B1
Residential Condo & Other|$775 fees|$2582 tax
MLS #C12607580
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Available For Sale in This Building
Available For Sale in This Building
1 / ...
For Sale
$565,000
Unit 1904
MLS# C135380185740 Yonge Street 1904, Toronto, ON M2M 0B1
3bed|2bath|800-899sqft
1parking|1locker
Residential Condo & Other|$852 fees|$3009 tax
50 days on market
1 / ...
For Sale
$569,990
Unit 2009
MLS# C134377365740 Yonge Street 2009, Toronto, ON M2M 3T3
3bed|2bath|823sqft
1parking|1locker
Residential Condo & Other|$871 fees|$3047 tax
76 days on market
OQ
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OVAIS QASSIM
Broker of Record
PREMIER MATRIX REALTY LTD. BROKERAGE
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Building Information
Building NameThe Palm
Address5740 Yonge Street, Toronto C07
Parking TypeUnderground
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About Unit 1009 at The Palm
Unit 1009 is a residential condo & other with 3 bedrooms, 2 bathrooms spanning approximately 800-899 square feet located at The Palm, 5740 Yonge Street, Toronto C07. This unit is currently sold (sold for $640K).
About The Palm
The Palm is located at 5740 Yonge Street, Toronto C07. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.
Newtonbrook West Neighbourhood
This unit is located in Newtonbrook West, part of Toronto C07 in the Toronto area. Explore more condos for sale and rent in this community.
Whether you're looking to buy, sell, or rent at The Palm, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.
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