1707 - 5740 Yonge St
For RentThe Palm ResidencesEst Lease Timeframe 13 Days
$3,000/mth
2 Beds
2 Bath
1 Parking
752 SQFT
22 Days on Strata
Listing History
Unit Highlights
Possession Date:
November 1, 2024
Lease Term:
1 Year
Property Type:
Condo
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
Yes
Exposure:
North East
Locker:
None
Laundry:
Ensuite
Renter's Market
Balanced
Landlord's Market
Utilities Included
Rent Includes
Heat
Air Conditioning
Water
Parking
Building Maintenance
Building Insurance
Excluded
Hydro
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
Room Dimensions
Living
Combined with Dining, Laminate, Walkout To Balcony
18.01 x 10.01ft
Dining
Combined with Living, Laminate, Walkout To Balcony
18.01 x 10.01ft
Prim Bdrm
4 Piece Ensuite, Large Window
12.01 x 8.99ft
About this Listing
Furnished Spacious 2Bds 2Full Bath With Clear View Of 752 Sqf! Prime Yong/Finch, Steps To Finch Subway Stn, Go Transit, Restaurants, Shops And More. Luxury Building And Amenities. Furniture Includ. as shown in the photos. Fresh paint on whole units including walls and doors. Brandnew laminated floor throughout.
ExtrasAmenities : Gym / Exercise Room, Pool, Concierge, Visitor Parking, Bbqs, Business Centre, Media Room,Etc. Check out virtual tour!!!
master`s choice realty inc.MLS® #C9388347
Amenities
Security System
Rooftop Deck
Visitor Parking
Sauna
Media Room
Gym Room
Explore Neighbourhood
8/10
Walkability
One small step for you. One giant leap towards never needing a gym membership.
10/10
Transit
Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
5/10
Bikeability
You'll have a love-hate relationship with your gears. Mostly hate.
Similar Listings
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
16,570
Average Individual Income
$67,675
Average Household Size
3 persons
Average Age
42
Average Household Income
$115,798
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
51%
Semi Detached
20%
Low Rise Apartment
12%
High Rise Apartment
7%
Duplex
7%
Marital Status
Commute
Languages (Primary Language)
English
54%
Cantonese
17%
Mandarin
13%
Other
12%
Tamil
3%
Tagalog
1%
Education
University and Above
28%
High School
27%
None
20%
College
16%
Apprenticeship
3%
University Below Batchelor
3%
Major Field of Study
Business Management
28%
Architecture & Engineering
18%
Health & Related Fields
11%
Social Sciences
10%
Math & Computer Sciences
7%
Physical Sciences
5%
Humanities
4%
Education
4%
Personal, Protective & Transportation Services
3%
Visual & Performing Arts
2%
Agriculture & Natural Resources
1%
Price Trends
Maintenance Fees
The Palm Residences vs The Newtonbrook Area
Building Trends At The Palm Residences
Days on Strata
Units at The Palm Residences spend an average of
34
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
2%
above
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Newtonbrook
Turnover of Units
On average, each unit is owned for
5.9
YEARS before being sold againProperty Value
-12%
Decrease in property value within the past twelve months
Price Ranking
3rd
Highest price per SQFT out of 41 condos in the Newtonbrook area
Sold Units
3
Units were Sold over the past twelve months
Rented Units
30
Units were Rented over the past twelve months
Best Value Rank
The Palm Residences offers the best value out of 41 condos in the Newtonbrook neighbourhood
?
Appreciation Rank
The Palm Residences has the highest ROI out of 41 condos in the Newtonbrook neighbourhood
?
Rental Yield
The Palm Residences yields the highest rent prices out of 41 condos in the Newtonbrook neighbourhood
?
High Demand
The Palm Residences is the most popular building out of 41 condos in the Newtonbrook neighbourhood
?
Transaction Insights at 5740 Yonge Street
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
---|---|---|---|---|---|
Price Range | No Data | $550,000 | $625,000 | $697,500 | No Data |
Avg. Cost Per Sqft | No Data | $838 | $863 | $754 | No Data |
Price Range | $2,200 - $2,400 | $2,400 - $2,500 | $2,600 - $3,150 | $3,000 - $3,100 | No Data |
Avg. Wait for Unit Availability | 130 Days | 103 Days | 46 Days | 135 Days | No Data |
Avg. Wait for Unit Availability | 50 Days | 37 Days | 19 Days | 54 Days | No Data |
Ratio of Units in Building | 19% | 21% | 42% | 18% | 2% |
Transactions vs Inventory
Total number of units listed and leased in Newtonbrook