$549,800Asking Price
5740 Yonge Street 507, Toronto, ON M2M 0B1 #507
Newtonbrook, Toronto
Welcome to Suite 507 at The Palm Residences - a bright, functional 752 sq ft two-bedroom, two-bath split layout in the heart of Yonge & Finch. The smart split-bedroom design offers real privacy, ideal for roommates, guests, or a work-from-home setup. Open-concept living and dining flows to a private 52 sq ft balcony. Modern kitchen with granite counters and stainless appliances, ensuite laundry, and **owned parking included**. Steps to Finch Subway Station, the GO/YRT/VIVA terminal, and one bus to York University; minutes to Hwy 401 and 404. Groceries, restaurants, cafés, and Hendon Park all within a short walk. Outstanding amenities: 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. Currently tenanted month-to-month - turnkey for investors.
Welcome to Suite 507 at The Palm Residences - a bright, functional 752 sq ft two-bedroom, two-bath split layout in the heart of Yonge & Finch. The smart split-bedroom design offers real privacy, ideal for roommates, guests, or a work-from-home setup. Open-concept living and dining flows to a private 52 sq ft balcony. Modern kitchen with granite counters and stainless appliances, ensuite laundry, and **owned parking included**. Steps to Finch Subway Station, the GO/YRT/VIVA terminal, and one bus to York University; minutes to Hwy 401 and 404. Groceries, restaurants, cafés, and Hendon Park all within a short walk. Outstanding amenities: 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. Currently tenanted month-to-month - turnkey for investors.
See MoreKey Info
- Apartment Condo
- 1 Parking
- Yonge St/ Finch Ave
- 700-799 Approximate Sq Feet
- North Exposure
- Open Balcony
- Ensuite Laundry
- No Locker
- Forced Air Gas Heating
- Central Air
Property
- $803 Monthly Condo Fees
- Includes: Heat, Water, Central A/C, Common Elements, Building Insurance, Parking.
- Excludes: Hydro, Cable TV
- Amenities: Concierge, Gym, Pool, Visitor Parking
- Taxes were $2,785 in 2026
Details
- Concrete Exterior
- No Fireplace
- 1 Kitchen
- Condo Corporation #2323
- Condo Registry Office: TSCC
- MLS #C13656176
- RE/MAX CITY ACCORD REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Flat | 8.76' x 8.01' | Modern Kitchen, Stainless Steel Appliances, Granite Counters |
 | 2 4-Piece Bathrooms in Flat | |||
How Far is Too Far?
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Who lives here?
Newtonbrook, Toronto is a north Toronto neighbourhood notable for its university grads and science professionals. It has a higher than average population of immigrants, particularly those from Iran, China, South Korea and the Philippines, and Cantonese, Tagalog, Mandarin, Persian, Russian and Korean speakers. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 25 to 29, 25 to 29, 25 to 29 and 25 to 29 and seniors aged 65 to 69.
Families
Kids Per Family
1.1
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
48%
of residents are
single and loving it.
48% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
43%
of residents
are renters.
43% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
56%
of residents are
university grads.
56% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$111K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 14% |
| Business | 10% |
| Government | 8% |
| Sciences | 7% |
| Management | 7% |
Immigrants
66%
of residents were
born outside of Canada.
66% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
11.2% from Philippines
All-time
Birthplace - Recent
3.9% from Philippines
Recent
Foreign Languages
Foreign Languages
| Persian | 11% |
| Korean | 9% |
| Tagalog | 8% |
| Russian | 7% |
| Mandarin | 7% |
Religions
Religions
| Christian | 52% |
| Muslim | 12% |
| Jewish | 7% |
| Buddhist | 3% |
| Hindu | 2% |
Social Housing
Social Housing Buildings
1
Social housing buildings
in the neighbourhood.
Shelters
Shelters
1
Homeless shelters in
the neighbourhood.
