5740 Yonge St #1006, Toronto

Name: 5740 Yonge Street, Unit 1006
SKU: C13751500
Price: 587500 CAD
Availability: InStock

2 Bed, 2 Bath Condo in Toronto

Unit 1006 at 5740 Yonge Street

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.

2 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $839 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.

Inside 5740 Yonge St #1006

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 700-799 sq ftas stated on the listing
Parking: 1 spaceYes garage
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 1

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

5740 Yonge St #1006 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Sep 8, 2026For saleListedThis listingMLS® C13751500$587,500

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 5740 Yonge St #1006 Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Good Deal· based on 15,688 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $845,000
Average sold price: $1,081,664
Average days on market: 31
Homes sold: 9,624

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$845,000Last 90 days
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4930.4%On average, homes sold at or above asking.
Active listings12,828Homes for sale here right now.
Median vs prior 90 days+1.2%Compared with Apr 27 – Jul 26, 2026: prices up.

Based on 9,624 sales from Jul 26 – Oct 24, 2026 (6,804 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 1006 — 5740 Yonge Street 2 bd · 2 ba · 700 sqft	$587,500asking	$839	—	—
32 Trolley Crescent 2 bd · 2 ba · 700 sqft
7 Lorraine Drive 2 bd · 2 ba · 800 sqft
27 Rean Drive 1 bd · 1 ba · 500 sqft
60 Bathurst Street 1 bd · 1 ba · 700 sqft
88 Sheppard Avenue 1 bd · 1 ba · 500 sqft
21 Overlea Boulevard 2 bd · 2 ba · 900 sqft

32 Trolley Crescent
2 bd · 2 ba · 700 sqft
7 Lorraine Drive
2 bd · 2 ba · 800 sqft
27 Rean Drive
1 bd · 1 ba · 500 sqft
60 Bathurst Street
1 bd · 1 ba · 700 sqft
88 Sheppard Avenue
1 bd · 1 ba · 500 sqft
21 Overlea Boulevard
2 bd · 2 ba · 900 sqft

More in this building

1 for sale · 1 for rent at 5740 Yonge St — plus its sale and lease history.

See all of 5740 Yonge St

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Finch StationLine 1210 m3 min walk
North York Centre StationLine 11.6 km20 min walk
Sheppard-Yonge StationLine 1, Line 42.4 km

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Finch Station (Line 1)3 min walk
North York Centre Station (Line 1)20 min walk
Sheppard-Yonge Station (Line 1, Line 4)2.4 km

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Finch Station
210 m3 minClosest· Line 1
Homes near Finch Station
North York Centre Station
1.6 km20 min· Line 1
Homes near North York Centre Station
Sheppard-Yonge Station
2.4 km· Line 1, Line 4
Homes near Sheppard-Yonge Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 5740 Yonge St #1006. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 5740 Yonge St #1006

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,886; 20% down · 25 years · 5.5% assumed
Property tax: $323; 0.66% mill rate · ON
Total per month: $3,209; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,886

/mo

based on the purchase price of $587,500

Down payment20%

$117,500 cash

Amortization25 yr

$470,000 financed

Rate5.50%

$395,863 total interest

Principal54%$470,000

Interest46%$395,863

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

Book a tour of 5740 Yonge St #1006 with a licensed buyer's agent

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Questions About 5740 Yonge St #1006

How much is 5740 Yonge St #1006 listed for?

5740 Yonge St #1006 is listed at $587,500 (MLS® C13751500). Summitly updates the price as soon as the MLS® record changes.

Is $587,500 a good price for 5740 Yonge St #1006?

Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 5740 Yonge St #1006 changed?

No — 5740 Yonge St #1006 is still listed at its original asking price of $587,500.

How many bedrooms and bathrooms does 5740 Yonge St #1006 have?

5740 Yonge St #1006 has 2 bedrooms and 2 bathrooms, with about 700–799 square feet of living space. It is a condo in Toronto.

Is 5740 Yonge St #1006 close to transit?

