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MLS Restricted Listing
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5740 Yonge Street
Listing History
Unit Highlights
Off Market Listing
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Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Heat
Air Conditioning
Water
Building Maintenance
Building Insurance
Excluded
Hydro
Unit Details
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
- Ensuite Laundry
- Yes
Amenities
Gym Room
Rooftop Deck
Visitor Parking
Concierge
Party Room
Indoor Pool
Nearby Amenities
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.
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
$63,971
Average Household Size
0 persons
Average Age
2
Average Household Income
$112,450
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
51%
Semi Detached
20%
Low Rise Apartment
12%
High Rise Apartment
7%
Duplex
7%
Marital Status
Commute
Languages
Tagalog
1%
Mandarin
8%
Cantonese
11%
Tamil
2%
English
36%
Indigenous Language
33%
Other
9%
Education
High School
27%
Apprenticeship
3%
University and Above
28%
College
16%
University Below Batchelor
3%
None
20%
Major Field of Study
Personal, Protective & Transportation Services
3%
Health & Related Fields
11%
Architecture & Engineering
18%
Humanities
4%
Physical Sciences
5%
Math & Computer Sciences
7%
Social Sciences
10%
Education
4%
Visual & Performing Arts
2%
Agriculture & Natural Resources
1%
Business Management
28%
Price Trends
Building Trends At The Palm Residences
Days on Strata
Units at The Palm Residences spend an average of
22
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
AVERAGEchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
6
YEARS before being sold againProperty Value
1%
Increase in property value within the past twelve months
Price Ranking
4th
Highest price per SQFT out of 39 condos in the Newtonbrook area
Sold Units
4
Units were Sold over the past twelve months
Rented Units
18
Units were Rented over the past twelve months
Best Value Rank
The Palm Residences offers the best value out of 39 condos in the Newtonbrook neighbourhood
?
Appreciation Rank
The Palm Residences has the highest ROI out of 39 condos in the Newtonbrook neighbourhood
?
Rental Yield
The Palm Residences yields the highest rent prices out of 39 condos in the Newtonbrook neighbourhood
?
High Demand
The Palm Residences is the most popular building out of 39 condos in the Newtonbrook neighbourhood
?
Transaction Insights at 5740 Yonge Street
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
---|---|---|---|---|---|
Price Range | $570,000 | No Data | $685,000 - $725,000 | $697,500 | No Data |
Avg. Cost Per Sqft | $1,007 | No Data | $1,006 | $754 | No Data |
Price Range | $2,450 | $2,500 - $2,650 | $2,900 - $3,300 | $2,850 - $3,400 | No Data |
Avg. Wait for Unit Availability | 122 Days | 100 Days | 43 Days | 130 Days | No Data |
Avg. Wait for Unit Availability | 48 Days | 33 Days | 20 Days | 54 Days | No Data |
Ratio of Units in Building | 20% | 20% | 41% | 19% | 2% |
Maintenance Fees
The Palm Residences vs The Newtonbrook Area