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    for sale
    88 Days on Strata
    Est Sell Timeframe:
    15 Days

    1003 - 5740 Yonge St

    The Palm Residences
    $438,000
    Price Cut: $17,000
    1 Bed
    1 Bath
    0 Parking
    541 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History

    Maintenance Fees:
    $512/mth
    Taxes:
    $1,923 (2025)
    Property Type:
    Condo
    Cost Per Sqft:
    $810/sqft
    Outdoor Space:
    Balcony
    Locker:
    None
    Possession Date:
    TBD
    Exposure:
    North West

    Amenities

    Concierge
    Gym
    Indoor Pool
    Party Room
    Sauna
    Visitor Parking

    About this Listing

    Dont miss this rare opportunity to own at The Palm Residences in the vibrant Yonge & Finch community. This spacious and bright one-bedroom features a functional layout, modern open-concept kitchen, and brand-new laminate flooring throughout. Enjoy unobstructed views and natural light all day. Unbeatable Value: Among one of the lowest-priced one-bedroom condos in Toronto. Perfect for first-time buyers or investors! Luxury Amenities: Indoor pool, sauna, fitness centre, party room, outdoor terrace with BBQs .Prime Location: Just steps to Finch Subway, TTC/GO Transit, minutes to Hwy 401, shopping, restaurants, and more. Affordable, stylish, and move-in ready this one wont last long!

    ExtrasFridge, Stove, B/I Dishwasher, Washer/Dryer , B/I Microwave.

    bay street group inc.MLS® #C12365009

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Included
    Air Conditioning
    Included
    Water
    Included
    Parking
    Not Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions

    Living
    8.86 x 19.52ft
    Combined with Dining, Laminate
    Dining
    8.86 x 19.52ft
    Combined with Living, Laminate
    Kitchen
    6.89 x 18.37ft
    Granite Counter, Laminate
    Primary
    8.86 x 8.86ft
    Laminate
    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

    Explore Newtonbrook

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    16,570
    Average Individual Income
    $67,675
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $115,798
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    12%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    17%
    50 - 64
    23%
    65+
    23%
    Household Income
    $0 - $30,000
    52%
    $30,000+
    25%
    $60,000+
    11%
    $90,000+
    6%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    51%
    Semi Detached
    20%
    Low Rise Apartment
    12%
    High Rise Apartment
    7%
    Duplex
    7%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    54%
    Cantonese
    17%
    Mandarin
    13%
    Other
    12%
    Tamil
    3%
    Tagalog
    1%
    Education
    University and Above
    28%
    High School
    27%
    None
    20%
    College
    16%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    7%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    1%

    Building Trends At The Palm Residences

    Days on Strata

    Units at The Palm Residences spend an average of
    30
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Newtonbrook

    Turnover of Units

    On average, each unit is owned for
    5.9
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 53 condos in the Newtonbrook area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    29
    Units were Rented over the past twelve months

    Best Value Rank

    The Palm Residences offers the
    ?
    best value out of 53 condos in the Newtonbrook neighbourhood

    Appreciation Rank

    The Palm Residences has the
    ?
    highest ROI out of 53 condos in the Newtonbrook neighbourhood

    Rental Yield

    The Palm Residences yields the
    ?
    highest rent prices out of 53 condos in the Newtonbrook neighbourhood

    High Demand

    The Palm Residences is the
    ?
    most popular building out of 53 condos in the Newtonbrook neighbourhood

    Market Insights

    Transaction Insights at The Palm Residences

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$448,888 - $455,000No Data$585,000 - $610,000$640,000No Data
    Avg. Cost Per Sqft$853No Data$807$765No Data
    Avg. Wait for Unit Availability153 Days112 Days51 Days140 DaysNo Data
    Ratio of Units in Building19%20%42%18%2%

    Market Inventory

    Total number of units listed and sold in Newtonbrook