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$399,800
Toronto
#703 5740 Yonge Street, Toronto (Newtonbrook West), Ontario, M2M0B1
This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $399,800, it is attractively priced about 27% below the $549,000 median asking price in Toronto. It has been on the market 0 days, fresher than the Toronto average of 56 days.
Bright and efficient one-bedroom at The Palm Residences - 549 sq ft of well-planned space plus an oversized 59 sq ft balcony, one of the largest outdoor spaces you'll find in a suite this size. Open-concept living and dining with a walkout to the balcony, a separate bedroom with double closet, four-piece bath, and a full kitchen with stainless appliances and ensuite laundry. No wasted hallway space - every square foot works. Unbeatable location at Yonge & Finch: steps to Finch Subway Station and the GO/YRT/VIVA terminal, one bus to York University, minutes to Hwy 401 and 404, with groceries, restaurants, and cafés at your door. Building amenities include an indoor pool, sauna/steam room, fully equipped gym, party and games rooms, media room, business centre, rooftop terrace with BBQs, visitor parking, and 24-hour concierge. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Just listed: 0 days on market, against an average age of 56 days across the listings currently for sale in this city
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.
This 1-bed single family in Toronto (Newtonbrook West) has been listed for 0 days, which is 56 days fresher than the city average of 56. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $399,800, about 4.9× the local median household income of $81,000.
Carrying it typically needs a household income of about $78,095 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA M2M)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice