507 - 5740 Yonge Street, photo 1

For sale Newtonbrook West, Toronto, ON

507 - 5740 Yonge Street

List price
$499,800
Sq ft
700-799
Bedrooms
2
Bathrooms
2

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.

Photos of 507 - 5740 Yonge Street

Facts and features of 507 - 5740 Yonge Street

Key facts
TypeCondo Apartment
StyleApartment
Bedrooms2
Bathrooms2
Size700-799 sq ft
Parking1
GarageUnderground
HeatingForced Air
CoolingCentral Air
BasementNone
ExteriorConcrete
Taxes$2,785 (2026)
Maintenance fee$803 a month
Days on market2
Listing brokerageRE/MAX CITY ACCORD REALTY INC.

Rooms

5 rooms, with sizes

RoomLevelSizeFeatures
Dining Room Flat 17′ 9″ × 11′ 1″ laminate, combined w/living
Primary Bedroom Flat 10′ 3″ × 9′ 9″ laminate, 4 pc ensuite, large window
Bedroom 2 Flat 10′ 3″ × 8′ 11″ laminate, closet, window
Kitchen Flat 8′ 9″ × 8′ 0″ modern kitchen, stainless steel appl, granite counters
Living Room Flat 17′ 9″ × 11′ 1″ laminate, combined w/dining

Around this home

What’s near 507 - 5740 Yonge Street

From 507 - 5740 Yonge Street, the nearest TDSB elementary school is R J Lang Elementary and Middle School, 15 minutes on foot.

Schools

  • R J Lang Elementary and Middle School TDSB elementary · JK-8 EQAO 2024-25: Gr 6 reading 78% · Gr 6 math 34% 15 min walk
  • McKee Public School TDSB elementary · JK-5 EQAO 2024-25: Gr 3 reading 91% 17 min walk 6 min drive
  • Cummer Valley Middle School TDSB middle school · 6-8 EQAO 2024-25: Gr 6 reading 85% · Gr 6 math 67% 23 min walk 6 min drive
  • St Cyril Catholic School Catholic elementary · JK-8 EQAO 2024-25: Gr 6 reading 94% · Gr 6 math 94% 11 min walk
  • Drewry Secondary School TDSB secondary · 9-12 12 min walk
  • St Joseph Morrow Park Catholic Secondary School Catholic secondary · 9-12 EQAO 2024-25: Gr 9 math 63% · Gr 10 literacy 84% 31 min walk 7 min drive

Nearest schools, not necessarily the ones that serve this address. Check with the TDSB and TCDSB school locators.

Places: OpenStreetMap contributors, October 2026. Walking and driving times: Mapbox. Schools: EQAO 2024-25, Ontario Ministry of Education.

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MLS® C14119416 Data source: PropTx Listed October 27, 2026