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For sale · MLS® C14119416

5740 Yonge Street 507, Toronto, ON M2M 0B1

Toronto, ON M2M 0B1

$499,800Asking price
MLS entry age: 8 days2 Bedrooms2 Bathrooms— Reported areaCondo Apartment Type
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Quick cost estimateKnown monthly subtotal$2,557.60 / monthLand transfer tax $12,942One-time estimate
PLANNING ESTIMATE

Quick cost estimate

$2,557.60 / month

Known monthly subtotal

Mortgage principal & interest
$2,325.49
Property tax / month
$232.11
Maintenance / month
Period / amount not reported

Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.

Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.

Land transfer tax · one time

Transfer tax total
$12,942

Before rebates, surcharges and fees. Not part of the monthly subtotal.

Tax assumptions & breakdown

Toronto municipal tax is included because the listing is located in the City of Toronto.

Ontario tax
$6,471
Toronto municipal tax
$6,471

Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.

Ontario rates · Toronto rates (April 2026)

Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.

Adjust cost assumptions ↓ · Closing-cost tools

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About this home

Welcome to Suite 507 at The Palm Residences-a bright, recently renovated 752 sq ft two-bedroom, two-bathroom suite in the heart of Yonge & Finch. Featuring new flooring and fresh paint throughout, this inviting home offers a functional split-bedroom layout. Open-concept living and dining areas extend to a private 52 sq ft balcony, while the modern kitchen features granite countertops and stainless steel appliances. Ensuite laundry and owned parking add everyday convenience. Steps to Finch Subway Station and the GO/YRT/VIVA terminal, with a direct bus connection to York University and easy access to Highways 401 and 404. Enjoy outstanding amenities, including an indoor pool, sauna and steam room, fully equipped gym, party and games rooms, media room, business centre, rooftop terrace with BBQs, visitor parking, and 24-hour concierge.

Home details

Days on market
Not reported
Property type
Condo Apartment
MLS® number
C14119416
Source status
New
Bedrooms
2
Bathrooms
2
Postal code
M2M 0B1
Kitchens
1
Kitchens above grade
1
Family room / den
No
Interior size (reported range)
700-799 (units not reported)
Garage parking spaces
Not reported
Total parking spaces
1
Occupancy
Vacant
Possession type
Immediate
Garage
Underground
Annual property tax
2785.34
Maintenance fee (source period)
803.4
Basement
None
Laundry
Ensuite
Interior features
Primary Bedroom - Main Floor
Architectural style
Apartment
Fireplace
No
Waterfront
No
Garage available
Yes
Heating system
Forced Air
Heating fuel
Gas
Cooling
Central Air
Construction materials
Concrete
MLS entry age (not confirmed DOM)
8 days

These details come from the listing source. Please confirm measurements and fees before making a decision.

Utilities and services

Heating system
Forced Air
Heating fuel
Gas
Cooling
Central Air
Included in maintenance
Heat Included, Water Included, CAC Included, Common Elements Included, Parking Included, Building Insurance Included

A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.

Rooms & virtual tours

Room measurements

Room measurement units

Loading source-reported room dimensions…

Converted measurements are approximate. Levels and dimensions are shown only when supplied.

Bedrooms above grade
2
Rooms above grade
5
Den / family room reported
No

Reported counts are shown independently. Room dimensions have not been inferred from these counts.

Ask the listing brokerage for floor plans and measured room layouts.

PARTIAL SOURCE RECORD

Listing dates & price record

Asking amount
$499,800

  1. Original MLS entry

    Entry into the source MLS system; distinct from days on market.

Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.

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Nearby homes sold near 5740 Yonge Street 507, Toronto, ON M2M 0B1, Toronto

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Estimate monthly costs

Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.

Enter assumptions

Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

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Map and neighbourhood

Region / county
Toronto
Municipality
TORONTO
MLS® community
Newtonbrook West
MLS® district
Toronto C07
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PLAN YOUR ROUTE

Plan a trip from this home

Check a route from this property to work, school or another destination. Google Maps provides the current estimate when opened; traffic and departure time affect results.

Google Maps opens in a new tab and calculates the route. Your destination and this property location are sent to Google only when you submit. EnterHome does not store the destination or calculate a travel time.

Around this property

Schools, transit & everyday places

Published local sources. Distances are approximate straight-line distances, not walking routes.

Nearby publicly funded schools

Within 5 km · approximate straight-line distances, not walking routes or attendance eligibility.

School year 2024-2025 · Preliminary · publisher extract 2026-09-14.

553 m

Drewry Secondary School ↗

Secondary · 9-12 · English · Public

School board: Toronto DSB ↗

70 Drewry Ave, North York

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

No published percentages for these measures in this source record.

559 m

Avondale Secondary Alternative School ↗

Secondary · 9-12 · English · Public

School board: Toronto DSB ↗

24 Silverview Dr Dr, North York

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

No published percentages for these measures in this source record.

618 m

ÉIC Monseigneur-de-Charbonnel ↗

Elementary · 7-8 · French · Catholic

School board: CS catholique MonAvenir ↗

110 Drewry avenue, Toronto

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

No published percentages for these measures in this source record.

623 m

ÉSC Monseigneur-de-Charbonnel ↗

Secondary · 9-12 · French · Catholic

School board: CS catholique MonAvenir ↗

110 Drewry avenue, Toronto

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

No published percentages for these measures in this source record.

