tunning, Sun-Filled Split 2-Bed, 2-Bath High-Floor Unit In The Desirable 'The Palm Condos'! Located At The Core Of Yonge & Finch. Highly Functional Layout (700-799 Sqft) Featuring Floor-To-Ceiling Windows, Unobstructed South Views, & A Private Balcony. Freshly Upgraded This Year (2026) With Brand-New Stainless Steel Washer, Dryer, Range Hood, Dishwasher, Upgraded Faucets, & Fully Serviced Fan Coil Motors. High-Quality Flooring Throughout. Move-In Ready Condition! Unmatched Location: 2-Min Walk To Finch Subway Station, GO Transit, & Viva Hub. Future H-Mart Directly Across The Street. Steps to Countless Restaurants, Cafes & Parks. Includes 1 Parking & 1 Locker. Luxurious Building Amenities: 24Hr Concierge, Indoor Pool, Gym, Steam Room, Outdoor Terrace & Visitor Parking. A Must See! A brand new large format H-Mart Asian grocery store is opening soon, It located just across the street.
2 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $761 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 #1201
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 #1201 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,618
/mo
based on the purchase price of $533,000
$106,600 cash
$426,400 financed
$359,141 total interest
Principal54%$426,400
Interest46%$359,141
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.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $533K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5114.8%On average, homes sold at or above asking.
Active listings12,427Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 4 – Aug 2, 2026.
Based on 9,270 sales from Aug 2 – Oct 31, 2026 (6,989 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
2 for sale · 1 for rent at 5740 Yonge St — plus its sale and lease history.
5740 Yonge St #1201 is listed at $533,000 (MLS® C13768828). Summitly updates the price as soon as the MLS® record changes.
Is $533,000 a good price for 5740 Yonge St #1201?
Summitly rates it Excellent Deal: the asking price is 10% or more 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 #1201 changed?
Yes — it was first listed at $499,900 and is now $533,000, an increase of $33,100 (6.6%).
How many bedrooms and bathrooms does 5740 Yonge St #1201 have?
5740 Yonge St #1201 has 2 bedrooms and 2 bathrooms, with about 700–799 square feet of living space. It is a condo in Toronto.
How much would the monthly mortgage be on 5740 Yonge St #1201?
About $2,618 a month — principal and interest on $533,000 with 20% down ($106,600), 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 #1201 compare with other homes in Toronto?
Its asking price of $533,000 is about 37% below the median sold price in Toronto over the last 90 days, $840,000, across 9,270 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 #1201 been sold before?
Summitly has no earlier MLS® sale or lease of 5740 Yonge St #1201 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5740 Yonge St #1201?
5740 Yonge St #1201 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5740 Yonge St #1201 been on the market?
51 days — 5740 Yonge St #1201 was listed on September 10, 2026.
What is the price per square foot of 5740 Yonge St #1201?
About $667 to $761 per square foot: the asking price of $533,000 over the 700–799 sq ft the listing gives as its size range.
Does 5740 Yonge St #1201 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
Does 5740 Yonge St #1201 have a basement, and is it finished?
The listing says 5740 Yonge St #1201 has no basement.
