5740 Yonge St 507
Newtonbrook West, North York, M2M 0B1
FOR SALE
$649,000
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Property Description
Welcome to The Palm Beautiful 2 Bedroom Condo Suite @ Approx 750 Sq/Ft. Very Functional & Spacious Open Concept Sun-Filled Layout W/Balcony & Floor To Ceiling Windows. Split Bedroom Floor Plan. Two Washrooms. Gorgeous Kitchen W/Granite Breakfast Bar & S/S Appliances, Open Concept Dining/Living. Balcony East Facing. Includes Parking!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-08-03 | 2021-08-06 | 3 | $2,400 | $2,400 | Leased |
| 2020-07-06 | 2020-08-03 | 28 | $2,350 | $2,300 | Leased |
| 2019-06-14 | 2019-07-10 | 28 | $2,600 | $2,600 | Leased |
Nearby Intersections
Yonge & Finch (294)
Yonge & Steeles (191)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,596 (2025)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (B)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 8.07' x 8.76' | Ceramic Floor, Stainless Steel Appl, Granite Counter |
| Living | Main | 10.99' x 18.47' | Combined W/Dining, Laminate, Balcony |
| Dining | Main | 10.99' x 18.47' | Combined W/Living, Laminate, Breakfast Bar |
| Prim Bdrm | Main | 9.65' x 10.40' | Broadloom, 4 Pc Ensuite, Mirrored Closet |
| Br | Main | 8.73' x 10.63' | Broadloom, Large Window, Mirrored Closet |
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North York Market Statistics
North York Price Trend
5740 Yonge St 507 is a 2-bedroom 2-bathroom condo listed for sale at $649,000, which is $107,601 (14.2%) 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 Homelife/Cimerman Real Estate Limited
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