The Palm Residences
4Listings for Salefor Sale
2Listings for Rentfor Rent
5740 Yonge St
The Palm Residences
5740 Yonge Stexpand addresses list
    4Listings for Salefor Sale
    2Listings for Rentfor Rent
    Walk Score
    85
    Transit Score
    100
    Bike Score
    59
    © MapTiler © OpenStreetMap
    0
    CONDO Demand
    Average
    Unit Availability
    Above Average
    Property Type
    Condo
    Developer
    Castle Group
    Condo Completion
    2013
    Property Management
    Del Property Management Inc.
    Unit Size Range
    504 - 1710 SQFT
    Number of Units
    214
    Number of Storeys
    23

    5740 Yonge St, Toronto

    About this condo

    Condo Overview

    The Palm Residences is located in the Newtonbrook area, houses 214 units and was completed in 2013. We’ll feature more information about 5740 Yonge St soon!

    4

    Listings For Sale

    Interested in receiving new listings for sale?

    2

    Listings For Rent

    Interested in receiving new listings for rent?

    Amenities

    Recreation Room
    Concierge
    Visitor Parking
    Games Room
    Gym
    Party/Meeting Room
    Indoor Pool

    Maintenance Fees Cover

    Maintenance fees include

    None

    Owner / renter pays separately

    Hydro
    Heat
    Air Conditioning
    Water

    Past Sold & Rented Listings

    Stats, Trends & Rankings

    Price Per Square Foot
    The Palm Residences vs The Newtonbrook Area

    $192.00
    More Expensive
    per SQFT compared to the neighbourhood average
    The Palm Residences's Avg
    price per SQFT
    $870
    / SQFT
    Neighbourhood Avg
    price per SQFT
    $678
    / SQFT

    Building Trends At The Palm Residences

    Days on Market

    Units at The Palm Residences spend an average of
    24
    Days on Market
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an

    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    6.1
    YEARS before being sold again

    Property Value

    6%
    Increase in property value within the past twelve months

    Price Ranking

    6th
    Highest price per SQFT out of 35 condos in the Newtonbrook area

    Sold Units

    30
    Units were Sold over the past twelve months

    Rented Units

    67
    Units were Rented over the past twelve months

    Best Value

    The Palm Residences offers the
    ?
    best value out of 35 condos in the Newtonbrook neighbourhood

    Return on Investment

    The Palm Residences has the
    ?
    highest ROI out of 35 condos in the Newtonbrook neighbourhood

    Rental Yield

    The Palm Residences yields the
    ?
    highest rent prices out of 35 condos in the Newtonbrook neighbourhood

    High Demand

    The Palm Residences is the
    ?
    most popular building out of 35 condos in the Newtonbrook neighbourhood

    Sales vs Rental Values For This Condo

    1 Bed534 - 600 SQFT
    Average Cost Per Sqft$908
    Sales Price Range$435,000 - $548,000
    Rental Price Range$1,700 - $2,000
    1 Bed + Den549 - 679 SQFT
    Average Cost Per Sqft$906
    Sales Price Range$515,000 - $562,000
    Rental Price Range$1,550 - $1,900
    2 Bed712 - 1208 SQFT
    Average Cost Per Sqft$821
    Sales Price Range$580,000 - $850,000
    Rental Price Range$1,900 - $2,400
    2 Bed + Den800 - 823 SQFT
    Average Cost Per Sqft$796
    Sales Price Range$619,000 - $695,000
    Rental Price Range$2,100 - $2,450

    How Often Are Units Listed?

    1 Bed504 - 600 SQFT
    Average Sales Availability
    Every108Days
    Average Rental Availability
    Every37Days
    Ratio of Unit Type in Building21%
    1 Bed + Den549 - 679 SQFT
    Average Sales Availability
    Every99Days
    Average Rental Availability
    Every30Days
    Ratio of Unit Type in Building19%
    2 Bed712 - 1208 SQFT
    Average Sales Availability
    Every39Days
    Average Rental Availability
    Every17Days
    Ratio of Unit Type in Building42%
    2 Bed + Den800 - 865 SQFT
    Average Sales Availability
    Every125Days
    Average Rental Availability
    Every45Days
    Ratio of Unit Type in Building19%
    3 Bed1710 - 1710 SQFT
    Average Sales Availability
    N/A
    Average Rental Availability
    N/A
    Ratio of Unit Type in Building3%

    Maintenance Fees
    The Palm Residences vs The Newtonbrook Area

    $0.06
    More Expensive
    per SQFT compared to the neighbourhood average
    The Palm Residences's Avg
    monthly maintenance
    fee per SQFT
    $0.77
    / SQFT
    Neighbourhood Avg
    monthly maintenance
    fee price per SQFT
    $0.71
    / SQFT

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