1006-5740 Yonge Street, Toronto, ON

Newtonbrook West, Toronto · MLS® C13751500

$587,500
For Sale
Listed 42 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • 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...
  • 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...
  • 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...
  • 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...

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.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13751500
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
Yonge/Finch
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete, Stucco (Plaster)
Maintenance
$806/mo
Exposure
West
Property tax
$2,770 / 2026
Days on market
42
Listing brokerage
IRISE
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is Northview Heights Secondary School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

What sellers nearby are askingCurrently listed nearby in Newtonbrook West · asking prices
$711kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $897/sqft; this home lists at $784/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
588kThis home666k668k669k839kThis home vs active comparables

Neighbourhood & location

Newtonbrook West, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bayview Village
$526K
Dovercourt-Wallace Emerson-Junction
$640K
North St. James Town
$765K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$529K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near R J Lang Elementary and Middle School
60%
R J Lang Elementary and Middle SchoolPublic · Elementary · 0.7 km awayBelow the GTA average · 60% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Drewry Secondary School · Public secondary0.5 km
Avondale Secondary Alternative School · Public secondary0.6 km
St Cyril Catholic School · Catholic elementary0.7 km · 90% at standard
McKee Public School · Public elementary1.1 km · 86% at standard
St Antoine Daniel Catholic School · Catholic elementary1.2 km · 58% at standard
Newtonbrook Secondary School · Public secondary1.4 km · 68% at standard
Cummer Valley Middle School · Public elementary1.4 km · 79% at standard
Churchill Public School · Public elementary1.6 km · 83% at standard
Pleasant Public School · Public elementary1.6 km · 58% at standard
Willowdale Middle School · Public elementary1.6 km · 78% at standard
Lillian Public School · Public elementary1.7 km · 62% at standard
Earl Haig Secondary School · Public secondary1.8 km · 90% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,678/mo
$128KIncome needed
4.6×Price ÷ income
$618Weekly cost
$16,450Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

72%mortgage
Mortgage $2,678Property tax $231Condo fee $806Total carry $3,715

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,599per month

Mortgage amount $470,000 · 4.49% over 25 years

$117,500Down payment (20.0%)
$470,000Loan before insurance
$0CMHC premium
$3,636Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,599
Property tax
$231
Condo / maintenance fees
$806
Heating
$0
Estimated monthly cost
$3,636

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$8,225
Toronto municipal land transfer tax
$8,225
Estimated closing costs
$16,450

Plus your down payment of $117,500. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,145/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$309,613Total interest paid
$779,613Total of all payments
Principal $470,000 Interest $309,613
YearPrincipalInterestBalance
1$10,488$20,696$459,512
2$10,965$20,220$448,547
3$11,462$19,722$437,085
4$11,983$19,202$425,102
5$12,527$18,658$412,575
6$13,096$18,089$399,479
7$13,690$17,494$385,789
8$14,312$16,873$371,477
9$14,962$16,223$356,515
10$15,641$15,543$340,874
11$16,351$14,833$324,523
12$17,094$14,091$307,429
13$17,870$13,315$289,559
14$18,681$12,503$270,878
15$19,529$11,655$251,349
16$20,416$10,768$230,933
17$21,343$9,842$209,590
18$22,312$8,872$187,278
19$23,325$7,859$163,952
20$24,384$6,800$139,568
21$25,491$5,693$114,077
22$26,649$4,536$87,428
23$27,859$3,326$59,570
24$29,124$2,061$30,446
25$30,446$739$0

At the end of your 5-year term

Total paid over the term
$155,923
Principal paid down
$57,425
Interest paid
$98,497
Balance remaining
$412,575

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,400/mo
$28,800Gross annual rent
2.1%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.9%
Gross yield
− Property tax $2,770− Condo fees $9,676− Insurance $600− Vacancy & upkeep $3,168Net operating income $12,586

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of IRISE. MLS®/PropTx.

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