5740 Yonge StUnit 1306
2Beds
2Bath
757SQFT
Price Reduction
$729,000 $699,000 (-$30,000)
5740 Yonge StUnit 1306
ACTIVE
$729,000 $699,000 (-$30,000)
2Beds
2Bath
757SQFT
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
Parking
Yes
Locker
No
Days on Market
76
Cost per SQFT
$923/sqft
Maintenance
$638/mth
Taxes
$2,206
Outdoor Space
Open
Exposure
North West
Possession Date
To Be Arranged
CONDO Demand
Average
Unit Availability
Above Average
Property Type
Condo

5740 Yonge St | Unit #1306 at The Palm Residences

About the Property

The Palm Residences Located Right Cross Yonge/Finch Subway Station. Spacious 2-Split Bedrooms, 2 Full Baths, Unobstructed Northwest View, Large Balcony, Newer Floor, Newer Kitchen Granite Counter Tops, Stainless Steels Appliances, Walking To Ttc, Schools, Groceries, Shopping, Restaurant, Parks. Great Building Amenities With 24H Concierge, Visitor Parking, Pool, Meeting Rm And Gym.

Extras

S/S Fridge, Stove, Range/Microwave, Dishwasher, Stacked Washer And Dryer. All Existing Electrical Light Fixtures, Existing Windows Coverings, One Parking Included.

Brokerage: homelife landmark realty inc., brokerageMLS® #C5374140

Market Temperature
Buyer's Market
Balanced
Seller's Market

Book A Showing

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Thursday
2
December
Friday
3
December
Saturday
4
December

Viewings are free and there's no obligation.

Room Dimensions

AreaFeet | MetersDetails
Living58.96 x 35.4ftLaminate, Combined with Dining, Walkout To Balcony
Dining58.96 x 35.4ftLaminate, Combined with Living
Kitchen32.06 x 29.5ftOpen Concept, Quartz Counter, Stainless Steel Appliances
Prim Bdrm39.27 x 29.5ftLaminate, 4 Piece Ensuite, Large Window
2nd Bedroom32.06 x 29.5ftLaminate, Large Window

Maintenance Fees Cover

Maintenance Fees Include

Heat
Air Conditioning
Water
Parking
Building Insurance

Owner Pays Separately

Hydro

Amenities

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

Listing History for Unit 1306

Stats, Trends & Rankings

Price Per Square Foot
The Palm Residences vs The Newtonbrook Area

$181.00
More Expensive
per SQFT compared to the neighbourhood average
The Palm Residences's Avg
price per SQFT
$860
/ SQFT
Neighbourhood Avg
price per SQFT
$679
/ SQFT

Building Trends At The Palm Residences

Days on Market

Units at The Palm Residences spend an average of
27
Days on Market
based on recent sales

List vs Selling Price

On average, these condos sell for
1%
above
the 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

7th
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

68
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$910
Sales Price Range$435,000 - $548,000
Rental Price Range$1,700 - $2,000
1 Bed + Den583 - 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$830
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 - $2,500

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
Every38Days
Average Rental Availability
Every17Days
Ratio of Unit Type in Building42%
2 Bed + Den800 - 865 SQFT
Average Sales Availability
Every125Days
Average Rental Availability
Every44Days
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

$0.08
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
$0.69
/ SQFT

Travel Times

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