$533,000

$535,000For salePrice drop↓ $2,000 (0%)

#1201 5740 Yonge Street, Toronto (Newtonbrook West) - Single Family for Sale

#1201 5740 Yonge Street, Toronto (Newtonbrook West), Ontario, M2M0B1

2 beds2 baths1 parking750 ft²$767/mo condo feeListed 56 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Its $533,000 asking price sits right in line with the $549,000 median in Toronto.

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Description

tunning, Sun-Filled Split 2-Bed, 2-Bath High-Floor Unit In The Desirable 'The Palm Condos'! Located At The Core Of Yonge & Finch. Highly Functional Layout (700-799 Sqft) Featuring Floor-To-Ceiling Windows, Unobstructed South Views, & A Private Balcony. Freshly Upgraded This Year (2026) With Brand-New Stainless Steel Washer, Dryer, Range Hood, Dishwasher, Upgraded Faucets, & Fully Serviced Fan Coil Motors. High-Quality Flooring Throughout. Move-In Ready Condition! Unmatched Location: 2-Min Walk To Finch Subway Station, GO Transit, & Viva Hub. Future H-Mart Directly Across The Street. Steps to Countless Restaurants, Cafes & Parks. Includes 1 Parking & 1 Locker. Luxurious Building Amenities: 24Hr Concierge, Indoor Pool, Gym, Steam Room, Outdoor Terrace & Visitor Parking. A Must See! A brand new large format H-Mart Asian grocery store is opening soon, It located just across the street. (id:66096)

Property Details

MLS®: C13768828
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $767/mo
Fee Includes: Heat, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,292/yr
Listed: 56 days ago

Rooms

Flat

Living room: 4.85 x 3 meters
Dining room: 4.85 x 3 meters
Kitchen: 2.5 x 2.44 meters
Primary Bedroom: 3.17 x 3.15 meters
Bedroom 2: 2.98 x 2.81 meters
Bathroom: 2 x 1.5 meters
Laundry room: 1.8 x 1 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Dishwasher, Stove, Dryer, Hood Fan
Flooring: Laminate, Ceramic
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

56d

Toronto (Newtonbrook West) listings, avg age

56d

Price / ft²

$711

List price

$533K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (Newtonbrook West) has been listed for 56 days, right at the city average. A solid opportunity worth looking into.

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Listed by IGNITE STAR REALTY INC. · TONY LI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2M)

This home lists at $533,000, about 6.6× the local median household income of $81,000.

Carrying it typically needs a household income of about $104,114 (20% down, 25-yr amortization, stress-tested) — roughly 29% above the area median.

Median household income: $81,000
Population: 31,915
Median age: 44.4
Owner / renter: 58% / 43%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M2M)

$533,000· $711/ft²

For sale

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Full Cost Breakdown

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Down Payment5.31% · $28,300

Min 5.31%50%

Mortgage payment$2,798/mo

↳ CMHC premium ($20,188 capitalized)

Property tax (est.)$191/mo

Condo fee$767/mo

Total monthly$3,756

Cash Needed to Close

Down payment (5.31%)$28,300

Land transfer tax$14,270

Est. closing costs$4,099

Total cash needed$46,669

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