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703 - 5740 Yonge Street
For RentThe Palm ResidencesEst Lease Timeframe 8 Days
$2,200/mth
Price Cut: $2,400
1 Bed
1 Bath
0 Parking
549 SQFT
43 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
West
Locker:
None
Possession Date:
Immediately
Lease Term:
1 Year
Renter's Market
Balanced
Landlord's Market
Utilities Included
Rent Includes
Heat
Water
Building Maintenance
Building Insurance
Excluded
Hydro
Air Conditioning
Unit Details
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
- Ensuite Laundry
- Yes
Room Dimensions
Living
Laminate, Open Concept, Walkout To Balcony
20.21 x 9.35ft
Dining
Laminate, Breakfast Bar, Combined with Living
20.21 x 9.35ft
Kitchen
Ceramic Floor, Granite Counter, Stainless Steel Appliances
8.69 x 7.51ft
About this Listing
Absolutely Beautiful 1 Bedroom "Butterfly Palm" Condo Suite. Very Functional & Spacious Open Concept Layout W/Balcony & Floor To Ceiling Windows. Newer Laminate Flooring. Gorgeous Kitchen W/Granite Breakfast Bar & S/S Appliances. Open Concept Dining/Living. Balcony West Facing! Superb Location @ Yonge & Finch. Next To The TTC Subway!
homelife/cimerman real estate limitedMLS® #C8176346
Amenities
Rooftop Deck
Gym Room
Indoor Pool
Party Room
Media Room
Rec Room
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
$67,675
Average Household Size
3 persons
Average Age
42
Average Household Income
$115,798
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 (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%
Price Trends
Building Trends At The Palm Residences
Days on Strata
Units at The Palm Residences spend an average of
29
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 a
LOWchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
6
YEARS before being sold againProperty Value
2%
Increase in property value within the past twelve months
Price Ranking
5th
Highest price per SQFT out of 39 condos in the Newtonbrook area
Sold Units
3
Units were Sold over the past twelve months
Rented Units
20
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 | $725,000 | $697,500 | No Data |
Avg. Cost Per Sqft | $1,007 | No Data | $1,030 | $754 | No Data |
Price Range | $2,300 - $2,450 | $2,400 - $2,650 | $2,900 - $3,300 | $2,850 - $3,400 | No Data |
Avg. Wait for Unit Availability | 122 Days | 100 Days | 42 Days | 130 Days | No Data |
Avg. Wait for Unit Availability | 50 Days | 35 Days | 20 Days | 55 Days | No Data |
Ratio of Units in Building | 20% | 20% | 41% | 19% | 2% |
Maintenance Fees
The Palm Residences vs The Newtonbrook Area