The nearest rapid-transit station is Finch Station (Line 1), about 210 m (about a 3-minute walk) in a straight line. North York Centre Station is about 1.6 km (about a 20-minute walk), and Sheppard-Yonge Station is about 2.4 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 5740 Yonge St #1006?

About $2,886 a month — principal and interest on $587,500 with 20% down ($117,500), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 5740 Yonge St #1006 compare with other homes in Toronto?

Its asking price of $587,500 is about 30% below the median sold price in Toronto over the last 90 days, $845,000, across 9,624 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 5740 Yonge St #1006 been sold before?

Summitly has no earlier MLS® sale or lease of 5740 Yonge St #1006 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 5740 Yonge St #1006?

5740 Yonge St #1006 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 5740 Yonge St #1006 been on the market?

46 days — 5740 Yonge St #1006 was listed on September 8, 2026.

What is the price per square foot of 5740 Yonge St #1006?

About $735 to $839 per square foot: the asking price of $587,500 over the 700–799 sq ft the listing gives as its size range.

Does 5740 Yonge St #1006 have parking or a garage?

Yes — the listing gives 1 parking space. Garage: Yes.

What you should know

2 Bed, 2 Bath Condo in Toronto

Unit 1006 at 5740 Yonge Street

Inside 5740 Yonge St #1006

Features & systems

5740 Yonge St #1006 Price & Sale History

How 5740 Yonge St #1006 Compares to the Toronto Market

Toronto market, last 90 days

Recently sold nearby in Toronto

Living in Toronto: Location & Amenities

How long is your commute?

Costs, Mortgage & Rental Return for 5740 Yonge St #1006

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Yonge Street? See what yours is worth

Zara, any time

A licensed local agent

See 5740 Yonge St #1006, Toronto in person

Similar homes for sale nearby in Toronto

Explore More Condos in Toronto

2 Bed, 2 Bath Condo in Toronto

Unit 1006 at 5740 Yonge Street

Inside 5740 Yonge St #1006

Features & systems

5740 Yonge St #1006 Price & Sale History

How 5740 Yonge St #1006 Compares to the Toronto Market

Toronto market, last 90 days

Market pulse · Toronto

Recently sold nearby in Toronto

More in this building

Living in Toronto: Location & Amenities

Transit nearby

Transit

How long is your commute?

Costs, Mortgage & Rental Return for 5740 Yonge St #1006

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Yonge Street? See what yours is worth

Zara, any time

A licensed local agent

See 5740 Yonge St #1006, Toronto in person

Questions About 5740 Yonge St #1006

How much is 5740 Yonge St #1006 listed for?

Is $587,500 a good price for 5740 Yonge St #1006?

Has the price of 5740 Yonge St #1006 changed?

How many bedrooms and bathrooms does 5740 Yonge St #1006 have?

Is 5740 Yonge St #1006 close to transit?

How much would the monthly mortgage be on 5740 Yonge St #1006?

How does 5740 Yonge St #1006 compare with other homes in Toronto?

Has 5740 Yonge St #1006 been sold before?

Where is 5740 Yonge St #1006?

How long has 5740 Yonge St #1006 been on the market?

What is the price per square foot of 5740 Yonge St #1006?

Does 5740 Yonge St #1006 have parking or a garage?

Similar homes for sale nearby in Toronto

Explore More Condos in Toronto

Market pulse · Toronto

More in this building

Transit nearby

Transit

Questions About 5740 Yonge St #1006

How much is 5740 Yonge St #1006 listed for?

Is $587,500 a good price for 5740 Yonge St #1006?

Has the price of 5740 Yonge St #1006 changed?

How many bedrooms and bathrooms does 5740 Yonge St #1006 have?

Is 5740 Yonge St #1006 close to transit?

How much would the monthly mortgage be on 5740 Yonge St #1006?

How does 5740 Yonge St #1006 compare with other homes in Toronto?

Has 5740 Yonge St #1006 been sold before?

Where is 5740 Yonge St #1006?

How long has 5740 Yonge St #1006 been on the market?

What is the price per square foot of 5740 Yonge St #1006?

Does 5740 Yonge St #1006 have parking or a garage?