1201 - 5740 YONGE STREET, Toronto (Newtonbrook West)

$499,900

For sale: Apartment

Apartment at 1201 - 5740 YONGE STREET, Toronto (Newtonbrook West)
Property type
Condo Apartment
Bedrooms / bathrooms
2 bedrooms, 2 bathrooms
Living area
799 sqft
MLS®
MLS® C13768828
Neighbourhood
Newtonbrook West

Spacious Split 2-Bedroom **| 2 Full Bathrooms **| Welcome to luxury living at The Palm Residences, located at the prime intersection of Yonge and Finch**I.Bright and spacious layout. Floor-to-ceiling windows in the living area flood the space with natural light while show casing stunning South views**I. Floor plan provides both privacy and functionality, while the balcony offers a relaxing outdoor retreat**I. The generous primary bedroom easily fits a king-size bed and features a private ensuite bathroom. Ample storage is available throughout the suite, Residents enjoy recently refreshed amenities, including an indoor swimming pool**I, and 24-hour concierge/security**I. Set back from Yonge Street, the building offers a quiet, park-like setting while remaining just steps from a world-class transit hub-including the Finch Subway Station***I, GO Transit***I, and YRT/Viva bus terminal***I. Minutes from Highways 401, 404, 407, and Hwy 7. This vibrate neighborhood is a foodie's paradise, famous for its diverse selection of Korean eateries, Trendy cafes, and international cuisine, and is within easy reach of York University***I, close to Toronto Centre for the Arts**I. Residents enjoy resort-style amenities,a fully equipped gym**I, a sauna, and party room***I. Whether you're commuting across the GTA or enjoying the local culture and entertainment, this unit offers the ultimate urban lifestyle. One Parking***& One Locker*** Included! $$$ Freshly Updated! **: Flooring (Both Bedrooms): 2020; Flooring (rest of the unit, living room, hallway, etc.) : 2022; Guest Bathroom vanity: 2022; In-suite Fan Coil unit - motor (both living room and small bedroom): 2026; Range Hood: 2026; Kitchen Faucet: 2026; Dishwasher: Wash/dryer: 2026; Master Bedroom Vanity and Faucet: 2026; Hallway closet door: 2026. A brand new large format H-Mart Asian grocery store is opening soon, It located just across the street.

Sold data

Apartment homes in Toronto (Newtonbrook West) — recent sold market

Apartment homes in Toronto (Newtonbrook West) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 53, across 2,905 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 55 days.

The median sale price was $569,999.

Homes sold for about 3.2% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 19% of sellers reduced their price before finding a buyer.

Median days to sell
29
Median sale price
$569,999
Sale-to-list ratio
96.8%
Sold above asking
13%

Based on 2,905 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Newtonbrook West)

Toronto (Newtonbrook West) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Newtonbrook West)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 1201 - 5740 YONGE STREET