702 m

St Cyril Catholic School ↗

Elementary · JK-8 · English · Catholic

School board: Toronto CDSB ↗

18 Kempford Blvd, Toronto

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Mathematics (at provincial standard)
74%
Grade 6 Reading (at provincial standard)
94%
Grade 6 Writing (at provincial standard)
100%
Grade 6 Mathematics (at provincial standard)
94%
756 m

R J Lang Elementary and Middle School ↗

Elementary · JK-8 · English · Public

School board: Toronto DSB ↗

227 Drewry Ave, North York

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
65%
Grade 3 Writing (at provincial standard)
47%
Grade 3 Mathematics (at provincial standard)
61%
Grade 6 Reading (at provincial standard)
78%
Grade 6 Writing (at provincial standard)
72%
Grade 6 Mathematics (at provincial standard)
34%
1.1 km

McKee Public School ↗

Elementary · JK-5 · English · Public

School board: Toronto DSB ↗

35 Church Ave, North York

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
91%
Grade 3 Writing (at provincial standard)
84%
Grade 3 Mathematics (at provincial standard)
84%
1.2 km

St Antoine Daniel Catholic School ↗

Elementary · JK-8 · English · Catholic

School board: Toronto CDSB ↗

160 Finch Ave W, Toronto

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
74%
Grade 3 Writing (at provincial standard)
47%
Grade 3 Mathematics (at provincial standard)
37%
Grade 6 Reading (at provincial standard)
92%
Grade 6 Writing (at provincial standard)
76%
Grade 6 Mathematics (at provincial standard)
24%

Confirm programs and attendance with the school board. Private schools and verified catchment boundaries are not included. Contains information licensed under the Open Government Licence – Ontario. Ministry source.

NEARBY CONNECTIONS

Transit near this property

Published transit locations. Distances are straight-line estimates, not walking routes or travel times.

Rail & subway · within 5 km

  • FinchTTC · Subway · Bus
    277 m
  • North York CentreTTC · Subway
    1.7 km
  • Sheppard-YongeTTC · Subway · Bus
    2.4 km
  • BayviewTTC · Subway
    3.0 km
  • BessarionTTC · Subway
    3.6 km

Bus & streetcar · within 2 km

  • Yonge St at Bishop Ave North SideTTC · Bus
    102 m
  • 5800 Yonge StTTC · Bus
    129 m
  • Yonge St at Bishop Ave North Side - Finch StationTTC · Bus
    140 m
  • Finch Bus TerminalGO Transit · Bus
    148 m
  • Yonge St at Hendon AveTTC · Bus
    158 m
  • Finch Bus TerminalGO Transit · Bus
    184 m
  • 5799 Yonge StTTC · Bus
    222 m
  • 5799 Yonge StTTC · Bus
    234 m
Sources & service information

These are locations in published feeds, not live arrivals or confirmation of service at this moment. Station platforms are grouped only by the source parent-station relationship. Check the agency for schedules, disruptions, access and entrances. Coverage: TTC, GO Transit and UP Express only; other agencies are not yet connected.

EVERYDAY DESTINATIONS

Nearby amenities

Mapped places within 2.0 km. Distances are straight-line estimates to map points or area centres.

© OpenStreetMap contributors · ODbL · Download this open dataset

Coverage & map information

Map snapshot: 2026-11-02T15:25:06Z. This is a rectangular GTA-area extract with partial regional coverage. Data may be incomplete near its edges. Places and categories are community mapped; opening status, entrances and service availability are not verified. Matching point/area entries with the same name within 25 metres are paired for display using the point location; the downloadable dataset retains every original map record. Other duplicates may remain. No walking routes, travel times or walking score are inferred.

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Similar homes for sale in Toronto

Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.

Property questions

How do I request a showing?

Choose a date and time preference in the request form. A request is not a confirmed appointment; EnterHome will confirm availability separately.

Are the measurements and features independently verified?

Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.

What do nearby school, transit and shop results mean?

They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.

Can I see sold prices for nearby properties?

Sold and leased comparable records are shown only to approved VOW users where the source permits display. Sign in or request VOW access if prompted.

How should I use the monthly cost estimate?

It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.

Home and neighbourhood overview

5740 Yonge Street 507, Toronto, ON M2M 0B1, Toronto is listed for sale as a Condo Apartment. The listing reports 2 bedrooms, 2 bathrooms, reported interior area of 700-799 (units not reported), kitchens reported as 1, parking spaces reported as 1. Asking price: $499,800. Occupancy is reported as Vacant. Review the Home details, room measurements and utility sections below to compare reported specifications; confirm important details with the listing brokerage. MLS® C14119416.

The Ministry’s school dataset lists Drewry Secondary School approximately 553 m from the property’s mapped location. The published TTC feed includes Finch, approximately 277 m away. OpenStreetMap shows nearby mapped places including Hendon Park (310 m) and H Mart (253 m).

Local context

The Ministry’s school dataset lists Drewry Secondary School approximately 553 m from the property’s mapped location.

The published TTC feed includes Finch, approximately 277 m away.

OpenStreetMap shows nearby mapped places including Hendon Park (310 m) and H Mart (253 m).

Sources & distance notes

Distances are approximate straight-line estimates to mapped points or area centres. School proximity does not establish attendance eligibility. Published transit locations do not confirm service at this moment.

© OpenStreetMap contributors · ODbL

Explore the area: Toronto · Newtonbrook West.

This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.

Listing brokerage: RE/MAX CITY ACCORD REALTY INC.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® C14119416. Information deemed reliable but not guaranteed.

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