5740 Yonge St 1009
Newtonbrook West, North York, M2M 0B1
FOR SALE
$650,000
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS5 + 1
ROOMSC10707735
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Property Description
The Palm: Luxurious Condo in the Heart of North York. This newly renovated apartment features a modern kitchen with new cabinets and appliances, along with fresh flooring throughout. Enjoy unobstructed south/east views and the convenience of being just steps from Finch Subway Station, parks, and minutes from the 401.The building offers amazing amenities, including a swimming pool, gym, steam room, club and conference room, outdoor terrace, and concierge services. This is a great place to live move in and enjoy!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-11-01 | 2024-11-23 | 22 | $3,000 | - | Suspended |
Nearby Intersections
Yonge & Finch (246)
Yonge & Steeles (174)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$2,890 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (A/43)
Garage Type
Underground
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North York Market Statistics
North York Price Trend
5740 Yonge St 1009 is a 2-bedroom 2-bathroom condo listed for sale at $650,000, which is $81,685 (11.2%) lower than the average sold price of $731,685 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom condo in North York declined by $22,246 (3.0%) compared to the previous 30 day period (November 19 - December 18) and down $30,320 (4.0%) from the same time one year ago.Inventory Change
There were 779 2-bedroom condos listed in North York over the last 30 days (December 19 - January 17), which is down 6.4% compared with the previous 30 day period (November 19 - December 18) and up 35.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in North York typically sold ($21,191) (2.9%) below asking price over the last 30 days (December 19 - January 17), which represents a $4,232 decrease compared to the previous 30 day period (November 19 - December 18) and ($20,965) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in North York over the last 30 days (December 19 - January 17) stood at 38.0%, down from 58.2% over the previous 30 days (November 19 - December 18) and down from 48.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in North York stood at 40 days when successfully sold over the last 30 days (December 19 - January 17), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Zolo Realty
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