1006 - 5740 Yonge Street, Toronto, ON M2M 0B1
Newtonbrook West, Toronto · Near Yonge/Finch · View map
About this home
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.
The home
- Type
- Condo apartment
- Style
- Apartment
- Square footage
- 700-799 sq ft
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 4
- Basement
- None
- Faces
- West
- Level
- 10
- Balcony
- Open
- Laundry
- In-Suite Laundry
- Approximate age
- 11-15 years
Ownership & fees
- Ownership
- Condominium
- Maintenance fee
- $806.32/mo
- Fee includes
- Water, Heat, Common Elements, Building Insurance, Parking
- Complex
- The Palm
- Property management
- ICC Property Management
- Pets
- Allowed, with restrictions
- Exterior
- Concrete, Stucco (Plaster)
Heating & cooling
- Heating fuel
- Electric
- Heating type
- Fan Coil
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Underground
- Garage spaces
- 1
- Total parking
- 1
Taxes & other
- Property taxes
- $2,770/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- IMMEDIATE
- Cross street
- Yonge/Finch
- Neighbourhood
- Newtonbrook West
More
- Price per sq ft
- ~$665 (at 750 sq ft)
- MLS® number
- C14120284
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The home and its surroundings
- Water Heater Owned
- Built-In Oven
Included in the maintenance fee
- Water
- Heat
- Common Elements
- Building Insurance
- Parking
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
5740 Yonge Street, Toronto, ON M2M 0B1
Newtonbrook West, Toronto · Near Yonge/Finch
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Listing history for 5740 Yonge Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 1006 - 5740 Yonge Street
Answers come straight from this home’s MLS® listing.
How much is 1006 - 5740 Yonge Street listed for, and what would it cost each month?
1006 - 5740 Yonge Street is listed for $499,000. With 20% down ($99,800), the mortgage payment would be roughly $2,013 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $3,050 a month, all in. That figure is an illustration, not a quote.
Is 1006 - 5740 Yonge Street freehold or a condo, and is there a monthly fee?
1006 - 5740 Yonge Street is a condo apartment in Newtonbrook West, Toronto. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $806.32 a month. The listing says it covers water, heat, common elements, building insurance, parking. Fees can change, so confirm the current amount in the status certificate.
How many bedrooms and bathrooms does 1006 - 5740 Yonge Street have?
1006 - 5740 Yonge Street has 2 bedrooms and 2 bathrooms.
Does 1006 - 5740 Yonge Street have a garage and parking?
Yes. The listing shows the garage as underground, with room for 1 car. In total the listing counts 1 parking space.
Does 1006 - 5740 Yonge Street have a finished basement?
No. The listing shows no basement for this home.
What style of home is 1006 - 5740 Yonge Street?
1006 - 5740 Yonge Street is a condo apartment. A condo apartment is a unit in a multi-storey building, owned outright, with a monthly fee for the shared parts of the building.
How big is 1006 - 5740 Yonge Street?
The listing puts the home between 700 and 799 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.
How is 1006 - 5740 Yonge Street heated and cooled?
Heating is fan coil (electric). Cooling is central air.
What are the property taxes for 1006 - 5740 Yonge Street?
Property taxes are $2,770 a year (2026), or about $231 a month.
Are pets allowed at 1006 - 5740 Yonge Street?
Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.
Where is 1006 - 5740 Yonge Street?
1006 - 5740 Yonge Street is in the Newtonbrook West community of Toronto. The nearest main intersection is Yonge/Finch. The postal code is M2M 0B1.
Is 1006 - 5740 Yonge Street still for sale?
Yes. It is an active listing (MLS® C14120284). Listings here update from the board through the day and come down once a home sells.
What are similar condos near 1006 - 5740 Yonge Street asking?
Similar condos for sale nearby right now include 507 - 5740 Yonge Street at $499,800 (2 bed), 1905 - 5793 Yonge Street at $488,800 (2 bed) and 913 - 555 Yonge Street at $635,000 (2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 5740 Yonge Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 1006 - 5740 Yonge Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar condos nearby
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Condo apartment$499,800507 - 5740 Yonge Street, Toronto2 bed · 2 bath · Newtonbrook WestCourtesy of: RE/MAX CITY ACCORD REALTY INC.View home →
Condo apartment$488,8001905 - 5793 Yonge Street, Toronto2 bed · 1 bath · Newtonbrook EastCourtesy of: REAL ONE REALTY INC.View home →
Condo apartment$635,000913 - 555 Yonge Street, Toronto2 bed · 1 bath · Church-Yonge CorridorCourtesy of: RE/MAX IMPERIAL REALTY INC.View home →Courtesy of: IRISE
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.