The Palm Residences
5740 Yonge St, Toronto, ON M2M 0B1
The Palm Residences, at 5740 Yonge St, is a condo building in the Newtonbrook West area of Toronto, Ontario. It was built in 2013, has 214 residential units and stands 22 storeys tall.
Market Overview
Last sale: Oct 11, 2026
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About This Building
The Palm Residences is a 22-storey high-rise apartment condominium located at 5740 Yonge Street in the Newtonbrook West neighbourhood of Toronto, completed in 2013. The building comprises approximately 737 square feet per unit on average, with recent sales averaging around $556,000. Monthly maintenance fees average roughly $725, or approximately $1.01 per square foot, covering heat, water, and building insurance. Situated at Yonge and Finch, the building offers excellent transit access—just steps to Finch Station and GO Transit—plus convenient proximity to shopping, dining, and parks. Amenities include a 24-hour concierge, indoor pool, gym, steam room, and outdoor terrace. Before firming an offer, review the status certificate, reserve fund study, financial statements, by-laws, and board minutes to understand the building's capital plans and fiscal health.
Nearby condo buildings
- 5765 Yonge St · built 1989 · 195 units · 168 m away
- 5785 Yonge St · built 1990 · 126 units · 187 m away
- Luxe II – 5793 Yonge St · built 2010 · 190 units · 196 m away
- The Luxe – 5791 Yonge St · built 2010 · 197 units · 198 m away
- 5793 Yonge St · built 2010 · 201 m away
- 5791 Yonge St E · 205 m away
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General information, not legal advice. Building figures are approximate; confirm details in the corporation's own documents.