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For SaleCondo Apt · ApartmentMLS® #C14155390 · TRREB MLS®

703-5740 Yonge St, Toronto, Ontario

Newtonbrook West, Toronto, Ontario M2M 0B1

Bedrooms
1
Bathrooms
1
Type
Condo Apt
Basement
None

$399,800

Estimated market value

About 703-5740 Yonge St

703-5740 Yonge St is a 1-bedroom, 1-bathroom condo in Newtonbrook West, Toronto, listed for sale at an asking price of $399,800 (MLS® C14155390).

Bright and efficient one-bedroom at The Palm Residences - 549 sq ft of well-planned space plus an oversized 59 sq ft balcony, one of the largest outdoor spaces you'll find in a suite this size. Open-concept living and dining with a walkout to the balcony, a separate bedroom with double closet, four-piece bath, and a full kitchen with stainless appliances and ensuite laundry. No wasted hallway space - every square foot works. Unbeatable location at Yonge & Finch: steps to Finch Subway Station and the GO/YRT/VIVA terminal, one bus to York University, minutes to Hwy 401 and 404, with groceries, restaurants, and cafés at your door. Building amenities include an 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.

Insights

  • Condition Score

    Fair
    66out of 100

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall
    26out of 100

    −$868/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 13 homes with 1 bedroom for lease in Newtonbrook West right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

Key facts

Tax
$1,957 / 2026
MLS® number
C14155390
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
500-599 sqft
Listed on
Parking
Underground, 0 Parking
Listing brokerage: RE/MAX CITY ACCORD REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Listing history

Buy/sell history for 703-5740 Yonge St, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$399,800N/AFor SaleC14155390

Members see the full history. Prices are hidden from signed-out visitors.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Domin Kurian for a full comparative market analysis.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
Newtonbrook West
Municipality
Toronto

Building

Size
500-599 sqft
Construction
Concrete

Inside

Bedrooms
1
Bathrooms
1
Bathroom Details
1 × 4pc Flat
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Additional Parking
0
Total Parking
0

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Extras
Stainless Steel Fridge, Stove, B/I Dishwasher, B/I Microwave, Stacked Washer / Dryer, All Electrical Light Fixtures and All existing Window coverings.
Condo maint.
$531

Rooms

RoomSizeFeaturesLevel
Kitchen2.26 × 2.67 mGranite Counter, Stainless Steel Appl, Custom BacksplashFlat
Living2.9 × 5.94 mLaminate, Combined W/Dining, Large WindowFlat
Dining2.9 × 5.94 mLaminate, Combined W/Living, Large ClosetFlat
Br2.82 × 3.1 mLaminate, Mirrored ClosetFlat

Map and tour

Condos for sale in Newtonbrook West right now

For sale now
35
Median asking price
$570K

Middle half: $499K to $724K

New in 7 days
4

15 in 28 days

Price cuts
11%

4 listings

This home is asking 30% below the median, lower than three quarters of them.

See all homes in Newtonbrook West

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Signals around this home

Changing nearby

Changing nearby. 6 open development applications within 800 m of this home.

  • 5800 YONGE STSite planUnder Review

    Site Plan Application for Phase 2 (eastern) of 52 and 54 storeys. A total gross floor area of 80,022.1square metres, 267.5 square metres of non-residential, and 79,754.7 square metres of residential uses with 1,121dwelling units are proposed for this phase. 722 vehicular parking spaces are included in the Phase 2 portion of the development. See Application 23 153890 NNY 18 SA for Phase 1 and western towers.


    180 m away

  • 5800 YONGE STSite planUnder Review

    Proposal to construct a two-storey child care centre as part of redevelopment of site. Child care centre will have a gross floor area of 913 square metres and a height of 12.0metres. A total of 7 surface vehicle parking spaces are proposed along with 18 bicycle parking spaces.


    180 m away

  • 5800 YONGE STSite planUnder Review

    Site Plan Application for Phase 1 (western towers) of 46 and 48 storeys. A total gross floor area of 71,030.1 square metres of residential uses with 999 dwelling units are proposed for this phase. 799 vehicular parking spaces are included in the Phase 1 portion of the development. See Application 23 152215 NNY 18 SA for Phase 2 and eastern towers.


    180 m away

  • 30 HENDON AVEOfficial plan or zoning amendmentOMB Appeal

    OPA & Rezoning to permit the redevelopment of the subject site with a 46-storey (152.55-metre) purpose built rental apartment building, comprised of a 6- storey podium element and a 40-storey tower element, containing a total of 433 rental dwelling units. The proposal will have a gross floor area of approximately 30,696 square metres, resulting in a density equivalent to 22.9 times the gross area of the subject site.


