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1006 - 5740 Yonge Street
Newtonbrook West, Toronto
$587,500
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.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 11-15 |
| Size | 700-799 sq. ft. |
| Maintenance Fees | $806 |
| Locker | None |
| Balcony | Open |
| Exposure | West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $2,770 |
| mls© Number | C13751500 |
| Listed By | IRISE |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,007
- Property tax
- $231
- Heat allowance
- $150
- Condo fees, half counted
- $403
- Housing costs
- $3,791 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$117,000
gross annual household income
- Payment at 4%
- $2,472 / mo
- Cash down
- $117,500
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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