- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 700–799sq ft
- Per sq ft
- $666at the range’s middle
- Tax a year
- $2,7702026 tax year
- Built
- 11-15
- Parking
- 11 underground
- Days on market
- Members
The brief
About 1006-5740 Yonge St
1006-5740 Yonge St is a 2-bedroom, 2-bathroom condo in Newtonbrook West, Toronto, listed for sale at an asking price of $499,000 (MLS® C14120284).
PERFECTION AT THE PALM! The Princess: A FRESHLY UPDATED split 2 bed / 2 bath layout perfectly positioned at Yonge and Finch - steps to the TTC, neighbourhood cafes, restaurants, and everything Toronto living has to offer. 747 SF Interior Space + 48 SF Exterior, extending your living space outdoors. The open-concept living and dining area is a standout - genuinely large enough to fit both a living and dining setup, making this one of the more livable layouts on the market for entertainers and anyone who wants a condo that actually functions day to day. Every finish here has been upgraded: kitchen appliances (2026), washer/dryer stack (2026), flooring (2026), wall paneling (2026) as well as the kitchen and bathroom cabinets and countertops (2026). Residents of The Palm enjoy a full suite of amenities, including a gym, pool, steam room, and more - all within a building steps from transit and the best of the neighbourhood.
Insights
Condition Score
Good76/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall44/100−$514/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 5 condos with 2 bedrooms for lease in Newtonbrook West right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,770 / 2026
- MLS® number
- C14120284
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 11-15
- Days on market
- Size
- 700-799 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Newtonbrook West
- Municipality
- Toronto
Building
- Size
- 700-799 sqft
- Building Age
- 11-15
- Construction
- Concrete
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 3pc, 1 × 3pc
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Fan Coil
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Condo maint.
- $806
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 1006-5740 Yonge St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $499,000 | N/A | For Sale | C14120284 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $99,800
- Total mortgage amount
- $399,200
- Total interest payment
- $283,900
- Total purchase cost
- $782,900
- Mortgage payment
- $2,277/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
38%Monthly carrying cost
$3,314- Rent $2,800
- Shortfall $514
Rental income opens at $2,800, the median asking rent of 5 comparable homes for lease in Newtonbrook West. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $6,455
- Toronto municipal land transfer tax
- $6,455
- Total land transfer tax
- $12,910
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $4,435
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $499,000
- $1,980
- Ontario total
- $6,455
Toronto’s municipal tax uses the same brackets at this price, so it adds another $6,455.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m27 test or monitoring holes also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 38 building permits issued within 250 m in the last 2 years250 m
- 11 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 5.2 km5.2 km
- Mapped parcel: about 37,600 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 80 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (80 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.80 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, FibreStream, Rally. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
By-law
See Former City of North York By-Law No. 7625What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
5 building permits cleared at this address in the City’s file.
New BuildingInspection
Palm Condominium Residence - 23 storey apartment building with 216 units and 3 levels of underground parking
Issued May 14, 2012
Building Permit Related(MS)Inspection
HVAC - Palm Condominium Residence - 23 storey apartment building with 216 units and 3 levels of underground parking
Issued February 22, 2012
SprinklersInspection
Sprinklers shop drawings. - Palm Condominium Residence - 23 storey apartment building with 216 units and 3 levels of underground parking
Issued February 21, 2012
Building Permit Related(PS)Inspection
Plumbing - Palm Condominium Residence - 23 storey apartment building with 216 units and 3 levels of underground parking
Issued September 6, 2011
Building Permit Related (DR)Inspection
Drain - Palm Condominium Residence - 23 storey apartment building with 216 units and 3 levels of underground parking
Issued May 31, 2011
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
5800 YONGE STSite planUnder Review
Site Plan Application for Phase 2 (eastern) of 52 and 54 storeys. A total gross floor area of 80,022.1square metres, 267.5 square metres of non-residential, and 79,754.7 square metres of residential uses with 1,121dwelling units are proposed for this phase. 722 vehicular parking spaces are included in the Phase 2 portion of the development. See Application 23 153890 NNY 18 SA for Phase 1 and western towers.
