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$549,800

Off-Market

5740 Yonge Street 507, Toronto, ON M2M 0B1, Toronto C07

2Bedrooms

2Bathrooms

1Parking

For Sale

10 Days on Market

Key Highlights

Property TypeResidential Condo & Other

Property Sub TypeCondo Apartment

CityToronto C07

NeighbourhoodNewtonbrook West

Days on Market10 Days

ExposureNorth

LockerNone

BasementNone

Property Description

Welcome to Suite 507 at The Palm Residences - a bright, functional 752 sq ft two-bedroom, two-bath split layout in the heart of Yonge & Finch. The smart split-bedroom design offers real privacy, ideal for roommates, guests, or a work-from-home setup. Open-concept living and dining flows to a private 52 sq ft balcony. M...

Property Details

Construction MaterialsConcrete

Approximate Age0

MLS StatusSuspended

MLSC13656176

Annual Taxes$2,785.34

Maintenance Fees$803.4

Maintenance Fee IncludesHeat Included, Water Included, CAC Included, Common Elements Included, Parking Included, Building Insurance Included

Building NameThe Palm Residences

Cross StreetsYonge St/ Finch Ave

Interior Features

HeatingForced Air (Gas)

CoolingCentral Air

LaundryMain Level

Interior FeaturesNone

Exterior Features

Architectural StyleCondo Apartment

Garage TypeUnderground

Pets AllowedYes-with Restrictions

Exterior FeaturesConcrete

Building & Property Amenities

concierge

gym

indoor pool

party room/meeting room

visitor parking

heat included

water included

cac included

common elements included

parking included

building insurance included

Comprehensive Specifications

AreaToronto

Balcony TypeOpen

Bedrooms Above Grade2

Contract StatusUnavailable

DirectionsOff Yonge north of Finch

ExclusionsCabinet left of the fridge is owned by the Tenant.

Garage Y NYes

InclusionsIncludes all Stainless Steel Appliances (Fridge, Stove, over-the-Range Microwave, and B/I Dishwasher), Broadloom where laid, all existing window coverings, and all Electrical Light Fixtures.

Kitchens Above Grade1

Kitchens Total1

Legal Stories05

List A O RToronto Regional Real Estate Board

Living Area Range700-799

LockYes

Parking Level Unit1B

Parking Spot148

Parking Type1Owned

Possession Date2026-09-01

Possession TypeFlexible

Property Management CompanyICC Property Management Inc.

Rooms Above Grade5

Square Foot SourceBuilder Floorplan

Street SuffixStreet

Suspended Date2026-08-20

Tax Year2026

Unit Number507

Washrooms Type12

Washrooms Type1 LevelFlat

Washrooms Type1 Pcs4

Map

Rooms

Name	Size	Meter Features
Kitchen	2.44 x 2.5 m
Bedroom 2	2.81 x 2.98 m
Primary Bedroom	3.15 x 3.17 m

Mortgage Calculator & Financial Insights

Estimated Paymentmonthly

$3,891 / month

Req. Household Income

$126,325/yr

Est. Upfront Cash

$34,951

Down Payment (5.5%)$29,980

5.5% ($29,980)50% ($274,900)

Interest Rate4.04%

Amortization Period

Monthly Payment Breakdown

Principal & Interest

$2,855

Property Taxes

$232

Maintenance Fees

$803

Req. Household Income (32% GDS):$126,325/yr

* Disclaimer: Estimated calculations for informational purposes only. Actual payments may vary based on lender approval, interest rates, taxes, insurance, and other applicable costs.

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