Year Built
2013
High-Rise Condo
The Palm Residences
by Castle Group Developments
5740 Yonge Street, North York, ON M2M 0B1
Total Units
214
Avg $/sqft
$722
Storeys
23
Available Units in The Palm Residences
2
Units for sale
From $549,900
0
Units for rent
Live MLS · Updated daily
Overview
5740 Yonge Street is a great choice for those seeking a Newtonbrook condo for sale. This condo is 23 storeys tall and is home to 214 units. The complex was completed in 2013, and features Toronto condo that range in size from 500 square feet to 1710 square feet.
This condo has a Walk Score of 85 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees at 5740 Yonge Street are $0.97 per-square-foot, which is significantly higher than the city average of about $0.67.
Developer
Castle Group Developments
Year Built
2013
Property Type
High-Rise Condo
Storeys
23
Total Units
214
Management
Del Property Management Inc.
Amenities
Indoor Pool
Fitness Centre
Visitor Parking
Party Room
24/7 Concierge
Price History
139 recordsLoading history…
Market Stats
Prices in The Palm Residences are down 5.9% compared to last year.
$722
Avg $/sqft
-5.9%
YoY change
33
Avg days on market
Location & Walkability
Walk Score
85/100
Daily errands on foot
Transit Score
100/100
TTC, GO, subway access
Bike Score
59/100
Bike lanes & infrastructure
City in Ontario
North York
urban family-friendly diverse
North York is a vibrant city in Ontario with a diverse population. It offers a mix of urban living and green spaces, making it a popular choice for many.
Population of 672,955 87 walkability score Median home price: $799,900
North York, Ontario
© Wikimedia Commons contributors (CC BY-SA)
At a glance
Day to dayLivability
87
Walkability
out of 100 · averaged over 25 past and present listings
Average walk score reported on listings here
6
Schools near listings
out of 10 · averaged over 25 past and present listings
Fraser Institute ratings within 2 km of each listing, closer schools weighted more
Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.
What it costsAffordability
Median asking price
$799,000
11% above Ontario
In North York
$799,000
In Ontario
$716,900
Median monthly rent
$2,500/mo
On par with Ontario
In North York
$2,500
In Ontario
$2,499
$1,027
Per square foot
≈ 26.6 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
2,472
Median $799,000
Condos 1,395 · Houses 1,073
For rent
1,970
Median $2,500
Recently sold
Sign in to see sold data
Recently leased
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Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Strong walkability for easy access to amenities
- Abundant parks for outdoor activities
- Diverse community with a rich culture
- Good public transit options
Keep in mind
- Median home prices above provincial average
- Higher rental prices compared to the province
The feel of the placeLifestyle
Daily life in North York is active, with plenty of parks and transit options for commuting. Residents enjoy a blend of city and suburban living.
Great for families commuters first-time buyers
Within the boundaryWhat's nearby
The boundary
175.6 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
418
Parks
572
Playgrounds
105
Transit stations
102
Grocery stores
567
Restaurants
231
Cafés
85
Gyms
25
Libraries
135
Pharmacies
Counted across all 175.6 km² of North York. From OpenStreetMap, as of 2026-10-12.
The schoolsWhich schools, and how they rate
6.2/10
Average rating of the 94 rated schools in this area
264
Elementary
96
Secondary
Avondale Alternative Elementary School
Public · Grades JK–8 · Toronto DSB
10.0/1010.0 over 5 yrs1st of 3,045 Ontario elementary schools
135 students · EQAO 2024-2025
Northmount
Independent · TO Private Non-Inspected
10.0/109.8 over 5 yrs1st of 3,045 Ontario elementary schools
18 students
École élémentaire Mathieu-da-Costa
Public · French · Grades JK–6 · Conseil scolaire Viamonde
9.9/105.6 over 5 yrs23rd of 3,045 Ontario elementary schools
160 students · EQAO 2024-2025
Cardinal Carter Academy for the Arts
Catholic · Grades 9–12 · Toronto CDSB
9.3/109.0 over 5 yrs8th of 742 Ontario secondary schools
665 students · EQAO 2024-2025
York Mills Collegiate Institute
Public · Grades 9–12 · Toronto DSB
9.0/1018th of 742 Ontario secondary schools
1,295 students · EQAO 2024-2025
École élémentaire Paul-Demers
Public · French · Grades JK–6 · Conseil scolaire Viamonde
9.0/1091st of 3,045 Ontario elementary schools
170 students · EQAO 2024-2025
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside North York, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.
The peopleWho lives here
683,511
Population (2021)
176.0 km²
Area
3,885
People per km²
42
Median age
$92,601
Median income
53%
Own their home
2.7
People per household
264,285
Households
Every age
- Children (under 15)14.4%
- Working age (15–64)67.3%
- Seniors (65+)18.2%
What is built here
- Detached houses23.9%
- Semi-detached6.9%
- Townhouses6.3%
- Duplexes2.9%
- Low-rise apartments11.2%
- High-rise apartments48.7%
Own or rent
53%Owners
47%Renters
Across 264,285 households
When it was built
Mostly 1961–1980
- 1960 or earlier19%
- 1961–198037%
- 1981–199010%
- 1991–20009%
- 2001–20056%
- 2006–20106%
- 2011–20156%
- 2016–20216%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 55%
- Born outside Canada
- 38.9%
- Hold a degree or higher
- 51.9%
- Employment rate
- 27.2%
- Commute by transit
- 65.4%
- Commute by car
- 1.7
- Children per family
- $80,732
- Median income after tax
- $120,828
- Average household income
- 14.2%
- Living on a low income
- $1,570/mo
- Renters pay, per month
- $1,609/mo
- Owners pay, per month
- $1,107,552
- Median home value at census
- 33.9%
- Renters spending 30%+ of income on housing
- 25.5%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 861 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)
