5740 Yonge St 304
Newtonbrook West, North York, M2M 3T3
FOR SALE
$650,000
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Property Description
Client RemarksRarely offered in the sought after "The Palms" condo building in the heart of North York! Unbeatable location with the subway 500m from the building, plus a short walk to Go and TTC! Although no car is needed here, this unit boasts rarely offered 1 underground parking spots, easily rented if not needed. Interior boasts a remodeled kitchen with custom built pantry giving great kitchen space, plus granite counters, laminate flooring, newer SS appliances, ensuite laundry. This building has everything you need for amenities: indoor pool and steam room, gym, concierge, conference room, party room with full kitchen and a beautiful outdoor patio/BBQ area
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-09-10 | 2023-10-04 | 24 | $3,300 | - | Terminated |
2021-09-03 | 2021-09-14 | 11 | $2,400 | $2,350 | Leased |
2021-09-03 | 2021-09-14 | 11 | $2,400 | $2,350 | Leased |
2019-08-18 | 2019-08-21 | 3 | $2,600 | $2,620 | Leased |
Nearby Intersections
Yonge & Finch (294)
Yonge & Steeles (191)
Property Features
Park, Public Transit, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$1,427 (2025)
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 9.61' x 15.12' | Laminate, Combined W/Dining, W/O To Balcony |
Dining | Main | 9.61' x 15.12' | Laminate, Combined W/Living |
Kitchen | Main | 9.35' x 9.12' | Ceramic Floor, Open Concept, Open Concept |
Prim Bdrm | Main | 10.30' x 10.40' | Laminate, 4 Pc Ensuite, Closet |
2nd Br | Main | 9.02' x 10.70' | Laminate, 4 Pc Bath, Closet |
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North York Market Statistics
North York Price Trend
5740 Yonge St 304 is a 2-bedroom 2-bathroom condo listed for sale at $650,000, which is $106,601 (14.1%) lower than the average sold price of $756,601 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in North York increased by $25,750 (3.5%) compared to the previous 30 day period (December 22 - January 20) and down $31,820 (4.0%) from the same time one year ago.Inventory Change
There were 1,180 2-bedroom condos listed in North York over the last 30 days (January 21 - February 19), which is up 45.7% compared with the previous 30 day period (December 22 - January 20) and up 12.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in North York typically sold ($15,842) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,965 increase compared to the previous 30 day period (December 22 - January 20) and ($14,808) 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 2-bedroom condos in North York over the last 30 days (January 21 - February 19) stood at 26.8%, down from 33.1% over the previous 30 days (December 22 - January 20) and down from 45.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in North York stood at 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Master`S Trust Realty Inc.
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