5740 Yonge St 1505
Newtonbrook West, North York, M2M 0B1
FOR SALE
$579,999
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Property Description
Prime Location The Palm Luxury Condo. Experience luxury living in this fully renovated, high-floor 1-bedroom + den unit in the heart of North York. This immaculate home features, brand-new stainless steel appliances, a newly upgraded kitchen and bathroom, new flooring, and Fresh paint, offering a bright and spacious layout with 9 ceilings. The open-concept living, area showcases a quartz countertop, a breakfast counter, and a walkout to a private balcony with an unobstructed view. Key Features:? Fully renovated from top to bottom, ? Brand-new kitchen & bathroom upgrades, ? New flooring and fresh paint, ? One parking spot conveniently located near the elevator.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-11-27 | 2025-02-05 | 70 | $579,999 | - | Terminated |
| 2022-07-13 | 2022-07-17 | 5 | $2,150 | $2,200 | Leased |
| 2021-06-04 | 2021-07-20 | 47 | $1,900 | $1,900 | Leased |
| 2020-03-05 | 2020-04-20 | 46 | $2,000 | - | Terminated |
| 2020-01-25 | 2020-03-05 | 40 | $2,300 | - | Terminated |
| 2019-01-13 | 2019-01-17 | 4 | $2,200 | $2,200 | Leased |
| 2018-12-01 | 2019-01-13 | 43 | $2,200 | - | Terminated |
Nearby Intersections
Yonge & Finch (294)
Yonge & Steeles (191)
Property Features
Clear View, Cul De Sac, Library, Park, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,174 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (Level B Unit 85)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.14' x 18.27' | Laminate, Combined W/Dining, W/O To Balcony |
| Dining | Main | 12.14' x 18.27' | Laminate, Combined W/Living, W/O To Balcony |
| Kitchen | Main | 6.53' x 8.50' | Stainless Steel Appl, Quartz Counter, Breakfast Bar |
| Br | Main | 9.58' x 9.97' | Picture Window, Mirrored Closet, Laminate |
| Den | Main | 5.81' x 7.48' | Open Concept, Laminate |
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North York Market Statistics
North York Price Trend
5740 Yonge St 1505 is a 1-bedroom 1-bathroom condo listed for sale at $579,999, which is $22,889 (4.1%) higher than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in North York declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in North York over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in North York typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in North York over the last 30 days (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in North York stood at 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Real Estate Centre Inc.
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