5740 Yonge Street, Unit 507
5740 Yonge Street, Unit 507
$549,800
$736/sq ft · 1 days on market
About This Listing
Welcome to Suite 507 at The Palm Residences - a bright, functional 752 sq ft two-bedroom, two-bath split layout in the heart of Yonge & Finch. The smart split-bedroom design offers real privacy, ideal for roommates, guests, or a work-from-home setup. Open-concept living and dining flows to a private 52 sq ft balcony. Modern kitchen with granite counters and stainless appliances, ensuite laundry, and **owned parking included**. Steps to Finch Subway Station, the GO/YRT/VIVA terminal, and one bus to York University; minutes to Hwy 401 and 404. Groceries, restaurants, cafés, and Hendon Park all within a short walk. Outstanding amenities: indoor pool, sauna/steam room, fully equipped gym, party and games rooms, media room, business centre, rooftop terrace with BBQs, visitor parking, and 24-hour concierge. Currently tenanted month-to-month - turnkey for investors.
Amenities
| Monthly Mortgage (P&I) | $2,395 |
| Property Tax (MLS) | $232 |
| Maintenance Fees | $803 |
| Total Monthly Cost | $3,431 |
Down payment: $109,960 (20.0%) · Mortgage: $439,840
Property tax uses MLS annual tax of $2,785/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by RE/MAX CITY ACCORD REALTY INC.
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Data last updated: August 20, 2026 at 02:26 p.m.