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507 - 5740 YONGE STREET, Toronto (Newtonbrook West) — listed at $499,800. Earn buyer cashback at closing. No catches, just more money in your pocket.
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. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Flat | 2.66 x 2.43 meters |
| Living room | Flat | 5.41 x 3.37 meters |
| Dining room | Flat | 5.41 x 3.37 meters |
| Primary Bedroom | Flat | 3.12 x 2.97 meters |
| Bedroom 2 | Flat | 3.12 x 2.71 meters |
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Who is 507 - 5740 YONGE STREET best suited for?+
With 2 bedrooms and 2 bathrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $2,785.34, a condo/maintenance fee of $803.4/mo, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is this a good starter home?+
At $499,800, this is priced in starter-home territory for Toronto (Newtonbrook West). With multiple bedrooms, it has room to grow into. Factor in condo fees when calculating your true monthly cost.
Tell me about the pool.+
This property has a pool: Indoor pool. Ask whether it's open year-round or seasonal, and factor in maintenance costs when budgeting.
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