The Palm Condos in Toronto C07

5740 Yonge Street, Toronto C07

Total Units

2

For Sale

1

For Rent

14

Sold

68

Leased

$567K

Avg Price

38

Days (Sale)

28

Days (Lease)

OQ

OVAIS QASSIM

Questions about The Palm?

Property Type:
Condo
Number of Units:
Condo Demand:
High
Unit Availability:
Low
Number of Storeys:
Condo Completion:
Unit Size Range:
0 - 999 SQFT
Property Management:
ICC Property Management Inc.

Market Overview

For-Sale Inventory

Highest Sale (12mo)

$585K

Lowest Sale (12mo)

$455K

Median Maintenance

$777/mo

Year Built

The Palm Market

Updated Aug 20, 2026
Condos
Median sale price
$573K
Median PSF (est.) 6.2%
$763/sqft
Sold last 90 days
2
Active listings
3
Months of inventory
3.0
Avg days on market
51
Sale-to-list ratio
99.23%
Absorption rate
33.3%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 87.50% · End-user: 12.50% (from 2 sales, 14 leases)
Price reductions (90d)
Price-reduction rate: 0.00%
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $763+0.09% vs community avg ($763)[at_par]
Supply vs demand by unit type (90d)
Sample: 3 active listings · 2 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 0 active / 0 sold · mismatch +0.00%
2br: 1 active / 2 sold · mismatch -66.67%
3br: 2 active / 0 sold · mismatch +66.67%
Concession pattern by unit type (90d)
2br (11 sales)72.73% closed with concessions, avg 3.37% below ask
Seasonality (annual pattern)
Historically strongest months: Sep, May, Jul
Historically weakest months: Feb, Apr, Oct
Annual averages: DOM 37.7d · sale-to-list 99.23% (n=14)
Monthly detail
Feb · 1 sales · DOM 55.0d · STL 98.46%
Apr · 2 sales · DOM 58.0d · STL 100.43%
May · 3 sales · DOM 25.7d · STL 102.03%
Jun · 2 sales · DOM 32.0d · STL 96.78%
Jul · 2 sales · DOM 28.0d · STL 99.72%
Aug · 2 sales · DOM 33.5d · STL 97.61%
Sep · 1 sales · DOM 20.0d · STL 97.85%
Oct · 1 sales · DOM 73.0d · STL 97.83%

Market Intelligence

Price per sqft analysis and trends

The Palm

Sale PSF

N/A

Lease PSF

N/A

Newtonbrook West

Sale PSF

$681/sqft

7 sales

Lease PSF

$2.84/sqft/mo

3 leases

Toronto C07

Sale PSF

$648/sqft

35 sales

Lease PSF

$3.32/sqft/mo

9 leases

Toronto

Sale PSF

$788/sqft

861 sales

Lease PSF

$3.85/sqft/mo

1 leases

Location Comparison

LocationSale PSFLease PSF# Sales# Leases
The PalmThis Building
/mo
Newtonbrook West
6812.84/mo73
Toronto C07
6483.32/mo359
Toronto
7883.85/mo8611

Green badges indicate the building is priced below the comparison area. Data from closed transactions.

Parking & Locker Values

Parkingcommunity

Purchase

N/A

Monthly Lease

$109.44/mo

Lockergeneric

Purchase

$10K

Monthly Lease

$50/mo

Data based on closed transactions. PSF = Price per Square Foot. Yields calculated as annual rent / sale price.

Amenities

BBQs Allowed
Bike Storage
Community BBQ
Concierge
Elevator
Exercise Room
Game Room
Gym
Indoor Pool
Media Room
Party Room/Meeting Room
Recreation Room
Rooftop Deck/Garden
Sauna
Visitor Parking

Maintenance Fee Includes:

A/CBuilding InsuranceCommon ElementsCondo TaxesHeatParkingWater

Building Reviews

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About The Palm Condos

The Palm is a premier condominium located at 5740 Yonge Street, Toronto C07. offers residents luxurious urban living with modern amenities and convenient access to the city's best dining, shopping, and entertainment options.

Currently, there are 85 units available at The Palm, with prices averaging around $567K. The building features a variety of floor plans to suit different lifestyles, from cozy studios to spacious multi-bedroom units.

The Palm stands out in Toronto C07's competitive real estate market for its prime location. Residents enjoy easy access to public transit, major highways, parks, and all essential services. The building's modern design and well-maintained facilities make it an attractive choice for both homeowners and investors.

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 and market analysis.

Explore more real estate in the wider area: Newtonbrook West, Toronto C07 and the Toronto area.

Units for Lease at The Palm

Keywords: The Palm Toronto C07 Real Estate

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