180 m away5800 YONGE STSite planUnder Review
Proposal to construct a two-storey child care centre as part of redevelopment of site. Child care centre will have a gross floor area of 913 square metres and a height of 12.0metres. A total of 7 surface vehicle parking spaces are proposed along with 18 bicycle parking spaces.
180 m away5800 YONGE STSite planUnder Review
Site Plan Application for Phase 1 (western towers) of 46 and 48 storeys. A total gross floor area of 71,030.1 square metres of residential uses with 999 dwelling units are proposed for this phase. 799 vehicular parking spaces are included in the Phase 1 portion of the development. See Application 23 152215 NNY 18 SA for Phase 2 and eastern towers.
180 m away30 HENDON AVEOfficial plan or zoning amendmentOMB Appeal
OPA & Rezoning to permit the redevelopment of the subject site with a 46-storey (152.55-metre) purpose built rental apartment building, comprised of a 6- storey podium element and a 40-storey tower element, containing a total of 433 rental dwelling units. The proposal will have a gross floor area of approximately 30,696 square metres, resulting in a density equivalent to 22.9 times the gross area of the subject site.
190 m away32 HENDON AVEOfficial plan or zoning amendmentOMB Appeal
OPA & Rezoning to permit the redevelopment of the subject site with a 46-storey (152.55-metre) purpose built rental apartment building, comprised of a 6- storey podium element and a 40-storey tower element, containing a total of 433 rental dwelling units. The proposal will have a gross floor area of approximately 30,696 square metres, resulting in a density equivalent to 22.9 times the gross area of the subject site.
200 m away36 HENDON AVEOfficial plan or zoning amendmentOMB Appeal
OPA & Rezoning to permit the redevelopment of the subject site with a 46-storey (152.55-metre) purpose built rental apartment building, comprised of a 6- storey podium element and a 40-storey tower element, containing a total of 433 rental dwelling units. The proposal will have a gross floor area of approximately 30,696 square metres, resulting in a density equivalent to 22.9 times the gross area of the subject site.
210 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Newtonbrook West right now
- For sale now
- 34
- Median asking price
- $575K
- New in 7 days
- 5
- Price cuts
- 12%
Middle half: $499K to $737K
15 in 28 days
4 listings
This home is asking 13% below the median, lower than three quarters of them.
See all homes in Newtonbrook WestAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Finch Station | TTC subway: Line 1 Yonge-UniversityYRT bus rapid transit: Viva Blue | 300 m |
| North York Centre Station | TTC subway: Line 1 Yonge-University | 1.7 km |
| Yonge / Steeles | YRT bus rapid transit: Viva Blue | 1.7 km |
| Sheppard-Yonge Station | TTC subway: Line 1 Yonge-University, Line 4 Sheppard | 2.4 km |
| Old Cummer GO | GO Transit train: Richmond Hill | 3.9 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains public transit Information made available under YRT's Open Data Licence.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Cyril Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 700 m | 96%Grade 6 average |
| R J Lang Elementary and Middle SchoolToronto DSB | Public · grades JK–8 | 750 m | 61%Grade 6 average |
| McKee Public SchoolToronto DSB | Public · grades JK–5 | 1.1 km | 86%Grade 3 average |
| École élémentaire Paul-DemersConseil scolaire Viamonde | French-language public · grades JK–6 | 3.7 km | 95%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Drewry Secondary SchoolToronto DSB | Public · grades 9–12 | 550 m | — |
| ÉSC Monseigneur-de-CharbonnelConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 600 m | 63%Grade 9 math |
| Newtonbrook Secondary SchoolToronto DSB | Public · grades 9–12 · French Immersion | 1.4 km | 39%Grade 9 math |
| St Joseph Morrow Park Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 | 2.2 km | 63%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Newtonbrook West are shown to signed-in members.