    190 m away

  • 32 HENDON AVEOfficial plan or zoning amendmentOMB Appeal

    OPA & Rezoning to permit the redevelopment of the subject site with a 46-storey (152.55-metre) purpose built rental apartment building, comprised of a 6- storey podium element and a 40-storey tower element, containing a total of 433 rental dwelling units. The proposal will have a gross floor area of approximately 30,696 square metres, resulting in a density equivalent to 22.9 times the gross area of the subject site.


    200 m away

  • 36 HENDON AVEOfficial plan or zoning amendmentOMB Appeal

    OPA & Rezoning to permit the redevelopment of the subject site with a 46-storey (152.55-metre) purpose built rental apartment building, comprised of a 6- storey podium element and a 40-storey tower element, containing a total of 433 rental dwelling units. The proposal will have a gross floor area of approximately 30,696 square metres, resulting in a density equivalent to 22.9 times the gross area of the subject site.


    210 m away

City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.

Land transfer tax on this home

Ontario land transfer tax
$4,472
Toronto municipal land transfer tax
$4,472
Total land transfer tax
$8,944
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,472
Total for first-time buyers
$472
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $399,800
$2,247
Ontario total
$4,472

Toronto’s municipal tax uses the same brackets at this price, so it adds another $4,472.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Heritage and ravine protection

  • Not found on the Heritage Register
  • Not in a mapped Heritage Conservation District
  • Not in the mapped ravine protection area

What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.

Permit history

5 building permits cleared at this address in the City’s file.

  • New BuildingInspection

    Palm Condominium Residence - 23 storey apartment building with 216 units and 3 levels of underground parking

    Issued May 14, 2012

  • Building Permit Related(MS)Inspection

    HVAC - Palm Condominium Residence - 23 storey apartment building with 216 units and 3 levels of underground parking

    Issued February 22, 2012

  • SprinklersInspection

    Sprinklers shop drawings. - Palm Condominium Residence - 23 storey apartment building with 216 units and 3 levels of underground parking

    Issued February 21, 2012

  • Building Permit Related(PS)Inspection

    Plumbing - Palm Condominium Residence - 23 storey apartment building with 216 units and 3 levels of underground parking

    Issued September 6, 2011

  • Building Permit Related (DR)Inspection

    Drain - Palm Condominium Residence - 23 storey apartment building with 216 units and 3 levels of underground parking

    Issued May 31, 2011

City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
St Cyril Catholic SchoolToronto CDSBCatholic · grades JK–8 · French Immersion700 m96%Grade 6 average
R J Lang Elementary and Middle SchoolToronto DSBPublic · grades JK–8750 m61%Grade 6 average
McKee Public SchoolToronto DSBPublic · grades JK–51.1 km86%Grade 3 average
École élémentaire Paul-DemersConseil scolaire ViamondeFrench-language public · grades JK–63.7 km95%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Drewry Secondary SchoolToronto DSBPublic · grades 9–12550 m—
ÉSC Monseigneur-de-CharbonnelConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–12600 m63%Grade 9 math
Newtonbrook Secondary SchoolToronto DSBPublic · grades 9–12 · French Immersion1.4 km39%Grade 9 math
St Joseph Morrow Park Catholic Secondary SchoolToronto CDSBCatholic · grades 9–122.2 km63%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Transit nearby

StationLinesDistance
Finch StationTTC subway: Line 1 Yonge-UniversityYRT bus rapid transit: Viva Blue300 m
North York Centre StationTTC subway: Line 1 Yonge-University1.7 km
Yonge / SteelesYRT bus rapid transit: Viva Blue1.7 km
Sheppard-Yonge StationTTC subway: Line 1 Yonge-University, Line 4 Sheppard2.4 km
Old Cummer GOGO Transit train: Richmond Hill3.9 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains public transit Information made available under YRT's Open Data Licence.

Zoning

By-law

See Former City of North York By-Law No. 7625
Outside By-law 569-2013

What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.

City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

Mortgage Calculator

Plan with the current asking price

20% · $79,960

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$79,960
Total mortgage amount
$319,840
Total interest payment
$227,360
Total purchase cost
$627,160
Mortgage payment
$1,824/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

58%

Monthly carrying cost

$2,518
−$868per month
  • Rent $1,650
  • Shortfall $868

Rental income opens at $1,650, the median asking rent of 13 comparable homes for lease in Newtonbrook West. Type over it with the rent you expect. This is a planning tool, not advice.

Market area · filters apply to the charts below

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Sold prices in Newtonbrook West are shown to signed-in members.

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